Answer:
decrease the sales price of that pizza.
Explanation:
When the price elasticity of demand (PED) is elastic, a small decrease in price will cause a larger increase in the quantity demanded.
For example, the PED is 1.5 (elastic) and the price of pizza is $8 and you sell 100 pizzas.
Prior to the price change total revenue = $8 x 100 = $800
You decrease the price by 10% to $7.20 per pizza, and the quantity demanded increases by 15% (= 1.5 x 10%) tot a total of 115 pizzas. Total revenue = $7.20 x 115 = $828
Answer:
The answer is market strategy development stage.
Explanation:
During the market strategy development phase, it is analyzed if your product fits into your business strategic plans. A probable demand, the costs and the margins are estimated. Questions like what is the target market and which market share is expected need to be answered.
Answer:
<u>1. The ethical reasons for citation and attribution. Why is it ethically important to cite sources?
</u>
Ethically, it is important to cite source to ensure that you credit the correct person for the work included in the citation.
In order to conduct a certain study, researchers have to sacrifice countless of hours. Citing their work without giving them a proper recognition may be as bad as outright stealing.
<u>2. The practical uses and benefits of citation and attribution. Why is it helpful to cite sources?</u>
In term of practical use, citation and attribution could give a certain level of credibility to your statement.
For example, let's say that you're writing a blog post to argue about the positive use of vaccine. Citing research conducted by medical professionals will strengthen your argument over using random people's statement on social media.
Answer:
E. Zeenat plans to become a kindergarten teacher, she has a part-time job to help finance her education and plans to obtain her graduate degree in education in three years.
Explanation:
SMART stands for SPECIFIC, MEASURABLE, ATTAINABLE, REALISTIC, TIME-HORIZON.
if look at the above answer, it has all the qualities of a SMART goal.
Answer:
The correct answer for option (a) is 7.82% and for option (b) is 8.13%.
Explanation:
According to the scenario, the given data are as follows:
Amount borrowed (PV)= 75% × $3,000,000= $2,250,000
Monthly payment = $17,100
Time period Nper = 25 × 12 = 300
FV = 0
(a). So by using financial calculator, we have
Monthly APR = 0.6517%
APR annually = 0.6517% × 12 = 7.8204%
(b). We can calculate the EAR by using following formula:
EAR = (1 + k ÷ n)^n - 1
Where, K = 7.82%
N = 300
By putting the following value, we get
= ( 1 + 0.0782 ÷ 300)^300 -1
= 0.0813 or 8.13%