The answer in the space provided is capacity plan. It is
because it is the one responsible of meeting the demands in terms for the
products or services by having to determine its capacity for these change to be
made.
Explanation:
The four factors that affect price elasticity of demand are
(1) availability of substitutes
(2) if the good is a luxury or a necessity
(3) the proportion of income spent on the good
(4) how much time has elapsed since the time the price changed.
Answer:
Advertisements and promotional schemes have to be introduced to make people aware of their product.
Explanation:for new business to survive in a foreign country is not always easy so, there must creat more awareness for people to know the and the product they are offering and this can be done by advertising and promotions
Answer:
a gain for 2,670
Explanation:
We first calculate the difference betwene the prices
future price - expiration date = result per ton
1,696 - 1,607 = 89
We sale Cocoa in the future for 1,696
the price at expiration was 1,607
We sale at a higher price than market, this is a gain.
We have profits for $89 per ton
Each future contract has 10 tons and we sold 3 contracts
The total tons would be 3 x 10 = 30 tons
Now we multiply the gain per ton by the total tons sold
89 x 30 = 2,670
This will be the gain on future contract.
