Answer: Total Revenue is $100 and the price elasticity is 0.4
Explanation: total revenue is computed as Price * Quantity
$0.5 * 200= $100
Elasticity is the degree of responsiveness of quantity demanded to a change in price.
Old price $1
New price $0.5
Old quantity 75
New quantity 200
Formula- % change in quantity demanded / % change in pride
NB change is (old-new)
Change in Qd= (75-200) / 75 =-1.67
Change in price=(1-0.5)/1=0.5
-1.67/0.5= -3.34
The negative is ignored in price elasticity and the answer is 3.34 which means the product is Elastic
The most suitable mode of entry for Shiffon Electric into the European market will be through <u>acquisition</u>.
<h3>
What is an acquisition?</h3>
This is a business arrangement whereby a company purchases most or all of another company's shares to gain control of that company.
Thus, this business arrangement will allow Shiffon Electric Group to enter into the market effectively and have market share despite number of well-established incumbent enterprises.
Read more about acquisition
<em>brainly.com/question/24519774</em>
I'm am pretty sure the answer is b.
Answer:
. b. offer rebates and incentives for customers who purchase washing machines.
Explanation:
Increasing the productive structure of a firm must be carefully planned. There needs to be demand and take into account the expectations of the economy. When a company increases its structure over an inadequate period, the strategy can be fatal, as firms typically go to great lengths to make investments. In the case described, the company now has an idle capacity, ie does not use all its productive infrastructure. This is compounded by the moment of narrated economic crisis. In this situation, the company is most likely to promote price incentives through discounts to stimulate demand for washing machines. Thus, the employer gets a breath to maintain its activities until the economy recovers and she can use all the installed capacity.
Hello There!
This is a "False Statement" <em>The cost of notions is generally not insignificant part of a garment’s cost</em>
