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FinnZ [79.3K]
3 years ago
13

When demand is unit elastic, price elasticity of demand equals a. 1, and total revenue and price move in the same direction. b.

1, and total revenue and price move in opposite directions. c. 1, and total revenue does not change when price changes. d. 0, and total revenue does not change when price changes.
Business
1 answer:
yawa3891 [41]3 years ago
4 0

Answer:

a. 1, and total revenue and price move in the same direction

Explanation:

Unit elasticity of demand is when a change in price leads to a proportional change in quantity demanded.

A good has a unit elastic demand when its coefficient of elasticity is equal to one.

If price increases by 20% , quantity demanded falls by 20%.

If price falls by 20%, quantity demanded increases by 20%.

I hope my answer helps you.

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Required return= 0.108  ⇒ 10.8%

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c. The capital gains yield refers to the rise in the price of the stock. In this case, the statement indicates that the dividends are anticipated to maintain a growth rate of 4.5 percent forever and according to the definition of capital gains yield that would be the answer for the expected capital gains yield.

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Understanding that business organizations can be extremely diverse, identify and explain management strategies to promote motiva
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Some management strategies to promote motivation and communication are encouraging group work and having effective communication channels.

<h3>Why are motivation and communication important?</h3>

These two elements make sure employees give the best of themselves and can report/solve problems efficiently.

<h3>How to promote these elements?</h3>

Some strategies that can be used are:

  • Group work: If employees work together in projects they are more likely to communicate; also, this increases motivation as work is shared.
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When a company brands it's goods, they are trying to create Brand Awareness and this usually happens when a company plans to stay in a business for a while and indeed with the way the Firm is spending a lot of money on Advertising, one can surmise that they do indeed plan to stay in the business because they have spent a lot.

It would therefore make little to no sense on their part to spend such huge amounts of money to build their brand if their products will be of low quality. The mushrooms have to be of high quality so that people may associate their brand with High Quality.

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8 0
3 years ago
Read 2 more answers
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