1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dlinn [17]
3 years ago
13

Walmart is thinking about offering a 25% discount on a brand of shoes. If the elasticity of demand is two, then the discount wou

ld increase sales by: A.50%. B.2%. C.200%. D.25%.
Business
1 answer:
sweet-ann [11.9K]3 years ago
6 0

Answer:

A.50%.

Explanation:

The price elasticity of demand formula is:

PED = Change in quantity demanded / change in price

plugging the amounts into the formula we obtain:

2 = X / 25%

Now, simply solve for X:

2 x 25% = X

50% = X

Thus, the total quantity demanded would increase by 50%

You might be interested in
Both Bison Autos and Sparrow Inc. incur a cost of $9,000 to manufacture a vehicle. However, the economic value created by Sparro
Tcecarenko [31]

Answer: B.Sparrow inc can charge a premium price on its Automobiles.

Explanation:

Sparrow inc can charge a premium price on its Automobiles.

Economic Value is simple the amount of money an economic agent is willing to pay for a good or a service. When both companies incur same amount of costs, for a company to create higher economic value the price must be higher (premium price) or consumers (economic agents) are willing and able to pay premium price for sparrow inc automobiles

3 0
3 years ago
What are the rights of the employer and employer in the employer-employer relationship??​
sdas [7]
I like your pfp :))))
3 0
3 years ago
Recently, people in the united states have started demanding more products from the united kingdom. What effect will this growin
lilavasa [31]

The pound will appreciate.

An appreciation means a growth in the cost of a currency in opposition to different foreign forex. An appreciation makes exports extra steeply priced and imports less expensive. An instance of an appreciation in the value of the Pound 2009 – 2012. Jan 2009 If £1 = €1.1.

Foreign money appreciation commonly reduces inflation due to the fact imports come to be inexpensive and the decreased prices lead to decreasing inflation. It makes imports extra appealing, causing the demand for neighborhood merchandise to fall. neighborhood organizations generally must reduce fees and boom productiveness as a way to stay competitive.

In 2021-22, the GBP-USD trade charge is forecast to understand with the aid of four.6%, with £1 returning US$1.3679 on common during the 12 months. on the time of guide, the BoE day-by-day spot exchange charge was £1 same to US$1.3404 on 02 March 2022.

Learn more about money appreciation here: brainly.com/question/1833440

#SPJ4

7 0
2 years ago
If a company provides an online service that delivers physical products and services but does not exist as a brick-and-mortar st
grin007 [14]

Answer: a. an e-brand brand

Explanation:

An e-brand is one that provides just an online service for merchandise sales. These companies do not have physical locations but rather show you all that they sell on their websites and then when you purchase something, they deliver it as a physical good. The most popular example of such is Amazon.

The advantage of such brands is that they get to save on the rental and other property costs related to establishing brick-and-mortar stores because they are online.

3 0
3 years ago
FARO Technologies, whose products include portable 3D measurement equipment, recently had 36 million shares outstanding trading
erma4kov [3.2K]

Answer:

A. $117 million

B.13%

C. $21.75

Explanation:

B. Calculation to determine How large a loss in dollar terms will existing FARO shareholders experience on the announcement date

Expected Loss= 390*30%

Expected Loss= $117 millions

Therefore How large a loss in dollar terms will existing FARO shareholders experience on the announcement date will be $117 millions

B. Calculation to determine What percentage of the value of FARO’s existing equity prior to the announcement is this expected gain or loss

First step is to calculate the Existing Shares Value

Existing Shares Value =36*$25

Existing Shares Value= $900 millions

Now let calculate the Expected Loss %

Expected Loss % = $ 117/$ 900

Expected Loss % = 13%

Therefore the percentage of the value of FARO’s existing equity prior to the announcement is this expected gain or loss will be 13%

C. Calculation to determine At what price should FARO expect its existing shares to sell immediately after the announcement

Price Per Share: $ 25*(1 - 0.13)

Price Per Share$25*0.87

Price Per Share: $21.75

Therefore what price should FARO expect its existing shares to sell immediately after the announcement is $21.75

6 0
3 years ago
Other questions:
  • Partial balance sheets and additional information are listed below for Monaco Company. Monaco Company Partial Balance Sheets as
    11·1 answer
  • Dan's Car Wash produces $150,000 in revenues and incurs $120,000 in labor wages, materials, rent, and other explicit costs. More
    7·1 answer
  • In order to craft effective business messages, beginning writers should follow the writing process closely. The first step in th
    15·1 answer
  • The supplies account has a trial balance of $3,226. a year-end inventory shows $1,752 worth of supplies left at the end of the y
    7·1 answer
  • The officer responsible for managing the firm's cash flows is the
    11·1 answer
  • Suppose Happy Dog Soap Company is evaluating a proposed capital budgeting project (project Beta) that will require an initial in
    6·1 answer
  • On January 1, 20X7, Pisa Company acquired 80 percent of Siena Company by purchasing 40,000 shares of Siena's common stock. There
    7·1 answer
  • Joshua is the junior accountant of a construction company. He pays rent for its office building for the month of January. He cre
    14·1 answer
  • Jamara has started a home party business that hosts parties and those attending paint signs. Jamara must pay $500 a year to be a
    14·1 answer
  • How to wear black formal shoes?
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!