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scZoUnD [109]
3 years ago
5

A company increases the price of its clock radios by 10 percent and the company's total receipts fall significantly. What term b

est describes the demand for its product
Business
1 answer:
Galina-37 [17]3 years ago
3 0

Answer:

Price elasticity of demand Relation

Explanation:

The reason is that the price and demand are inversely proportional to each other. If the price of the product increases the demand of the product will decrease and vice versa. So this means that if the organization wants to generate maximum profit then it will have to set a price that generate maximum demand which means which generates maximum profit. The Bugatti is very expensive and the result is that very fewer people own it in the world but the Mercedes with an above average price has customers in millions, Honda has more than million customers because it is priced average. So the thing is that the pricing matters in deciding how much of the total customers you want.

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Discount-Mart issues $10 million in bonds on January 1, 2018. The bonds have a ten-year term and pay interest semiannually on Ju
Ostrovityanka [42]

Answer:

6%

Explanation:

Given the following :

Amount of bond issued = $10,000,000

Cash paid = $300,000

Term of bond = 10years

Semiannual interest pay

The stated annual rate of interest on the bond can be calculated thus :

Rate of interest ;

Cash paid / Amount of bond issued

$300,000 / $10,000,000

= 0.03

0.03 * 100%

= 3% (semiannual interest)

Therefore, annual rate of interest :

Semiannual rate * 2

3% * 2 = 6%

4 0
3 years ago
In attempting to solve the problems caused by a lowering of the price of oil, oil companies operating in the North Sea have take
goldfiish [28.3K]

Answer: which includes reducing employment, using new technology to be more efficient in pumping oil

Explanation: The question involved a brief explanation of the financial crisis oil companies in the North sea are passing through as a result of falling oil prices. The option I chose, I believe is the best arranged of the list of given options.

4 0
4 years ago
Seaborn Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $850 2 1,100 3 1,300 4 1,150 Re
Gwar [14]

Answer:

The present value at the discount rate of 10% is $3,443.99  ,$2,955.44 at 17% and $ 2,428.00   at 27%

Explanation:

The present were arrived at by discounting each year's cash flow to present value by applying discounting  factor given  as 1/(1+r)^n where r is the discounting rate and n is the number of applicable time horizon.

Kindly find attached spreadsheet showing full computations of the present values

Download xlsx
8 0
3 years ago
Katy, a manager, is evaluating her team members by rating them from best to worst. This rating is based on their overall perform
Feliz [49]

Answer:

a. The simple ranking method

Explanation:

The simple ranking method -

It refers to the method of evaluation used in a company , in order to rank the employees from best to worst depending on various factors , is referred to as the simple ranking method .

Factors like , negative impact , ratings , feedback etc. all are considered while making the ranking .

Hence , from the given scenario of the question ,

The correct answer is a. The simple ranking method .

4 0
3 years ago
When economists talk about supply, they are referring to a relationship between price received for each unit sold and the ______
yanalaym [24]
Quantity supplied demand curve
4 0
3 years ago
Read 2 more answers
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