Demarcus's demand for apps is unit elastic
Explanation:
Unit elastic demand is an economic model which assumes that price changes would cause the necessary quantity to be equivalent in proportional.
There is dynamic competition that adjusts proportion to a change in price. A unit elastic demand is a result of price changes because customers have small alternatives that meet their needs.
Likewise, an elastic unit supply results in a price change when near supplies of substitutes are made.
Since a price change in the product corresponds to the same percentage growth in the amount demanded or given, the market elasticity is equal to-1 (Ed= -1) as well as the supply unit elasticity is equivalent to 1 (Es= 1).
Answer:
Clementine's sales volume variance = (BQ - AQS) x Standard profit margin
= (974 - 1,051) x ($95 - $49)
= $3,542(F)
Explanation: Sales volume variance is the difference between budgeted quantity and actual quantity sold multiplied by standard profit margin. Standard profit margin is the excess of budgeted selling price over actual selling price.
Answer:
the sales revenue that Head-First must make to earn operating income of $73,120 is $324,000
Explanation:
Hi, first we need to find the units to reach an operating income = $73,120
Price=72
Var Cost= 72*0.62=44.64
Fixed cost= 50,000
With that in mind, let´s formulate the equation
Where:
X= units to sell
everything should look like this
So, Head First has to sell 4,500 units in order to make that $73,120 operating income mark. Therefore, the sales revenue will be 4,500*$72=$324,000
To check the aswer, please relate to the MS excel spreadsheet attached to this answer.
Best of luck.
How would you suggest that Alliant measure the effects of a diverse workforce?
Different background and more diversity can contribute for new strategies and innovation for the company. The effects of diversity can be directly quantified after hiring more diverse people into a determined sector and by comparing the profits before and after hiring. In other words, the UX of a product made by a company mostly with individuals from a social group A cannot easily design a product which a group B can identify themselves.
For example, the design of a woman intimate personal care products made exclusively by man might originate products which aren't that good as designed products made by a diverse group man and woman.
If a company ignored workforce diversity, how might it be affected?
The company can stuck into a non-creative solution and/or stays in sector without innovation. A company without innovation might be fragile to the competition companies.
In a 401k the employer usually matches a percentage and if you are lucky dollar for dollar, where in an IRA it is does an an extra option with a set amount of money usually 2500 or more for each IRA contribution.
