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asambeis [7]
3 years ago
13

If the demand for donuts is elastic, then a decrease in the price of donuts will a. not change total revenue of donut sellers. b

. increase total revenue of donut sellers. c. There is not enough information to answer this question. d. decrease total revenue of donut sellers.
Business
1 answer:
ad-work [718]3 years ago
5 0

Answer:

B

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes

If demand is elastic and price is decreased, the quantity demanded would increase more than the change in price. As a result, revenue would increase

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QUIZLET Brandon's computer shop is considering two different configuration options. The first one is to have each computer built
natka813 [3]

Answer:

The cross-over point is about 22 computers.

Explanation:

Fixed cost, F = 0

Variable cost = $50

Option B

Fixed cost, F = $1,000

Variable cost, V = $5

Therefore,

Total cost = F + (n × V)

n = no of units

Option A

Total cost TC = 50n

Option B

Total cost TC = 1000 + 5n

We can calculate cross-over point by equalizing two options :

50n = 1000 + 5n

45n = 1000

n = 22.2

The cross-over point is about 22 computers.

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3 years ago
How did madrids tax reforms also aggravate discontent?
ziro4ka [17]
Are there any choices or no??
6 0
4 years ago
A decrease in the fixed asset turnover ratio from 3.0 to 2.2 indicates a.an unfavorable change in the efficiency of using fixed
kakasveta [241]

Answer:

d.an unfavorable change in the efficiency of using fixed assets to generate sales.

Explanation:

Since as we can see in the given situation that there is the reduction in the fixed asset turnover ratio i.e. it is reduced from 3 to 2.2 this means that there is a change i.e. unfavorable or non-favorable with respect to the efficiency of applying the fixed asset in order to producing or generating the sales

Therefore the option d is correct

6 0
3 years ago
How many economic impact payments were there in 2021.
olga2289 [7]

Answer:

three Economic Impact Payments

Explanation:

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6 0
3 years ago
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Answer: <span>Maastricht Treaty</span>
7 0
3 years ago
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