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geniusboy [140]
3 years ago
8

1. When the price of good A increased from $90 to $110, the quantity demanded of

Business
1 answer:
Mama L [17]3 years ago
6 0

Answer:

A = 1.88

B = Elastic demand

C = Fall in turnover by $4,000

Explanation:

Elasticity demand is calculated with formula % change in demand / % change in price.

It is elastic if the result is greater than 1 , and inelastic if less than on.

The turnover dropped from $31,500 to $27, 500

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__________ includes marketing research and the development of databases with information about products, customers, and competit
telo118 [61]

Answer:

marketing information system​ (MIS)

Explanation:

There are three primary types of marketing information marketers use to gain insights that will contribute to wise marketing choices: internal data, competitive intelligence, and marketing research.

6 0
2 years ago
A group of farmers agreed that if any farmer suffered a property loss, the loss would be spread over the entire group. In this w
mixas84 [53]

Answer:

pooling losses

Explanation:

This agreement embodies the concept of pooling losses. In this concept, each individual loss is spread over to the entire group. In order for this arrangement to be effective, a large number of farmers are required, so whenever a farmer suffers a loss, it will be mitigated due to the pooling over the large group.

8 0
3 years ago
Why do we have to have an internet connection to use this app
Sergeeva-Olga [200]
Basically Brainly is an academic version of Facebook. It allows for the real-time communication of people who either need help or are helping.
8 0
3 years ago
Old Tired Professor Mullen, Inc. has $20,000 of ending (EI) finished goods inventory. If beginning (BI) finished goods inventory
Zolol [24]

Difference between beginning and ending CoG: 20,000-10,000 = 10,000

Difference + sold:

10,000 + 40,000 = 50,000

Answer: $50,000

3 0
3 years ago
Gore Global is considering the two mutually exclusive projects below. The cash flows from the projects are summarized below.
coldgirl [10]

Answer:

D

Explanation:

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

Flying Car

Cash flow in year 0 = -$200,000

Cash flow in year 1 = 50,000

Cash flow in year 2 = 50,000

Cash flow in year 3 =80,000

Cash flow in year 4 =100,000

IRR = 13%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

7 0
3 years ago
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