Answer:
The answer is: C) the elasticity of demand, where the shortages will be larger if demand is more inelastic.
Explanation:
When the demand for a product is completely inelastic it means that the quantity demanded for that product will be the same whether its price increases or decreases. Rarely any product is completely inelastic, but inelasticity shows a tendency of buyers to keep buying a product even if its price rises, for example gasoline.
Inelastic products don´t follow the law of supply and demand, since the price doesn´t alter the demand.
If suppliers can produce enough goods (product shortages) and the quantity demanded stays the same, the price will rise. But if the demand for the product is inelastic then the shortage will get worse since every time more people will want to buy the product and their will be less product to buy.
Answer:
A short-term inducement of value offered to arouse interest in buying a product or service
Explanation:
Sales promotion can be defined as a process of trying to get a potential customer to buy the product by persuading them. Sales promotion a short-term tactic used for the purpose of boosting sales. As a method of building long-term customer loyalty, it is barely suitable. Sales promotions are aimed at getting consumers interested in purchasing a product or service.
Answer:
The answer is: $57.30
Explanation:
To determine the expected value of each warranty policy that was sold, we can use the following formula:
expected value = policy price - (probability of failure x cost of replacement)
expected value = $60 - (0.6% x $450)
expected value = $60 - $2.70 = $57.30
Liquidation or the most frequent type of bankruptcy for individuals is straight bankruptcy. Your assets—anything you own with monetary value—are liquidated (sold) under the supervision of a court-appointed trustee in order to satisfy your debts.
<h3>How can bankruptcy be avoided?</h3>
preserving a positive cash flow, choosing a change in management, basing decisions on a business strategy, maintaining correct financial records, and maintaining excellent relations with creditors.
<h3>Which two primary categories of bankruptcy are there?</h3>
There are two distinct categories of bankruptcy cases out of these five types: 1) Straight/Liquidation, 2) Reorganization—the latter requires the designation of classes of claims and interests in the reorganization plan.
To know more about the Straight bankruptcy visit :-
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Answer:
The dividend yield is 5%
Explanation:
The amrket value of common stock is known and the dividend yield on the common stock will be calculated.
The dividend yeild is basically the dividend return that the stock is providing expresses as a percentage of its market price.
Thus, the formula for dividend yield is,
Dividend Yield = Dividend per share / market price per share
The dividend yield on Common stock = 4 / 80 = 0.05 or 5%