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nata0808 [166]
3 years ago
13

How to estimate elasticity?

Business
1 answer:
andrezito [222]3 years ago
7 0
The formula for calculating elasticity is: Price Elasticity of Demand=percent change in quantitypercent change in price Price Elasticity of Demand = percent change in quantity percent change in price .
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In March 2017, Amazon and Clorox reported nearly identical earnings per share, but the stock price of Amazon was more than six t
adoni [48]

Answer:

c. investors see better long-term prospects for Amazon

Explanation:

As we know that Amazon has the more customer base in the market due to which the shareholder predicted the expected profit in upcoming years. The company could run in long run. Even the ompany suffered huge losses due to discount provided but the investors are ready to invest in this company as they seen there is a better and long term prospects

Therefore according to the given situation, the option c is correct

3 0
3 years ago
Expanding operations in countries where verbal expressions and gestures do not have the same meaning illustrate one of the main
motikmotik

Answer: globalization

Explanation:

Globalization is simply the process by which organizations or businesses start

their operations on international scale or start having international influence.

Despite the advantages of globalization such as allowing several goods and services to be affordable in different countries, improvement in productivity, employment opportunities etc, one challenge is that expanding operations in countries where verbal expressions and gestures do not have the same meaning could pose a difficulty.

7 0
3 years ago
___ is any direct to a consumer or business recipient that is designed to generate a response in the form of an order, a request
Nady [450]

Answer: D.) Direct marketing (happy to help)

Explanation:

3 0
3 years ago
Read 2 more answers
Tirri Corporation has provided the following information: Cost per UnitCost per Period Direct materials$7.35 Direct labor$3.55 V
dimaraw [331]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Direct materials= $7.35

Direct labor= $3.55

Variable manufacturing overhead= $1.40

Sales commissions= $1.15

Variable administrative expense= $0.70

The selling price is $27.80

The contribution margin is the result of deducting from the selling price all the variable cost components.

Contribution margin= selling price - (direct material + direct labor + variable overhead + sales comission + variable administrative expense)

Contribution margin= 27.8 - 14.15= $13.65

6 0
3 years ago
The following data pertain to Frontier Enterprises:
MariettaO [177]

Answer:

D. $231.

Explanation:

With regards to the above, first we need to compute the total manufacturing cost.

Total manufacturing cost = Variable manufacturing cost + Applied fixed manufacturing cost

= $70 + $40

= $110

Then,

= $110 + ($110 × 1.1)

= $110 + $121

= $231

Therefore , the company will charge $231 if cost- plus pricing based is used.

3 0
3 years ago
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