Answer:
$25,000
Explanation:
Lupo Company's equity = owner's equity + retained earnings
- owner's equity = $15,000 (initial investment) - $2,000 (withdrawal) = $13,000
- retained earnings = net income = total revenue - total costs = $35,000 - $23,000 = $12,000
Lupo Company's equity = $13,000 + $12,000 = $25,000
The money multiplier formula tells us the ratio of increase or decrease in the money supply that banks should generate corresponding to each dollar of reserves. This also tells the maximum amount the money supply could increase based on an increase in reserves within the banking system. The answer to this item is letter C.
Answer:
The company should increase the number of units she is producing
Explanation:
Since the elasticity of demand for the product is greater than one (1.4), it means the demand for the new drug is elastic, meaning the demand for the new drug is sensitive to price – the higher the price, the lower the quantity demanded and the vice-versa. So the pharmaceutical company should be careful of charging higher than the other competitors.
What the company needs to do to increase its revenue is to produce large quantity of the drug in order to earn higher and gain larger market share and probably economies of scale.
For example, If the company produces 400 units of the drug at $2, the revenue will be $800.
To increase the revenue, the company needs to increase its production.
For example, the increases the production to 500 units at the prevailing price of $2, therefore, the revenue will be $1000
This reflects the philosophy of Andrew Carnegie.
He was a famous businessman, who is actually even now considered to be one of the richest people ever. However, he was a philanthropist as well, having donated over $350 million to various charities. The sentence above was his philosophy.
Answer:
Yes, a large percentage of consumers are influenced by people who are present on the internet, who are mostly younger people. In order to generate income, advertisements for young people are becoming less and less advertising look like.
For this reason, advertising pieces should always aim to entertain and inform, only to later sell. The experience with advertising content should be positive.
The teen audience may have many different tastes, but there is a high probability that everyone will use a cell phone. The device is part of the daily lives of young people and it is through it that teenagers communicate, consume content, and even shop.
