Suppose that a 2% increase in price results in a 6% decrease in quantity demanded. Own-price elasticity of demand is equal to:

At the heart of any marketing program is the firm's ________, its tangible offering to the market A. value B. strategy C. produc

Lelechka [254]

Answer: (C) Product

Explanation:

A marketing program is one of the type of business strategy in which the various types of activities are get performed for achieving the main objective of the business in an organization.

It is basically consist of the various types of plans, strategies and the activities in which the product of the company is promoted in the market.

The marketing programs plays an important in the business as it helps in establishing the good relationship with the customers where the products are offered in the market.

Therefore, the firm product is known as the heart of the marketing program that are tangible offer in the market.

6 0

3 years ago

The greater the number of compounding periods within a year, then (1) the greater the future value of a lump sum investment at T

tester [92]

Answer:

True

Explanation:

If there is a more number of compounding periods within a year so it would result into the higher price of future value for lump sum investment in year 0 but the case would be adverse with the present value i.e there is less amount in the present value with regard to lumpsum amount i.e to be recieved in the future date

Hence, the given statement is true

5 0

3 years ago

When it comes to management issues, small businesses Multiple Choice deal with very different issues than large companies or cha

mars1129 [50]

Small businesses deal with different issues than large companies, this is because they do not occupy the same space.

<h3>What is management?</h3>

Management is the coordination of a task or organization and the administration to achieve a goal. It includes setting the organization's goal and working towards achieving it.

Small businesses do not face the same problems as established businesses. The bigger the business the bigger the task.

Therefore, small businesses deal with very different issues than large companies or charities

Learn more on management here,

brainly.com/question/1276995

3 0

2 years ago

True or false: small ups and downs in real gdp follow a consistent, predictable pattern.

Ad libitum [116K]

It is <u>false </u>that <span>small ups and downs in real GDP follow a consistent, predictable pattern.
There is no constant, predictable pattern when it comes to GDP - it may fluctuate all the time, and ups and downs do not contribute to the pattern in any way possible. So this statement is false as the fluctuations can never be predicted.</span>

3 0

3 years ago

Haymitch Global Industries is a world leading producer of loudspeakers and other electronics products, which are sold under bran

lesya692 [45]

Answer:

1.Inventory Turnover ratio 2013= 8.09 Times

Inventory Turnover ratio 2012= 9.21 Times

2.Days to sell 2013= 45.11 Days

Days to sell 2012= 39.63 Days

Explanation:

Calculation for Determining the inventory turnover ratio and average days to sell inventory for 2013 and 2012.

Haymitch Global Industries

A. The Inventory Turnover Ratio times per year times per year

Using this formula

Inventory Turnover = Cost of Goods Sold /Average inventory

2013

Inventory Turnover ratio= 4,900/[(550+660)/2]

Inventory Turnover ratio=4,900/(1,210÷2)

Inventory Turnover ratio=4,900/605

Inventory Turnover ratio 2013= 8.09 Times

2012

Inventory Turnover ratio= 4,700/[(470+550)/2]

Inventory Turnover ratio=4,700/(1,020÷2)

Inventory Turnover ratio=4,700/510

Inventory Turnover ratio 2012= 9.21 Times

Calculation for Days to Sell days

Days to sell

Using this formula

Days to sell = 365/Inventory Turnover

2013

Days to sell= 365/8.09

Days to sell 2013= 45.11 Days

2012

Days to sell = 365/9.21

Days to sell 2012= 39.63 Days

3 0

3 years ago