Answer:
Unitary
Explanation:
Price elasticity of demand is demand is defined as a measure of how sensitive quantity of a product demanded is sensitive to changes in price.
Usually an increase in price results in a reduction in quantity demanded, and reduction in price results in an increase in quantity demanded.
Using the midpoint method of calculating price elasticity
Price elasticity = (change in quantity demanded) ÷ (change in price)
Change in quantity demanded = (1000-1250)/(100+1250)/2
Change in quantity demanded = -0.2222
Change in price = (5-4) / (5+4)/2
Change in price = 0.2222
Price elasticity = -0.2222 ÷ 0.2222 = -1
Therefore price elasticity is unitary.
Unitary elasticity means that a a percentage change in price results in equal percentage change in quantity demanded
The type of audience who will likely have the highest lifetime value are People who previously purchased a large number of the website’s products.
<h3>What do you mean by high lifetime value customers?</h3>
A high client lifetime value shows humans shop loads from your store. They seem to be glad about the provider and high-satisfactory so your merchandise should be good.
And importantly, these customers may be brand loyal so you have a risk of developing even more.
Therefore, The type of audience who will likely have the highest lifetime value are People who previously purchased a large number of the website’s products.
Learn more about high lifetime value customers here:
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Answer:
d. increases assets, increases stockholders' equity
Explanation:
The journal entry for earning revenue is shown below:
Cash A/c Dr. XXXXX
To Sales revenue A/c XXXXX
(Being revenue is earned)
Since the revenue is earned so we debited the cash account which increases the asset balance and credited the sales revenue account which increases the stockholders' equity balance.
Answer:
The correct answer is Holistic marketing.
Explanation:
Holistic marketing is a term coined by Philip Kotler, in which the areas of exploration, creation and delivery of the value that a company carries out through the management of relations with all its stakeholders are integrated. This means working with "value" in terms of customer relationships, competition and our network of collaborators.
With this strategy, it is possible to increase the value perceived by all parties, obtaining a high level of quality in the processes and a growth in the share of customers thanks to loyalty. Many times the term is used to refer to 360º (multi-channel) or blended marketing techniques, but in reality it is an expanded value management.
Answer:
Debit Credit
Applied overheads $110,000
Cost of sales (over applied overheads) $4,000
Overhead control account $106,000
Explanation:
Since the estimated overhead amounting to $110,000 are greater than the actual overheads amounting to $106,000, therefore the overheads are overapplied by $4,000.
The journal entry to disposed off the overapplied overheads are given below:
Debit Credit
Applied overheads $110,000
Cost of sales (over applied overheads) $4,000
Overhead control account $106,000
