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Rainbow [258]
3 years ago
13

What is the formula for measuring price elasticity of demand? percentage change in price / percentage change in quantity demande

d percentage change in quantity demanded / percentage change in price change in quantity demanded / change in price change in price / change in quantity demanded when the price elasticity coefficient is less than 1, the percentage change in quantity demanded is the change in price. when the price elasticity coefficient is equal to 1, the percentage change in quantity demanded is the change in price. when the price elasticity coefficient is greater than 1, the percentage change in quantity demanded is the change in price?
Business
1 answer:
Nostrana [21]3 years ago
8 0
Market value increase demand of sales
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Stone Foods produces the majority of its cheese products in its U.S. based dairy division at a total outlay cost of $6.00 per un
lubasha [3.4K]

Answer:

Stone Foods produces the majority of its cheese products in its U.S. based dairy division at a total outlay cost of $6.00 per unit. A large portion of the finished product is sold to Division B where it is packaged and sold overseas under a different label. The tax rate in Division B's country is higher than the U.S. tax rate. Assume the company desires to minimize the overall tax impact of the transfer (i) what type of relative pre-tax income should each division desire to achieve as a result of the transfer and (ii) what type of transfer price would accomplish your answer to (i).  

Dairy Division Income Division B Income Transfer Price .

Option  "D"  is the correct answer -  High Low High.

Explanation:

Since in Division B, the tax rate is higher than the tax rate in US-based dairy division. Therefore to minimize the impact of the overall tax, transfer price from dairy division should be high to Division B so that the dairy division income would be higher. and the income of Division B would be lower.

Hence option  "D" is the correct answer.

3 0
3 years ago
What 3 documents are necessary during home buyer prequalification
joja [24]
I know you need income statements, tax returns, and a credit check.  I just went through this.  First, they run your credit with a "soft pull".  Then they request income verification to figure out your debt to income ratio and what you can afford/qualify for.  Then they want to see your tax returns to prove that income, and how long you've had it.  
3 0
3 years ago
Products whose demand rises when another product’s price increases are called
Ludmilka [50]

Products whose demand rises when another product's price increases are called: Substitute goods

3 0
2 years ago
The GLBA gives customers the right to opt out of information sharing, and banks must provide customers with a reasonable opportu
Diano4ka-milaya [45]

Answer:

C) Asking the consumer to write his or her own letter to exercise that opt out right

Explanation:

The whole purpose behind the Gramm-Leach-Bliley Act (GLBA)was to allow customers the right to easily opt out of information sharing by the banks. That means that the banks are required to provide an easy way for a customer to do so, and writing your own letter might be easy for some people, but very difficult for others.

It is much easier to do it by phone, or by simply mailing back a detachable form. If the client knows how to use internet and emails properly, then the bank must provide an easy option to opt out through an email or an option that can be found in the bank's website.

7 0
2 years ago
Miller owns a personal residence with a fair market value of $380,900 and an outstanding first mortgage of $304,720, which was u
Romashka [77]

Answer:

$304,720

Explanation:

According to the IRS, qualified principal residence indebtedness may include:

1)  Debt incurred in order to purchase, build or improve your house or main residence, and the debt is secured by the house or principal residence (mortgage).

Or

2) Any house debt in (1) that is refinanced in order to improve, build or purchase something of your house or principal residence, e.g. you refinance your mortgage in order to build a swimming pool. The loan balance cannot exceed the original mortgage.

A fishing boat is not considered a home improvement, so the equity loan is not considered qualified residence indebtedness.

6 0
3 years ago
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