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NikAS [45]
3 years ago
14

When the price of a product​ changes,

Business
1 answer:
balu736 [363]3 years ago
4 0

C relative price » sub effect & income effect

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Scorpion4ik [409]
What does anything mean⇔
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2 years ago
Read 2 more answers
Which of the following would make it easier to maintain an effective collusive agreement in a cartel?
GalinKa [24]

Answer:

A decrease in the elasticity of demand for the cartel's product.

Explanation:

The cartel is under the control of companies operating in the same area. This is undesirable. It is concluded between businesses and these contracts prevent competition. Such arrangements are also prevented by governments, which aims to promote competition among governments across the country. This type of arrangement creates unity and demonstrates business behavior in activities that prevent other competitors from entering the sector.

Adverse effects on consumers include:

1) Higher prices - cartel members can raise prices, which reduces the demand elasticity of any member.

2)  Lack of Transparency - Members may agree to hide prices or hide information such as hidden charges in credit card transactions.

3) Limited production - Members may agree to limit market production, such as OPEC and oil quotas.

4) Build Market - Cartel members can collectively divide a market into regions or regions and not compete in each other's territory.

4 0
3 years ago
Beckett, Inc., has no debt outstanding and a total market value of $200,000. Earnings before interest and taxes, EBIT, are proje
FrozenT [24]

Answer:

Beckett, Inc.

Earnings Per Share:

a-1. Earnings Per Share:

Economic Conditions                          Normal    Expansion  Recession

Earnings before interest and taxes = $30,000  $35,400      $24,000

Earnings per share:

Recession = $24,000/8,000                                                       $3.00

Normal = $30,000/8,000                   $3.75

Expansion = $35,400/8,000                                    $4.43

a-2. Percentage changes in EPS:

Recession = -$0.75/$3.75 x 100 = -20%

Expansion = $0.68/$3.75 x 100 = 18.13%

b-1. EPS after recapitalization:

Economic Conditions                          Normal    Expansion  Recession

Earnings before interest and taxes = $30,000  $35,400      $24,000

Interest at 8%                                         $8,000    $8,000        $8,000

Earnings after interest                        $22,000  $27,400       $16,000

Earnings per share:

Recession = $16,000/8,000                                                       $2.00

Normal = $22,000/8,000                   $2.75

Expansion = $27,400/8,000                                    $3.43

b-2. Percentage changes in EPS:

Recession: -$0.75/$2.75 x 100 = -27.27%

Expansion:  $0.68/$2.75 x 100 = 24.73%

Explanation:

1. Data:

Market Value = $200,000

Economic Conditions                          Normal    Expansion  Recession

Earnings before interest and taxes = $30,000  $35,400      $24,000

Issue of debt for $75,000 with 8% interest

Proceeds to repurchase shares of stock.

Outstanding shares = 8,000

Ignore taxes

5 0
3 years ago
During the introduction stage of the product life cycle, promotional expenditures are made to stimulate consumer desire for an e
TEA [102]
<span>During the introduction stage of the product life cycle, promotional expenditures are made to stimulate consumer desire for an entire product class rather than for a specific brand. The consumer desire that is stimulated is referred to as primary demand.
</span>Primary demand is the desire for a product class rather than for a specific brand.During the growth stage of the product life cycle, promotional expenditures are made to stimulate consumer desire for a specific brand due to increased competition. The consumer desire that is stimulated is referred to as selective demand.<span>Selective demand is the preference for a specific brand.</span>
6 0
2 years ago
A work breakdown structure must be decomposed at least four levels in order to be effective. true false
Eddi Din [679]

A work breakdown structure must be decomposed at least four levels in order to be effective- FALSE

   By adopting task breaking, a popular productivity technique, workload can be made more reasonable and approachable. The instrument used to apply this method to projects is the Work Breakdown Structure (WBS), one of the important project management papers. To ensure that project plans are in sync, it does it on its own by combining size, cost, and schedule baselines.

A  Work Breakdown structure is used to graphically, hierarchically, and deliverable-focused decompose a project (WBS). Project managers can use it to break down the focus of their operations and view all the tasks required to complete them, making it a helpful diagram.

To learn more about Work Breakdown structure click here:

brainly.com/question/5775960

#SPJ4

4 0
1 year ago
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