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WARRIOR [948]
3 years ago
6

Demarcus says that he will spend exactly $25 each month on new apps for his mobile device, regardless of the price of apps. Dema

rcus's demand for apps is a. perfectly elastic. b. unit elastic. c. perfectly inelastic. d. somewhat inelastic, but not perfectly inelastic.
Business
1 answer:
Nostrana [21]3 years ago
3 0

Demarcus's demand for apps is unit elastic

Explanation:

Unit elastic demand is an economic model which assumes that price changes would cause the necessary quantity to be equivalent in proportional.

There is dynamic competition that adjusts proportion to a change in price. A unit elastic demand is a result of price changes because customers have small alternatives that meet their needs.

Likewise, an elastic unit supply results in a price change when near supplies of substitutes are made.

Since a price change in the product corresponds to the same percentage growth in the amount demanded or given, the market elasticity is equal to-1 (Ed= -1) as well as the supply unit elasticity is equivalent to 1 (Es= 1).

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Your company is upgrading the breakroom and kitchen. It is going to include an expresso machine, a fridge with compartments for
Oksi-84 [34.3K]

Answer:

1. In a Year 20,367 20,017

2. In a Year 21,333 21,917

3. In the case of NPW analysis Selected Target is best option because it is the better and cheaper investment while EUAM analysis states Walmart kit is better option,

4.Target is the best option because the cost difference is only around $600 which will last for 6 Years while in walmart case we will need to replace all the furniture in 3 Years .

Explanation:

1. Using NPW Analysis

Walmart Kit Target

Intial Cost 40000 65000

AMC 10000 12000

Salvage Value 12000 25000

Life Years 3 6

Total Cost

Intial Cost 40000 65000

Less Salvage 12000 25000

Balance 28000 40000

5% Interest 6000 19500

AMC PV 2.71 5.05

Amc 27100 60600

Total Cost 61100 120100

In a Year 20,367 20,017

2. Using EUAW Analysis

Walmart Kit

Target

Intial Cost 40000 65000

AMC 10000 12000

Salvage Value 12000 25000

Life Years 3 6

Total Cost

Intial Cost 40000 65000

Less Salvage 12000 25000

Balance 28000 40000

5% Interest 6000 19500

AMC 30000 72000

Total 64000 131500

In a Year 21,333 21,917

In the case of NPW analysis Selected Target is best option because it is the better and cheaper investment while EUAM analysis states Walmart kit is better option,

Target is the best option because the cost difference is only around $600 which will last for 6 Years while in walmart case we will need to replace all the furniture in 3 Years .

Hence Target product will be the best option we would advice the management to go for.

7 0
3 years ago
WILL GIVE BRAINLIEST.
Black_prince [1.1K]

Answer:

A. Return on Investment

6 0
3 years ago
Read 2 more answers
Aside from an associates degree what else can earn at a two year college
Assoli18 [71]
A two year college may also have a vocational technical side beside the associate degree.
Vo-tech careers can take 12-24 months of study; examples culinary arts, house construction, vet tech, cosmetology. Certificate programs are also available for learning specific computer programs, project management, or health aide.
You might want to check out Pensacola State college for a good look.
3 0
3 years ago
Read 2 more answers
We made a distinction between pro-business policies and pro-market policies. Which of the following is a way to put that distinc
Step2247 [10]

Answer:

<u><em>The correct answer is: </em></u> Pro-market policies mean businesses can earn profit and loss; pro-business policies means businesses only make profit.

Explanation:

Pro-market policies are those that establish norms that help the free market to operate in balance, without any kind of benefit in favor of a specific company, in this way it benefits both companies and consumers, therefore it sets up in a normal market situation where companies cannot make profits and losses.

In a pro-business policies, the government offers advantages to specific companies to increase profitability, such as tax incentives, privileges, etc.

6 0
3 years ago
Which of the following would cause demand-
gayaneshka [121]

Answer: c

Explanation:

6 0
3 years ago
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