Answer:
B2B (Business to business) and B2C (Business to consumer)
Answer:
Price elasticity of demand = 2.6
Explanation:
Given:
Old price (P0) = $70
New price (P1) = $60
Old sales (Q0) = 10,000 units
New sales (Q1) = 15,000 units
Computation of Price elasticity of demand(e):
Midpoint method

By putting the value:


e = 2.6
Answer:
Virtual organization
Explanation:
A virtual organization or the business is the one which is defined as whose members are apart geographically, generally working through computer e- mail as well as groupware when appearing to others which is to be unified, single company with the real location physically.
In short, it is the permanent or temporary collection of the geographically dispersed groups, company, entire or individual units which ground on the electronic linking so that to complete the process of production.
So, in this case, the workgroup working on e-mail, phone and collaborative computing in order to complete the project. Therefore, it is an example of virtual organization or company.
Answer:
it is refered to as profit maximization condition
Answer:
$28,317.88.
Explanation:
The annual payment, PMT can be determined using a financial calculator as follows :
PV = $300,000
N = 20
P/YR = 1
R = 7.00 %
FV = $0
PMT = ?
Using a financial calculator, the annual payment, PMT is $28,317.88.