1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
wariber [46]
3 years ago
6

You have just been hired as a business consultant to determine what pricing policy would be appropriate to increase the total re

venue of a bakery. the first step you would take would be to
a. increase the price of every loaf of bread in the store.

b. look for ways to cut costs and increase profit for the bakery.

c. determine the price elasticity of demand for the bakery's products.

d. determine the price elasticity of supply for the bakery's products.
Business
1 answer:
vovangra [49]3 years ago
4 0

The correct answer is c. determine the price elasticity of demand for the bakery's products.

You might be interested in
Mr. D is the manager of a local Walgreens. His biggest concern is to make sure that his store is always making the most profit p
nydimaria [60]

<u>Answer: </u>Just in time inventory

<u>Explanation:</u>

Just in time is the strategy that is generally used in production units where they can efficiently manage the stock by reducing the waste. The waste can be reduced by receiving the goods only when they are needed so this reduced the inventory costs.

Inventory cost are the costs related to procurement, storage and maintenance of the inventory. Walgreens store can reduce the stocking of goods cost by ordering them on time when required alone. The small shipment of goods for every two days once can reduce the inventory cost.

4 0
3 years ago
Suppose Cute Camel Woodcraft Company is evaluating a proposed capital budgeting project (project Alpha) that will require an ini
UNO [17]

Answer:

$996,267.41

Explanation:

The Net Present Value of Alpha`s project can be determined by using the CFj Function of a Financial Calculator as follows :

<em>- $400,000  CF0</em>

<em>$325,000     CF1</em>

<em>$500,000    CF2</em>

<em>$400,000    CF3</em>

<em>$475,000    CF4</em>

<em>I/YR = 8%</em>

<em>Then, SHIFT NPV gives $996,267.41</em>

Thus, Alpha's net present value (NPV) is $996,267.41.

8 0
3 years ago
On January 1, Novak Corp. issued $3600000, 14%, 5-year bonds with interest payable on December 31. The bonds sold for $3859546.
Juliette [100K]

Answer:

the debit entry to Interest Expense is $463,145.52

Explanation:

The computation of the debit entry to Interest Expense is given below:

= Bonds carrying value × Market rate of interest

= $3,859,546 × 12%

= $463,145.52

Hence, the debit entry to Interest Expense is $463,145.52

We simply applied the above formula and the same is to be considered

6 0
3 years ago
Suppose two factors are identified for the U.S. economy: the growth rate of industrial production, IP, and the inflation rate, I
Arisa [49]

Answer:

15.4%

Explanation:

Calculation to determine your best guess for the rate of return on the stock

The revised estimate on the rate of return on

the stock would be:

Before

14% = α +[4%*1] + [6%*0.4]

α = 14% - 6.4%

α = 7.6%

With the changes:

7.6% + [5%*1] + [7%*0.4]

= 7.6% + 5% + 2.8%

= 15.4%

Therefore your best guess for the rate of return on the stock will be 15.4%

3 0
3 years ago
1. Do you think it is a good idea to have employers withhold
Alina [70]

Answer:

No,

Explanation:

The tax withholding system is something that most of us take for granted, but the concerned citizens, politicians and economists who have analyzed it have many criticisms of the system.

Taxpayers have no idea how much they pay and are apathetic about tax rates

If taxpayers had to make one large payment, they would know exactly how much they were forking over for federal taxes, Social Security taxes, Medicare taxes and state taxes. Since the money is taken gradually, many people never pay attention to the full amount, which makes it easier for high tax rates to persist and for the government to increase tax rates. For example, the state of California in 2009 decided to use the tax withholding system to take a large, interest-free loan from its taxpayers. It increased the withholding tax by 10%, and even journalists didn't seem to notice until the days before the rate hike was implemented. The government says it will refund the borrowed money in April.

5 0
3 years ago
Other questions:
  • Asset utilization ratios
    13·1 answer
  • The projected benefit obligation was $440 million at the beginning of the year. Service cost for the year was $48 million. At th
    10·1 answer
  • On October 1, 2015, Zircon Jewelry Company accepted a 4-month, 10% note for $2,400 in settlement of an overdue account receivabl
    15·1 answer
  • Which of the following statements about the Federal Application for Student Aid (FAFSA) is TRUE? AYou can only apply online. BTh
    8·2 answers
  • The ________ type of recruitment strategy uses physical and/or psychological pressure on potential members and threatens that ei
    7·1 answer
  • If interest rates are at the zero lower bound:A. the effectiveness of monetary policy increases. B. monetary policy is not very
    5·1 answer
  • Select the correct answer.
    8·2 answers
  • Net working capital increases when: Multiple Choice inventory is sold at cost. fixed assets are purchased for cash. inventory is
    8·1 answer
  • ABC Industries manufactured 2400 units of its product Huge in the month of April. It incurred a total cost of $132,000 during th
    11·1 answer
  • which can cause a shift in the demand curve? a change in the price of a good the cost of production the technology used by firms
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!