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
mixer [17]
3 years ago
8

If you cut your prices by 10 percent and total revenues rise, the price elasticity of demand is

Business
1 answer:
Zarrin [17]3 years ago
6 0

Answer

B. Inelastic

This is because any changes doesn't affect it.

You might be interested in
Following the 2007-2009 financial crisis, many people feared that Greece might leave the euro and resume using the drachma. If t
Nina [5.8K]

Answer:

A medium of exchange

Explanation:

A medium of exchange is a system where it is used to facilitate the sale, purchase, trading of the products & services between the parties

Since in the given situation,  it is mentioned that the seller would not willing to accept the drachma in exchange of goods & services so here the drachma would not be served as a medium of exchange

hence, the same would be relevant

7 0
3 years ago
Nor Corporation borrowed money using a discounted note at 94 with a stated 6% interest rate and a face amount of $400,000. What
kolezko [41]

Answer:

the effective rate of interest on the debt is 6.38%

Explanation:

The computation of the effective rate of interest on the debt is shown below:

Effective rate of interest is

= ($400,000 × 6%) ÷ ($400,000 × 0.94)

= $24,000 ÷ $37,600

= 6.38%

Hence, the effective rate of interest on the debt is 6.38%

It could be determined by applying the above formula so that the correct rate could come

8 0
3 years ago
A popular and useful tool for strategic planning is SWOT analysis. SWOT stands for
Luda [366]

Answer:

Strengths, Worthiness, Opportunities, Training

7 0
3 years ago
Read 2 more answers
Losing a customer once means losing the entire stream of possible purchases that the customer would make over an extended period
sdas [7]

Answer: (D) Customer lifetime value  

Explanation:

 The customer lifetime value is the term, which refers to the overall profit  of an organization and this type of method also helps in estimating the customer monetary in the business.

The customer lifetime value is basically using the predictive analytical method for analyzing the relationship with the consumers.

The customer lifetime value is refers to the metric of net profit in an organization and it also helps in making various types of decision in an organization in terms of development, marketing and the customer support.

 Therefore, Option (D) is correct answer.

5 0
3 years ago
Delwazic Inc. is a multinational corporation (MNC) that creates products specialized for a few host countries. It manufactures b
GREYUIT [131]

Answer:

Delwazic Inc. is a multinational corporation (MNC) that creates products specialized for a few host countries. It manufactures berets in France, cowboy hats in the United States, bowlers in the United Kingdom, and bush hats in Australia. In this scenario, Delwazic Inc. is most likely a monopolist

Explanation:

A monopolist is solely responsible for sales of products to many buyers, such market is termed a monopoly market

4 0
3 years ago
Other questions:
  • Globalization is the process of the world becoming more connected. Like any process that involves economic choices, it has posit
    12·2 answers
  • Product leadership refers to companies that ______.
    8·2 answers
  • On December 1, year 1, Lester Company issued at 103, four hundred of its 9%, $1,000 bonds. Attached to each bond was one detacha
    11·1 answer
  • Is a Polo shirt proper for a business job?
    6·1 answer
  • An extended warranty contract (Select all that apply.) provides protection beyond the manufacturer's original warranty. is consi
    8·1 answer
  • The advanced machinery used for limestone quarrying in a particular region leads to noise pollution and affects the hearing abil
    9·1 answer
  • Competition affects prices, but does not have any other effects.<br> True<br> False
    15·2 answers
  • Which is an advantage to having an account at a consumer bank instead of a credit union
    14·2 answers
  • Everfi answers module 7 answers if you cause a car accident, which type of insurance will require you to pay the least out of po
    7·2 answers
  • ____________ transforms resource inputs from the environment into product outputs.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!