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2 years ago

Due to inflation and shortages created by supply chain shortages, the price of Paco Rabanne's Eau de Toilette Spray increased

Business

1 answer:

Darya [45]2 years ago

5 0

The sales of Paco Rabanne's Eau de Toilette Spray would fall by 11.25%.

<h3>What is the price elasticity of demand?</h3>

The price elasticity of demand measures the impact of price changes on the quantity demanded of good. When t the price elasticity of demand is less than 1, demand is inelastic.

Percentage change in the quantity demanded = price elasticity x percentage change in price

12.5% x 0.9 = 11.25%

To learn more about supply elasticity, please check: brainly.com/question/26634801

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In Opulencia, the marginal propensity to save is only 0.10. In an effort to promote the virtues of saving, the government starts

77julia77 [94]

Answer:

A greater saving will reduce the impact of the multiplier.

Explanation:

A multiplier generally refers to the factor that amplifies or increase the initial change of something else.

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Since addition of marginal propensity to consume (MPC) and marginal propensity to save (MPS) is equal to 1, the formula for calculating a multiplier can be stated as:

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2 years ago

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3 years ago

Prior to the advent of the internet, which media grew faster than any other advertising medium in history?

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3 years ago

Jorgansen Lighting, Inc., manufactures heavy-duty street lighting systems for municipalities. The company uses variable costing

user100 [1]

Answer:

The absorption costing NOI (net operating income) of Year 1

Change in inventory = Beginning Inventory - Ending Inventory

= 200 units - 170 units

= 30 units

Fixed Manufacturing Overhead Beginning = Beginning Inventory units * Fixed manufacturing overhead per unit

= 200 units * $560

= $112,000

Fixed Manufacturing Overhead Ending = Ending Inventory units * Fixed manufacturing overhead per unit

= 170 units * $560

= $95,200

Deferred in/(release) =Fixed Manufacturing Overhead Ending - Fixed Manufacturing overhead Beginning

= $95,200 - $112,00

= -$16,800

Absorption Costing NOI = Variable Costing NOI + Fixed manufacturing overhead from inventory deferred during the period

= $1,012,400 + -$16,800

= $1,063,000

The absorption costing NOI (net operating income) of Year 2

Change in inventory = Beginning Inventory - Ending Inventory

= 170 units - 180 units

= -10 units

Fixed Manufacturing Overhead Beginning = Beginning Inventory units * Fixed manufacturing overhead per unit

= 170 units * $560

= $95,200

Fixed Manufacturing Overhead Ending = Ending Inventory units * Fixed manufacturing overhead per unit

= 180 units * $560

= $100,800

Deferred in/(release) =Fixed Manufacturing Overhead Ending - Fixed Manufacturing overhead Beginning

= $100,800 - $95,200

= $5,600

Absorption Costing NOI = Variable Costing NOI + Fixed manufacturing overhead from inventory deferred during the period

= $1,032,400 + $5,600

= $1,038,000

The absorption costing NOI (net operating income) of Year 3

Change in inventory = Beginning Inventory - Ending Inventory

= 180 units - 220 units

= -40 units

Fixed Manufacturing Overhead Beginning = Beginning Inventory units * Fixed manufacturing overhead per unit

= 180 units * $560

= $100,800

Fixed Manufacturing Overhead Ending = Ending Inventory units * Fixed manufacturing overhead per unit

= 220 units * $560

= $123,200

Deferred in/(release) =Fixed Manufacturing Overhead Ending - Fixed Manufacturing overhead Beginning

= $123,200 - $100,800

= $22,400

Absorption Costing NOI = Variable Costing NOI + Fixed manufacturing overhead from inventory deferred during the period

= $996,400 + $22,400

= $1,018,800

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2 years ago