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3 years ago

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Business

1 answer:

andreev551 [17]3 years ago

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Price elasticity of demand along a linear, downward-sloping demand curve increases as price falls.

Ksivusya [100]

False.

It DECREASES. The midpoint of the demand curve will be unitary elastic, whereas above it, it will be elastic and below it, it will be inelastic.

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3 years ago

True or False: The effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers.

aleksklad [387]

It is false that the effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers.

Tax refer compulsory levy or contribution place on individual, organization or state which is levied by government majorly on workers income or business profits of companies or can be added to cost of goods, services or even any transactions done.

Therefore, It is false that the effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers because the effect of tax on consumers or producers is normally determined by price elasticity.

Learn more about tax from the link below.

brainly.com/question/25783927

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2 years ago

The Fortise Corporation manufactures two types of vacuum cleaners, the Victor for commercial building use and the House-Mate for

jolli1 [7]

Answer:

The Fortise Corporation

The total sales-mix variance closest to $1,055,000 in terms of the contribution margin.

Explanation:

a) Data and Calculations:

Static Budget Victor House-Mate Total

Total Number sold 20,000 80,000 100,000

Contribution margin $4,600,000 $15,200,000 $19,800,000

Actual Results Victor House-Mate Total

Number sold 21,500 64,500 86,000

Contribution margin $6,665,000 $14,190,000 $20,855,000

Variance

Number sold 1,500 F 15,500 U 14,000 U

Contribution margin $2,065,000 F $1,010,000 U $1,055,000 F

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3 years ago

In order to sell a product at a profit the product must be priced higher than the total of what it costs you to build the unit,

zloy xaker [14]

Answer:

1 $32.17

Explanation:

The computation of the minimum price the product should sold is shown below:

Min price = Production cost + period cost + overhead cost

= $21.45 + $10.725

= $32.175

The period cost and the overhead cost is the half of the total production cost and we considered the same

We simply added the production cost, period cost and the overhead cost so that the minimum price could come

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3 years ago

What was Henry Ford's output

Hatshy [7]

Henry Ford was the first to make a mass production. He made the Mobile T

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4 years ago