Answer:
Inelastic between the price of $6 and the price of $8
Explanation:
At price $8, the total expenditure ;
= price * Quantity
=$8 * 13600
=$108,800
At price $6, the total expenditure;
=$6 * 15200
=$91,200
Since the total expenditure is decreasing with a decrease in price then the elasticity of demand will be inelastic.
<span>The better-watered volcanic islands, where the economy is based on agriculture, are known as high islands. A high island is also know as a volcanic island. To be classified as a high island the island itself must be of volcanic </span>origin. Low islands differ from high islands in that they have formed from volcanic activity and usually do not have any activity present.
The answer is an active cell. A circular reference occurs when a cell in an Excel<span> 2010 worksheet refers to itself.</span>
Answer:
Level of sales in dollars in order to generate a profit of $54,000 Fixed cost + Target profit/Contribution per unit $270,000 + $54,0000/0.75
= $432,000
Number of units to be sold
= Level of sales/Selling price
= $432,000/$36
= 12,000 units
The correct answer is A
Explanation:
In this case, we need to calculate level of sales in dollars, which is fixed cost plus target profit divided by contribution margin ratio. Then, we will calculate no of units to be sold, which is the level of sales divided by selling price.
Answer:
A) Intuitive - Thinking
Explanation:
It is an intuitive problem-solving style because the employees are first absorbing information by reading the scientific papers, and afterwards, they go through a cognitive process in which new information and old information are related in order to reach new conclusions. This is the congnitive process that intuitives follow.
It is a thinking problem-solving style because the conclusions are now put into an orderly format: guidelines, programs, etc. Besides, the employees employ measuring techniques to evaluate the effectiveness of the programs. This kind of detailed, scientific approached is how thinkers go about solving tasks.