Answer:
-0.33
Explanation:
The calculation of the price elasticity of demand using mid point formula is shown below:
= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of price)
where,
Change in quantity demanded is
= Q2 - Q1
= 80 units - 100 units
= -20 units
And, the average of quantity demanded would be
= (80 units + 100 units) ÷ 2
= 90 units
Change in price is
= P2 - P1
= $2 - $1
= 1
And, the average of the price is
= ($2 + $1) ÷ 2
= 1.5
So, after solving this, the price elasticity of demand is -0.33
Answer:
The correct answer is E. socially responsible
Explanation:
A company is socially responsible when it works attached to values and that within its business objectives includes supporting social, economic and environmental needs in order to optimize its competitive situation and its added value.
When a company is socially responsible, it does so by its own decision and not by taxation and its policies, strategies and practices are aimed at favoring its employees, suppliers, family, environment and environment.
The green paper of the European Commission states that "corporate social responsibility is the voluntary integration, by companies, of social and environmental concerns in their business operations and their relationships with all their partners."
Answer:
1. 4,200 units
2.7,200 units
Explanation:
<u>Prepare the Production Budget for January and February</u>
January February
Budgeted Sales 5,000 4,000
<em>Add </em>Budgeted Closing Stock 3,200 6,400
Total Production Needed 8,200 10,400
<em>Less</em> Budgeted Opening Stock (4,000) (3,200)
Budgeted Production 4,200 7,200
Budgeted Opening Stock for January comes from 80% of closing inventory from December !
What’s the Acronym? (A acronym is like LOL, or OMG)
Answer: The cost of non-free trade credit is 23.45%
We follow these steps to arrive at the answer
We have:
Discount Rate 2%
First we find 
.
Adding 1 to the number above we get 1.020408163
Next we'll find the number of extra credit days after the discount period.
Next we need to raise 1.020408163 to the fraction of 365/35. We get
Finally we need to deduct 1 from the number above to get 
We express the number above as a percentage to arrive at the cost of non-free trade credit.
