Answer:
0.5
Explanation:
A screenshot is attached to get the full solution
Since the coefficient is < 1, it is inelastic
Answer:
The sales revenue would be 170,000 if Hammer Time implements the decrease in selling price.
This would generate a decrease of $10,000 in the sales revenue
Explanation:
Understanding the way sales revenue is generated:
If the selling price drops to $10
and units sold increase by 5,000
Comparing with the previous year:
This policy decrease the sales revenue which makes the business less profitable.
Answer:
IT personnel
Explanation:
Analytics softwares are ussally used for processing, analyzing and modelling big data (e.g. imagine a data table with billion rows and columns) to create insightful reports and dashboards for decision making purposes. So, IT professionals would mostly likely utilize this type of software to complete their data-related tasks.
The answer is Sales Promotion. This is the element of the promotion mix that power pro used in this scenario. It uses <span>both media and non-media marketing communications for a pre-determined, limited time, so as to increase consumer demand, stimulate market demand or improve product availability. </span>
<span>The commercial fishing equipments like the Waterman industries deep-water reel, produced in the US is not bought by a typical consumer from the US.
The GDP deflator is an indicator of all the prices of the products that have been produced domestically.
Since the commercial fishing equipment is not purchased usually by a US consumer, there will not be any GDP deflator price change which might affect the CPI (consumer price index).
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