Let
z----------------- > Price Elasticity
x----------------- > % Change in Quantity
y----------------- > % Change in Price
we Know that
Price Elasticity = (% Change in Quantity) / (% Change in Price)----> z=x/y
z=-2
y=-10%
x= <span>?
</span>z=x/y---------------- > x=z*y=(-2)*(-10)=20 %
% Change in Quantity=20%
Part A) how many pizzas will he sell if he cuts his price by 10%?
He will sell (500 +20 %)----------> 500*1.2=600 pizzas per week
the answer part A is 600 pizzas per week
Part B) <span>how will his revenue be affected?
<span>initial revenue per week
</span>500 pizzas*</span><span>$20 =$10000
final revenue per week
(500 pizzas+20%) *(</span>$20-10%)=600 pizzas*$18=$10800
$10800-$10000=$800
<span>
the answer part B is
His revenue </span><span>will increase $800 per week</span>
Answer: Option A
Explanation: In simple words, baseline can be define as the level of some activity that can be considered as the average or normal performance level and be set as a criteria for future purposes. It is seen as an expected performance that will occur every time activity will be performed.
A baseline is a fixed reference point which is not changed occasionally. A base line works as a core factor in planning process as all the objectives will be set according to the baseline determined.
Hence the correct option is A.
Answer:
correct answer is A) line extension
Explanation:
solution
correct answer is line extension because in line extension method product is publicize for goods or services under name of well established company so their order to increase the profit
they make change the variety and their flavor
as that Coca Cola Company expand their new Coke options
so correct option is A) line extension
<u>Answer:</u>
All of the following are business-level cooperative strategic alliances EXCEPT D) Synergistic strategic alliances.
<u>Explanation:</u>
Business-level Cooperative strategies are used by the firms when they want to grow and improve the performance in the market of individual products. All this is achieved through various strategic alliances: Complementary Strategic Alliance, Competition-response, Uncertainty-reducing, and Competition-reducing strategic alliance. These alliances help overcome various problems of a business in the corporate world.
After listing all these strategies, it is clear that a Synergistic strategic alliance is not a part of business-level cooperative strategic alliances which means that option D is the correct choice.
Synergistic strategic alliance is a kind of agreement among business entities where they can work together to increase their overall output.
