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iVinArrow [24]
3 years ago
6

Walmart is thinking about offering a 25% discount on a brand of shoes. If the elasticity of demand is two, then the discount wou

ld increase sales by
Business
1 answer:
vitfil [10]3 years ago
5 0
Elasticity of demand is a measurement used in economics to show how people respond and demand a product or service when nothing but the price changes. 

If Walmart were to discount a shoe by 25% and the demand of the shoes is two pair, sales would increase by 50%. People are purchasing two pairs at this price and receiving 25% off of each pair.
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Answer:

Its A.

Explanation:

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2 years ago
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This selection implies that the author believes sales of the Nestlé chocolate bar soared because __________.
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The best and most correct answer among the choices provided by your question is the third choice or letter C.

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I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!
7 0
3 years ago
On January 1, 2019, Oriole Company purchased the following two machines for use in its production process.
Zarrin [17]

Answer and Explanation:

The journal entries are shown below:

1  Equipment   $53,420

     To Cash  $53,420

(Being the equipment is purchased for cash is recorded)

The computation is given below:

= Cash price of machine + sales tax + shipping cost + insurance during shipping + installation and testing cost

= $49,500 + $3,650 + $100 + $60 + $110

=  $53,420

2. Depreciation expense $9,614

      To Accumulated Depreciation - Equipment  $9,614

(Being the depreciation expense is recorded)

The computation is shown below:

= ($53,420 - $5,350) ÷ ( 5 years)

= $9,614

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3 years ago
In a completely randomized experimental design involving five treatments, 13 observations were recorded for each of the five tre
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The answer to this quiestion is a jalandhar jakob jsjsjd
3 0
2 years ago
Internet access to use online banking costs you $39.99 per month. A book of checks costs you $17.95 per 100. Your bank charges y
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Answer:

$21.9275

Explanation:

The cost of online banking is $39.99

The cost of checks books is $17.95 per 100. The cost associated with 25 checks

= $17.25/100 x 25

=0.1725 x 25

=$4.3125

The cost of a stamp is 50 cents, which is $0.50

for 25 checks

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=$12.5

The writing fee

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=$1.25

Total cost of using checks

= $4.3125 + $12.5 +$1.25

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the difference between online banking and checks

= $39.99 - $18.0625

=$21.9275

6 0
3 years ago
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