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Fiesta28 [93]
3 years ago
15

Suppose you are in charge of setting prices at a local ice cream shop. The business needs to increase its total revenue, and you

r job is on the line. You evaluate the data and determine that the price elasticity of demand for ice cream at your shop is 1.8. You should?
Business
1 answer:
In-s [12.5K]3 years ago
4 0

Answer:

The price of ice-cream should be reduced.

Explanation:

As the price elasticity of demand is 1.8,which is given as

Price/Demand=1.8

As the values is greater than 1 this indicates that the price of the ice-cream is more than the demand of the ice-cream.

This indicates that the price is more so the price of ice-cream should be reduced.

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An independent firm that offers connections and Electronic Data Interchange (EDI) transaction forwarding services to buyers and
weeeeeb [17]

Answer:

Value Added Network

Explanation:

Value Added Network -

It is the service , which is provided by some private firm , so that the company have a secure way to share the data , is referred to as value added network , VAN .

It is the most common method for the movement of the electronic data interchange ( EDI ) , in between two firm or companies .

Hence, from the given information of the question,

The correct term is Value Added Network VAN.  

3 0
3 years ago
A military institute in a particular state launched a separate program for women. However, the senior members of the program hel
Colt1911 [192]

Answer:

quasi-strict scrutiny approach

Explanation:

Based on the information provided within the question it can be said that the approach most likely to be adopted for this case is quasi-strict scrutiny approach. This refers to a statutory classification that deals with gender or legitimacy. Which is exactly what this is case is in regards to, as they are filling a suit on the basis that they are being treated differently based on their gender.

7 0
3 years ago
If a sign has a white background, it is most likely _____.
nexus9112 [7]

<u>Answer: </u>Safety instructions

<u>Explanation:</u>

Safety measures and instructions for safety everything has white back ground board. This increases the visibility of the board and has clarity for the viewers. These sign boards try to give information of things to be done to be safe.

Also the white background boards have letters in black that will increase the readability. These signboards can be seen in streets, highway, railways, airplanes etc. These signboards help to prevent unnecessary accidents and it is precautionary measure.

3 0
3 years ago
Martha is upset at catherine over the dinner bill the night before. martha believes catherine should have split the bill but she
erica [24]
<span>In terms of larcenies, this would be petty theft. Petty theft is defined as the crime of stealing things of low value. Stealing $ 20 is petty theft because $ 20 is considered to be a small amount of money.</span>
3 0
3 years ago
If a company has excess capacity, increases in production level will increase variable production costs but not fixed production
den301095 [7]

Answer; True

Explanation;

When a company has excess capacity, it means that potentially it could produce more than it is producing at the moment. As this potential already takes into account the fixed costs, this means that given the fixed costs it currently has, more goods could be produced on those same fixed costs and they wouldn't increase.

Increasing production level would therefore only increase variable costs which rise whenever production rises as they are directly related to the production of goods.

6 0
3 years ago
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