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
jarptica [38.1K]
3 years ago
5

You own a small store. your cashier thinks you should raise prices to increase your total revenue and your customer thinks you s

hould lower prices to increase your total revenue. the cashier thinks the price elasticity of demand is ________ and the customer believes the price elasticity of demand is
Business
1 answer:
Natasha_Volkova [10]3 years ago
7 0

Based on the scenario above, the customer thinks the price elasticity if demand is inelastic and that the customer believes that the price elasticity of the demand is elastic. Elastic is being defined as a way of having buyers and sellers to change in regards to price change for a certain good or service while inelastic is being defined as the supply or quality being demanded is not being affected.

You might be interested in
Disney and other global firms have successfully bridged the cultural gap by producing advertising that appeals to the same targe
NeX [460]

Answer:

a, b

regions and countries.

Explanation:

Often termed <u>global marketing strategy</u>, involves bridging the cultural gap by producing advertising that appeals to countries from several different regions in the world.

Disney is a good example of a company that uses a global marketing strategy, another example is Coca-cola because of irrespective of the regions they produce products that appeal to their consumers.

3 0
3 years ago
On an average day, Campus Cafe receives $26,482 in checks from customers. These checks clear the bank in an average of 1.3 days.
jasenka [17]

The highest daily fee to eliminate collection float is $551 (approx). According to the given information, the highest daily fee that should be paid to eliminate the collection float is $550.82 which is approx $551.

<h3>What is a Collection Float?</h3>

Collection Float refers to an asset that is currently in a state of transition. It is used in two contexts:

  • Concerning the Shares
  • Concerning the Bank Deposits    

Given,

Average Daily Receipt = $26,482

Average clearing days = 1.3 days

Daily Interest Rate = 0.016%

Required to Calculate = Highest daily fee to eliminate collection float

Calculation,  

Highest daily fee collection float = Average daily receipt x Average clearing days x daily interest rate.

                                                        = $26,482 x 1.3 x 0.016%

Highest daily fee to eliminate  collection float = $550.8 which is $551 (approx).

Thus, According to the given information, the highest daily fee that should be paid to eliminate the collection float is $550.82 which is approx $551.

Learn more about Collection Float here:

brainly.com/question/14253771?referrer=searchResults

#SPJ1

   

5 0
2 years ago
Rudyard Corporation had 160,000 shares of common stock and 16,000 shares of 8%, $100 par convertible preferred stock outstanding
snow_lady [41]

Answer:

Diluted EPS = $3.0625

Explanation:

Earning per share (EPS) = earnings available to ordinary shareholders/ number of ordinary shares  possible after conversion

Conversion of preferred stock into common stock

= 16,000 × 5 = 80,000

Number of ordinary shares = common stock + converted preferred stock

= 160000+ 80000  =240,000 units

                                                                     $

Net Income                                             520,000

Preferred dividend (8%×100×16000)     (<u>128000) </u>

Earnings available to shareholders     <u>  392000 </u>

Number of shares                                   240,000

Diluted Earnings per share          

        392,000/240,000= $3.0625

Diluted EPS = $3.0625

                     

5 0
3 years ago
Environment-related opportunities for service include:
andreyandreev [35.5K]

Answer:

1) Reduce the use of water

2) Reusing plastic items

3) Recycle

4) Reduce the use of electricity

5) Planting/gardening

6) voluntarily doing 1 - 5

3 0
3 years ago
A cost associated with renting would be:
attashe74 [19]
The correct answer is C. title insurance
5 0
4 years ago
Other questions:
  • Eileen transfers property worth $200,000 (basis of $190,000) to Goldfinch Corporation. In return, she receives 80% of the stock
    12·1 answer
  • Below are amounts (in millions) from three companies' annual reports. beginning accounts receivable ending accounts receivable n
    8·1 answer
  • If I want a structure and it has to much weight.How do I make it were it can hold more weight?
    6·1 answer
  • Qwan, a U.S. corporation, reports $250,000 interest expense for the tax year. None of the interest relates to nonrecourse debt o
    14·1 answer
  • The Horstmeyer Corporation commenced operations early in 2021. A number of expenditures were made during 2021 that were debited
    11·1 answer
  • Harris Company had checks outstanding totaling $15,400 on its May bank reconciliation. In June, Harris Company issued checks tot
    7·1 answer
  • Dave Ryan is the CEO of Ryan's Arcade. At the end of its accounting period, December 31, Ryan's Arcade has assets of $643,800 an
    10·1 answer
  • with the advent of modern society here is no longer a concern for basic needs and man is free to pursue every want? T/F
    6·1 answer
  • The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31, are as fo
    12·1 answer
  • Poppy is interested in computer networking. What online resource can she use to find out the education and training for this car
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!