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andrew11 [14]
2 years ago
8

A shop sells 20 hats per week at $10 each. When it increases the price to $12, the number of hats sold falls to 15 per week. We

can conclude that: The elasticity of demand can be estimated as Answer
Business
1 answer:
kipiarov [429]2 years ago
7 0

Answer:

Estimated as Elastic Demand

Explanation:

Elastic demand is where a change in price causes a significant change in demand, therefore 20 hats to 15 hats can be considered significant and we can conclude that it's elastic demand.

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If a car company collaborated with a sheet metal supplier, the car company would be the supplier's ______. Multiple choice quest
kotykmax [81]

A car company would be called a <u>supplier's corporate partner</u> if its collaborated with a sheet metal supplier.

<h2>What is corporate partner?</h2>

A corporate partnership means a beneficial relationship between two separate company for specific purpose.

Here, the car company and sheet metal supplier are corporate partners because they have a specific purpose they serve there selves.

In conclusion, the car company would be called a <u>supplier's corporate partner</u> if its collaborated with a sheet metal supplier.

Read more about corporate partnership

<em>brainly.com/question/14034519</em>

8 0
2 years ago
In a pure market economy: Question 8 options: A) production is determined by the interaction of supply and demand. B) the prices
LenaWriter [7]

Answer:

A) production is determined by the interaction of supply and demand.

Explanation:

A  pure market economy is an economy where production decisions are made by the forces of demand and supply. there is no intervention of the government in production decisions

Characteristics of a  pure market economy

  • Private ownership of means of production
  • freedom of choice. Producers are free to produce what they desire
  • competition among producers
  • no government intervention.

4 0
3 years ago
Rachel sells 100 shares short at $43. The sale requires a margin deposit equal to 60 percent of the proceeds of the sale. If the
andrew11 [14]

Answer:

23.25%; 62.01%

Explanation:

(a) Amount received:

= No. of shares × selling price

= 100 × $43

= $4,300

Sales deposit = 60% of Amount received

                        = 0.6 × $4,300

                        = $2,580

Amount paid = No. of shares × Purchase price

                      = 100 × $49

                      = $4,900

Therefore, Loss = $4,900 - $4,300

                           = $600

(b) If buys at $27, then

Amount paid = $27 × 100

                     = $2,700

Profit = $4,300 - $2,700

         = $1,600

Loss on investment:

= ($600 ÷ $2,580) × 100

= 23.25%

Profit on investment:

= ($1,600 ÷ $2,580) × 100

= 62.01%

7 0
3 years ago
A paid advertisement for the Texas Department of Economic Development, Tourism Division, invited readers of a magazine to mail i
lawyer [7]

Answer: Lead generation  

     

Explanation: In simple words, lead generation  refers to the process under which an entity tries to make their potential customers interested in their product for the first time. It can also be seen as the initiating step in building the customer base.

In the given case, the Texas department is trying to attract tourists to visit their state. It is the first time they are trying to do so by inviting the readers of magazines.

Hence from the above we can conclude that the primary purpose of their ad was lead generation.

4 0
2 years ago
david wants to know if his company's resources are being used in the best, most productive manner in order to achieve company go
abruzzese [7]

David wants to know if his company’s resources are being used in the best, most productive manner in order to achieve company goals. David wants to know his organization’s efficiency.

<h3>What is the significance of the organization’s efficiency?</h3>

Organizational efficiency of an organization mainly examines and determines how to increase the productivity of an organization by using a specific amount of resources.

Organization’s efficiency plays a very significant role in the smooth and effective operations of the firm as it helps the organization achieving the objectives.

Basically, the efficiency of an organization completely depends on its employees, resources, goals and objectives.

Learn more about organization’s efficiency here:-

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#SPJ4

7 0
1 year ago
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