Answer:
24,000
Explanation:
Chelsea company had sales of $400,000
Variable cost is $10 per unit
Fixed costs is $100,000
Tarhet profit is $60,000
Thetefore The units sold can be calculated as follows
400,000-10Q-$100,000= $60,000
$400,000-$100,000-10Q= $60,000
$300,000-Q= $60,000
$300,000-$60,000= 10Q
$240,000= 10Q
Q= 240,000/10
Q= 24,000
<span>Representative money is portable, durable, divisible, and acceptable.</span>
Answer:
Explanation:
ed= 2 , Price increase by 5%.
Elasticity of Demand = % Change in Quantity demanded/ % change in price
% change in quantity demanded = 2*5%=10%
Since, the elasticity > 1 and price has decreased, the total revenue will decrease. The impact of price change on Total revenue is based on the relationship between elasticity of demand and Total revenue.
Thus, there will be 10% fall
Answer:
A. The lowest price is a relevant statistic for someone planning to buy one of the TVs.
Explanation:
The measures of central tendency refers to the measurement of data by considering the mean, median and mode so that it could estimate the sample data based on this measures
In order to decide to buy one of these TV the statistic that is should be considered and ignore the central tendancy measures is the price that is lesser to buy one of the TVs.
hence, the correct option is A.
Correct answer is d based on facts from the story