Answer:
The markup calculated as a result of information about the elasticity of demand
Explanation:
As a monopoly seller of pharmaceutical products the price set as markup would be above our marginal cost.
There are three facts about markup:
1. The Markup is not to be a price below marginal cost of the pharmaceutical product.
2. Markup is smaller when demand is more elastic. Remember if the price elasticity of demand is lower than 1, (negative) a rise in price causes an
increase in revenue for the seller.
Therefore having a -4 elasticity of demand could imply more profits for the firm.
Answer:
The answer is "
".
Explanation:
Please find the complete question in the attached file.
We take her automobile value
to reach this result and reduce it
. That's a
equity, that's why Theresa has a capital of
.
Answer:
Increase
The accounts receivable asset shows how much money customers who bought products on credit still owe the business; this asset is a promise of cash that the business will receive. Cash doesn’t increase until the business collects money from its customers.
If closing the sale is an extremely stressful point for him. If he does not close the sale, the outcome will be he will generate no income.
<h3>What is income?</h3>
Income can be defined as a the cash receive from the sales of goods and services.
Based on the given scenario in a situation were Mike did not close the sale for the day this will tend to mean that he will generate no revenue or income reason being that closing the sale will enables him to generate income.
Therefore the outcome will be he will generate no income.
Learn more about income here:brainly.com/question/25745683