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Lisa [10]
4 years ago
6

When​ Elle's Espresso Bar raised its price by 10​ percent, the quantity of coffee that Elle sold decreased by 40 percent. When E

lle and all her competitors cut their prices by 10​ percent, the quantity of coffee sold by Elle increased by only 4 percent. Explain the difference between the responses to​ Elle's price hike and the price cut. Why did the price increase bring a large response in the quantity sold while the price cut had only a small​ effect?
A. The change in the quantity demanded is always larger with a price hike than with a price cut.
B. With a price hike the demand for Elle's coffee is inelastic, but with a price cut the demand for Elle's coffee is elastic.
C. Elle's coffee has lots of dose substitutes while coffee has few substitutes, so the demand for Elle's coffee is more inelastic than the market demand for coffee.
D. Elle's coffee has lots of dose substitutes while coffee has few substitutes, so the demand for Elle's coffee is more elastic than the market demand for coffee.
Business
2 answers:
victus00 [196]4 years ago
7 0

Answer:<u><em> Elle's coffee has lots of close substitutes while coffee has few substitutes, so the demand for Elle's coffee is more elastic than the market demand for coffee.</em></u>

Here, it can be seen that when Elle's Espresso Bar raised its price by 10​ percent, the quantity of coffee that Elle sold decreased by 40 percent, whereas when Elle and all her competitors cut their prices by 10​ percent, the quantity of coffee sold by Elle increased by only 4 percent.

∴<em><u> The demand for Elle's coffee is more elastic than the market demand for coffee.</u></em>

<em><u /></em>

kvasek [131]4 years ago
4 0

Answer:

D. Elle's coffee has lots of dose substitutes while coffee has few substitutes, so the demand for Elle's coffee is more elastic than the market demand for coffee

Explanation:

When​ Elle's Espresso Bar raised its price by 10​ percent, the quantity of coffee that Elle sold decreased by 40 percent. When Elle and all her competitors cut their prices by 10​ percent, the quantity of coffee sold by Elle increased by only 4 percent. Explain the difference between the responses to​ Elle's price hike and the price cut. Why did the price increase bring a large response in the quantity sold while the price cut had only a small​ effect?

D. Elle's coffee has lots of dose substitutes while coffee has few substitutes, so the demand for Elle's coffee is more elastic than the market demand for coffee

it is D because

It can be seen that the demand is more elastic. This when the percentage change in quantity demanded for a particular goods is greater than the percentage change in price

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Answer:

The correct answer is letter "A": Interaction among people can spark new ideas.

Explanation:

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3 years ago
Common stock valuelong dash—Variable growth Personal Finance Problem
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Answer:

$24.18

Explanation:

Dividend for year 0 = $2.2

Dividend at year end 1 = $2.2

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Dividend at year end 3 = $2.31 (1 + .05) = 2.4255

Dividend at year end 4 = $2.4255 (1 + .17)= 2.8378

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MPS = \frac{D_{1} }{(1\ +\ k)^{1} }  + \frac{D_{2} }{(1\ +\ k)^{2} } \ +\ \frac{D_{3} }{(1\ +\ k)^{3} } \ +\ \frac{D_{4} }{(1\ +\ k)^{4} }  +\ \frac{D_{5} }{(1\ +\ k)^{5} } \ + \frac{1}{(1\ +\ k)^{5} }  [\frac{D_{6} }{(k\ -\ g)\ ]}

where MPS = Market price of share

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          g= constant growth rate after year 5

putting values in above equation we get,

MPS = 1.864 + 1.65 + 1.478 + 1.463 + 1.352 + 0.4371 × 37.462

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4 years ago
So sánh xuất khẩu trực tiếp và xuất khẩu gián tiếp?
muminat

Answer:

so sánh  về  mặt ưu và nhược :

Explanation:

* Ưu điểm

- Xuất khẩu trực tiếp: Thông qua việc đàm phán, trao đổi trực tiếp với các đơn vị mà đôi bên có thể dễ dàng đi đến thống nhất chung, ít xảy ra các hiểu lầm, do đó mà:

·        Tăng lợi nhuận và doanh thu cho doanh nghiệp vì giảm thiểu được chi phí tối đa cho các bên trung gian.

·        Tạo điều kiện phát huy tính độc lập của doanh nghiệp

·        Chủ động, tích cực trong việc tiêu thụ hàng hóa, sản phẩm do chính doanh nghiệp sản xuất ra.

- Xuất khẩu gián tiếp:

·        Đơn vị đứng ra nhận ủy thác thực hiện nhiệm vụ xuất khẩu hàng hóa là nhưng người hiểu rõ và nắm chắc tình hình thị trường, các thủ tục pháp luật, do đó việc buôn bán được đẩy mạnh hơn, phát triển nhanh hơn.

·        Đơn vị nhận ủy thác không cần bỏ vốn vào kinh doanh nhưng vẫn có được một khoản doanh thu đáng kể.

* Nhược điểm:

- Xuất khẩu trực tiếp:

·        Chi phí thực hiện cho việc giao dịch khá cao bởi vậy khối lượng hàng hóa xuất khẩu cũng phải lớn bù đắp các chi phí.

·        Dễ xảy ra rủi ro bởi nếu đội ngũ nhân viên không đủ trình độ và kinh nghiệm xử lý công việc, thực hiện các thủ tục hợp đồng sẽ có thể mắc phải các sai lầm đáng tiếc.

- Xuất khẩu gián tiếp:

·        Đơn vị xuất nhập khẩu có thể mất đi sự liên kết với thị trường do phải đáp ứng các chính sách, yêu cầu của đơn vị trung gian.

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