Answer:
A. choosing installment plans for both items
Explanation:
on edge
<span>Because farm products have a low elasticity of demand a small change in output will have a similar effect on the price. Since the low elasticity of demand directly relates to </span>pricing, when the smaller change in output happens, a smaller drop in profits does as well. The price of the item will decrease to compensate for less products selling.
Answer:
1. ANSWER: 20,000
2. ANSWER: $400,000
3. ANSWER: $28.45
Explanation:
1. If the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million;and Topco, Inc. has a planned market share of 10 percent. Then, Topco have the potential to sell in this market 10% * $4 million / $20 = 20,000 units of the proposed cell phone.
2. The planned market share in dollars is 10% * $4 million = $400,000
3. If Atlantic Car Rental charges $29.95 per day to rent a mid-size automobile. Pacific Car Rental, Atlantic's main competitor, just reduced prices on all its car rentals. In response, Atlantic reduced its prices by 5 percent.
Now Atlantic's new cost of rental for mid-size cars is: 95% of $29.95 = $28.45
Answer:
Contingencies are potential liabilities that might result because of a past event
Explanation:
Reasonably possible losses are only described in the notes and remote contingencies can be omitted entirely from financial statements.
Answer:
getting bullied being lonely no friends not fitting in
Explanation:
