1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
andrew11 [14]
3 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]3 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.

You might be interested in
Analysis of sales performance records helps marketers to find clues to potential problems.
Alla [95]
That will be call sales analysis, analysis of sale performance records helps marketers to find clues to potential problem
3 0
3 years ago
hailey corporation pays a constant $13.50 dividend on its stock. the company will maintain this dividend for the next 8 years an
Elena-2011 [213]

The current share price is approximately $69.47

<h3>What is the Share price?</h3>
  • The cost of one share of a group of marketable equity shares of a firm is known as the share price.
  • Simply put, the stock price is either the lowest possible price or the maximum price someone is ready to pay for the stock.
  • Analysts estimate the behavior of asset prices, especially share prices in stock markets, using random walk approaches in economics and financial theory.
  • The share price method is predicated on the idea that investors behave logically and impartially and constantly appraise the value of an asset based on expectations for the future.
  • In such a scenario, the price is influenced by all available information and is only subject to alteration in response to the release of new information.

Share price = $13.5 × Present value of annuity factor(11%,8)

Share price =$13.5 × 5.146122761

Share price =$69.47(Approx).

Hence, the current share price is approximately $69.47

To learn more about Share price from the given link

brainly.com/question/28546868

#SPJ4

5 0
1 year ago
Consumers sell goods or services for a profit.<br><br> True<br> False
Alenkinab [10]
The answer is True. because in Economics when the MC is equal to ATP the seller losses and leave the market.
Also profit motivate seller.
3 0
3 years ago
The advantage of having many potential suppliers is their willingness to A. provide technical expertise. B. participate in JIT.
Stolb23 [73]

Answer:

d

Explanation:

the more the suppliers the more the competition would be among suppliers to gain customers. As a result, they would offer lower prices in the short run to customers to gain them.

In the long run, suppliers would leave the oversaturated industry and equilibrium would be restored.

6 0
3 years ago
Question 7 of 10
Ipatiy [6.2K]
D is the answer I’m sure of it
4 0
2 years ago
Other questions:
  • Your customer purchases FYZ 4% convertible preferred stock at $60 per share. The conversion price is $10. With the common stock
    5·1 answer
  • I identify the different names given to the income statement.
    5·1 answer
  • Kristi purchases an annuity that will pay her husband an income for 15 years. if he dies, this income will become payable to the
    7·1 answer
  • Patricia deposited $350 in a savings account with two percent simple interest. If she keeps it in the account for one year, how
    15·1 answer
  • The marginal-cost curve intersects the average-total-cost curve at the output level where average fixed costs are zero.
    8·1 answer
  • Novak Corp. has 7400 shares of 6%, $50 par value, cumulative preferred stock and 148000 shares of $1 par value common stock outs
    6·1 answer
  • Palmetto regional hospital has designed an upcoming research project for determining the best methods for improving patient care
    8·1 answer
  • Tina's Track Supply's market-to-book ratio is currently 4.5 times and the PE ratio is 10.5 times. If Tina's Track Supply's commo
    12·1 answer
  • On December 31, 2017, Jerome Company has an accounts receivable balance of $316,000 before any year-end adjustments.
    5·1 answer
  • Machinery was purchased for $340,000 on January 1, 2017. Freight charges amounted to $14,000 and there was a cost of $40,000 for
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!