1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
qwelly [4]
3 years ago
13

You are the newly appointed sales manager of the Rock Record Company and have been charged with the task of increasing revenues.

Your economics consultants have informed you that at present price and output levels, price elasticity of demand for your product is less than one. You should______________
Business
1 answer:
djyliett [7]3 years ago
7 0

Answer:

increase the price of our products or services.

Explanation:

When the price elasticity is less than 1 (inelastic), then an increase in the price of our products or services will result in a proportionally smaller decrease in the quantity demanded. Therefore, by increasing our prices, we can increase total revenue even if the quantity demanded decreases a little.

You might be interested in
Many advertising organizations say that applying the term "unfair" to an advertisement is
Vadim26 [7]

Answer:

<em>Necessary to protect consumers from harmful products</em>

8 0
2 years ago
Melina manages a team that is all remote. She wants to collaborate with her team to design and build a culture when working remo
Nitella [24]

The right answer is keep social exchanges proactive and with intent.

What are Social exchanges ?

  • Social exchange Proposition proposes that social behavior is the result of an exchange process.
  • The reason for this exchange is to increase benefits and less costs.
  • According to this proposition, people weigh the implicit benefits and pitfalls of their social connections. When the pitfalls overweigh the prices, they will terminate or abandon the relationship.

Most connections are made up of a certain quantum of give- and- take, but this doesn't mean that they're always equal.

Social exchange suggests that it's the valuing of the benefits and costs of each relationship that determine whether or not we choose to continue a social association.

Melina manages a platoon that's all remote. She wants to unite with her platoon to design and make a culture when working. So the suggestion to her and her team is to keep social exchanges proactive and with intent.

Learn more about Social exchanges here:

brainly.com/question/5660582

#SPJ4

4 0
2 years ago
Perit Industries has $190,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternat
Wewaii [24]

Answer:

Please see attachment

Explanation:

Please see attachment

3 0
3 years ago
Which of the following would be the most desirable wording to use on a résumé? Created a first-place science fair project. I won
eimsori [14]

Answer:

The answer is created a first-place science fair project.

Explanation:

When writing a resume, we usually refrain from using subjects when explaining our past work experiences and achievements. Generally, we focus on using verbs in past tense to explain what we have managed to do in these contexts. More specifically, it is preferred to use action verbs since our resume is supposed to give an explanation on what we have done in the past.

6 0
3 years ago
Sabrina was bored with her job in a clothing factory
Crank
If she keeps working there she is going to become depressed, so she should find a job that makes her happy
7 0
3 years ago
Read 2 more answers
Other questions:
  • Discuss the difference between organizational objectives and strategies.
    12·1 answer
  • Joan, is a jewelry designer who had created a unique new jewelry piece called a neacklet. It can be either a necklace or a brace
    10·1 answer
  • Lori's Company has the following​ items: cash in a checking​ account, $ 9 comma 000$9,000​; cash in a savings​ account, $ 7 comm
    15·1 answer
  • What information in a drawings title block identifies the project?
    6·1 answer
  • Which type of rubric contains a rating scale?
    15·2 answers
  • The Dina Corp. has applied overhead to jobs during the period as follows:Jobs finished and sold$ 46,000Jobs started and in proce
    7·1 answer
  • Our company sells a product for $150 per unit. Variable costs are $90 per unit and fixed costs are $18,000. The company expects
    8·1 answer
  • Assume BarnesandNoble.com has 289 business math texts in inventory. During one month, the online bookstore ordered and received
    10·1 answer
  • The optimal level of difficulty of a goal Question 18 options: occurs only when employees set their own goals. occurs when the g
    5·1 answer
  • At the beginning of 2021, Artichoke Academy reported a balance in common stock of $154,000 and a balance in retained earnings of
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!