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2 years ago

2) Company issues

Business

1 answer:

nika2105 [10]2 years ago

6 0

Answer:

Advertisement.

Explanation:

An advertisement can be defined as a strategic process or technique which is typically used to bring an announcement, information or notice to the general public.

This ultimately implies that, an advertisement is a means of communication through the use of mediums such as newspapers, blogs, magazines, television, radio, flyers, pamphlets, etc., to bring a specific information or announcement to the general public.

Generally, advertisements are considered to be a form of promoting an idea, product and services.

Hence, company issues advertisement to invites its members to subscribe for its Deposit scheme.

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While visiting a coffee shop, you see a poster advertising a concert for a music group you'd love to see. You notice there's an

Dennis_Churaev [7]

Answer:

b. Smartphone

Explanation:

Smartphones are the hybrid versions of mobile phones, having more features that enables it to run different applications and tasks with the aid of applications such as browsers, multimedia, gps etc.

Smartphone devices are able to read informations or data stored on NFC tag.

8 0

3 years ago

Country A and Country B both recorded an increase in real GDP of 5 percent per year from 1980 to 2012. During this time, the pop

Murljashka [212]

Answer:

D) per capita GDP decreased for country A only

Explanation:

Per capita GDP is calculated by dividing total GDP by the total population of the country. If the population of the country grows faster than its GDP, then its GDP per capita will decrease.

For example, country A's GDP is $100, and it has 20 citizens, so its GDP per capita for year 1 = $100 / 20 = $5. If the economy grew by 4% and the population grew by 5%, then the GDP per capita on year 2 will = $104 / 21 = $4.95.

4 0

2 years ago

Suppose the own price elasticity of demand for good X is -3, its income elasticity is -2, its advertising elasticity is 4, and t

Andrew [12]

Answer:

a. 21 percent

b. -20 percent

c. -8 percent

d. -8 percent

Explanation:

Own price elasticity = -3

Income elasticity = -2

Advertising elasticity= 4

Cross price elasticity = -2

Formula for elasticity is given by,

$Elasticity = \frac{Percentage change in Quantity}{Percentage change in factor}$

a. When price of good X decreases by 7 percent.

$Elasticity = \frac{Percent change in quantity}{Percent change in own price}$

$-3 = \frac{Percent change in quantity}{-7}$

$Percent change in quantity = (-3) * (-7) = 21$

Thus, as price decreases by 7% quantity rises by 21%.

b. The price of good Y increases by 10 percent.

$Corss- price elasticity = \frac{Percent change in quantity}{Percent change in Price of good Y} \\ -2 = \frac{Percent change in quantity }{10} \\Percent change in quantity = (-2) * (10) \\ = -20$

Thus, as price of good Y increases by 10 percent, demand for good X falls by 20 percent.

c. Advertising decreases by 2 percent.

$Elasticity = \frac{Percent change in quantity}{Percent change in advertising} \\4 = \frac{Percent change in quantity }{-2} \\Percent change in quantity = (-2) * (4) \\ = -8$

Thus, a 2 percent decline in advertising will lead to a 8 percent fall in quantity of good X.

d. Income increases by 4 percent.

$Income elasticity = \frac{Percent change in quantity }{Percent change in income}\\-2 = \frac{Percent change in quantity}{4} \\Percent change in quantity = (-2) * (4) \\ = -8\\$

Thus, when income increases by 4 percent, quantity decreases by 8 percent.

5 0

2 years ago

When demand is inelastic and price is decreased:

REY [17]

Answer:

The correct answer is letter "C": the effect of the decrease in price on total revenue dominates the effect of the increase in quantity demanded on total revenue; overall total revenue declines.

Explanation:

Goods or services have inelastic demand when changes in prices do not affect their quantity demanded. If prices decrease or increase, the quantity demanded will remain at the same level or the change will be so minimal that it is not perceived. It is said then that <em>the decrease in price dominates the effect of the changes in quantity demanded. </em>

However, <em>if prices decrease and the quantity demanded remains the same, the company's overall revenue will decrease.</em>

6 0

3 years ago

The dry cleaning business can be characterized as a perfectly competitive industry because the costs of entry are low and there

algol13

Answer:

The correct answer is option (d)

Explanation:

From the given question which is described as follows:if the disposal of this pollutant is unregulated, then which of the following statements about the dry cleaning market are correct

The following statements are true if the negative externality or external has not been considered which would mean there is an overproduction at a price less or lesser than the true cost. This is to say that, the marginal social cost is greater than marginal private costs

Note: Kindly find an attached diagram that is apart of a solution to this question

8 0

3 years ago