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finlep [7]
3 years ago
12

Owners of a bowling alley have determined that the price elasticity of demand for bowling by seniors is –3.0, while the price el

asticity of demand for others is –1.8. How much more should others be charged than seniors?
Business
1 answer:
Ksenya-84 [330]3 years ago
4 0
Your answer is -2.8.
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Over the last two years the consumer foods market has shifted toward a desire for healthier foods. The product manager of a brea
Leno4ka [110]

Answer:

Josh needs to find out if the new product is considered and healthy and desirable by the new customers.

Explanation: The focus group is a qualitative method used in marketing for getting a deeper understanding of customer preferences. Is designed to have initial insights before a product goes to market. Essentially, the research team try to identify if potential customers spontaneously associated expected characteristics with the new product, and this trigger the action of buy the product (it is valuable to them). In this case, Josh has to find out if the new cereal is considered healthier, and it is as important for the focus group to buy the cereal.

8 0
3 years ago
Smith Company gives the following information on the financial statements: Net Income $50,000 Preferred Dividends 8,000 Average
ch4aika [34]

Answer: The rate of return on common stockholder’s equity is 23%.

Explanation:

Given that,

Net Income = $50,000

Preferred Dividends = 8,000

Average Common Stockholder’s Equity = 180,000

Average number of Common Shares Outstanding = 250,000 shares

Market Price = $2 per share

Therefore,

Return on equity = \frac{Net\ income - Preferred\ Dividends}{stockholder\ equity}

=  \frac{50000 - 8000}{180000}

= 23%

5 0
3 years ago
A monopolist maximizes profits at the output at which Group of answer choices total revenue is at its greatest, assuming that th
UkoKoshka [18]

A monopolist maximizes profits at the output at which marginal revenue equals marginal cost.

<h3>Who is a monopolist?</h3>

It should be noted that a monopolist simply means an individual that controls the sale of a particular good in the market.

In this case, a monopolist maximizes profits at the output at which marginal revenue equals marginal cost.

Learn more about monopolist on:

brainly.com/question/13113415

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3 0
2 years ago
Read 2 more answers
Kaitlyn purchased one share of Northwest Energy stock for $200; one year later she sold that share for $400. The inflation rate
Law Incorporation [45]

Answer:

The tax on Kaitlyn's capital gain was $100

Explanation:

In order to calculate the tax on Kaitlyn's capital gain we would have to calculate first the Nominal capital gain as follows:

nominal capital gain=$400 - $200

nominal capital gain= $200

Therefore,  tax on Kaitlyn's capital gain= tax percentage×nominal capital gain

                                                                =50%×$200

                                                                =$100

The tax on Kaitlyn's capital gain was $100

6 0
3 years ago
Scenario D. Jimena works for a small company that makes nut butters from ingredients like cashews and macadamia nuts, and jams f
s2008m [1.1K]

Answer:

D. best-case scenario.

Explanation:

This is true because, there are two scenarios involved in the production- Jimenas' company's production method and Spicy Sides company's method. She is trying to compare the two production methods and comes up with the best case scenario that leads to low cost of production.

8 0
3 years ago
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