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masha68 [24]
3 years ago
12

A decrease in supply will cause the largest increase in price when a. both supply and demand are inelastic. b. both supply and d

emand are elastic. c. demand is elastic and supply is inelastic. d. demand is inelastic and supply is elastic.
Business
1 answer:
Bezzdna [24]3 years ago
6 0

Answer:

c. demand is elastic and supply is inelastic.

Explanation:

Elasticity is a measure of how buyers and sellers react to a change in prices, and allow us to analyze supply and demand more accurately.

The price elasticity of demand measures how much the quantity demanded changes due to a change in prices. If the demand curve is elastic, total revenue falls as the price increases. If the demand curve is inelastic, total revenue increases as the price increases.

With an elastic demand curve, an increase in prices leads to a decrease in the quantity demanded, in a greater proportion than the increase in prices, in this way total revenue decreases. and the supply decreases greatly.

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Consider the following scenario and identify which formal research method would be appropriate.
xeze [42]

Answer:

Option C                  

Explanation:

The subject company should conduct a primary research, that is, a firsthand research by itself . In the given case the company is willing to introduce a whole new product to the market, thus they do not have any information regarding the preferences or behavior of their customer.

Scientific experiment would not be feasible as any input data could not be stated as accurate and due to the whole new segment traditional sources of information are of no use also.

6 0
3 years ago
Verano Inc. has two business divisions - a software product line and a waste water clean-up product line. The software business
neonofarm [45]

Answer:

Verano Inc. should use its cost of equity capitakl for waste water business = 6%

Explanation:

The appropriate cost of capital to evaluate the business should be for the same business. Here Verano is considering a purchase of another company in the waste water business using equity financing so the cost of equity of the waste water business should be considered for evaluation of the Proposal.

8 0
4 years ago
A municipal dealer places an order for $100,000 of new issue G.O. bonds, M '45 with the syndicate manager. The bonds will be pla
professor190 [17]

Answer:

The options for the question is:

A. pre-sale net

B. syndicate group net

C. designated net

D. member takedown

Explanation:

The answer is D. member takedown

The priority accorded to the order by the manager will be treated as member takedown orders, and if there is sufficient interest in the issue, the order would not be filled because of the other orders with higher priority being filled first.

When an order is placed with the syndicate by a member for an "accumulation account" that is being managed by that member, it is strange in that the bonds are not being sold to the general public.

The syndicate member must disclose to the manager when the order is placed; the manager will then disclose any of these orders that have been filled to the other syndicate members when the account is closed; and the manager will fill these orders last- meaning they get priority after pre-sales, group, and designated orders.

8 0
4 years ago
A benchmark index has three stocks priced at $23, $43, and $56. The number of outstanding shares for each is 350,000 shares, 405
olga2289 [7]

Answer:

Explanation:

Old prices are $23, 43, 56

New prices $23, 41, 58

Shares 350,000; 405,000; 553,000

Multiply Old prices by Shares:

23*350,000 = 8,050,000

43*405,000= 17,415,000

46*553,000= 30,968,000

In total = 56,433,000

Multiply New prices by Shares:

23*350,000 = 8,050,000

41*405,000 = 16,605,000

58*553,000 = 32,074,000

In total = 56,729,000

New index value = 970*56,729,000/56,433,000 = 975

4 0
3 years ago
1. Your roommate's long hours in chem lab finally paid off--she discovered a secret formula that lets people do an hour's worth
oksano4ka [1.4K]
It depends on the particular situation if she sells it for $300 she gains for that one sale. But if that person can reproduce the formula and sell it herself then she should not do it. if she can't reproduce it and sell it herself then yes tell it to the room mate for $300. and why are you spending so much on Advertising I would definitely cut back on my advertising costs and find different Avenues there's no way you should be paying the same price on a product that cost you $200 to make and you spent $200 to advertise know your product is $400 with no profit for you yet. it would be much better to sell a product and gain more profit in spending so much money on Advertising. There are so many ways to advertise over social media Google tweeter Yelp that will help you a great deal and they do not cost a lot at all Google my business is only $300 a year or 350 A year and Facebook business class nothing unless you want to put more advertising in it which is very inexpensive Yelp is very good a small campaign is 350 a month and they will give you all the graphs to Target your advertising
8 0
4 years ago
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