Answer:
A) 3% decrease in the quantity demanded of pineapple.
Explanation:
We know that the demand curve is negative, which means that as price of a product increases, its demand will decrease.
In unitary elasticity(1) the change in demand means that the change in quantity demanded will be the same. A 0.75 elasticity will thus mean that the quantity demanded will change by a factor of 0.75 as compared to the change in price.
Therefore when the price of pineapple increases by 4%, the quantity demanded will decrease by 4 * 0.75 = 3%
Answer:
All the options given are examples of investment.
Explanation:
Savings are what an individual has left after their spending has been deducted from their disposable income. Savings can increase income by investing the money saved. Investment is an item or asset gotten with aim of generating income. An investment simply means buying goods that are not for immediate consumption but generation of income.
All the options provided are investment examples. A certificate of deposit is given by the bank to an individual after a certain amount of money has been deposited and it generates interest. Also building a cabin , a laboratory and buying stock are investments.
Answer:
Positioning
Explanation:
Market positioning means the capability to develop a perception of a consumer. In this, the competitive advantage plays an important which enables the firm to become differentiate with that of the competitor with respect to the brand or product in which the firm is dealing. It is a motive to create an image of a brand
Therefore according to the given situation, the positioning is the right answer
Answer:
1. Under command-and-control regulation, the government will sometimes specify the technology that firms must use in production. TRUE, e.g. currently the US government banned Huawei from providing 5G technology in the US due to security concerns even though that provides the best 5G technology in the world.
2. The government may decide on a specific amount of pollution that firms can legally emit. TRUE, the EPA sets the standards and companies must follow them, whether they are too high or too low maybe subject to an extensive debate.
3. A limitation of a command-and-control regulation is that firms have no incentive to remove pollution once they are within the legal pollution limits. TRUE, if the company is complying with current regulation, then that is all it needs to keep functioning without any problem.
4. Command and control situations are always the best option when it comes to reducing the amount of pollution. FALSE, when is the government or Congress the most efficient at doing something. Efficiency is not a characteristic of any government entity.
5. Command-and-control is more flexible than market-based regulation. FALSE, the terms command and control should give you an idea that government intervention can be anything but flexible.
6. A command-and-control regulation is subject to political considerations. TRUE, command and control regulation is set up by government agencies or Congress and both are political entities by definition. E.g. some governments impose harder environmental controls through the EPA, others impose softer or no controls at all.
Answer:
Purchases= $252,000
Explanation:
Giving the following information:
Sales= $400,000
Cost of goods sold equal to 65 percent of sales.
Beginning inventory= $80,000
Ending inventory= $72,000
To calculate the purchase required, we need to use the following formula:
Purchases= sales + desired ending inventory - beginning inventory
Purchases= (400,000*0.65) + 72,000 - 80,000
Purchases= $252,000
