Answer:
Price elasticity of demand = -1.08
Explanation:
According to the scenario, computation of the given data are as follows:
Quantity 1(Q1) = 22
Quantity 2(Q2) = 26
Price 1(P1) = $35
Price 2(P2) =$30
Price elasticity of demand = [(Q2-Q1) ÷ {(Q1 + Q2)} ÷ 2] ÷ [(P2-P1) ÷ {(P1 + P2)÷2}]
= [(26-22) ÷ {(22 + 26)} ÷ 2] ÷ [(30-35) ÷ {(35+ 30)÷2}]
=-(139 ÷ 128)
= -1.08
Answer: Strategic Analysis.
Explanation: Strategic analysis is the process that firms use to study and understand the many different aspects of their competitive environment. This analysis involves the process that focus on researching an organization’s business environment within which it operates. It is an essential tool in formulating strategic planning for decision making and smooth working of the business organization.
Strategic analysis refers to the process of conducting research on a company and its operating environment within which its operates to formulate a strategy. Strategic analysis helps define a strategy that will help stand out from the competitors and to also remain competitive. Another important function of strategic analysis is the prediction of future events and the planning of an alternative approach if the first fail to deliver.
Answer:
1. Economics - The social science concerned with how individuals, institutions, and society make optimal (best) choices under conditions of scarcity.
2. Opportunity cost - The next-best thing that must be forgone in order to produce one more unit of a given product.
3. Marginal analysis - Making choices based on comparing marginal benefits with marginal costs.
4. Utility - The pleasure, happiness, or satisfaction obtained from consuming a good or service.
My question is why have the same everything they must think that you are trying to get two credit cards and reject it! Well I dont see whats wrong I say do everything you can to ^ your creedit and see if they will let you get it but if they dont move on to the next company they'll just be loosing a perfectly good customer
44900-4200=40700
He has lost 4200