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Andrew [12]
3 years ago
5

If the elasticity for computers at the current price is at 6.4, what would happen to total revenues if a computer manufacturer d

oubled its price?
Business
2 answers:
Lena [83]3 years ago
7 0

The answer would be They go down drastically

MA_775_DIABLO [31]3 years ago
5 0
They would go down drastically fast.
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Describe the necessary conflict between marketing managers and finance managers. Why is it necessary?
mars1129 [50]

There is necessary conflict between marketing managers and finance managers because they are constantly fighting the battle of where to spend money. Marketing departments want to use money to heavily advertise their company/product, brand themselves within the public eye, conduct research and more whereas finance managers focus soley on the budget and finances of a business. It's important for them to have conflict or each department could be overspending or underspending where necessary if they didn't hold each other accountable.

6 0
4 years ago
A person borrows $200 to be repaid in 8 years with 14% annually compounded interest. The loan may be repaid at the end of any ea
max2010maxim [7]

Answer:

Explanation:

The formula to be used in calculation is FV = PV*(1+I)^n

FV - Future value at the end of periods

PV - Present value

r - interest rate

n - number of years

a. The amount due f the loan is repaid at the end of year 1

FV = 200*(1+0.14)^1 = 200*0.14 = $228

b. Repayment at the end of year 4

FV = 200*(1+0.14)^4 = 200* 1.6889 = $337.79

c. The amount due at the end of 8 year

FV = 200*(1+0.14)^8 = 200* 2.85 = $570.51

3 0
3 years ago
Read 2 more answers
Used office supplies of $4,940. The Office Supplies unadjusted balance on December 31 is $9,200. Adjustment Type: Supplies Expen
stiks02 [169]

Answer:

Deferrals / Prepaid  

              Supplies Expense

Date        Debit        Credit      Date

31-Dec    $4,940

Balance $4,940

                 Office Supplies

Date        Debit        Credit      Date

31-Dec    $9,200      $4,940    31-Dec

Balance  $4,260

7 0
3 years ago
Macroeconomics is the study of a. individual decision makers. b. international trade. c. economy-wide phenomena. d. markets for
Misha Larkins [42]

Answer:

Option (c) is correct.

Explanation:

Macroeconomics refers to the study of the behavior and performance of the economy as a whole. Macro economics takes into account the effect interest rates and a country's productivity.

If mainly focuses on the gross domestic product of a nation, unemployment, inflation, growth rate, etc.

Its main aim is to highlight the issues that are affecting the country's economy, individuals and companies.

Components under macro economics:

(1) Aggregate supply

(2) Aggregate demand

(3) Government spending

(4) Inflation

7 0
4 years ago
Of the four steps in the army pr system, which step is a continuous process that occurs throughout the system? ...
nydimaria [60]

The Army Personnel Recovery System has the following four steps: preparation, planning, execution, and assessment.

The fourth step, the assessment is a continuous process that occurs throughout the system. it is an industrial process in which a material is produced continuously. an example is iron, with the iron ore fed continuously into the apparatus and cast iron continuously removed.


7 0
4 years ago
Read 2 more answers
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