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
worty [1.4K]
3 years ago
10

Danny "Dimes" Donahue is a neighborhood’s 9-year-old entrepreneur. His most recent venture is selling homemade brownies that he

bakes himself. At a price of $2.75 each, he sells 250. At a price of $2.25 each, he sells 300. A. What is the elasticity of demand?
B. Is demand elastic or inelastic over this price range?
C. If demand had the same elasticity for a price decline from $2.25 to $1.75 as it does for the decline from $2.75 to $2.25, would cutting the price from $2.25 to $1.75 increase or decrease Danny's total revenue?
Business
1 answer:
allochka39001 [22]3 years ago
8 0

Answer: c

Explanation:

You might be interested in
Short Answer 7: If the government announced that they were going to reduce the income tax next year, financed by finding a large
GalinKa [24]

Answer:

The labor would increase

Explanation:

When the government decides to lower the income tax in the coming year, which is financed by the findings of a large as well as a previously unknown warehouse for real goods, then there would be an increase in the labor as the reduction in the income tax would cause more and more investment. And thus organizations and firms increase their efficiencies and create more and more output by increasing the labor.

7 0
2 years ago
Tom's Textiles shipped the wrong material to a customer, who refused to accept the order. This is an example of a:-Sales revenue
Angelina_Jolie [31]

Answer:

Sales return

Explanation:

Sales return when a customer is not satisfied with a product, refuses to accept the order and expects to receive back the whole amount of money he paid for it.

Tom's Textiles are at wrong here as they shipped the wrong material to a customer. The customer is allowed not to accept the order and all the money he paid must be reimbursed to him. The company should apologize for the mistake in a pleasant manner, as mistakes happen everyday and can be corrected quickly and efficiently.  

3 0
3 years ago
The ________ is the difference between merchandise imports and exports and a measure of a country's international trade in goods
Levart [38]

Answer:

balance of trade

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Basically, trade can be categorized into two (2) main groups and these are;

I. Import: this involves bringing in goods from a foreign country to sell in a different (domestic) country.

II. Export: it involves the sales of goods produced in a domestic country to a foreign country.

In Economics, a balance of trade is a measure of the difference between merchandise imports and exports, as well as a country's international trade in goods. Thus, it's a measure of the difference between the monetary value of the import and export of goods of a country over a specific period of time.

3 0
3 years ago
After a firm has determined its position in the global market, it will typically seek to meet the needs of global markets by ___
elixir [45]

After a firm has determined its position in the global market, it will typically seek to meet the needs of global markets by tailoring its marketing mix to the needs of consumers in individual markets.

<h3>What is global market?</h3>

Global market involves planning, producing, placing, and promoting a business' products or services in the worldwide market.

It is not limited to specific geographic locations but rather involves the exchange of good, services, and labor anywhere.

Examples of global markets are :

  • Fast-moving consumer goods
  • Clothing
  • Automobiles
  • Banking,
  • Fast food companies

Hence, a firm will typically seek to meet the needs of global markets by tailoring its marketing mix to the needs of consumers in individual markets.

Learn more about global market here : brainly.com/question/20860719

6 0
2 years ago
I need help with 9 and 10 please ​
sweet-ann [11.9K]

9. D) 73.50

8.4%*$875

Move the decimal place to multiply by a percent:

.084*875= $73.50

10. D) $15,917

(100 shares * $44.41/per share)+ (600 shares *$19.08 per share) + (.04* [600+100])

($4,441) + ($11,448)+ ($28)= $15.917

3 0
3 years ago
Other questions:
  • ​A recent study conducted by the University of Nevada revealed that cyberloafing (wasting time online) costs U.S. businesses mor
    12·1 answer
  • King Nothing is evaluating a new 6-year project that will have annual sales of $410,000 and costs of $284,000. The project will
    9·1 answer
  • A price maker is
    12·2 answers
  • A firm has actual sales in November of $1,000 and projected sales in December and January of $3,000 and $4,000, respectively. Th
    10·1 answer
  • The use of a differentiation strategy would be expected to be LEAST effective in which of the following markets? a. Commodity go
    8·1 answer
  • The residential division of Prism's high-speed Internet service uses one advertising agency, while its commercial division uses
    11·1 answer
  • On a particular day, the Dow Jones had a rate of change of -2.1%. Which of the following statements must also be true?
    7·1 answer
  • Which of the following products CANNOT be sold BOTH the consumer and industrial markets?
    12·1 answer
  • Net capital outflow Select one: a. is always less than net exports. b. could be any of the above. c. is always greater than net
    11·1 answer
  • In the early 2000s, easy credit made real estate the investment of choice in the United States. By the end of the decade, howeve
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!