Answer:
75%
Explanation:
The computation of the percentage increase in income before income taxes is shown below:
Particulars Current $ Increase at 15% Revised $
Sales revenue 1350000 202500 1552500
Less: Variable cost
Variable manufacturing 585000 87750 672750
Variable selling 40500 6075 46575
variable Admin 184500 27675 212175
Total variable cost 810000 121500 931500
Contribution 540000 81000 621000
Less: Fixed cost
Manufacturing 270000 0 270000
Selling 54000 0 54000
Admin 108000 0 108000
Net income 108000 81000 189000
Now percentage increase in income is
= (81000 ÷ 108000)
= 75%
The outcome i would expect from this would be player 1 copying player 2 and following player 2 to see what happens after then maybe change his strategy.
Because price and total revenue always move simultaneously, the total revenue test for elasticity does not apply to supply.
<h3>A total revenue test: what is it?</h3>
A total revenue test calculates the change in total revenue due to a change in a product or service's price in order to estimate the price elasticity of demand.
<h3>What connection does elasticity have with total revenue?</h3>
When demand is elastic (price elasticity > 1), there is a negative relationship between price and total revenue, which means that price increases will result in drops in total revenue. When demand is unit elastic (price elasticity = 1), price changes have no impact on overall revenue.
learn more about total revenue test here <u>brainly.com/question/15842334</u>
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Answer:
Every Business Unit in Costco needs to have access to the Data
Explanation:
Costco Wholesale Company runs a network of customers-only retail stores, doing business as Costco, an American multinational company.
The details must be available to each business unit in Costco.
For example, The accounting department needs to know the buy-and-sell information. To order to make good use of this commodity in its marketing strategy, the marketing professionals need to learn the quality of a particular product.
To insure the inventory management is completed, an operations manager must have access to the data.
Answer:
C, negotiation
Explanation:
Negotiation according to oxford dictionary is a discussion aimed at reaching an agreement. It means that before an agreement is reached, a lot of talking has to happen in order to arrive at the best situation for all parties.
In business, negotiation is involves parties making offers, conter offers over amd over till a conclusion is reached that works fine for all parties and necessary documents are exchanged.
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