Answer:
more
Explanation:
we know that here Price Elasticity of demand is express as
Price Elasticity of demand = PercentageChange is quantity demanded ÷ PercentageChange in price ...........................1
so that, Demand for gasoline is more elastic in the long run than in the short run because in the long run people can change their preferences and choices.
Answer: 3. Sales Promotion
Explanation: Sales Promotion is a promotion mix strategy to entice consumers to particular product. it includes the issuance of discount on selling price, contest etc.
Answer:
C) 38,000
Explanation:
The estimated warranty liability for 2017:
= [2016 sales x (first + second year warranty costs)] + [2017 sales x (first + second year warranty costs)] - (warranty expenses for 2016 and 2017)
= [$600,000 x (2% + 5%)] + [$800,000 x (2% + 5%)] - ($20,000 + $40,000)
= $42,000 + $56,000 - $60,000 = $38,000
Answer:
B. 6.2 DLH per unit of G2
Explanation:
Total cost per unit of G2:
$20 = DM + DL + OH
$20 = $7 + $3.60 + X
$20= $10.6
$20- $10.6
= $9.4
X = $9.4 overhead per unit of G2
Therefore the Plantwide overhead rate is:
$795,000/530,000 DLH = $1.5 per DLH
DLH per unit of G2:
$9.4/$1.5 = 6.26 DLH per unit of G2
Explanation:
There are many ways in which the progress of women in the workforce is still an important and pressing issue. This issue needs immediate action and the progress of women is of utmostimportance. This can be due to the following reasons.
- The economy will grow faster when both males and females will participate in it's functioning.
- Participation in the workforce will encourage more and more women to acquire good qualifications.
- This will enable women to financially support their family.
- This will enable women to lead a life of dignity and respect.
- This will remove gender discrimination.