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devlian [24]
3 years ago
15

The​ real-income effect of a price change is most significant when

Business
1 answer:
katovenus [111]3 years ago
7 0
On the government to be honest
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otez555 [7]
Big data helps companies treat customers as individuals, this is called marketing strategy, it a very powerful tool that shows the taste and need of possible customers and helps companies design specific campains in order to get directly on priorities of people, using big data tool you could  offer to people just what they need.   
7 0
3 years ago
Dog Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day.
lara [203]

Answer:

Dog Kennel

The revenue variance for March would be closest to:

= $1,028 U

Explanation:

a) Data and Calculations:

Budgeted kennel tenant-days = 3,100

Actual kennel tenant-days = 3,120

                                    Fixed element   Variable element     Total

                                        per month        per tenant-day

Revenue                                      -                   $ 34.00        $105,400

Wages and salaries         $ 2,000                    $ 7.00          $23,700

Food and supplies               1,000                     13.50            42,850

Facility expenses                7,500                      2.50             15,250

Administrative expenses   6,000                       0.10               6,310

Total expenses             $ 16,500                  $ 23.10            $88,110

Actual results for March:

Revenue                          $ 104,372

Wages and salaries         $ 28,500

Food and supplies          $ 44,025

Facility expenses             $ 14,900

Administrative expenses $ 7,090

Total expenses                $94,515

Revenue variance for March would be closest to: $1,028 U ($105,400 - $104,372)

6 0
3 years ago
You have been appointed head of marketing for Barry's Younique Yachts. Barry, the CEO, is interested in determining whether offe
Zielflug [23.3K]

Answer:

that he should reduce his prices. Yachts are luxury goods and therefore exhibit a high price elasticity of demand. Thus, reducing prices would increase revenue.

Explanation:

Luxury goods usually have a high elasticity of demand when compared with necessity goods which are highly inelastic.

An elastic demand means that a change in price would have a considerable impact on quantity demanded.

Therefore, if the price of the yachts which is a luxury good with high elasticity is reduced, demand for yachts would increase and revenue would increase.

7 0
3 years ago
One of the first technologies to truly revolutionize the business use of information was a stone tablet.
denis23 [38]

One of the first technologies to truly revolutionize the business use of information was a stone tablet. FALSE.

Answer: One of the first echnologies to truly revolutionize the business use of information were paper and the printing press.

When these developments came about, they made it easier for communication to be shared between businesses, cities, and the economy. Allowing for paper and the printing press increased communication and made room for new jobs. As they grew and expanded, new people were hired which helped the economy get a boost of new funds.

3 0
3 years ago
BRAINLIEST!!!!
77julia77 [94]

Answer: It can be deduced that it's unethical for your employees to use their work computers for personal activities?

Explanation:

What is ethics?

It should be noted that ethics simply means the principle of knowing what is right from what is wrong.

In this case, it's unethical for your employees to use their work computers for personal activities. This isn't appropriate.

Furthermore, it's ethical for you to monitor computer usage. This is necessary to checkmate the activities of the employees.

8 0
2 years ago
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