Answer:
The correct answer is letter "B": Reduce the ticket prices for the afternoon shows and increase the ticket prices for the evening shows.
Explanation:
Price elasticity of demand is a characteristic of goods and services by which the quantity demanded changes in front of changes in their price. <em>It is calculated by dividing the percentage change in quantity demanded by the percentage change in price</em>. If the result is equal to or greater than one (1) the demand is elastic. If the result is lower than 1, the demand is inelastic.
Thus, <em>in an attempt to increase revenue out of movie tickets sales, if the demand for movie tickets is elastic in the afternoon it implies that changing the price would significantly change the quantity demanded. Then, it would be convenient to lower the tickets cost so the quantity demanded increases in the afternoon -demand law.
</em>
Then,<em> if the demand for movie tickets is inelastic in the evenings, it means changes in prices do not change the quantity demanded. So, increasing the price of movie tickets in the evenings would not change the quantity demanded.</em>
Answer:
A. $3,500 gain
B. -$4,400 loss
Explanation:
A. Calculation for the amount of the gain or loss on the sale
Gain or loss on sale=$12,500-$9,000
Gain or loss on sale=$3,500 gain
Therefore the amount of the gain on the sale is $3,500
B.Calculation for the amount of the gain or loss on the sale
Gain or loss on sale=$4,600-$9,000
Gain or loss on sale=-$4,400 loss
Therefore the amount of the loss on the sale is
-$4,400 loss
Answer:
it is extremely difficult to manage to get a group of individuals towards agreeing to participate and not defect from the strategy.
Explanation:
Game theory is a theory that focuses on understanding exactly why an individual makes certain decisions as well as how they affect others. Based on this theory the student's strategy was unlikely to work because it is extremely difficult to manage to get a group of individuals towards agreeing to participate and not defect from the strategy. Since not everyone would believe that it will work and others may just get tired.
<span>A possible reason that a company would sell stock is to help expand their business, hire more people and develop new technology. Businesses will sell stock so that they can accumulate more cash on hand to have for funding other projects within the company. Having more cash on hand allows for more options to grow at a quicker rate. </span>
Answer: Junk bonds
Explanation:
Junk bonds are a high-yielding high-risk security, that are issued by a company which is seeking to raise capital quickly to finance a takeover.
Junk bonds represent bonds that are issued by companies that are financially struggling and possess a high risk of not paying the interest or repaying the principal to investors. Junk bonds are a good investment for the investors who need the higher return and those that can also afford the higher risk.