Answer:
The correct answer is D.
Explanation:
Giving the following information:
Marta estimates that the fixed costs associated with opening her new hair salon are $100,000. She expects the salon to attract 500 new customers in the first year, each of which will cost $25 to service.
Total cost= total fixed costs + total variable cost
Total cost= 100,000 + 25*500= 112,500
Answer:
The price elasticity of demand is -9.00.
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question as follows:
The table below shows the weekly demand for machine screws at the local hardware store.
Price (dollars per pack of 100 screws) Quantity (packs of 100 screws)
$5.00 0
4.50 60
4.00 120
3.50 180
3.00 240
2.50 300
2.00 360
1.50 420
1.00 480
0.50 540
0.0 600
Using the starting point method, what is the price elasticity of demand from a price of $4.50 to a price of $4.00 per pack of 100 screws:
The explanation of the answer is now provided as follows:
New quantity = 120
Old quantity = 60
New price = $4.00
Old price = $4.50
Using the formula for calculating the starting point method for elasticity of demand, we have:
Price elasticity of demand = ((New quantity - Old quantity) / (New price - Old price)) * (Old price / Old quantity) = ((120 - 60) / (4.00 - 4.50)) * (4.50 / 60) = -9.00
Therefore, the price elasticity of demand is -9.00.
Answer:
wages and prices that do not respond to decreases in demand.
Explanation:
As we know that the price is always adjusted to equate the quantity supplied with the quantity demanded
but in the case of the macroeconomy the situation of the excess supply is already existed for a longer period this is caused in the case of the wages and prices when they are not able to respond when there is a reduction in the demand
Therefore the same is to be considered
Answer: A
Explanation: capital accumulation is increasing the capital structure of a society in form of profitable investments. means the gathering of objects of value; the increase in wealth; or the creation of wealth. And this can be enhance by motivating the public to sacrifice some consumer goods for some industrial good or asset.
Two acts that the TUMI manufacturers comply with are:
- Environmental regulations
- labor and employment act
<h3>The corporate responsibility of this organization</h3>
As a result of the corporate responsibility of this business group, they are known to respect environmental laws.
This law requires them to avoid the use of chemicals and substances that are harmful to the environment.
Also the business has to comply with laws that concerns labor and employment.
Read more on corporate social responsibility here:
brainly.com/question/1373962