Answer: 3.2
Explanation:
The price elasticity of demand shows the change in quantity demanded of a good in response to a change in its price.
Price elasticity of demand = Change in quantity demand / Change in price
0.4 = Change in quantity demanded / 8
Change in quantity demanded = 0.4 * 8
= 3.2
The following methods can be used to successfully win back customers after they have discontinued service.
<h3>Successfully Re-engage Customers:</h3>
- Consider the primary cause of the customer's initial reluctance. Take some time to consider what drove your brand to this point before developing unique methods for your re-engagement plan.
- Surveying your consumers is one of the finest ways to find the answers to your inquiries. Based on how long a consumer has been away from your store, create a survey and email it to them.
- Targeted email campaigns are a wonderful strategy to re-engage clients in addition to providing a generic email newsletter based on their prior actions and behaviours.
- Digital re-targeting is the practice of setting cookies on visitors to your website or social media profiles, or tagging them, and classifying them into groups depending on the pages they visit and how they interact with your website.
Existing clients that have already chosen to use your brand for commercial purposes are quite valuable. Don't let them disappear into oblivion.
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Answer:
$3,176 , it's two months of interests $1,588 + $1,588
Explanation:
If the company paid each month 1/12 of capital plus interest it means that it's necessary to deduct the total amount of interests paid each month.
The company paid $25,588 and the monthly capital it's $24,000, therefore the company paid on interest an amount of $1,588 each month.
The issue of a one year installment note means that the company repay the principal to the lender in a series of periodic payments, in this case each month pay principal plus interests
In the income statement we have to applied the accrual criteria which means that the company only recognize the interest paid in the past months, November and December.
Answer:
$1.05
Explanation:
Mean is 40 quartz per day
standard deviation is 6 quartz per day
Optimal orders = mean demand + Standard deviation
Optimal order = 40 + 6
= 46 quartz per day
$0.35 * 2.84 * 49 / 46
= $1.05
Answer:
$54,000
Explanation:
Eliza's share of net income = $40,000 ÷ 2
= $20,000
Eliza made withdrawals = $21,000
Eliza capital = $55,000
Eliza’s capital account balance at the end of the year:
= Eliza capital - Eliza withdrawals + Net income share of Eliza
= $55,000 - $21,000 + $20,000
= $54,000
Therefore, the Eliza’s capital account balance at the end of the year is $54,000.
