Answer:
-2
Explanation:
To solve this question we can use Lerner's equation or Lerner's index which gives the relationship between elasticity of demand and profit maximizing cost and marginal cost:
Replacing 
Then we get that the elasticity of demand is 
The three bottom line in the social responsibility are :
- Economic
- Social
- Environment
This three bottom lines could directly affect each other. For example, as the company experienced an economic growth, it could increase the quality of the social and environmental element around the company through various Corporate social responsibilities.
To solve this problem, we
use the formula in calculating for the total variable cost (COGS):
Revenue - COGS - SG&A
= Pretax profits
where SG & A is calculated
as:
SG & A = (Contribution - Prextax income)
<span>SG & A = ($320,000 - $117,000)
SG & A= $275,000 </span>
Calculating for revenue
using the margin ratio:
Contribution margin/Revenue = Contribution Margin Ratio
Revenue = Contribution Margin/Contribution Margin Ratio
Revenue = $320,000/.20
Revenue = $1.6m
Going back to the 1st formula:
Revenue - COGS - SG&A = Pretax profits
1.6m - COGS - 275k = 117k
COGS = $1.6m - $117k - $275k
<span>COGS = $1.208 million</span>
Answer:
Kazakhstan
Explanation:
Kazakhstan is a country which comes under the upper-middle economy in the world. Their living standard is beyond any other neighbouring countries because it has managed to export a wide array of goods including tobacco. Over the years, Kazakhstan has suffered major human rights issues, but still managed to grow its economy at a reasonable rate.
You can differentiate your product by imparting a bonus. If you'd like to make your product stand out among your competitors, you might strive to add to your provide.
It would not consume up your profit margin, but your bonus product definitely adds a bit more value to your primary product.
A company can set itself other than the opposition in two approaches: through cost leadership or via product differentiation. value leadership emphasizes saving money and appeals to those who are on a budget. Product differentiation specializes in offering great.
Learn more about bonus here: brainly.com/question/24803971
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