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docker41 [41]
3 years ago
11

Sony is considering a 10 percent price reduction on its HD TV sets. If the price-elasticity coefficient for the sets in this pri

ce range is 0.75, then the price cut will cause
Business
1 answer:
lys-0071 [83]3 years ago
7 0

Answer:

A 7.5% increase in the quantity demanded

Explanation:

If the price elasticity of demand (PED) is 0.75, that means that for every 1% change in the price of a product, the quantity demanded for the product will inversely change by 0.75%. If the price increases, the quantity demanded decreases, and vice versa.

If Sony lowers the price of its TVs by 10%, and the PED = 0.75, then the quantity demanded will increase by = 10% x 0.75 = 7.5%

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<span>According to revised weight-loss prediction equations, a deficit of 10 kilocalories per day leads to an average weight loss of one pound over a 3-year period. Also if you noticed that during your losing of weight program you slowed down, it means that you have to increase your physical activity to compensate for it.</span>
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4 years ago
In which order do the stages of the product life-cycle occur?
telo118 [61]

Answer:

Depending on how many stages you like to go by here are the phases

<u>6 Stages:</u>

1. Development

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4. Maturity

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1. Development/Introduction

2. Growth

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Explanation:

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3 years ago
True or False: This fact violates the efficient markets hypothesis because the efficient markets hypothesis argues that it is im
Deffense [45]

Answer:

True

Explanation:

It is true that this fact violates the efficient markets hypothesis because the efficient markets hypothesis argues that it is impossible to earn above-market returns.

Efficient market hypothesis holds that asset prices reflect all available information. A direct implication is that <u>it is impossible to "beat the market" </u>consistently on a risk-adjusted basis since market prices should only react to new information.

Hence since it is impossible to beat the market, it is impossible to earn above-market returns.

8 0
3 years ago
Success in today's dynamic business environment depends heavily on maximizing the use of Internet-based technologies and Web-ena
MariettaO [177]

Answer:

to meet the competitive requirements of customers, suppliers and business partners.

Explanation:

The world is slowly drifting towards a global age and we all need internet based technologies to keep up. The suppliers need the technologies to advertise their goods and keep up with customer demands and satisfaction. The customers need it to be able to find things they want and also get in touch with their favourite suppliers. The business partners need it to know the in and out of their investment and keep abreast of the business track.

8 0
3 years ago
Fixed costs are $240,000 and the contribution margin is 48 percent. what is breakeven sales revenue?
I am Lyosha [343]

Answer:

20000

Explanation:

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3 0
3 years ago
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