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3 years ago

、HowTotalRevenueChangesWhenPriceChanges？PleaseusetheElasticityandDemand 订curvetoexplainit.

Business

1 answer:

vlabodo [156]3 years ago

8 0

<h3>When you increase price,you increase revenue on units sold.When you increase price,you sell fewer units.</h3>

Hope this helps

<h2>--SirGerick--</h2>

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You want to buy a new sports coupe for $84,500, and the finance office at the dealership has quoted you an apr of 6.6 percent fo

Margaret [11]

Answer: The monthly payment will be $2007.81.

We have:

Cost of the sports coupe (PV) $84,500

Annual Percentage Rate (APR) 6.6%

Loan tenure in months (n) 48

We can find the monthly payment by using the Present value of an annuity formula:

$\mathbf{PV_{Annuity}= PMT * \left ( \frac{1-(1+r)^{-n}}{r} \right )}$

Since APR is a yearly number, we need to convert it into a monthly rate.

So , $r = \frac{0.066}{12} = 0.0055$

Plugging values in the PV formula above we get,

$\mathbf{84500 = PMT * \left ( \frac{1-(1+0.0055)^{-48}}{0.0055} \right )}$

$\mathbf{84500 = PMT * \left ( \frac{1-0.768529253}{0.0055} \right )}$

$\mathbf{84500 = PMT * \left ( \frac{0.231470747}{0.0055} \right )}$

$\mathbf{84500 = PMT * 42.08559028}$

$\mathbf{\frac{84500}{42.08559028}= PMT}$

$\mathbf{PMT = 2007.813112}$

8 0

4 years ago

During its first month of operations in March, Volz Cleaning, Inc., completed six transactions with the dollar effects indicated

Alekssandra [29.7K]

Answer and Explanation:

The Preparation of classified balance sheet for Volz Cleaning, Inc., at the end of March is shown below:-

Assets

Current Assets:

Cash $27,000

($45,000 - $8,000 - $2,000 - $7,000 + $3,000 - $4,000)

Investment (short term) $4,000

($7,000 - $3,000)

Notes receivables $2,000

Total Current Assets $33,000

Long Term Non Current Assets:

Computer equipment $4,000

Delivery Truck $35,000

Total long term $39,000

Total assets $72,000

Liabilities

Notes payable $27,000

Total liabilities $27,000

Stockholder equity

Common Stock $6,000

Additional Paid in Capital $39,000

Total Stockholder's equity $45,000

Total Liabilities & Stockholder's

equity $72,000

6 0

3 years ago

If $3,000 is invested at 7% for 6 months, how much simple interest is earned?

Savatey [412]

The first one is
a. 105
because .07 x .5 x 3000 is equal to 105.

I'm not sure about the second one though.

3 0

3 years ago

we can use different parts of alandscape to represent different stages of its evolution this strategy is called trading location

LuckyWell [14K]

We can use different parts of a landscape to represent different stages of its evolution this strategy is called trading location for <u>time</u>

<u></u>

<h3>Definition of evolution</h3>

The term "evolution" is one that most of us first hear in a science class, although the idea has application in a variety of fields, including biology, technology, and behavior.

When we discuss business evolution, we're talking about adapting to market dynamics, client demand, and evolving technologies to assure relevance and advancement.

According to Paul Salnikow, who makes this argument, "We have seen the rise of shifts in business habits, with global travel, The emergence of the internet, and really global communication. People now view marketplaces on a regional or even global level rather than as a country or city, and in order to reach their markets, they relocate.

Learn more about evolution

brainly.com/question/21202780

#SPJ4

3 0

2 years ago

Sienna Inc., a software firm, decided to hire a technical expert. The company conducted an aptitude test followed by structured

joja [24]

Answer:

Refer David to another company.

Explanation:

In the given case, promoting other minority employees is not the correct action because the victim is David. Hiring other African Americans make up for David's loss is not the correct answer either because of the same reason. Paying David's legal costs is not an effort towards compensating for the discrimination. The company is likely required to give David a referral to another company which is the only action that affects David directly in terms of compensation. I hope this was helpful.

4 0

3 years ago

、HowTotalRevenueChangesWhenPriceChanges？PleaseusetheElasticityandDemand 订curvetoexplainit.​

、HowTotalRevenueChangesWhenPriceChanges？PleaseusetheElasticityandDemand 订curvetoexplainit.