I’m not sure how to do these tbh

Your broker charges a commission of 5.1% of the cost of the stock you so if you sell a batch of stock worth 2,617,75 how much co

dmitriy555 [2]

Answer:

a. $133.51

Explanation:

Selling the stock for a relative amount of money would result in a total price of

$133.51.

I also took the test on e2020

5 0

3 years ago

If the absolute value of the price elasticity of demand is greater than 1:

FrozenT [24]

Answer:

b. small percentage changes in the price will lead to much larger percentage changes in the quantity demanded.

Explanation:

Price elasticity of demand is a measure of how responsive is quantity demanded to change in price. Its formula is given by:

$E_{D}$ = $\frac{dQ}{Q}{\frac{P}{dP} =$

= % Change in Quantity Demanded / % Change in Price

So when absolute value $E_{D}$ is greater than 1, a x percentage change in price will lead to larger than x percentage change in quantity demanded.

Note: Whether the percentage change in quantity demanded will be just a little or very much larger than percentage change in price will depend on how much $E_{D}$ is larger than 1. But b is the still the best answer among the options.

7 0

3 years ago

_____ refer to special temporary project structures established by a company that are isolated from the rest of the organization

Irina18 [472]

Answer:

Skunkworks

Explanation:

The term skunkworks is mostly used in business and also the technical fields to describe a group that is within an organization that has high autonomy and have tasks that requires them to work on advanced or secret projects. They are allowed to operate outside the usual processes such that they have the freedom to come up with new ideas.

3 0

3 years ago

Companies that have become successful with a limited standard product offering often fall into the trap of subsequently broadeni

DiKsa [7]

Answer:

True

Explanation:

When a company successfully offers a product or few products to customers, it tends to expand the range of products it has to offer.

For a company to increase its range of products successfully, it has to realize that it must make corresponding changes to its processes to accommodate the addition of new products.

However oftentimes, companies do not make the necessary changes to their process strategy when expanding their product offerings.

8 0

3 years ago

Raul recently started a real estate company with a unique way of presenting a menu of services, each with a fixed price, rathe

Zigmanuir [339]

Answer:

small business

Explanation:

Based on the company specifications that is provided about Raul's company the most appropriate representation of his firm would be a small business. This is the case because a small business is categorized as any business with one owner controlling and running a business with less than 100 employees. Seeing as Raul only has 21 brokers employed and is planning to expand his model nationally but has NOT yet done so, then he is the owner of a small business.

6 0

4 years ago