Answer:
coefficient = 0
Explanation:
We have the formula to calculate the price elasticity of demand as following:
<em>Elasticity coefficient = % Change in quantity/ % Change in price</em>
As given:
+) The percentage change in price is: (120-150)/150= - 20%
+) The quantity bought remains unchanged - which means the percentage change in quantity demanded is 0%
=> <em>Elasticity coefficient = % Change in quantity/ % Change in price</em>
<em>= 0/-20 = 0</em>
<em />
<em>So the coefficient of price elasticity of demand in this example would be 0</em>
Answer:
It is the Cost of Goods Manufactured that should be transferred to the Finished Goods account. As both of them are asset account, adding to the Finished Goods account would debit it and taking from the Work in Process account would credit it.
Date Account Title Debit Credit
XX-XX-XXX Finished Goods $1,469,000
Work in Process $1,469,000
Answer:
Differentiating
Explanation:
Sprout has created a unique market offering by integrating its programs with both children and parents. This unique offering that creates superior customer value is known as <u>Differentiating.</u>
Differentiating marketing: It is a strategy when company campaign the product that target two segment of market or two location or two age group.The purpose of differentiation is to gain competitive advantages. It create specialized or differentiated product for different segment in the society. It is one three basic business strategies given by Micheal Porter.
Three basic business strategies are:
- Cost leadership
- Focus
- Differentiation.
Answer:
D.110
Explanation:
They had 6.5 instead of 65.
Number of production shortage
65/6.5=10
Now this is equal to 10 × 10 + 10
=110
Because it costs more than, u might as well say, a copy
