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marissa [1.9K]
3 years ago
12

Andy, a car

Business
1 answer:
Archy [21]3 years ago
5 0
I don’t really know I just need points
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A downhill ski area is experiencing a decline in the number of lift tickets sold, falling revenues, and inadequate profits. The
sukhopar [10]

Answer:

D. a 10 percent decrease in the average price of a lift ticket.

Explanation:

When Price elasticity is greater than 1, that suggests that the demand for that particular good or service is highly responsive to price or is price-sensitive . Furthermore, If price elasticity is greater than 1 then an increase in price will cause revenue to decrease.

Applying the above-stated principle to the given scenario, it has been stated that 'The estimated price elasticity of demand is 1.5.' implying that the demand for downhill ski is highly sensitive and responsive to changes in price.

Therefore, the only logical economic strategy to improve revenues will be to decrease price so that revenue can increase.

5 0
3 years ago
Project evaluation from the ________ viewpoint serves some useful purposes and/but should ________ the ________ viewpoint.
Afina-wow [57]

Project evaluation from the <u>local</u> viewpoint serves some useful purposes and/but should <u>be </u><u>subordinated</u><u> to</u> the <u>parent's</u> viewpoint.

Project evaluation is the process of measuring the success of a project, program or a portfolio. The project evaluation process has been around as long as projects themselves.

In a project, every aspect of the project such as risks, costs, scope, or return on investment (ROI) is measured in order to determine if it’s proceeding as planned. Thus, it should be subordinated to the parent's viewpoint.

Hence, it requires the evaluator to gather important information to analyze the process and outcome of a certain project.

To learn more about Project evaluation here:

brainly.com/question/23897971

#SPJ4

7 0
2 years ago
The 2016 annual report for Mega Mills disclosed that 1 billion shares of common stock have been authorized. At the end of 2015,
Ainat [17]

Answer:a. Total common stock issued is 750 millions

b. In treasury is 109 million

c. Outstanding 750 million.

Explanation:

Issued shares referred to the total amount of authorised shares that has been issued to the public for subscription.

Treasury stock refers to parts of the issued stock that are held up for the ownership of the issuing company.

Outstanding stock refers to the total number of stock issued and fully paid for from the issued stock.

4 0
3 years ago
Olivia was returning from her break when her boss saw her and stated, "I noticed your break was especially long this afternoon."
mamaluj [8]

The given change in Olivia’s work presentation happened because of Filtering

<u>Explanation: </u>

A communication barrier is something that stops us from accessing and interpreting communications that other people use to communicate their knowledge, thoughts, and ideas.

Filtering is a transmitter that handles information in this way the recipient would be included more favorably. The number of rates in an organization's framework is the main factor in determining of the filtering. Filtering also happens when the recipient of the message enables multiple persons to pass the information before reaching their final destination.

A Few examples of filtering have included a manager who leaves her boss, the vice-president, in the midst of the bad news, with the poor sales statistics from her division.

6 0
3 years ago
Mission Foods produces two flavors of tacos, chicken and fish, with the following characteristics:
Alex17521 [72]

Answer:

$1,059,050

Explanation:

The computation of the anticipated level of profits for the expected sales volumes is shown below:

Expected sales             209,000                      305,000

Particulars                     Chicken                          Fish

Sales                              $815,100                       $1,525,000

Less:

Variable cost                -$407,550                     -$762,500

Contribution margin      $407,550                      $762,500

Now the profit would be

= Total contribution margin - total fixed cost

= $407,550 + $762,500 - $111,000

= $1,059,050

The sales are variable cost are come by multiplying the units with its price per taco.

4 0
3 years ago
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