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Lena [83]
4 years ago
10

If a 20 percent increase in the price of Red Bull energy drinks results in a decrease in quantity demanded of 25 percent, we say

the demand for Red Bull is __________ in this range.
Business
1 answer:
Ierofanga [76]4 years ago
3 0

Answer:

Elastic

Explanation:

Elasticity of demand = percentage change in quantity demanded / percentage change in price

25% / 20% = 1.25

If the elasticity of demand is greater than one ,it means demand is elastic.

Elastic demand is when a change in price leads to a greater change in quantity demanded.

I hope my answer helps you

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M Company manufactures tables. At the beginning of December, the beginning work in process inventory was 300 units, which were 4
katrin2010 [14]

Answer: Equivalent units for conversion = 4870 units

Explanation:

Given that,

Beginning work in process inventory = 300 units

Beginning work in process inventory for conversion = 40% of 300 units

                                                                                       = 120 units

5,000 units were started in December.

Ending work in process = 500 units

Ending work in process inventory for conversion = 50% of 500 units

                                                                                  = 250 units

Units started and completed = 5000 - 500

                                                = 4500 units

Equivalent units for conversion = 4870 units

6 0
3 years ago
Define what is destination
Westkost [7]
The place to which someone or something is going or being sent.
7 0
4 years ago
Read 2 more answers
Please give an example of a government-created monopoly. is creating this monopoly necessarily bad public policy? please explain
lesantik [10]
Yes its against the law and can make your clients upset witch you.
And a government created monopoly would be the banks bailouts 
5 0
3 years ago
Which of the following statements does correctly explain the effect of additional debt on the weighted average cost of capital (
Aleksandr-060686 [28]

Answer: The net effect of additional debt on WACC is uncertain.

Explanation:

Weighted Average Cost of Capital (WACC) refers to the rate of return that a company is paying it's capital providers on average be it debt holders or shareholders.

Adding additional debt to the mix effects the WACC in an uncertain way due to the different ways the WACC could react. For example, adding additional debt decreases the after-tax cost of debt because debt is tax deductible which means that more money can flow to shareholders so that reduces the cost of equity. At the same time however, Additional debt can increase the risk of bankruptcy meaning that the before tax cost of debt rises which also increase the WACC.

The effect can swing either way thereby making it uncertain.

5 0
3 years ago
Simple and avoidable errors are made in hospitals each day, causing patients to die. Inspired by two tragic medical mistakes-his
gavmur [86]

The functions of organizational culture include facilitating collective environment and giving members a sense of identity.

<h3>What is organizational culture?</h3>

It should be noted that organizational culture simply means the collection of values and expectations that guides the actions of employees.

The functions of organizational culture include:

Facilitating collective environment.

Giving members a sense of identity.

Promotion of relationship.

According to Feigenbaum approach, the steps to improve quality include quality technology, quality leadership, and organizational commitment.

It is stated that quality is free because the road to perfect goods and services is simply through prevention.

Business process re-engineering is relevant to the above hospital to achieve improvement in productivity.

Dr Provonost carried out a benchmark of the hospital by comparing the processes and the sharing of the best practices in clinical care.

The barriers that Dr. Provonost may face in implementing total quality include job apathy, poor existing quality measures, lack of accountability, and lack of good communication with employees.

The characteristics of quality customer service in the above hospital include:

A positive attitude.

Patience.

Empathy.

Delivering respect to patients.

Learn more about organizational culture on:

brainly.com/question/16049983

#SPJ1

7 0
2 years ago
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