Answer:
- How to best segment the ready-made dinner market.
Answer:
D
Explanation:
when you lease a vehicle, your monthly payment will be calculated based on the vehicle's depreciation, or the change between its current value and its value at the end of the lease obviously plus interest and fees. .
If the quantity supplied by producers is relatively insensitive to price changes, supply is price inelastic.
Inelastic demand is demand for which the change in quantity demanded is small due to changes in price. Demand is elastic if the formula yields an absolute value greater than 1. In other words, quantity changes faster than price. If the value is less than 1, demand is inelastic.
For example, consumers are less price relatively insensitive if the product or service is unique or has few alternatives. Consumers are less price sensitive when total costs are low relative to total revenues. The total effort compared to the total cost of the final product also influences price sensitivity.
Learn more about price inelastic at
brainly.com/question/5078326
#SPJ4
<em>Your question is incomplete. please read below to find the full content.</em>
If the quantity supplied by producers is relatively insensitive to price changes, supply is ______. Multiple choice question.
price inelastic.
quantity demanded.
relative price increase.
change in price.
Answer:
0.1333
Explanation:
Given that,
Selling price = $5
Variable cost = $3
Annual sales = $20,000
Total sales = $60,000
Contribution margin:
= Selling price - Variable cost
= $5 - $3
= $2
Number of units sold:
= Annual sales ÷ Selling price
= $20,000 ÷ $5
= 4,000 units
Total contribution sales:
= Number of units sold × Contribution margin per unit
= 4,000 units × $2
= $8,000
Weighted contribution:
= Total contribution sales ÷ Total sales
= $8,000 ÷ $60,000
= 0.1333
