subject
Business, 06.07.2021 20:00 emilyy4757

The price of a product rises from $60 to $90. This causes demand to contract from 800 to 600. What type of price elasticity of demand does this product have over this price range? Perfectly inelastic
Inelastic
Unity
Elastic

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:40
•broussard skateboard’s sales are expected to increase by 15% from $8 million in 2016 to $9.2 million in 2017. its assets totaled $5 million at the end of 2016. broussard is already at full capacity, so its assets must grow at the same rate as projected sales. at the end of 2016, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. the after-tax profit margin is forecasted to be 6%, and the forecasted payout ratio is 40%. use the afn equation to forecast broussard’s additional funds needed for the coming year
Answers: 2
question
Business, 22.06.2019 04:00
Burberry is pursuing a focused differentiation strategy aimed at high-end luxury customers. however, the company is also employing a segmentation strategy to separate customers within that focus. the strategy offers items at an entry-level price point for customers who desire to be like celebrities such as sarah jessica parker as well as couture items for those richest and celebrity customers. what strategy is burberry pursuing?
Answers: 3
question
Business, 22.06.2019 11:40
On january 1, 2017, sophie's sunlounge owned 4 tanning beds valued at $20,000. during 2017, sophie's bought 3 new beds at a total cost of $14 comma 000, and at the end of the year the market value of all of sophie's beds was $24 comma 000. what was sophie's net investment
Answers: 3
question
Business, 22.06.2019 19:30
At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,810 shares $10,781,000 common stock, $5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes $21,950,000 discontinued operations (loss before taxes) $3,505,000 preferred dividends declared $1,078,100 common dividends declared $2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation
Answers: 1
You know the right answer?
The price of a product rises from $60 to $90. This causes demand to contract from 800 to 600. What t...
Questions
question
Mathematics, 11.11.2020 07:40
question
Mathematics, 11.11.2020 07:40
question
Mathematics, 11.11.2020 07:50
question
Mathematics, 11.11.2020 07:50
question
Mathematics, 11.11.2020 07:50
question
Biology, 11.11.2020 07:50
Questions on the website: 13722367