Answer:
$400 .Since inventory is valued at cost or market value(current replacement cost) whichever is lower .
Therefore value of inventory : $400*8=$3200
Explanation:
Answer: Elasticity of demand is 7.06
Explanation:
P1= $2,750
P2=$2,880
Q1=446,000
Q2=321,000
![Elasticity = \frac{Q2 - Q1}{\frac{Q1 + Q2}{2} } * \frac{\frac{P1 + P2}{2} }{P2 - P1}](https://tex.z-dn.net/?f=Elasticity%20%3D%20%5Cfrac%7BQ2%20-%20Q1%7D%7B%5Cfrac%7BQ1%20%2B%20Q2%7D%7B2%7D%20%7D%20%2A%20%5Cfrac%7B%5Cfrac%7BP1%20%2B%20P2%7D%7B2%7D%20%7D%7BP2%20-%20P1%7D)
![Elasticity = \frac{321,000 - 446,000}{\frac{446,000 + 321,000}{2} } * \frac{\frac{2750 + 2880}{2} }{2880 - 2750}](https://tex.z-dn.net/?f=Elasticity%20%3D%20%5Cfrac%7B321%2C000%20-%20446%2C000%7D%7B%5Cfrac%7B446%2C000%20%2B%20321%2C000%7D%7B2%7D%20%7D%20%2A%20%5Cfrac%7B%5Cfrac%7B2750%20%2B%202880%7D%7B2%7D%20%7D%7B2880%20-%202750%7D)
![Elasticity = \frac{-125,000}{383,500} * \frac{2815}{130}](https://tex.z-dn.net/?f=Elasticity%20%3D%20%5Cfrac%7B-125%2C000%7D%7B383%2C500%7D%20%2A%20%5Cfrac%7B2815%7D%7B130%7D%20)
![Elasticity = - 0.3259*21.6598](https://tex.z-dn.net/?f=Elasticity%20%3D%20-%200.3259%2A21.6598)
Elasticity = -0.76
Thus, elasticity of demand for laptops is 7.06. This means that laptops are highly price elastic as it is greater than 1.
<u>Answer: </u>Higher spending than taxing results in a deficit, which contributes to more debt.
<u>Explanation:</u>
Here the red bar is referred to the debt and the blue bar is referred to the spending. When the government spending is more it decreases the government revenue and creates a deficit in the funds. When there is deficit it means the government borrows funds for spending which increases the debts.
Government spending to improve the status of the economy in the country. It Invests is various activities for growth and development purpose. Only on collecting high taxes the revenue of the government will increase. When taxes collected are low the government revenue is also low.
Answer:
The correct answer is sensory.
Explanation:
Sensory marketing is widely used and also highly recommended for those companies that want to be exclusive, original and convey a different and positive customer experience. Its objective is that the client leaves satisfied and with a good memory that is not easily erased from his memory.
As human beings we are endowed with five senses, six if as some do we have intuition. Next we will see how marketing plays with us through our senses: