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zaharov [31]
2 years ago
13

Suppose that Juan Carlos is filling out a survey that he received in the mail. The survey would do if the price of his favorite

toothpaste increased. Juan Carlos reports that nee thpaste increased. Juan Carlos reports that he would switch to a different brand. The survey asks what he would do if the price of all toothpastes increased o if the price of all toothpastes increased. Juan Carlos reports that he must use toothpaste, so he would have to adiust his spending elsewhere. These examps illustrate the importance of:_________
a. the definition of a market in determining the price elasticity of demand.
b. a necessity versus a luxury in determining the price elasticity of demand.
c. changes in total revenue in determining the price elasticity of demand.
d. the time horizon in determining the price elasticity of demand.
Business
1 answer:
GaryK [48]2 years ago
4 0

Answer:

A. The definition of a market in determining the price elasticity of demand.

Explanation:

Price elasticity of demand is the height of responsiveness of demand or purchase to changes in price. It shows how consumers or buyers would react to the demand for a product when the price of their favourite brand increases.

Reaction of consumers in the market place is one of the determinants of price elasticity of demand. It tells how buyers will switch to different brand of products if the price of their favourite brand increases. It also shows how consumers will adjust their spending abilities if the price of all the brands are increased at the same time.

Alternatively, consumers would demand for the brand that falls within the limit of their spending.

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The process of putting strategy into action is known as:_________a. Environmental analysis.b. Strategy formulation.c. Strategic
Alik [6]

Answer:

d. Strategy implementation.

Explanation:

Strategic implementation is the process of putting the strategy into action.

After strategic planning, which is the definition of the action plans necessary for a company to achieve the defined objectives and goals, it is the phase of strategic implementation, which is the process of executing the plans defined in the planning stage.

Therefore, when implementing the strategy in an organization, it is necessary that the action plans are constantly monitored, so that the managers can have knowledge of the performance of the designed strategy, to prevent failures, correct some essential factor for the effectiveness of the action plans, monitor the internal and external environment, monitor the performance of employees, etc., in order to seek continuous improvement of the company's strategic action processes to achieve the expected objectives.

6 0
3 years ago
What is a beneficiary? Question 50 options: The person who files insurance claims on your behalf The person who determines wheth
Zina [86]
A beneficiary in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example, the beneficiary of a life insurance policy is the person who receives the payment of the amount of insurance after the death of the insured.
6 0
2 years ago
In what year was the EEOC established<br> O<br> A. 1970<br> B. 1930<br> C. 2007<br> D. 1965
Maslowich

Answer:

D. 1965

Explanation:

The Civil Rights Act of 1964 is a civil rights and labor law in the United States of America that prohibits discrimination in employment, segregation in schools, and enforces the constitutional voting rights of the citizens.

The Civil Rights Act of 1964 was enacted by the 88th US Congress and signed into law on the 2nd of July, 1964 by President Lyndon B. Johnson.

The Equal Employment Opportunity Commission (EEOC) is a federal agency that was established by US Congress on the 2nd of July, 1965 based on the Civil Rights Act of 1964 so as to uphold and enforce all civil rights law against workplace discrimination by the employers or employees in the United States of America.

Equal Employment Opportunity Commission (EEOC) guidelines asserts that employers of labor wouldn't be held liable for national origin discrimination after implementing an "English-only" rule, if the employer can show that it is necessary for the following;

I. To communicate with customers who can speak English only.

II. To efficiently promote cooperative work assignments among teams (employees).

III. To enhance or facilitate safety during an emergency.

3 0
2 years ago
Splish Brothers Inc. reported a net income of $3.3 million in 2017. Depreciation for the year was $161,700, accounts receivable
tino4ka555 [31]

Answer:

net flow from operating activity is  = $3503000

Explanation:

given data

net income = $3.3 million

Depreciation = $161,700

accounts receivable = $322,100

accounts payable = $280,800

to find our

net cash provided by operating activities using the indirect approach

solution

cash flow statement as per indirect method is as

particular                                                                                          amount

net income                                                                                       $3300000

adjustment to reconcile net income to

net cash provide operation activity                                               $203000

net flow from operating activity                                                  $3503000

adjustment to reconcile net income  = depreciate expense + accounts receivable - account payable

= $161700 + $32100 - $280800

= $203000

and

net flow from operating activity is = net income + adjustment to reconcile net income to net cash provide operation activity  

net flow from operating activity is  = $3300000 + $203000

net flow from operating activity is  = $3503000

5 0
3 years ago
Regal Health Plans issued a ten-year, 12 percent annual coupon bond a few years ago. The bond now sells for $1,100. The bond has
Mars2501 [29]

Answer:

The solution to the given problem is done in excel and an image of the solution is attached.

What is the bond's yield to maturity?

10.35%

What is the bond's yield to call?

10.13%

8 0
2 years ago
Read 2 more answers
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