1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gogolik [260]
3 years ago
12

The price elasticity of demand for senior citizens purchasing coffee from McDonald's is −5, while non-senior citizens have a pri

ce elasticity of demand equal to −1.25. If it costs McDonald's $0.02 to produce a coffee, the optimal price for a cup of coffee for non-senior citizens and the resultant marginal cost under third-degree price discrimination are:_______.A) $0.004 and $0.02.B) $0.02 and $0.80.C) $0.10 and $0.02.D) $10 and $0.20.
Business
1 answer:
alekssr [168]3 years ago
8 0

Answer:

$0.10 and $0.02. is correct answer

Explanation:

Given:

Elasticity = - 5

Demand = -1.25

Computation:

-e = p / [p-mc]

5 = p / [p-0.02]

5p - 0.1 = p

p = 0.025

for new senior citizen;

1.25 = p / [p-0.02]

p = 0.1

So,

$0.10 and $0.02. is correct answer

You might be interested in
Bridgette wants to start a corporation. She is looking for a state in which to incorporate. If she incorporates in the state wit
VladimirAG [237]

<u>Full question:</u>

Bridgette wants to start a corporation. She is looking for a state in which to incorporate. If she incorporates in the state with laws that favor corporate management, where many corporations have incorporated, she will select:

a. Florida.

b. Delaware.

c. Michigan.

d. Colorado.

<u>Answer:</u>

If she incorporates in the state with laws that favor corporate management, where many corporations have incorporated, she will select:  Delaware

<u>Explanation:</u>

When deciding to begin a business one is expected to accept a pattern of a business unit. Delaware is where several businesses have consolidated. The state of Delaware favors the administration of companies because of their favorable tax rules, as a consequence dragging many businesses to consolidate there. In this state, one can operate a business and experience tax benefits even he or she does not live there.

The state also contributes to powerful business privacy.  Unlike other states, business issues are controlled by specific judges and not judges as done in other states. The state is also favored for its adjustable rules on corporation management as the council and representatives may wish not to live in the state.

7 0
4 years ago
What non-price determinant is causing the curve to shift? choose the specific letter in the correct acronym
jolli1 [7]

The  non-price determinant of the number of sellers in the market is causing the curve to shift

Demand curve shifts occur when demand determinants other than price change. It occurs when the demand for goods and services changes, even if the price does not change.

To understand this, we first need to understand what the demand curve does. Record the demand plan. This is a detailed chart showing the number of units purchased at each price. It follows the law of demand that people buy fewer units as prices go up. Unless nothing else changes, a business principle is called ceteris paribus. This means that all demand determinants other than price must remain the same.

Learn more about Demand Curve here: brainly.com/question/14297698

#SPJ4

7 0
2 years ago
Whether you operate your business from a small office at home or in a large plant environment, it's still referred to as your
zysi [14]
The correct option is C.
An office building refers to a structure that is used primarily for the purpose of conducting business. The office may be large or small, it may be located in a large office environment or in a residential apartment. The basic thing about office building is that, it is the location where administration, clerical services. consulting services and other services related to business take place.  
4 0
3 years ago
Read 2 more answers
When consumers believe that various items provide the same set of attributes, brand _________ results.
IrinaK [193]

When consumers believe that various items provide the same set of attributes, brand recognition results. The degree to which a consumer can correctly identify a specific good or service only by looking at its logo, tagline, packaging, or marketing campaign is known as brand recognition.

An aural cue, such as a jingle or theme tune related to a brand, can also cause brand recognition. For instance, if you see the pink and orange Dunkin Donuts lettering up ahead, you would immediately recognize it as Dunkin Donuts even before you could make out the words. Identify a brand without being explicitly exposed to its name by using visual.

To learn more about brand, click here.

brainly.com/question/18015592

#SPJ4

4 0
2 years ago
What is judiciary and executive?<br>​
Naya [18.7K]
Judiciary is the judicial authorities of a country; judges collectively.
Executive is the person or branch of a government responsible for putting policies or laws into effect.
3 0
3 years ago
Other questions:
  • Which of the following terms is not part of RIASEC? realistic (Doers) investigative (Thinkers) authoritative (Can do Attitude) s
    5·1 answer
  • What are stakeholders?
    9·2 answers
  • At the beginning of last year (2019), Richter Condos installed a mechanized elevator for its tenants. The owner of the company,
    9·1 answer
  • Wells Technical Institute (WTI), a school owned by Tristana Wells, provides training to individuals who pay tuition directly to
    5·1 answer
  • Following is a simple income statement. Match each term with its definition from the drop-down list of choices. Income Statement
    12·1 answer
  • Suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable fut
    11·1 answer
  • For Blossom Inc., variable manufacturing overhead costs are expected to be $21,050 in the first quarter of 2020, with $4,220 inc
    8·1 answer
  • In a particular year, the Haynes Independent School District collects $100 million in property taxes.State law requires that pro
    10·1 answer
  • (02.03 MC)
    11·1 answer
  • I need help please... :) Thank you so much
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!