Answer:
a. "The different brands are almost identical so I always buy the cheapest."
Explanation:
The statement that best represents a situation where demand for a particular brand would be very elastic is when there are different brands that are almost identical so consumers always buy the cheapest.
Elastic demand is when price have a big effect on the quantity consumers want to buy. It holds that the quantity purchased has an inverse relationship with price. When prices rise, people buy less.
Hence, an increase in price of a product will lead to a fall in its quantity demanded as consumers will switch to buying other available identical products.
If an organization implemented only one policy, Ethical computer use policy would it want to implement.
What is organization?
An organization is a formal gathering of people, such as a business, charity, political party, or club. The majority of these specialty schools are run by nonprofit institutions. ... an International Labor Organization report.
Therefore,
If an organization implemented only one policy, Ethical computer use policy would it want to implement.
To learn more about organization from the given link:
brainly.com/question/1288780
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Answer:
Sumner's has a loss of $-7750 from the sale of the equipment
Explanation:
Solution
Given that:
We compute the amount of profit and loss, few steps will be taken which is given below:
Step 1: we compute the book value of the equipment which is shown below:
Book value = purchase price - depreciation claimed
= $79,100 -$39,550
= $39550
Therefore then book value is $39,550
Step 2: we calculate the amount of Sumner's gain or loss which is shown below:
The gain (loss) is = the value (sale) - book value
= $31,800 - 39550
= -7750
Therefore the loss from the sale of the equipment is -$7750
Which implies that Sumner's has a loss of $-7750
Hello gentleman
<span>c.
Ploy is the answer you are looking for
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</span>
Answer:
Memorial Hospital
From the information on how much the hospital is losing on deliveries, the change in profit for each extra delivery is:
= 16.3%.
Explanation:
a) Data and Calculations:
Average cost of deliveries = $5,000
Average revenue per delivery = $4,300 ($5,000 - $700)
Loss on each delivery = $700
The change in profit for each extra delivery is
= 16.3% ($700/$4,300 * 100)
b) The implication of the above information is that the hospital is losing 16.3% each time it performs a delivery because it cost it $5,000 while it can only receive $4,300 from each patient delivered.
