Answer: Elasticity is -1.2
Explanation:
Price elasticity of demand measures the responsiveness of quantity demand to a change in the price of the good.
Change in price = $7 - $5 = $2
Change in Quantity = 100 - 150 = - 50
Elasticity using the Ac method is,
Thus, elasticity of demand for appetizers is -1.2.
A small number of individuals bear the cost of regulatory policy.
Regulatory policy is about attaining authorities' goals thru the usage of guidelines, legal guidelines, and different instruments to supply higher economic and social consequences and as a result enhance the existence of residents and commercial enterprises.
Legal guidelines and policies govern the regular existence of agencies and residents and are the essential gear of public coverage. Regulating has in no way been easy, however, the overwhelming tempo of technological change.
The regulatory policy framework is the backbone of the general public area and an essential determinant of ways the government grants its offerings efficaciously. in one manner or another, regulation (suitable and terrible) impacts each unmarried character in NSW via one-of-a-kind degrees in their lives.
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Answer:
$10
Explanation:
unit cost, replacement cost, expected selling price, estimated disposal and completion costs, and normal gross profit as a percentage of expected selling price follow
Item A: $10, $9, $20, $2, 50%
Item B: $30, $32, $50, $4, 30%
Item C: $50, $48, $90, $0, 40%
I used an excel spreadsheet to calculate the value of ending inventory using the lower of cost or market value. The ending inventory = $890, while the purchase cost = $100 + $300 + $500 = $900
the inventory should be written down by $10
Answer:
selective exposure
Explanation:
A preference of individuals both intentionally and unknowingly to search out material that supports their current frames of mind and feelings and to effectively maintain a strategic distance from material that worries their views. Observers may look for consistency with their emotions, including any part of their personality. A few analysts have contended that people individually screen out data to maintain a strategic distance from intellectual conflict.
Answer:
The answer is below
Explanation:
Vertical merger is a business term, that describes the acquisition of one or more firms by another firm, in which the firms involved are not in direct competition.
In other words, it is a situation where by, a firm acquires a supplier or distributor. A vertical merger, is considered to result to reduced cost and increment in productivity of the firm that acquires other firm.
Benefits of Vertical Merger.
1. Operational Improvements: one of the benefits vertical mergers, is in operational improvements, such that, as the reduction in cost, the delay in delivery of supplies will be greatly reduced or outrightly eliminated. It could also created avenue or marketing opportunity in supplying materials to competitors or other firms
2. Financial Synergies: this implies that, vertical merger could increase the company access to capital, funds, or credit facility from banks, which can be used in smooth running of the firm.
3. Management Efficiencies: vertical merger can leads to reduction in the cost and running of executives, such that, the inefficient personnels are removed and at the same time, increase the overall operations and commun of the excutives.