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sp2606 [1]
3 years ago
15

Suppose the price of movie tickets decreases by 4%, causing the quantity demanded of popcorn to increase by 10%. What would the

cross-price elasticity for movie tickets and popcorn be in this example
Business
1 answer:
9966 [12]3 years ago
8 0

The cross-price elasticity for movie tickets and popcorn is 2.5.

Cross price elasticity measures how quantity demanded of good A changes as a result of a change in the price of good B.

Cross price elasticity -= percentage change in the quantity demanded of good A / percentage change in the price of good B

Cross price elasticity = percentage change in the quantity demanded of popcorn / percentage change in the price of movie tickets

10% / 4% = 2.5

To learn more about cross price elasticity, please check: brainly.com/question/13538185

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The Busby Corporation had a share price at the start of the year of $26.20, paid a dividend of $0.56 at the end of the year, and
Westkost [7]

Answer:

D) 13%

Explanation:

Calculation for the percentage that is closest to the rate of return of investments

First step is to find the balance amount of the share price using this formula

Share price =(End of the year Share price + End of the year dividend)-Start of the year Share price

Let plug in the formula

Share price =($29.00+$0.56)-$26.20

Share price =$29.56-$26.20

Share price =$3.36

Second step is to find the rate of return of investments

Using this formula

Rate of return of investments= Share price/Start of the year Share price

Rate of return of investments

Let plug in the formula

Rate of return of investments=$3.36/$26.20

Rate of return of investments=0.13*100

Rate of return of investments=13%

Therefore the percentage that is closest to the rate of return of investments in companies with equal risk to The Busby Corporation for this perio will be 13%

4 0
3 years ago
The Net Promoter Score measures:​ Group of answer choices the degree to which a viewer promotes the product.​ ​revisits to the p
marysya [2.9K]

<u>Answer</u>:

The Net Promoter Score measures:​ (A) the degree to which a viewer promotes the product, (C) satisfaction and its (D) ​loyalty.

<u>Explanation</u>:

Net Promoter Score or NPS is a variety of index that is given to the customers of a product or service by the brands to know how they feel about the product and the brand. Primarily, the NPS is concentrated on understanding how much the customer is willing to promote or recommend the company's product or service to others. Additional fields that the NPS targets are customer satisfaction and how much the customers are loyal to the brand.

Hence, alternatives A, C, and D are correct for the Net Promoter Score.

5 0
4 years ago
Describe four signs that help indicate when ABC systems are likely to provide the most benefits. ​(Select the four statements th
iris [78.8K]

Answer:

C. Significant amounts of indirect costs are allocated using only one or two cost pools.

D. All or most indirect costs are identified as output​ unit-level costs.

E. Products make diverse demands on resources because of differences in​ volume, process​ steps, batch​ size, or complexity.

F. Products that a company is well suited to make and sell show small​ profits, whereas products that a company is less suited to produce and sell show large profits.

Explanation:

ABC (activity based costs) method focuses on individual activities as the main cost objects. After it determines the cost of individual activities, it uses them as the basis for assigning costs to products and services. ABC method allocates overhead costs based on the main cost objects.

7 0
3 years ago
Question help using​ ________ may cause a manager to reject a project that may be profitable to the company as a whole
mr Goodwill [35]
The answer is <span>ROI
If the manager is evaluated based on Return on Investment, that manager will be very likely to reject every projeccts which return is below a certain departement standard no matter if that project is profitable for the company in the fear of being replaced by those who show better numbers.</span>
7 0
3 years ago
Read 2 more answers
On February 15, Jewel Company buys bonds of Marcelo Corp. for $200,000. The investment is classified as available-for-sale secur
Vlada [557]

Answer:

D. Debit Fair Value Adjustment-Available-for-Sale $300; credit Unrealized Gain-Equity $300

Explanation:

The journal entry to record the year-end adjustment is as follows

Fair Value Adjustment-Available-for-Sale $300 ($200,300 - $200,000)

            To Unrealized Gain-Equity $300

(Being year-end adjustment is recorded)

The available for sale securities would be at fair market value

Therefore the unrealized gain would be $300

hence, the correct option is d.

7 0
3 years ago
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