Answer:
$11,400
Explanation:
Data provided as per the question is below:-
Shares = 1,900
Undervalued amount = $11
Overvalued amount= $5
The computation of profit is shown below:-
Profit = Shares × Undervalue amount - Shares × Overvalued amount
= 1,900 × $11 - 1,900 × $5
= $20,900 - $9,500
= $11,400
Therefore for computing the profit we simply applied the above formula.
Answer:
A distribution channel is the correct answer.
Explanation:
Customer's perceptions set the price ceiling - if they see the price as too high they won't buy it, demand will fall, and so will the equilibrium price. Their perception on the fairness of the price will affect how high the price can go before losing sales.
The correct option is C (1836)
<u>Explanation:</u>
From the given data, all the frims with the given market share are taken. the 8 more firms are taken into account which have 1 percent market share. Thsu, 8 is multiplied with 1 pecent of share.
All the square roots are calculated in order to calculate the HHI
HHI = Summation of sqrt Si
= (36)^2 + (3)^2 + (3)^2 + (6)^2 + (16)^2 + (6)^2 + (4)^2 + (7)^2 + (11)^2 + 8(1)^2
= 1836
Therefore, the correct answer is C (1832)