Answer:
More than 75 cent
Explanation:
Since after the deal, no other soft drink company is allowed to sell it's product on campus, the demand for 12-ounce can of CheapFizz would increase which would invariably lead to increase in sales price
Answer: The answer is a
Explanation:
Using the formula
Expected Rate of Return = ∑(i =1 to n) Ri Pi
Where Ri = Return in scenario 1
Pi = Probability for the return in scenario 1
i = Number of scenario
n = Total number of probability and Return
P1=30
R1 = 18
P2 = 50
R2 =12
P3 = 20
R3 =-5
Expected Gain =(30 ×18) + (50 × 12) + ( 20 × -5)
= 540 + 600 + - 100
= 1,040
= 1,040 ÷ 100
= 10.4%
Answer: $15,800
Explanation:
When it comes to fixed assets like land, all costs that were necessary to acquire the land and to get it ready for use are capitalized - included in the cost of the fixed assets.
Cost of land = Acquisition cost + Surveys and legal fees + Land clearing to get it ready for use
= 15,000 + 600 + 200
= $15,800
Answer:
a) subtitution effecrt as the opportunity cost for consuming Doritos increased therefore, a portion of the demand in this market will steer into other like Lays.
b) wealth effect the consumption will increase as we are given an extraordinary income
c) income effect. As the income decrease, the consumer preferences may lead to consume inferior good rather than normal good or normal goods and cut-off luxury goods.
Explanation:
