<u>Studies indicate that the price elasticity of demand for beer is about 0.9. A government policy aimed at reducing beer consumption changed the price of a case of beer from $10 to $20. According to the midpoint method, the government policy should have reduced beer consumption by</u> (c) 60%.
Explanation:
T<u>he Price elasticity of demand (PED or Ed) </u>is defined as a measure used in economics to show the relation or elasticity of the quantity demanded of a good or service to increase in its price when only the price changes.
<u>The price elasticity of demand is calculated as the percentage change in quantity divided by the percentage change in price.</u>
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<u>Studies indicate that the price elasticity of demand for beer is about 0.9. A government policy aimed at reducing beer consumption changed the price of a case of beer from $10 to $20. According to the midpoint method, the government policy should have reduced beer consumption by</u> (c) 60%.
Answer:
the growth rate is 3%
Explanation:
The computation of the PAMC growth rate is shown below:
Price of the stock = Current year dividend ÷ (required rate of return - growth rate)
$16.25 = $0.78 ÷ (0.078 - growth rate)
0.078 - growth rate = 0.048
So, the growth rate is 3%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
O True
Explanation:
In the case when the selling environment is collaborative so it would make the sales pitch more challenging for the sales people
Here collaborative selling means the collaboration that does not between the sales team members but it would be done between the sales people and the customers
So the given statement is true
Hence, it is not false
Answer:
The correct answer is Goal setting.
Explanation:
The setting of goals is identified as a procedure that leads the subject to achieve or achieve certain objectives by providing direction to their actions.
When people set out to achieve something in their lives, they are few times that they can say that they did it without problems. Almost always some kind of difficulty or setback arises.
And it is not for less, to a mind that is not adapted to the achievement of goals, it will be very difficult to succeed. As much as I try in a thousand ways.
The important thing then, is to make the Goals Settlement a habit, and each habit begins with a repetitive action.
Answer:
The correct answer is operational structure.
Explanation:
The business supply chain is the organizational structure that allows the client-supplier integration through the departments, areas and functions that generate and transform a good or service, to be delivered to an end customer according to consumer requirements and standards of the market.
In organizations the supply chain integrates the functional areas:
- Storage of raw material, supplies, equipment, spare parts, inventory in process and finished product.
- Transportation and distribution of raw material from suppliers; from raw material to commercial customers and final consumers; team, technology and human resources.
- Innovation and supply planning; integrates demand gliders, operation training, input resources, raw materials. It includes activities related to purchases, negotiation and payments to suppliers.
- Areas that manage relationships with third parties for outsourced specialized service providers.