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ivolga24 [154]
2 years ago
15

You are the manager of a popular hat company. You know that the advertising elasticity of demand for your product is 0.25. How m

uch will you have to increase advertising in order to increase demand by 5 percent?
Business
1 answer:
Inessa [10]2 years ago
3 0

Answer:

20%

Explanation:

if the advertising elasticity = 0.25 and you want to increase the quantity demanded by 5%, you will need to increase advertisement by = 5 / 0.25 = 20%

The advertising elasticity measures how much does a change in advertising changes the quantity demanded of a product or service.  

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What is the importance of training in profession?​
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2 years ago
Billie Bradford worked for the Kentucky Department of Community Based Services (DCBS). One of Bradford’s co-workers, Lisa Stande
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Answer:

1. sexual

2. gender

3. quid pro quo

4. a) was not; b) did not

5. pattern

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7. yes

8. yes

Explanation:

Stander´s conduct was sexually offensive because the coworker repeatedly complained about the situation. Also you can see a pattern because Stander´s behavior cannot be counted as a single event, but occured on various occasions.

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2 years ago
In one year, you meet 52 people who are each unemployed for one week and eight people who are each unemployed for the whole year
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Short term = 52/60 = 86.7%

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4 0
3 years ago
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As new firms enter a competitive price-searcher market, profits of existing firms Group of answer choices rise and product diver
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Answer:

decline and product diversity in the market increases.

Explanation:

Competitive price searcher markets are those that have little barriers of entry for new firms.

Also the new forms are able to engage in transactions that are profitable. That is they easily take a market share.

In this scenario it will result in greater diversity of products as many firms can now produce goods that will be profitable in the market.

Also it will lead to a decrease in profit of existing firms as the new firm gets some of the market share

6 0
2 years ago
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To conduct a goodness of fit test at the 5% level to determine if the self-reported sub-groups of asians are evenly distributed.

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3 0
3 years ago
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