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AlekseyPX
3 years ago
5

Since there are many different brands of tablet computers to choose from, the elasticity of demand for the tablet market is:

Business
1 answer:
krek1111 [17]3 years ago
5 0

Answer:

a. unitary elastic I believe

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Chiquita produces bananas for an average explicit cost of $0.25 per banana and sells 1 million bananas per week for a price of $
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Answer:

Option (A) is correct.

Explanation:

Given that,

Implicit costs per week = $200,000

Average explicit cost per banana = $0.25 per banana

Per week bananas sold = 1 million

Explicit cost = Average explicit cost per banana × No. of banana sold

                    = $0.25 × 1,000,000

                    = $250,000

Total revenue = No. of banana sold × Selling price of each banana

                        = 1,000,000 × $0.50

                        = $500,000

Accounting profit = Total revenue - Explicit cost

                             = $500,000 - $250,000

                             = $250,000

Economic profit:

= Total revenue - Explicit cost - Implicit costs

= $500,000 - $250,000 - $200,000

= $50,000

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3 years ago
Irene wants to start a business selling t-shirts. irene's top priority is that she alone has complete control over management de
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Funsters, Inc., the largest toy company in the country, sells its most popular doll for $15. It has just learned that its leadin
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Explanation:

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MCQ
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Answer:

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When using punishment, a manager should question 1 options: ignore undesirable behaviors. Save reprimands until the end of the w
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