Answer:
The new Quantity to be sold at $1 is 200 in the short run
Explanation:
The question is to determine the Popsicle sold each day in the short run for a price rise of $1
The formula to use for the Price elasticity of supply in short run
(New Quantity demanded - Old Quantity demanded )/ Old Quantity + New Quantity/ 2
÷
(New Price - Old Price) / (Old Price + New Price)/ 2
The formula can also be simply written as
[(Q2 – Q1)/{(Q1 + Q2)/2}] / [(P2 – P1)/{(P1 + P2)/2}]
Step 2: Solve using the formula
Old Quantity = 100
New Quantity = Q2
Old Price = 0.50
New Price = $1
Solve:
[(Q2 – 100)/{(100+ Q2)/2}] / [(1 – 0.50)/{(0.50 + 1)/2}] = 1
=100 + Q2= 3Q2-300
= 2Q2= 400
Q2= 400/2
Q2= 200
The new Quantity to be sold at $1 is 200
<span>
Centralized Organization vs. Decentralized Organization. The centralized organization can be characterized as a progression basic leadership structure where all choices and procedures are taken care of entirely at the best or the official level.
The way toward exchanging and allotting basic leadership specialist to bring down levels of a hierarchical chain of importance. In a decentralized association, the basic leadership has been moved to bring down levels or levels of the association, for example, divisions, branches, offices or auxiliaries.</span>
Answer:
ROE would have changed by 8.52%
Explanation:
First we calculate the current ROE using Dupont Equation which gives ROE as,
ROE = Net Income/Sales * Sales/Total Assets * Total Assets/Equity
or
ROE = Net Profit Margin * Total Assets Turnover * Equity Multiplier
- Current ROE = 10600/295000 * 1.4 * 1.75 = 0.0880 or 8.8%
The condition says that the net income could have increased to 20850 but other factors will remain constant. Thus, to calculate new ROE, we will calculate the new Net Profit margin but the total assets turnover and the equity multiplier will remain constant as sales assets and capital structure is not changing.
- New ROE = 20850/295000 * 1.4 * 1.75 = 0.17316 or 17.32%
- The ROE would have changed by 17.32 - 8.80 = 8.52%
The answer is: Conscientiousness
People with high level of Conscientiousness Tend to have an inept personal desire to continue do they best thing they can in every task that they're assigned to.
This type of people tend to really discipline in managing their time and generally had higher chance in reaching high ranking position compared to average people.
Answer:
The correct option is is A, predatory pricing
Explanation:
Predatory pricing is an illegal approach to pricing where a firm fixes a very low price in order to send competitors out of business.
This is very applicable to a firm that has economies of scale where its cost per unit reduces as more and more units are produced, making it possible to undercut competitors without feeling much impact in profitability.
This approach is against the anti-trust law as it paves for a monopoly market,where only one firm operating in the market determines the price which is not likely to be favorable to consumers