Answer:
Explanation:
Provided that the demand is inelastic, there would be an increment in revenue.
Total revenue is calculated as the quantity of a good sold multiplied by its price.
There is a close interrelation between price elasticity of demand and total revenue, in the sense that they deal with the same two variables - which are price and quantity.
If the product has an elastic demand, revenue can be increased by decreasing the price of the good. Q will increase at a greater rate, while P will decrease, thereby, increasing the total revenue.
If the product has an inelastic demand, then the prices of goods can be increased and sold slightly less of that item but a higher revenue must be obtained.
ob topics typically relate to the individual, team and organizational levels of analysis.
Answer:
c. sunk cost.
Explanation:
Because in short run, fixed cost doesn't changes with output, that is whether we produce or not, we have to pay for it, so it is considered as Sunk cost. Also like Sunk cost, we don't make decisions with fixed costs.
Answer:
decreased
Explanation:
As we know that there is a negative relationship between the rate of return i.e. required and the price of the stock. That means if the required rate of return rises, than the price of the stock reduced and vice versa
As in the given situation it is mentioned that the required rate of return increase so the price of the stock is decreased
The same is to be considered
Answer:
INCREMENTAL cost allocation method
Explanation:
Incremental cost allocation method is the ranking of individual users of the cost object in such a way that the order of users most responsible for the common cost and then uses its ranking to allocate cost among those users. So they'd be ranked from primary user to first incremental user to second incremental user and so on until the cost have been assigned to all users. It requires one user to be seen as the primary user/party and other users to be seen as incremental user/party.
