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3 years ago

Demand elasticity analyzes the _______________ and the change in total revenue resulting from a change in price.

1 answer:

5 0

<span>Demand elasticity analyzes the degree of sensitivity and the change in total revenue resulting from a change in price.
Demand is a service (in economics), that people are willing to buy at a certain price and degree of sensitivity is combination of the affect which is caused by changes in input values or output.</span>

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Adding or deleting features and functions from an existing product platform is: Group of answer choices A high-end strategy. The

LuckyWell [14K]

b. The optional pricing strategy (O.P.)

More about optional pricing:

When a company uses optional product pricing, it sets a base product at a lower cost and additional, optional products at a higher price to make up for any losses. Optional products are not required for the base product to function, but they typically improve the customer experience.

The two key components of optional product pricing:

A base product is the main draw for the customer or the reason they are purchasing. It meets the needs of the customer and does not require the optional product to function.
A complimentary product(s): A product that a customer who purchased the base product is likely to purchase in order to improve their experience with the base product.

Learn more about pricing here:

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1 year ago

A company purchased a delivery van for $23,000 with a salvage value of $3,000 on September 1, Year 1. It has an estimated useful

kaheart [24]

Answer:

<em>It will recognize 1,333.33 Depreciaton expense</em>

<em>for December 31th, year 1</em>

Explanation:

The straight-line Method is simply and easy to understand, It distribute the depreciation equally between years. So that implies that the formula should be:

$\frac{Adquisition \: Value- \: Salvage \: Value}{useful \: life}= Depreciation \: coplete \: year$

(23,000 - 3,000) / 5 = 20,000 / 5 = 4,000

Now we have to calculate the proportion

4,000 x 4/12 time in company's possesion = 1,333.33 depreciation

September + October + Novemember + December = 4 months

3 0

3 years ago

A firm has an issue of $1,000 par value bonds with a 8 percent stated interest rate outstanding. The issue pays interest annuall

dem82 [27]

Answer: $1268.20

Explanation:

value of the bond today = Present value of coupon (interest) payments + present value of principal = 120[PVOAIF8%, 10] + 1000[PVIF8%, 10] =1,268

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3 years ago

Suppose the tax rate is 0 on the first $20,000, 20 percent on the next $20,000, 30 percent on the next $20,000, 40 percent on th

DENIUS [597]

Answer:

income tax expense 18,000

Explanation:

we have to calcualte the taxable income on each bracket:

1st 20,000 tax free

$20001 to $40,000 are taxes at 20% Thus, 4,000 income tax

$40,001 to $60,000 are taxes at 30% Thus, 6,000 income tax

$60,001 to $80,000 are taxes at 40% Thus, 8,000 income tax

In total the income tax will be for $18,000

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3 years ago

TRUE/FALSE. a state that relegates minorities to second-class citizenship by depriving them of rights or responsibilities held b

vodka [1.7K]

It is a true statement that a state that relegates minorities to second-class citizenship by depriving them of rights or responsibilities held by other citizens of that state is fair game for congressional legislation.

<h3>Who are minorities group?</h3>

Generally, the term 'minority group' has different usages depending on the context. A minority group is simply understood in terms of demographic sizes within a population such as a group in society with the least number of individuals is therefore the 'minority'.

In sociology, economics, and politics, a minorities group involves a demographic which takes up the smallest fraction of the population.