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devlian [24]
3 years ago
14

When demand is unit​ elastic, a change in price causes total revenue to stay the same because A. total revenue never changes wit

h price changes. B. the percentage change in quantity demanded exactly offsets the percentage change in price. C. the change in profit is offset by the change in production cost. D. buyers are buying the same quantity.
Business
1 answer:
Keith_Richards [23]3 years ago
8 0

Answer:

B. the percentage change in quantity demanded exactly offsets the percentage change in price

Explanation:

Unit elastic demand is an economic theory that assumes a change in price will cause an equal proportional change in quantity demanded.

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The demand for all carbonated beverages is likely to be ________ the demand for dr. pepper. more elastic than perfectly elastic
Alona [7]
Less elastic than the demand for dr. pepper.
7 0
3 years ago
The ease with which the customer can place and receive their order as well as other aspects of value that the sales staff provid
Anna71 [15]

Answer:

customer experience.

Explanation:

The ease with which the customer can place and receive their order as well as other aspects of value that the sales staff provides is customer experience.

Customer experience is the total of all experiences a customer has with the business, based on all interactions and thoughts about the business.

Customer experience can also be said to be the result of every interaction a customer has with an organization's business, from navigating the website to talking to customer service and receiving the product/service they bought from the organization.

8 0
3 years ago
Consider a 10​-year bond with a face value of $ 1 comma 000 that has a coupon rate of 5.1 %​, with semiannual payments. a. What
poizon [28]

Answer:

Answer is given below.

Explanation:

SOLUTION

a. Calculation of Coupon Payment

Coupon Payment = Face Value X Coupon Rate /2

Coupon Payment = 1000*5.5% /2

Coupon Payment = 55 /2= 27.5

Therefore the Coupon Payment is  = 27.51

cash flow diagram is attached.

3 0
3 years ago
You expect that Bean Enterprises will have earnings per share of $2 for the coming year. Bean plans to retain all of its earning
Varvara68 [4.7K]

Answer:

C) $27.75

Explanation:

Earnings:

2.00 x 20% = 0.4 (2.00 + 0.40 = 2.40)

2.40 x 20% = 0.48 (2.40 + 0.48 = 2.88)

2.88 x 20% = 0.576 (2.88 + 0.576 = 3.456)

3.46 x 10% = 0.346 (3.46 + 0.346 = 3.806)

3.80 x 10% = 0.38 (3.80 + 0.38 = 4.18)

Dividends:  

3.46 x 50% = 1.73

3.80 x 50 % = 1.90

4.18 x 75% = 3.135 ( 50% + 25% = 75%)

P0 = 1.73/[(1.12)^4] + 1.90/[(1.12)^5] + (3.14/(0.12 - 0.05))/1.125

     = 27.63

Therefore, If Bean's equity cost of capital is 12%, then the price of a share of Bean's stock is closest to $27.75

8 0
3 years ago
What skills + attributes are keys to success for business leaders?
Jobisdone [24]

Things like enthusiasm and knowledge

8 0
3 years ago
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