The price elasticity of baseball bats is −0.77, this indicates that the demand for bats tends to inelasticity. Therefore, if the manager wants to dispose of his inventory, he would advise you not to lower the price because it would cause a decrease in income. He could raise the price and earn more since being an inelastic demand, the quantity demanded would not be modified as much as the price would change.
To calculate free cash flow, locate the income statement and balance sheet. Start with net income and add back charges for depreciation and amortization. Make an additional adjustment for changes in working capital, which is done by subtracting current liabilities from current assets. Then subtract capital expenditure (or spending on plants and equipment)
The individuals or households that want goods and services for personal consumption or use, and have the resources to buy them are part of the consumers
<h3>Who are the consumers?</h3>
Consumers are known as the end users of any produced goods and services. They are crucial in the logistics chain in order to keep production running.
They are the set of individuals that want goods and services for their daily use and consumption purposes.
Learn more on consumers here: brainly.com/question/1213062
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<u>Answer:</u>
A firm’s positioning statement should address their target segment. Anything else they’ll say in the positioning statement will have "no" meaning to customers who are not in that segment.
<u>Explanation:</u>
A comprehensive overview of individual's target market as well as a clear image of how one want the audience to view an individual's brand, thus understood as "positioning statement". Any promotional and advertising decision one make about an individual's brand will comply with their positioning statement and endorse this.
For example, Nike's positioning statement is "Nike builds confidence for serious athletes that provides the perfect shoe for any sport."The concept of the Positioning Statement consists of four parts:
- the target,
- the category,
- the differentiator and
- the payoff.
Answer:
Limited partnerships
Explanation:
They are limited partnerships because some of the partners only contribute financially and have liability only to the amount of their investments.
Venture capital firms provides funding for startups or companies in their early stages that they think have high growth prospects or have shown great prospects.
