1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
levacccp [35]
3 years ago
5

The owner of a newspaper-stand wants to raise prices to increase revenue. There are a number of other newspaper-stands nearby. W

hich of the following is likely to happen? Select the correct answer below: The owner's revenue will fall because newspaper demand is price elastic. The owner's revenue will fall because newspapers demand is price inelastic. The owner's revenue will rise because newspaper demand is price inelastic. The owner's revenue will rise because newspaper demand is price elastic.
Business
1 answer:
BaLLatris [955]3 years ago
8 0

Answer:

The answer is: The owner's revenue will rise because newspaper demand is price inelastic.

Explanation:

Although the question doesn't specify the price elasticity of newspapers, different papers and essays around the world concluded that it is very inelastic. So an increase in the price of newspapers will decrease the quantity demanded of news papers in a very small proportion. So it is safe to say that if the owner of the newspaper stand raises the price of newspapers, his total revenue will increase since its demand is price inelastic.

You might be interested in
How to get free products
mote1985 [20]
If there is something wrong with the product, or if there is something in it i.e bugs
3 0
3 years ago
Read 2 more answers
Foyert Corp. requires a minimum $6,900 cash balance. If necessary, loans are taken to meet this requirement at a cost of 2% inte
tekilochka [14]

Answer:

answer is attached

Explanation:

     

Download xlsx
7 0
3 years ago
Dear Mr. Sanchez: Your efforts to promote ethical business practices in our city have drawn national recognition. You are an exc
Xelga [282]

Answer:

1) - a - Last year, after learning about the importance of ethical leadership, students who attended our conference returned to their home schools and implemented a total of nine ethics and leadership initiatives. One of these initiatives included a project in which students researched ethical leaders in the local community. Naturally, the students encountered much of your work and have humbly requested your presence at the Ethics and Leadership for Youth conference this year. As a speaker at the ELY conference, you would have the opportunity to significantly impact our next generation of leaders.

2). b - It does not state the reasons before the main idea, and it has no reader benefits.

3). - c - Make a reasonable request.

Explanation:

1). The first option most adequately rephrases the third paragraph by reconsidering the main ideas effectively and clarifies the author's purpose effeciently. It presents the main idea of the 'significance of ethical leadership and its success' more clearly through appropriate evidence('nine ethics and leadership initiatives taken by students). It presents the given idea more impactfully by strengthening the language of the paragraph.

2). The key problem that the given message contains is that 'it fails to provide adequate reasons before presenting the main idea to the readers and this is why readers do not gain any message or specific idea.' The lack of logical explanation of the main idea does not allow the readers to understand the purpose for which the given content is produced and just become a passive information they are receiving as they aren't able to relate to it.

3). The main characteristics of a constructive claim or complaint messages include 'offering a reasonable request.' Reason is something that not only justifies the validity of the argument but also positions the author's stand on the topic. An effective claim or complaint displays appropriate reason or logic behind it and establishes its credibility and convinces the reader with sufficient evidence that it is worthy and fair. Thus, <u>option C</u> is the correct answer.

6 0
3 years ago
Candice, owner of Green Solar Panels, has found that some of her department managers were using management by objectives, but th
Ilia_Sergeevich [38]

Answer: B) False

Explanation: Management by objectives (MBO) is a type management which it's main goal is to improve the performance of an organization by means of stating the objectives which of the organisation and is usually agreed on by both the management and the employees. In the case above some objective have being put in place by Candice using MBO method, which she later discovered that some department are not complying with. This would affect the results of the MBO program she introduced, for an MBO to yield improve results it needs full cooperation from employees.

6 0
3 years ago
Sapporo K.K. was sued by a competitor in late 2017, and company management concluded that there was a 55 percent probability tha
Sophie [7]

Answer

The answer and procedures of the exercise are attached in two images.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

8 0
3 years ago
Other questions:
  • A forecast that addresses the business cycle by predicting planning indicators is
    11·1 answer
  • Which of these is an example of a tax on consumption?
    9·2 answers
  • Accountants truly represent the financial managers of a business. <br> a. True <br> b. False
    7·1 answer
  • Define what is a constant dividend payout ratio policy
    5·1 answer
  • Journalize the following transactions for Griffin Company. Assume a perpetual inventory system. Also, assume a constant gross pr
    15·1 answer
  • Factory Overhead Rates, Entries, and Account Balance Sundance Solar Company operates two factories. The company applies factory
    10·1 answer
  • 1.15
    11·1 answer
  • Steve's Outdoor Company purchased a new delivery van on January 1 for $47,000 plus $4,000 in sales tax. The company paid $13,000
    5·1 answer
  • Talia, Shemp and Lola formed a corporation under the name Dependable Health Solutions, Inc., and advertise their services nation
    5·1 answer
  • Geraldine Fadsi's job in the entertainment industry is to bring together entertainers and organizations looking to hire entertai
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!