Answer:
A. Disagree
B. Disagree
C. Disagree
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Demand is elastic if a small change in price leads to a greater change in quantity demanded. The absolute value of elastic demand is usually greater than 1.
Demand is inelastic if a small change in price has little or no effect on the quantity demanded. The absolute value of inelastic demand is usually less than 1.
Demand is unitary, if a change in price has the same proportional effect on quantity demanded. The absolute value of unitary elasticity of demand is equal to 1.
The absolute value of elasticity for cocaine is 0.2 which indicates that it has an inelastic demand, if price increases, there would be no change in the quantity demanded. Amount spent on cociaine would increase and producers revenue would rise.
The absolute value of elasticity for Christmas three is 1.3 which indicates that it has an elastic demand. If price falls, the quantity demanded would rise and revenue earned by sellers would rise as a result.
When elasticity of demand is unitary, an increase in price leads to the same proportional increase in revenue.
I hope my answer helps you
Answer:
Net Sales = $100,100
Sales Return and allowances = $4,500
Net income = $33,700
Explanation:
Cost of goods sold 48,200
Gross Profit 51,900
Net Sales 100100
Sales Return and allowances = Sales - Net sales- Sales discounts = 107800-100100-3200 = 4500
Selling Expenses = Total operating expenses - General and Administrative Expenses = 18200 - 10400 = 7800
Net income = Gross profit - Total operating expenses
=51900-18200
= 33700
The Marginal Utility per Dollar for the fourth unit consumed is 2.50 utils.
The Marginal Utility per Dollar for the second unit consumed is 9 utils.
Utility is the total satisfaction a consumer derives from consuming a good or service.
Marginal utility is the change in total utility when a consumer increases the unit consumer by one.
Marginal utility = change in total utility / change in price
<u><em>Marginal Utility per Dollar for the fourth unit consumed</em></u>
Marginal utility when the fourth unit is consumed = (64 - 54) / (4 - 3)
10 / 1 = 10.
Marginal utility per dollar = 10 / $4 = 2.50 utils
<u><em>Marginal Utility per Dollar for the second unit consumed </em></u>
Marginal utility of the second unit = (40 - 22) / (2 - 1) =
18 / 1 = 18
Marginal utility per dollar = 18 / $2 = 9 utils
Please find attached the table of the utility function. To learn more, please check: brainly.com/question/14850856?referrer=searchResults
Answer:
It Takes a Village! In every business, it takes more than one person to create success - whether you are talking about a berry farm, a historic theater, a popular amusement park, or an expanding coffee chain. While you watch the videos, notice how many different people work together to support and sustain these operations. Cogdell Berry Farm Fox Theatre Six Flags Jittery Joes Now, let's put it all together by creating a presentation entitled "It Takes a Village." Your presentation could either be a word document, a digital mind map, or a slideshow, but it must include a chart and research paragraph for each company. In your presentation, you should create a visual chart or slideshow featuring each company and highlighting at least two different jobs that are needed to keep each company running. Make it clear that each company is comprised of many different positions and discuss how people with different skills and interests work together to contribute to a successful enterprise. Finally, pick out one career from each video and do some additional research on it. Let's consult our handy reference, the Bureau of Labor Statistics' Occupational Outlook Handbook once again to find more information. This time check out the headings 'How to Become One,' 'Pay,' and 'Job Outlook' for each career you choose. Your presentation should include the following content: A chart/slideshow that describes each of the four companies with at least two jobs discussed in each company. In depth research on one job per company, including: How to Become One Pay Job Outlook However you choose to arrange your presentation, make sure to show clearly that the companies you learned about rely on more than one position to keep things running smoothly.
Explanation:
Answer:
Consider marketing to a segment that meets the criteria for effective segmentation
Explanation:
In the given situation it is mentioned that the business is stagnated due to which the housing market seen as the downturn so in order to increased the sales and keep the business solvent we should considered the marketing to the segment where it should meet the effective segmentation criteria so that the company could able to increased their sales due to this the solvency of the business could be maintained
