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worty [1.4K]
4 years ago
5

Debeers sells most of the diamonds it produces to industry. the company controls over 90 percent of the market and has great pow

er over its distributors. in its marketing channel, debeers would be considered a:
Business
1 answer:
Leokris [45]4 years ago
5 0
DeBeers is called a channel leader. There is the strength, determination, knowledge, and management to control the industry. He/She has a talent and strategy on distributing and delivery of the business through networks. He/She knows that market very well enough to control the 90% as said.
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Due to the rise of large-scale production, the influx of peasants to urban areas to find work, and the development of a system o
Strike441 [17]

Answer:

Barter system

Explanation:

Barter system - it is system of exchanging the good and service with others good and service in that return. the main point to note in this is that medium of offering services and goods is ignored i.e. money.

these type of system is used in society from centuries and long time back before money was introduced.

8 0
3 years ago
a shopper seeking a bargain combined a 25% off coupon with the store's existing 25% off sale, and brought enough money to cover
lukranit [14]
Because the % discounts cannot be added to calculate the final price.

The first discount is over the original price but the second discount is over the already discounted price.

You can find a combined factor if you multiply the two factors.

Discount of 25% => Factor = 0.75

Now you can find the combined factor by multilplying 0.75*.75 = 0.5625

That means that the final price will be the original price times 0.5625 (or what is the same that the discount is 100 - 56.25 = 43.75%.

Then the operation results in a higher price than if you multiply by 0.5 (50% discount).

In conclusion the discount resulting from two consecutive 25% discounts is less than a 50% discount.
7 0
3 years ago
A bakery works out a demand function for its chocolate chip cookies and finds it to be q = D(x)= 760-13x​, where q is the quanti
Reika [66]

Answer:

Please refer to the below for explanation.

Explanation:

From the above, the demand function is given as ;

D(x)=760-13x

a) Find the elasticity

It means finding the derivative of the function

D'(X)=-13, hence elasticity is expressed as

xD'(x) / D'(x)

= x(-13) / 760 - 13x

= 13x / 760 - 13x

The elasticity expression is thus ; E(x)= 13x / 760 - 13x

b) At what price is the elasticity demand equal to 1.

The above means that E(X) = 1

Putting 1 for E(X) in the elasticity equation,

E(x) = 13x / 760 - 13x

1 = 13x / 760 - 13x

When you cross multiply, you'll have

760 - 13x = 13x

Collecting like terms, you'll have

760 = 13x + 13x

760 = 26x

Dividing both sides by 26, you'll have

x = 760 /26

x = 29.23

It means that the elasticity at the price of demand = 1 is 29.23

c) At what price is the elasticity of demand elastic.

The above means that E(X) > 1

Thus;

13x / 760 - 13x > 1

When you cross multiply, you'll have

13x > 760 - 13x

Collecting like terms, you'll have

13x + 13x > 760

26x > 760

Dividing both sides by 26, you'll have

x > 760/26

x > 29.23

It means that the elasticity of demand is elastic at x > 29.23

d) At what price is the elasticity of demand inelastic

The above means that E(X) < 1

Hence;

13x / 760 - 13x < 1

When you cross multiply, you'll have

13x < 760 - 13x

Collecting like terms, you'll have

13x + 13x < 76

26x < 760

Dividing both sides by 26, you'll have

x < 760/26

x < 29.23

It means that the elasticity of demand is inelastic at x < 29.23

7 0
3 years ago
Inflation is 20 percent. Debt is $2 trillion. The nominal deficit is $300 billion. If the expected inflation rate falls from 20
Yakvenalex [24]

Answer:

expected inflation rate does not change real deficit

Explanation:

given data

Inflation = 20 percent

Debt = $2 trillion

nominal deficit = $300 billion

expected inflation rate falls =  20% to 15%

solution

we know that real deficits is real variable

and that is not affected by any change in inflation rate because inflation is nominal variable

so we can say nominal value of deficits can be affected but real value of deficits will be remain the  same

7 0
4 years ago
Bartosiewicz Clinic uses client-visits as its measure of activity. During January, the clinic budgeted for 5,300 client-visits,
PSYCHO15rus [73]

Answer:

$306

Explanation:

check the attached file for comprehensive solution

and a formatted excel image

3 0
3 years ago
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