-0.5% (inelastic) is the price change that occurs if the quantity of bananas increases by 5% when the price decreases by 10%
The formula to calculate the change in price is,
Price elasticity = Sales increase/ Price decrease
So, if the quantity of bananas sold increases by 5% when the price decreases by 10% the change in price will be -0.5 (inelastic)
Price elasticity= 5%/ - 10% = - 0.5 (inelastic)
It is advisable to raise the price to generate more money when demand is inelastic. Lowering the price is good when demand is elastic.
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When managers use __________, each decision criterion is compared to a standard or ranked on its own merits.
According to decision analysis, When managers use absolute comparison, each decision criterion is compared to a standard or ranked on its own merits.
What is decision analysis?Decision analysis involves elements of psychology, management strategies, training, and economics and use a number of methods to examine all pertinent information to assist in the decision-making process. It is frequently used to evaluate choices that are made in light of several different factors and that have a wide range of potential outcomes or goals. When trying to decide on risk management, capital investments, or strategic business decisions, individuals or groups might employ the approach.Making strategic business decisions requires a methodical, quantitative, and visually appealing process known as decision analysis. Aspects of psychology, management strategies, and economics are all incorporated into decision analysis along with a range of other instruments.Decision analysis can be used in risk, capital investments, and strategic business decisions, among other things.
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The fundamental relationship between economic value creation and competitive advantage is?
The fundamental relationship of economic value creation to competitive advantage is that an increase in one will leads to another. Due to that, we can say that other competitors’ economic value creation will decrease. These changes will lead to a relative shift in cost structure and a shift in consumers’ behavior to pay more.
Competitive markets deal with homogenous products and with too many producers and due to that no one producer can create a monopoly. As in monopoly, the market deals with non-homogenous products with single or few producers.
Further descriptions are below here about the relationship between value creation and competitive advantages:
Fundamental in strategic managementProvides the foundation upon which to formulate a firm's competitive strategy for cost leadership or differentiationA firm has a competitive advantage when it creates more economic value than rival firms.For more content like this visit:
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A savigns account earns 4 percent. if the saver is in a 28 percentt ax bracket, the aftert tax savinggs rate of rreturn would be:_____.
A savings account earns 4 percent. if the saver is in a 28 percent ax bracket, the after-tax savings rate of return would be 2.88%.
1.0 - 0.28 = 0.72; 0.04 ×0.72 = .0288 = 2.88%
A savings account is a government-guaranteed financial product that allows you to grow your money. The best savings accounts have a high annualized rate of return (APY). The higher your APY, the more money you can make over time. Save 50% or more for the biggest career and life opportunities (learn more about magic savings rate breakpoints here).
As a rule of thumb, save at least 20-25% of your after-tax income, not other goals. Save 50% or more for the biggest chance in your career and life (learn more about Magic Savings Rate breakpoints here).
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The federal trade commission, like other administrative agencies, has the power to?
The federal trade commission, like other administrative agencies, has the power to compel businesses to hold trial-like hearings to resolve certain kinds of disputes.
the question is incomplete .please read below to find the missing content.
The FTC's mission is to protect consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly harming legitimate business operations.
This commission is appointed by the President and approved by the Senate, each for a term of seven years. He can have no more than three members on the committee who can belong to the same political party. The President elects a Commissioner to chair the Commission. Visit the FTC!
The Federal Trade Commission, like other administrative agencies, has the power to
a. compel businesses to reveal trade secrets.
b. harass those whom it investigates.
c. hold trial-like hearings to resolve certain kinds of disputes.
d. all of the above.
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The __________ provides for a temporarily reduced initial rate in adjustable rate mortgages.
The Teaser Rate provides for a temporarily reduced initial rate in Adjustable Rate Mortgages.
A teaser rate generally refers to an introductory rate charged on a credit product. Credits cards may charge borrowers an introductory rate of 0%. Adjustable rate mortgages (ARMs) are also known for charging a low initial rate that helps entice borrowers. Teaser rates may also serve to increase the marketability of ARMs over traditional mortgages.
A teaser rate generally refers to an introductory rate charged on a credit product. Credits cards and adjustable rate mortgages (ARMs) are both known for charging a low initial rate that helps entice borrowers. Lenders and informal lenders may include teaser rates in credit product prequalification marketing as a way of adding an incentive for new customers.
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What do you understand by Ranger?
Answer:
A ranger is a person who takes care of a park or piece of land.
Explanation:
Is there a story or reading that you would like to request support with that concerns the word Ranger?
What is the proper form to use if the buyer wants to ask the seller to leave the free standing bookcase for a small amount of money?
Non-Realty Items Addendum should be used if the buyer wants to ask the seller to leave the free-standing bookcase for a small amount of money.
An addendum is an extra document that receives brought to the acquisition and sale agreement. The file will encompass any extra information or requests that the client did now not place into the authentic purchase and sale agreement.
This Addendum is used if the events need to feature additional items of personal belongings which might be to live with the assets that are not already listed in paragraphs 2B or 2C of the purchase contract.
An addendum is used to make clear and add matters that were not to start with a part of the authentic contract or agreement. think about addendums as additions to the original settlement (as an example, adding a cut-off date in which none existed in the original version).
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The activity of estimating total system project cost and comparing it to system value is called ________.
The activity of estimating total system project cost and comparing it to system value is called cost feasibility.
Project Cost is the total funds needed to complete the project or work that consists of a Direct Cost and an Indirect Cost. The Project Costs are any expenditures . Project Cost means the price payable to the Service Provider over the entire period of Agreement for the full and proper performance.
Project cost management is the process of estimating, budgeting, and controlling costs throughout the project life cycle, with the objective of keeping expenditures within the approved budget.
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Those who make economic policy concerning price controls often do so in order to?
Answer:
establish a more equitable result based on normative judgements. In the market for personal computers and in the stock market: 1) supply and demand shifts change prices and quantities.
Barrier islands make __________ sites for real estate development because __________. Group of answer choices good; they are made of rock and are quite stable good; they provide excellent scenery poor; they are unstable and often mobile poor; they can be overrun by storm surges poor; they are unstable and often mobile; poor; they can be overrun by storm surges
Barrier islands make poor sites for real estate development because they can be overrun by storms. Barrier islands are exceptionally flat or lumpy coastal landforms and a type of dune system. areas of sand that form parallel to the mainland coast due to wave and tidal action.
Barrier islands are usually found in groups of several islands, ranging from a few to more than a dozen. They change with storms and other action, but they absorb energy, protect coastlines, and create areas of protected waters where wetlands can thrive. Barrier islands can stretch for more than a hundred kilometers.
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An individual demonstrates which type of wellness when they establish a values system and carries out meaningful and constructive life goals?
An individual demonstrates Spiritual wellness when they establish a values system and carries out meaningful and constructive life goals.
The Wellness Triangle is a measure of the 3 principal categories that make contributions to typical fitness and well-being. The three same facets of the triangle represent the three same components that affect fitness: structural/physical, nutritional/chemical, and emotional/mental.
Spiritual health approaches having private values and beliefs and appearing compassionately according to those values: personal values and beliefs might also exchange at some point of the route of an entire life, taking form through the have an impact on relationships, activities, and private experiences.
Essentially, a lifestyle assessment helps a person be informed and proactive with their fitness. It teaches how lifestyle alternatives affect health effects. It additionally allows the medical doctor to be more informed about their patient's fitness and offers them the opportunity to create a movement plan.
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Lower-level managers are empowered to make decisions in a ______ organization, which can ________ motivation and job satisfaction.
Lower-level managers are empowered to make decisions in a decentralized organization, which can increase motivation and job satisfaction.
What is motivation ?Motivation is the reason why humans and other animals begin, continue, or discontinue an activity at any particular time. Motivational states are typically viewed as internal forces that induce a desire to engage in goal-directed conduct.
The Three Kinds of Motivation
Extrinsic. Performing an action in order to achieve or prevent a specific result. Many of the things you perform every day are probably extrinsically driven. ...
Intrinsic. Internal motivation for success or a sense of purpose... Family. Motivated by a desire to provide for your family.
Motivation will assist him in achieving his personal objectives. Individuals who are motivated will be satisfied with their jobs. Individual self-development will benefit from motivation. Working with a dynamic would always benefit an individual.
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In a publicly traded organization, does the valuation of owners’ equity represent the worth of the organization to its owners? explain your answer
In a publicly traded organization, the valuation of owners’ equity represent the worth of the organization to its owners after "liabilities are deducted from assets."
What is publicly traded organization?An organization whose shareholders are entitled to a share of the firm's assets and revenues is referred to as a public company, also known as a publicly traded company.
Some characteristics of publicly traded organization are-
Ownership of such a public corporation is divided among the public shareholders through the free exchange of stocks that are traded via stock exchanges and the over (OTC) marketplaces.Many Americans make direct investments in public corporations, and chances are good that the pension plan or mutual fund you own, if you have one, has some shares in public companies.A publicly traded corporation is expected to periodically expose its business and financial information to the public in addition to having its securities listed on public exchanges.An initial public offering (IPO) is the procedure used by a private firm to start issuing new shares to the general public. A firm is deemed private before its IPO. A company's decision to start issuing to the general public through with an IPO is crucial since it gives them a source of funding for their expansion.To know more about publicly traded organization, here
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To transform information into ________, a firm must expend additional resources to discover patterns, rules, and contexts
To transform information into knowledge, a firm must expend additional resources to discover patterns, rules, and contexts.
An organized collection of people, processes, software program, databases, and devices used to create, shop, percentage, and use the business enterprise's knowledge and experience.
There are three main forms of knowledge management systems that aid you in enterprise understanding sharing and dealing with. they're information work systems, clever strategies, and enterprise-wide understanding of control systems.
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According to macroeconomic theory, evidence that high unemployment may be accompanied by low inflation, and low unemployment may be accompanied by high inflation is illustrated by the
The Keynesian Phillips curve tradeoff illustrates the fact that a high unemployment may be accompanied by low inflation and that a low unemployment may be accompanied by high inflation.
What is the Keynesian Phillips curve tradeoff?The Keynesian Phillips Curve Tradeoff is the graph that shows the relationship between an unemployment rate and Inflation rate and explains that If one is higher, the other must be lower.
As Keynes argued that an inadequate overall demand could lead to prolonged periods of high unemployment, because of this, the Keynesian macroeconomics argues that the solution to a recession is expansionary fiscal policy that shifts the aggregate demand curve to the right.
Hence, this curve tradeoff is one that illustrates the fact that a high unemployment may be accompanied by low inflation and that a low unemployment may be accompanied by high inflation.
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A movement along the phillips curve shows that the unemployment rate and inflation rate are.
The Phillips curve relates the rate of inflation with the rate of unemployment. The Phillips curve argues that unemployment and inflation are inversely related: as levels of unemployment decrease, inflation increases. The relationship, however, is not linear.
What is the relationship between inflation and unemployment shown by the Phillips curve?
The Phillips curve states that inflation and unemployment have an inverse relationship. Higher inflation is associated with lower unemployment and vice versa. The Phillips curve was a concept used to guide macroeconomic policy in the 20th century, but was called into question by the stagflation of the 1970's.
Phillips curve :
graphic representation of the economic relationship between the rate of unemployment (or the rate of change of unemployment) and the rate of change of money wages. Named for economist A. William Phillips, it indicates that wages tend to rise faster when unemployment is low.
Inflation rates :
inflation, in economics, collective increases in the supply of money, in money incomes, or in prices. Inflation is generally thought of as an inordinate rise in the general level of prices.
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A financial company to which businesses sell their accounts receivable, usually for a percentage of the total face value, is a(n):______.
A financial company to which businesses sell their accounts receivable, usually for a percentage of the total face value, is a factor. Financial firms include banks, trust companies, accredited community development financial institutions, savings and loan associations.
Any company that CROCI Valuation Group considers to be a financial and is as result subject to CROCI company model for financials is referred to as financial company. It is a type of financial company that offers credit for the purchase of accounts receivable and services for consumers by either buying time-sales contracts of retailers or by making small loans directly to customers.
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________ is the particular way a firm implements customer benefits that keeps the firm ahead of other firms in the market.
Competitive advantage is the particular way a firm implements customer benefits that keeps the firm ahead of other firms in the market.
A company's ability to produce goods or services faster, more efficiently, or for less money than its competitors is known as a competitive edge. These elements enable the producing unit to outperform its competitors in terms of sales or margins.
Competitive advantage is the advantageous position a business wants to outperform its competitors in terms of profitability. Examples of competitive advantage include the following: the group. exclusive use of technologies or production processes. a unique offering that no one else can make (protected by IP law or patents, etc.)
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When managers give instructions to front-line employees, they should follow the indirect strategy.
a) true
b) false
False, they should not follow the indirect strategy.
What is indirect strategy?The indirect method relies on generating turning points that lead foes to lose momentum that they can never recoup. Every contract, like a fight, has a vital moment or turning point that determines who wins and who loses. Information can be utilized in sales to create turning points that eliminate competition.
Superior forecasting, reporting, and analysis are required in large businesses. The indirect technique has the advantage of respecting the audience's sensitivities.
The evidence is provided first in the indirect way, leading to the main idea. This is an inductive reasoning. This method is best if your audience is likely to be upset or resistant to what you have to say.
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Cake-a-licious, a large bakery business, purchased a wheat farm in order to reduce the risk associated with its dependency on flour. this is an example of _____.
A large bakery business, purchased a wheat farm in order to reduce the risk associated with its dependency on flour. this is an example of vertical integration.
Vertical integration is a way wherein a agency owns or controls its vendors, companies, or retail places to govern its rate or supply chain. Vertical integration advantages corporations with the aid of permitting them to manage the approach, lessen expenses, and improve efficiencies.
Vertical integration is a corporation technique that includes growth through streamlining operations. This takes place while one acquires a producer, supplier, supplier, distributor, or unique related enterprise corporation inside the identical employer.
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What is the most appropriate use of competitors in the development of new-product ideas?
Assessing the strength and weaknesses of competitors' products is the most appropriate use of competitors in the development of new product ideas.
There are simple steps you need to take before developing the marketing mix. the primary is to identify your overall goal or marketing approach. the second is to identify your target market.
Companies need to follow steps like idea development, the screening of the latest ideas, enterprise evaluation, product improvement, test marketing, and commercialization.
SWOT analysis is a framework for figuring out and studying a business enterprise's strengths, weaknesses, opportunities, and threats. These phrases make up the SWOT acronym. The primary intention of SWOT analysis is to increase awareness of the elements that go into making a business decision or organizing a business strategy.
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A company buys equipment for $48,000, expects to use it for ten years, and then sell it for $6,000. using the straight-line method, the company should report annual depreciation for the equipment of?
Using the straight-line method, the company should report annual depreciation for the equipment of $4,200.
Given,
A company buys equipment for $48,000 expects to use it for ten years, and then sell it for $6,000
The formula to calculate annual depreciation is given below-
Annual depreciation = (Original cost - salvage value) / Estimated life(years)
Annual depreciation = ($48,000 - $6,000) / 10
Thus, annual depreciation = $4,200
A standard yearly rate at which depreciation is charged to a fixed asset is called annual depreciation. Thus, to calculated depreciation the straight-line method is used. Where you need to subtract the asset's salvage value from its cost.
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The function that serves as an intermediary between an organization shipping a product and the actual carrier is.
The function that serves as an intermediary between an organization shipping a product and the actual carrier is Customer Broker.
What is Custom brokers? Custom brokers , also known as customs house brokers, are roles that may be held by or linked to customs brokerage firms, independent companies, shipping lines, importers, exporters, independent businesses, and freight forwarders.Those who hold a license as a customs broker are not considered to be "customs officials" by the government (in other countries the two terms may be interchangeable). The tariff schedule, a list of duty rates for imported goods, CATAIR, the legal and administrative requirements controlling importations, and other trade-related issues must all be known to customs brokers.For instance, a customs broker can be required to inform an importer of the country-specific marking requirements or complete the paperwork for a consignment of clothes that is subject to quotas and visa restrictions.It is possible to prevent delays, item seizures, and fines and penalties that may be imposed against the importer and/or broker by being aware of the criteria for each type of import.To know more about Customer Broker with the given link
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A $63,000 machine with a 7-year class life was purchased 2 years ago. The machine will now be sold for $50,000 and replaced with a new machine costing $75,000, with a 5-year class life. The new machine will not increase sales, but will decrease operating costs by $16,000 per year. Simplified straight line depreciation is employed for both machines, and the marginal corporate tax rate is 34 percent. What is the initial outlay for the project?.
The initial outlay for the project after depreciation is loss of $26,700.
What is depreciation?Depreciation in accounting refers to two parts of the same concept: first, the real decline in fair value of an asset, such as the worth of factory equipment each year.
Depreciation is used to match the cost of a productive asset with a useful life of more than a year to the revenues received by employing the asset. The expense of an asset is frequently spread out throughout the years that it is used.
Section 32 of the Income Tax Act of 1961 contains the provision for authorising depreciation. Depreciation is a deduction allowed by the Income Tax Act for the reduction in the real worth of a physical or intangible asset used by a taxpayer.
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In one paragraph, describe how the change may specifically address the distribution of products to your persona.
Change may address the distribution of products to your personelle through storefront locations or through online channels.
What is distribution channel?Distribution channel simply refers to a chain of businesses or intermediaries through which the final buyer purchases a good or service.
However, some members of the distribution channel are as follows:
WholesalersRetailersDistributorsSo therefore, change may address the distribution of products to your personelle through storefront locations or online channels.
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What is the major source for information about the financial condition of a government?
The balance sheet, income statement, and cash flow statement are the three most important financial statements. These three statements show a company's assets and liabilities, revenues and costs, and cash flows from operating, investing, and financing activities.
A cash flow statement is a financial statement that summarizes all cash inflows received by a company from ongoing operations and external investment sources. It also includes all cash outflows used to fund business operations and investments over a given time period. the precise amount of money you have available for that time period Depreciation, for example, is recorded as a monthly expense.
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What must be true about combinations of labor and capital along a given isoquant?
When there is a combination of labor and capital along a given isoquant they all must produce the same amount of output.
An isoquant in economics is a curve that, when plotted on a graph, indicates all the mixtures of two factors that produce a given output. Frequently used in manufacturing, with capital and labor as the 2 factors, isoquants can display the optimal combination of inputs that will produce the maximum output at a minimal price.
A production function describes the maximum output that can be done with any given combination of inputs. An isoquant identifies all of the different combinations of inputs that can be used to produce one particular level of output.
The least cost combination occurs when a company adjusts its employment of resources to minimize prices. The least cost combination is found in which the marginal product per dollar for all the resources a company employs is equal.
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This business impact analysis (bia) is developed as part of the contingency planning process for the:__________
This business impact analysis (bia) is developed as part of the contingency planning process for the recovery strategies.
A business impact analysis (BIA) predicts the consequences of disruption of an enterprise characteristic and method and gathers statistics to broaden restoration strategies.
The BIA process focuses on the results or consequences of an interruption to critical business functions and attempts to quantify the financial and non-financial costs related to the disaster. The BIA identifies and analyzes the components of the organization which is maximum vital.
A business impact evaluation (BIA) is the system of figuring out the criticality of business activities and related useful resource necessities to make sure operational resilience and continuity of operations in the course of and after a business disruption.
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So you them the answer you submit must be the d operators; they are pald $8. 10 an hour each and work 40 hours a week and 52 weeks a year. The machines break down periodically, resulting in annual repair costs of $1,320 for each and supplies cost $960 a year for each machine. Vill have a life of 5 years and a total disposal value at that time of $1, 500. The kodak system will require only 2 regular operators. Supplies wil be $3,600 per year. Kodak has offered the college a maintenance contract that covers all machine breakdowns; the cost of the contract is $1,020 per year. Total cost for all favor keeping the canon copiers, enter your net present value difference as a positive number; if.
The net present value for all favor keeping the canon copiers $6580
What is net present value?The net present value, also known as net present worth, is applied to a series of cash flows that occur at different dates. The present value of a cash flow is determined by the time elapsed between now and the cash flow. It is also affected by the discount rate. The temporal value of money is accounted for by NPV.
The term net present value (NPV) refers to the current total value of a future stream of payments. If the net present value (NPV) of a project or investment is positive, it signifies that the discounted present value of all future cash flows associated to that project or investment will be positive, and hence appealing.
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The coupon payment for an annualcoupon corporate bond is equal to the coupon rate multiplied by the current price of the bond.
a) true
b) false
This statement is False, as, for a corporate bond with an annual coupon, the coupon payment is equal to the bonds per value times the coupon rate. Interest rates and prices are negatively correlated.
What is a Coupon Rate ?A fixed-income security's nominal yield is expressed as a COUPON RATE . It refers to how often the issuer pays yearly coupons in relation to the bond's face value or par value.Thus, the nominal return that a fixed-income security pays out is known as a coupon rate.The coupon holder will yield less than the current market circumstances when the market improves, as the bond won't pay more because its value was predetermined at issue.To know more about the topic of Coupon rate, refer to:
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