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Temka [501]
4 years ago
10

We would expect: a. the demand for Coca-Cola to be less price elastic than the demand for soft drinks in general. b. the demand

for Coca-Cola to be more price elastic than the demand for soft drinks in general. c. no relationship between the price elasticity of demand for Coca-Cola and the price elasticity of demand for soft drinks in general. d. none of these to hold true.
Business
1 answer:
givi [52]4 years ago
7 0

Answer: Option B

             

Explanation: In simple words, price elasticity refers to the degree of change that a commodity experiences due to change in its price.

   In case of coca- cola, the price elasticity will be high as it has a close substitute available in the market named Pepsi. Therefore, if coca-coal increases its prices,its consumers would shift their demand to Pepsi.

  Thus,from the above we can conclude that the correct option is B.

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Cox Co. accounts for its inventory using the LIFO cost method. An inventory loss from a permanent market decline of $360,000 occ
kirill115 [55]

Answer:

$360,000

Explanation:

Last in first out (LIFO) is a method used in inventory where the cost of most recently purchased goods is the one to be expensed first. Also current losses are the first to be reported.

An inventory loss incurred in a quarter must not be deferred, but recorded as items within an interim must be reported in the same period they were incurred, unless it can be redeemed before the end of the fiscal year. It is not considered a temporary item.

The loss reported in May will be reported for that quarter in June.

8 0
3 years ago
Where did martha stewart work before she came an entrepreneur?
Zina [86]
Martha Stewart is a Lifestyle guru and businesswoman. She was born Martha Kostyra, on August 3, 1941, in New Jersey. 
Martha Stewart started her work as a model at the age of 13, she used to appear in fashion shows as well as television and print advertisements. She also<span> started a catering business in the late 1970s. Soon she was known for her gourmet menus and unique, creative presentation.</span>
3 0
4 years ago
Jasmine is the director of marketing for a chain of clothing stores. She's been given a set budget and needs to drive as many po
klio [65]

Answer:

Strategy she should use is "Maximize Clicks"

Explanation:

Jasmine should use Maximize clicks automated bidding strategy as to drive her clients to her website so that maximum people can visit her website in a set budget and choose her clothing products.

3 0
4 years ago
Describe at lease four ways you can take money out of a checking account
zaharov [31]

Answer:

Write a check, withdraw by automatic electronic transfer, ATM card, debit card, and or talk to the bank directly about withdrawing money.

Explanation:

Write out a check: make sure you add the name as well as the amount

withdraw by automatic electronic transfer: look into getting an app

Atm: Go to your local ATM

Debit Card/Credit Card: spend what you need to via those

directly: prove your identiy via account number and withdraw

8 0
3 years ago
The print, television, and new media divisions are three of the many subunits at Soo Kin Corp. Each division has a separate team
Gelneren [198K]

Answer:

Low integration

Explanation:

There are 4 types of integration in business. Horizontal integration, vertical integration, conglomerate integration and forward integration.

The above scenario is an example of low integration which can be subbed under horizontal integration. Since it is focusing on different print medias and possess different teams to cater to different markets, basically customizing operation for better and increases efficiency of the company's output.

7 0
3 years ago
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