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Shalnov [3]
3 years ago
10

The flatter the demand curve through a given point, the a. closer the price elasticity of demand will be to the slope of the cur

ve. b. greater the absolute value of the change in total revenue when there is a movement from that point upward and to the left along the demand curve. c. greater the price elasticity of demand at that point. d. smaller the price elasticity of demand at that point.
Business
1 answer:
jonny [76]3 years ago
6 0
Cube c. Is ur answer I did this not long ago it’s very easy try and learn it.
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Price involves charging a high price for a product initially then lowering the price over time
Gala2k [10]
<span>Think of product when they first introduced in market. For ex. iphone introducet at the price of 700$. Since then, the price has dropped considerably even for a new model. The same is true for DVD, LCD, digital camera and many high-tech product.when company set a high intial price for the product the aim is to target a consumer who are willing to pay high price and buy product early. This way company recoup its investment in the product faster.</span>
8 0
3 years ago
Read 2 more answers
What do you call an agreement made between different companies to charge the same amount for products?
aliya0001 [1]
The agreement made between different companies to charge the same amount for products or to not sell the products below a fixed price is known as <u>price-fixing.</u><u />

5 0
3 years ago
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FedEx Corp stock ended the previous year at $103.39 per share. It paid a $0.35 per share dividend last year. It ended last year
mr Goodwill [35]

Answer:

$730 and 3.53%

Explanation:

Given that

Initial Price = $103.39

Ending Price = $106.69

Dividend Paid = $0.35

Number of Shares owned = 200

The computation of the dollar return and the percent return is shown below:

Dollar return is

= [0.35 + ($106.69 - $103.39)] × 200

= $730

And, the percentage return is

= $730 ÷ (200 × $103.39)

= 3.53%

6 0
3 years ago
"other things being​ equal, which market structure would produce the least output and the highest average product​ price
weqwewe [10]

Answer:

The answer is monopoly.

Explanation:

Monopoly is a market type where there is only one producer that is capable of manufacturing a certain product. In this type of market, the producer is capable of producing the smallest amount of products and setting the price that the consumers should pay to purchase the product. The former is possible mainly because the company is capable of knowing how many products do they need to manufacture to achieve the target profit – their sales projection tends to be more accurate than other companies that operate in a different market type.

5 0
3 years ago
N December 2, Coley Corp. acquired 1,700 shares of its $2 par value common stock for $21 each. On December 20, Coley Corp. resol
erma4kov [3.2K]

Answer:

Credit Treasury Stock $20,000

Explanation:

When the company reissued the shares, the Treasury Stock account is credited by the same price they were acquire. i.e. in this case we acquire the treasury stock at a price of $20.

Cash (1,000 * 12)                                    12,000

Additional Paid in Capital                        8,000

                         Treasury Stock (1,000 * 20)               20,000

6 0
3 years ago
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