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vaieri [72.5K]
3 years ago
12

Question 15 Multiple Choice Worth 5 points)

Business
1 answer:
Fiesta28 [93]3 years ago
7 0
Answer:

She filled for bankruptcy last year.
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A company estimates that it can sell 5,000 headphone each week if it prices each set of headphones at $20. However, its weekly n
nadezda [96]

Answer:

At what price is revenue maximum?

  • $13 and $12 per unit (maximum revenue $156,000)

What is the maximum revenue and how many sets of headphones should the company expect to sell?

  • $156,000

Write your conclusions in a sentence.

  • When the price is higher than $12 per unit, demand is elastic, which means any decrease in price will result in a larger proportional increase in quantity demanded. This in turn increases total revenue. Below $12 per unit, demand is inelastic, which means that a decrease in price will result in a smaller increase in quantity demanded.

Explanation:

price            quantity demanded       total revenue

$20                            5000               $100000

$19                            6000               $114000

$18                      7000                 $126000

$17                      8000                 $136000

$16                      9000               $144000

$15                      10000               $150000

$14                      11000               $154000

<u>$13                      12000               $156000 </u>

<u>$12                      13000               $156000 </u>

$11                             14000               $154000

$10                      15000               $150000

$9                      16000               $144000

$8                      17000               $136000

$7                      18000               $126000

$6                      19000               $114000

$5                      20000       $100000

$4                       21000        $84000

3                       22000        $66000

2                       23000        $46000

1                       24000        $24000

4 0
3 years ago
If a certain country considered handshakes in business transactions to be taboo and preferred to use nodding, this would be an e
MAVERICK [17]

Answer: Cultural forces

Explanation:

This is an influencing system which exist within certain population that steer business practices and/or purchasing behavior.

8 0
3 years ago
어떻게 우리를 괴롭히는 그만 할 수 있어요?​
Tamiku [17]

Answer:

저도 몰라요

Explanation:

6 0
3 years ago
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If the price of gasoline increases, most likely, ceteris paribus, the result will
avanturin [10]

Answer:

A

Explanation:

4 0
3 years ago
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Leigh has three children but has not written her will which danger will she more than likely face if she dies without a will?
labwork [276]
Her children will not inherit any of her assets
4 0
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