Answer:
The answer is: Since the price elasticity of demand is lower than -1, then you should lower the price of your goods.
Explanation:
Price elasticity of demand is almost always negative, since a decrease in the price of a product should increase the quantity demanded for that product. In this case the price elasticity of demand is -1.5, that means that if you lower your price by 1%, you should be able to sell 1.5% more products. So when you lower your price, your total revenue should increase due to higher sales.
Answer:
Provide recommendations and resolve issues not specifically connected to production
Explanation:
Parallel teams can be regarded as highly task-focused team ,which is been drawn on individuals ranging different functional areas as well as locations. This team are usually generally make completion to their work base on defined schedule. In most cases, parallel teams are not usually disbanded but they could be there so they can handle a subsequent set of tasks. It should be noted that One of the the purpose and activities of a parallel team is to Provide recommendations and resolve issues not specifically connected to production.
<span>Guiding, teaching, and supervising employees are activities associated with leading.
If a person is guiding someone or a group of people, he acts as a leader so that is why it is associated with leading. Similar is the case with teaching and supervising employees, a person acts as a leader for other.</span>
Answer:
new weighted contribution margin = 47.4%
Explanation:
(0.4A + 0.5B + XC) / 3 = 0.48
0.4A + 0.5B + XC = 0.48 x 3 = 1.44
since A, B and C all have the same selling price and all sell the same amount of goods, then contribution margin for C = 1.44 - 0.4 - 0.5 = 0.54
if the new sales mix changes to 40% Aye, 25% Bee, and 35% Cee, then the new weighted contribution margin = (0.4 x 0.4) + (0.25 x 0.5) + (0.35 x 0.54) = 0.474 = 47.4%
Answer:
The correct answer is: 36 months or 3 years.
Explanation:
The Department of Treasury Circular 230 establishes the regulations for all those professionals who represent individuals before the Internal Revenue Service (<em>IRS</em>) such as <em>lawyers </em>and <em>accountants</em>. In section 10.29 there is a retention requirement in front of conflict of interest that implies waivers or consents to be retained by the tax professional for <em>3 years post-representation</em> and made available to the IRS if requested.