Retained earnings im prtty sure I’m so sorry if I got it wrong
Answer:
A low-price strategy
Explanation:
Price elasticity of demand is the responsiveness of quantity demand to a change in price. It is calculated by dividing the % change in quantity demanded by the % change in price.
- Perfectly elastic demand: Even no changes in price causes a change in quantity demanded (horizontal demand curve)
- Elastic demand: Change in price causes a relatively higher change in quantity demanded (Sloped demand curve, PES > 1)
- Unitary elastic demand: Change in price causes the same change in quantity demanded (PES = 1)
- Inelastic demand: Change in price causes a relatively lower change in quantity demanded (Steep slope in demand curve, PES < 1)
- Perfectly inelastic demand: Even with changes in the price, there is no change in the quantity demanded (vertical demand curve).
In this case, demand for hamburgers by both students and faculty is elastic since it is 4 and 3 respectively and hence higher than 1. Thus, any change in price will cause a higher change in quantity demanded.
Note: <em>The negative figures DOES NOT mean less than 1. The negative figure is because price and quantity demanded have an inverse relationship (when one rices, the other falls). Hence, even -4, -3, -6 are all elastic. However, -0.2, -0.9 and such are considered inelastic. </em>
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When demand is elastic, a fall in price will help to maximize total revenue and profits, because when price falls by a certain amount, demand will increase by a much larger amount. Thus, in order to maximize profits, a low-price strategy should be used. In this low price strategy, students should be charged lower than faculty members, since students have a more elastic demand compared to faculty members. For example, students can be charged $5.6 and faculty members $5.8
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Answer:
B. Hinduism
Explanation:
Max Weber is known for his concept of bureaucracy as an organization structure.
Weber observed, the principles of Hinduism preach selflessness and greater self denial as means to attain enlightenment or nirvana. By abiding to such principles, entrepreneurial activities cannot be a possibility.
The simple reason being, entrepreneurial activities are focused at wealth creation and profit making. And ideally, one's profit is offset by another's loss. So when one earns a profit, it always comes at the cost of someone's loss.
So such activities as per Hinduism cannot lead to attainment of nirvana and thus would be discouraged.
Answer:
correct option is d. economy
Explanation:
any organization have many risk management objective that is prior to occurring of loss
and here very important is economy that is reduce anxiety
and organization prepare potential loss in the economy to involve analyse of a safety program and insurance premium and cost associate with a different technique for loss handle.
so correct option is d. economy
Answer:
- Used its fixed assets more efficiently.
- Had a greater increase in sales relative to its fixed assets.
Explanation:Fixed assets are long term assets that a company acquires,they are also tangible and are non current in nature. This type of assets appear in a company's balance sheet buildings,equipments,lands etc.
WHEN A FIXED ASSET IS EFFICIENTLY UTILIZED IT WILL CONTINUE TO GIVE A HIGHER TURNOVER.
IT CAN ALSO MEAN THAT THE ASSET HAD A GREATER INCREASE IN SALES RELATIVE TO ITS FIXED ASSET.