A convenience product would most likely be promoted through ____

Suppose someone believes that if a per-unit tax is placed on the producers of good Y, the consumers of good Y will end up paying

Alex_Xolod [135]

Answer:

The correct answer is option (B) perfectly inelastic

Explanation:

It is a known facts that anytime tax is imposed on any goods at any given time, the tax falls totally on the consumers provided the elasticity of demand is zero.

Since increase in tax doesn't affect the demand for goods and services, and no matter the increment in price from the supplier, the demand remains the same. Therefore, the demand curve for goods Y is said to be perfectly inelastic.

4 0

3 years ago

Travis, the advertising manager of a photo imaging company, is responsible for compiling a list of the company's potential adver

pantera1 [17]

Answer:

Letter C is correct. <u>Delegation of authority. </u>

Explanation:

In the context of organizational authority, the option that is best illustrated in this scenario is the delegation of authority.

This can be defined according to Chiavenato, as a process of transmitting authority and responsibilities to the lower hierarchical positions.

The higher the hierarchy in an organization, the greater the need to delegate authority, so it is essential that a leader perform this process effectively, using the right technique, to delegate authority to the right person, the right task, the right communication and maintaining control and performance evaluation of subordinates, so that the effectiveness of delegation of authority is achieved and that helps the organization to achieve its objectives and goals.

8 0

3 years ago

Read 2 more answers

Shelton Co. purchased a parcel of land six years ago for $866,500. At that time, the firm invested $138,000 in grading the site

nikklg [1K]

Answer: $918,000

Explanation: Since Shelton Co is considering building a warehouse on the site because the rental lease is expiring then in evaluating the new project all the relevant cash flows must be considered in the protect evaluation. Market value of the land used for constructing the building is an opportunity cash flow and so must be considered. The Relevant cost of opportunity for land will be its fair value.

Therefore ,the initial cost cost of the warehouse project for the use of this land is $918, 000.

5 0

3 years ago

Read 2 more answers

Shaky Bicycles. Rhonda, an incorporator who filed the articles of incorporation for ABC Corporation, a corporation set up to sel

antoniya [11.8K]

B would be the correct answer

8 0

4 years ago

Your firm is a U.K.-based importer of bicycles. You have placed an order with an Italian firm for €1,000,000 worth of bicycles.

Gwar [14]

Answer:

( A) £803,721.49

Explanation

==> Present value of €1,000,000 = 1000000/1.02 = €980,392.16

===> Converting Euro into US Dollar using spot exchange rate

€980,392.16×1.56 = $1,529,411.77

===>Converting US Dollar into Pounds using spot exchange rate

$1,529,411.77/1.96 = £780,312.13

===> investing this amount in UK

==>the amount of €1,000,000 is collected from French firm and it is used to repay the Euro loan

Step – 5 maturity value of pounds investment is received

£780,312.13 × 1.03 = £803,721.49

Therefore the answer is £803,721.49

8 0

4 years ago

A convenience product would most likely be promoted through _____.