The price of gummy bears rises from $2.45 to $2.85, what is the price elasticity of demand of (i) sugar-free gummy bears and of (ii) ordinary gummy bears? Use the midpoint method and specify answers to one decimal place. Be sure to use the absolute value for the elasticity of demand.
Churches .it's a religious institution
Answer:
05 Dec Debit salary 650 credit bank 650
if the 30 Nov sales are paid then
Debit wages payable 260 Credit bank 260
Explanation:
to get a day's wage we take 26 /2 = 130
the five days = 130*5 = 650
Answer:
Venus, Inc. is employing a push strategy.
Explanation:
This is a promotional strategy used by marketers to "push" their products into the customer and is often used when launching a new product. The idea is to make the product known to the public that <em>does not know</em> of it and is <em>not actively looking for it</em>. Companies often provide incentives to its distributors to give them <u>higher visibility</u> and set up <u>pont-of-sale displays.</u>
Answer: You or your company should pay the $500 and lock the rate.
Explanation:
You had already given your customer reasonable assurance that you would lock the rate so this is what they expect. You must therefore do as you have promised to your customer regardless of what the cost would be because the fault here lies with you.
You should therefore pay the $500 unless there is some company policy that allows them to pay it instead. Once done, you will be able to lock in the rate and fulfill your obligation to your customer.
