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Studentka2010 [4]
3 years ago
8

The price elasticity of demand for lightbulbs is likely to be unit elastic because

Business
1 answer:
Montano1993 [528]3 years ago
7 0

Answer:

The correct answer is: is relatively inelastic because there are very few substitutes for lightbulbs.

Explanation:

The demand for unit elasticity is an intermediate situation between an elastic and other inelastic demand curve, so that the price elasticity is equal to one, which means that in the face of variations in price, the total ingrowth (price per cantidad), if it decides, if the price increases, the demanded cantidad will diminish in an amount such that the previous and the present in the same ones. The same would occur in the case that the price had fallen, the song would increase so much that the ingrowth remained constant.

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When an employee evaluates his or her manager low on all performance criteria due to dissatisfaction with the manager's disposit
Anton [14]

Answer:

The correct answer is D

Explanation:

Horns error is the term which defined as the error, where the opinion of one is color with the opinion of the others. This kind of error involves or comprise the negative ratings. This will be called as the horns error.

In this case, an employee computed the manager low on all the performance due to the dissatisfaction with the disposition of the manager. So, the employee committed to a horns error.

8 0
3 years ago
Flextrola, Inc. , an electronics systems integrator, is planning to sell its next generation product using components sourced fr
DENIUS [597]

With a mean of 1000 and a standard deviation of 600, the probability that the demand is going to be withing 25 percent of its forecast is 0.3230.

a. Mean = 1000

sd = 600

p(1000x 1-25%) - p(1000x 1+25%)

using the z test

d-μ/σ

p(z < \frac{1250-1000}{600} )-p(z < \frac{-1000}{600} )\\\\(z < 0.4167)-(z < -0.4167)

find values using excel sheet formula

NORMSDIST(0.4167) - NORMSDIST(-0.4167)

=m0.6615 - 0.3385

= 0.3230

<h3>b. The probability that the forecast would be more than 40 percent</h3>

1000x 1+40%

= p(D>1400)

= 1- NormDist(0.667)

= 0.225

c. Cu = 121-72 = 49

Co = 72.50 = 22

The critical ratio calculation

49/22 +49 = 0.6901

Normsinv(0.6901) = 0.496

1000+0.496x600

= 1297

The units that Flextrola has to order is 1297.

<h3>d. The expected sales of Flextrola</h3>

1200-1000/600

= 0.3333

loss function from z = 0.333 is 0.254

600x0.254 = 152. 4

1000-152.4 = 847.6

the expected sales are 847.6

e 1200- 847.6

= 352. 4

The units of inventory that can be sold is 352.4

Read more on inventory here: brainly.com/question/24868116

7 0
2 years ago
Pompeii, Inc., has sales of $46,200, costs of $23,100, depreciation expense of $2,200, and interest expense of $1,700. If the ta
ycow [4]

Answer:

The net operating cashflows are 18,876 dollars.

Explanation:

Operating cashflows are cashflows which an entity generates from it core operations. In other words cash flow related to investment and finance activities do not form part of an entity operaing cashflows.

So in this example interest will not be part of operating cashflows.

For more details please refer to below given calculations.

OCF

Sales       46,200

Cost         (23,100)

Tax            (4,224) (W-1)

OCF          18,876

(W-1)  Calculating profit to find tax paid

(46,200-23,100-2,200-1,700)*22%

5 0
4 years ago
In your own words define the term accounting and its usage.
Drupady [299]

Answer:

<h3>Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities. The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position and cash flows. </h3><h3 />
3 0
3 years ago
A company estimates its sales at 200,000 units in the first quarter and that sales will increase by 20,000 units each quarter ov
WARRIOR [948]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

A company estimates its sales at 200,000 units in the first quarter and that sales will increase by 20,000 units each quarter over the year.

They have, and desire, a 25% ending inventory of finished goods.

Production required for the third quarter:

Sales= 200,000 + 40,000= 240,000

Ending inventory desired= 260,000*0.25= 65,000

Beginning inventory= (240,000*0.25)= (60,000)

Total= 245,000

7 0
3 years ago
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