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3 years ago

MIT economist Jerry Hausman has estimated the price elasticity of demand for Post Raisin Bran cereal to be minus

Business

1 answer:

e-lub [12.9K]3 years ago

7 0

Answer:

Elastic; Inelastic; If a good is narrowly defined

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded with any change in the price level of the product.

(a) If the price elasticity of demand is greater than one in absolute terms then the demand for that product is said to be elastic. Therefore, the demand for Post Raisin Bran cereal is elastic.

(b) Alternatively, if the price elasticity of demand is less than one in absolute terms then the demand for that product is said to be inelastic. Therefore, the demand for all types of breakfast cereals is inelastic.

(c) If the goods are narrowly defined, this means that there are large number of substitutes available. This indicates that the demand for these goods is elastic. Alternatively, if the goods are broadly defined then there are less number of substitutes are available. This means that the demand for these products is inelastic.

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A small private college situated in a rural geographic setting, a research lab at a bio-tech company and an attorney could all b

Gekata [30.6K]

Answer:

The correct answer to the following question is C) Appropriate audience for an advertising campaign.

Explanation:

When a company wants to sell its product in the market , it is very important for them to understand who their target market or target audience are, because these are the people who are in interested in buying company's product not everyone in the market. So it becomes very important for the company to identify who their target audience are and to make a connection with them, so that they can be influence in to buying the company's product.

And in the given above question all of them are example of target audiences.

7 0

3 years ago

The owner of Genuine Subs, Inc., hopes to expand the present operation by adding one new outlet. She has studied three locations

stepan [7]

Answer:

Sales quantity for A = $17,977

Sales quantity for B = $18,539

Sales quantity for C = $18,876

Explanation:

Given that

Monthly profit = $11,000

Fixed cost A = $5,000

Fixed cost B = $5,500

Fixed cost c = $5,800

The computation of given question is below:-

Every Sandwich Profit

= $2.65 - $1.76

= $0.89

Sales quantity = (Profit + Fixed cost) ÷ Profit per unit

Sales quantity for A = ($11,000 + $5,000) ÷ $0.89

= $17,977

Sales quantity for B = ($11,000 + $5,500) ÷ $0.89

= $18,539

Sales quantity for C = ($11,000 + $5,800) ÷ $0.89

= $18,876

3 0

3 years ago

On August 31, 2021, Shocker borrows $57,000 from a local bank. A note is signed with principal and 9% interest to be paid on Aug

vladimir2022 [97]

9% interest to be paid on August 31, 2022, is $1,710.

The price of return that lenders call for for the ability to borrow their cash. for example, the interest rate on credit playing cards is quoted as an APR. In our instance above, four% is the APR for the mortgage or borrower. The APR does not keep in mind compounded interest for the yr.

There are some public sectors in addition to private zone banks in India. although every bank, typically has a different range of interest price for savings bills, the rates commonly range from 2.70% p.a. to six.25% p.a. 2.70% p.a. to 6.50% p.a.

Paid interest is a hobby you've already been credited or paid for. As noted, before virtually having access to the hobby, it's really accruing. however, once that sum hits our account or balance, it is now known as a paid hobby.

Learn more about bank interest here:-brainly.com/question/15728540

#SPJ4

7 0

2 years ago

Suppose that there are two industries, A and B. There are five firms in industry A with sales at $5 million, $2 million, $1 mill

Sonja [21]

Answer:

3200

Explanation:

The HHI is calculated by squaring the market share of each firm in the industry.

Market share = sales of a firm / total sales of firms in the industry

total sales of firms in the industry = 5 + 2 + 1 + 1 + 1 = 10

Market share of firm A = (5/10) x 100 = 50%

Market share of firm B = (2/10) x 100 = 20%

Market share of firm C, D, E = (1/10) x 100 = 10%

50² + 20² + 10² + 10² + 10² = 3200

4 0

3 years ago

Investigar:

ASHA 777 [7]

La respuesta correcta para esta pregunta abierta es la siguiente.

Desafortunadamente, no especificas a qué país te refieres, ya que cada país tiene un régimen fiscal distinto, y los comercios están obligados a declarar impuestos de acuerdo a la legislación vigente en cada país.

Para poder responder a tus preguntas, lo haremos en términos generales ya que no mencionas cuál es tu país.

¿Qué es la factura?

La factura es el comprobante oficial al que obliga el gobierno, a través de la Secretaría de Hacienda y el Servicio de Administración Tributaria (SAT). La factura es el comprobante oficial que respalda la compra-venta de un artículo, producto o servicio, y donde se demuestra que se cobro el impuesto por la adquisición de la mercancía.

¿Qué es la Nota de venta?

La nota de venta es un comprobante de control interno que no tiene validez oficial para comprobar el consumo y el cargo del impuesto. La nota de venta sólo la ampara el mismo negocio que la elaboró, el sistema de administración tributario.

¿En que momento se usa la factura?

La factura se usa cuando se requiere elaborar un comprobante oficial que posteriormente pueda ser usado en la declaración mensual de impuestos o en la declaración anual, para que se puedan deducir los impuestos retenidos.

¿En que momento se usa la nota de venta?

Cuando sólo se quiere entregar un comprobante de compra, sin aplicar el impuesto al valor agregado.

¿Por qué el bazar del barrio no da factura ni nota de venta?

Porque probablemente es un pequeño comercio, y no está obligado a facturar. Sólo a dar comprobantes. Los pequeños comercios tributan o pagan impuestos de manera diferente. Son considerados pequeños contribuyentes y por lo regular se les asigna una cuota fija, siempre y cuando no rebasen una cantidad establecida por la autoridad hacendaria.

Platicando con el dueño de la papelería del barrio, él me comenta que el municipio sólo le pido una licencia de uso de suelo para que pueda operar su negocio. Esa licencia de funcionamiento tiene un costo único que debe ser renovad anualmente. El es pequeño comerciante y debe pagar una cuota fija de manera trimestral.

7 0

3 years ago