Answer and Explanation:
Relationship between price and demand:
D = (2400 - p)/(0.100)
p = 2400 - 0.100*D
then:
Total revenue = p*D
= 2400*D - 0.100*D^2
for a maximum revenue:
dR/dD = 0
2400 - 0.100*2D = 0
D = 12000
this is considered a demand
for maximum profit, the initial cost of automobile engines should be less required.
Answer:
its either 'a net worth statement' or 'a budget'
Explanation:
Answer:
D. You shop around and buy a pair of the exact same designer jeans at a thrift shop, and they cost virtually nothing.
Explanation:
Good money burn refers to the effective use of money, rather than just spending it on some useless stuff.
Here in the given instance the following is the explanation for the given instance:
Option A states that the jeans is just bought for completing the desire, it does not have any difference in the product even if the product can be bought on sale after some days.
Option B is still better than the first day.
Further in option c buying the jeans without any label might not be a good decision as it might have poor quality.
Option D is the best as it is the same jeans but at the least possible cost.
Answer: Information Format.
Explanation:
Information Format refers to the manner in which an information is arranged when being passed onto the public. Justin at his place of work is in charge of how the information being passed out is arranged.
Answer: high
Explanation:
The price elasticity of demand can be used to determine how an increase in price will affect demand. A higher price will cause a reduction in demand, so it is necessary to carefully work out price elasticity before trying to increase revenue.
The current demand should be sufficiently high to justify the lowered demand when a price increase is put into effect.
