Business, 02.08.2019 22:10, tynasiaparks13
Suppose that when the average college student’s income is $10,000 per year, the annual quantity demanded of patty’s pizza is 50 and the annual quantity demanded of sue’s subs is 80. suppose that when the price of patty’s pizza increases from $8 to $10 per pie, the quantity demanded of sue’s subs increases from 80 to 100. suppose also that when the average student’s income increases to $12,000 per year, the annual quantity demanded of patty’s pizza increases from 50 to 60. using the midpoint method, what is the income elasticity of demand for pizza and what does the value indicate about the demand for pizza.
Answers: 1
Business, 22.06.2019 06:40, ayleenmorar
Vintage fun reproduces oldminusfashioned style roller skates and skateboards. the annual production and sales of roller skates is 950 units, while 1,750 skateboards are produced and sold. the company has traditionally used direct labor hours to allocate its overhead to products. roller skates require 2.5 direct labor hours per unit, while skateboards require 1.25 direct labor hours per unit. the total estimated overhead for the period is $114,300. the company is looking at the possibility of changing to an activityminusbased costing system for its products. if the company used an activityminusbased costing system, it would have the following three activity cost pools: the overhead cost per skateboard using the traditional costing system would be closest to: a. $9.31. b. $65.31. c. $25.05. your answer is not correct. d.
Answers: 2
Business, 22.06.2019 17:00, justyne2004
Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?
Answers: 1
Business, 22.06.2019 17:50, primmprincess312
Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.
Answers: 2
Suppose that when the average college student’s income is $10,000 per year, the annual quantity dema...
Advanced Placement (AP), 02.07.2019 05:30
Geography, 02.07.2019 05:30
Mathematics, 02.07.2019 05:30
Business, 02.07.2019 05:30