The claim of being "nature's carrier" in Nongfu Spring water's advertisement can make the demand more elastic by persuading consumers to perceive the product as of good quality and increasing their responsiveness to price changes.
When Nongfu Spring water claims to be the "nature's carrier" in their advertisement, it can make the demand for their product more elastic. This is because the advertising message persuades consumers that the product is of good quality, which can influence their purchasing decisions.
By positioning their water as "nature's carrier," Nongfu Spring creates an association with natural and pristine qualities. This claim appeals to consumers who value natural and high-quality products. The persuasive nature of the advertising can increase consumer interest and curiosity, leading to a higher willingness to try the product.
As a result, the demand becomes more elastic because consumers become more responsive to changes in price. When consumers perceive Nongfu Spring water as a superior product due to the advertising claim, they may be more willing to explore other available options or substitutes if the price of Nongfu Spring water becomes relatively higher. This increased responsiveness to price changes reflects a more elastic demand.
Moreover, the claim of being "nature's carrier" implies a certain level of differentiation and uniqueness in the market. If consumers perceive Nongfu Spring water as a distinct and superior brand, they may be more willing to switch to alternative brands or products if the price of Nongfu Spring water increases significantly. This further contributes to the elasticity of demand.
It's important to note that other factors, such as brand loyalty and availability of substitutes, also play a role in determining the elasticity of demand. However, the persuasive advertising claim of being "nature's carrier" can certainly influence consumer perceptions and make the demand for Nongfu Spring water more elastic.
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SECTION B
ANSWER ALL ITEMS IN THIS SECTION.
1. Fill in the blanks by classifying the following activities as primary, secondary or
tertiary production.
(Total 5 marks)
A
= Banking
В.
= Forestry
С.
Canning of fish
D.
= Doctor
Е.
Working as a lumberjack
Successful entrepreneurs have mindsets that typically possess which three
characteristics? (Choose Three)
Responsible
Adaptable
Nervous
Argumentative
Tenacious
5
Successful entrepreneurs have mindsets that typically possess three characteristics and that is being responsible, adaptable and tenacious. Thus, the correct options are the 1). Responsible, 2). Adaptable and 3). Tenacious.
What are the characteristics of a successful entrepreneur?An entrepreneur refers to an individual who set up a new business, bear most of the risks and enjoy most of the rewards. The process of establishing a business is known as entrepreneurship.
For being a successful entrepreneur, an individual must possess significant characteristics such as passion, open-minded, creativity, risk-taking, approachable, professionalism, knowledge, skills etc.
Basically, an entrepreneur must be capable to handle all the responsibilities in well efficient way.
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Search engines generate revenue through pay-per-click (each time a user clicks a link to a retailer’s website); pay-per-call (each time a user clicks a link that takes the user to an online agent waiting for a call); or pay-per-conversion (each time a website visitor is converted to a customer)
Answer:
pay-per-click (each time a user clicks a link to a retailer’s website).
Explanation:
Pay-per-click is the cost stipulated by online survey platforms for each click on a sponsored ad.
Popularized by Google AdWords, this is one of the most used metrics for digital marketing, mainly because of the ease of having measurable digital advertising efforts.
The great advantages of this metric is the possibility of measuring and monitoring the number of users who will click on your link, making it more effective to analyze the impact that your business media has on people.
An example of a country's businesses spending on capital when calculating the GDP using the expenditures approach is _____.
rent
purchase of weapons for the military
purchase of software
none of the above
Answer: salaries of public employees
Answer:
The correct answer on EDEG 2021 is B or purchase of weapons for the military
Explanation:
Antle Inc. had acquired Demski Co. and recorded goodwill of $290 million as a result. The net assets (including goodwill) from Antle's acquisition of Demski Co. had a 2021 year-end book value of $625 million. Antle assessed the fair value of the Demski reporting unit at this date to be $745 million, while the fair value of all of Demski's identifiable tangible and intangible assets (excluding goodwill) was $626 million. The amount of the impairment loss that Antle would record for goodwill at the end of 2021 is: a. $119 million. b. $171 million.c. $0. $120 million.
The amount of the impairment loss that Antle would record for goodwill at the end of 2021 is $119 million. Goodwill is the excess of the acquisition price paid for a business over the fair value of the net identifiable assets acquired.
The excess is made up of intangible assets such as the company's reputation, brand recognition, and intellectual property, as well as the value of long-term client relationships. When the value of goodwill drops, the company must write off the loss in its financial statements. Antle Inc. had acquired Demski Co. and recorded goodwill of $290 million as a result. The net assets (including goodwill) from Antle's acquisition of Demski Co. had a 2021 year-end book value of $625 million. The fair value of all of Demski's identifiable tangible and intangible assets (excluding goodwill) was $626 million, while Antle assessed the fair value of the Demski reporting unit at this date to be $745 million. Goodwill impairment The value of goodwill may change over time due to market and industry changes or the company's underperformance. When the goodwill value is less than the acquisition cost, an impairment charge is made. This reduction in the value of goodwill is reported as a loss on the income statement. The amount of the impairment loss that Antle would record for goodwill at the end of 2021 can be calculated as follows:
Book value of goodwill
= $625 million - $626 million
= -$1 million Fair value of the reporting unit
= $745 million Goodwill's fair value
= Fair value of the reporting unit - Fair value of the identifiable net assets
= $745 million - $626 million
= $119 million. Therefore, the amount of the impairment loss that Antle would record for goodwill at the end of 2021 is $119 million.
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When asked a difficult question during an interview, _____.
change the subject
put a positive spin on the honest answer
make up a positive story
ignore the question
Answer: The answer is B.
Put a positive spin on the honest answer.
Item 6 You have a point-of-sale data set that provides information on time of sale, products bought, and payment methods customers used to complete their purchases. You want to compare purchases made by cash versus those made by credit card. How should the data be best prepared to make comparisons between the two types of purchases
To compare purchases made by cash versus those made by credit card in the given point-of-sale data set, the data should be best prepared by filtering out all other payment methods except for cash and credit card.
This can be achieved by creating a new variable in the dataset that only includes values for cash and credit card payments. Once this is done, the data should be sorted based on the time of sale and the products bought. This will allow for a clear comparison between the two types of purchases. Additionally, it would be helpful to calculate the total amount spent on each type of payment method separately to see any trends or differences in spending habits between cash and credit card users.
filter the data set based on the 'payment methods' column to create two separate data sets - one for cash purchases and another for credit card purchases.Next, for each data set (cash and credit card), analyze the 'time of sale' and 'products bought' columns to gain insights into the trends and patterns associated with each payment method.Compare the trends and patterns between the two data sets to understand the differences in customer behavior when using cash versus credit card.By following these steps, you can effectively compare purchases made by cash versus those made by credit card using a point-of-sale data set.
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consider the following revenue cycle scenario: the company has been exposed to customer dissatisfaction and the suggested control procedure to be implemented is to install and use bar-code scanners. what is the threat?
If the company has been exposed to customer dissatifaction and the suggested control procedure to be implemented is ti install and use bar code scanners. The threat is Company may be shipping wrong merchandise.
Merchandise refers to any physical goods that are manufactured, produced, or sourced by a company and sold to customers for personal or business use. This can include a wide range of products such as clothing, electronics, toys, home goods, food, and more. The term is often used in the retail industry to refer to the stock of goods that a store has available for sale. Companies that sell merchandise often strive to offer a diverse selection of products to appeal to a wide range of customers and meet their varying needs and preferences.
Effective merchandising involves not only choosing the right products to sell, but also presenting them in a way that is attractive and appealing to customers. This can include how items are displayed, priced, and marketed. The goal of merchandising is to maximize sales and profitability, while providing customers with the products they want and need.
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First National Bank charges 11.7 percent compounded monthly on its business loans. First United Bank charges 11.9 percent compounded semiannually.
Answer:
a. EAR for First National Bank = 12.35%
b. EAR for First United Bank = 12.25%
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question as follows:
First National Bank charges 11.7 percent compounded monthly on its business loans. First United Bank charges 11.9 percent compounded semiannually.
Calculate the EAR for First National Bank and First United Bank. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
Explanation of the answers is now given as follows:
The effective annual rate (EAR) can be calculated using the following formula:
EAR = ((1 + (i / n))^n) - 1 .............................(1)
Where;
i = Annual interest rate of the bank
n = Number of compounding periods in a year
Therefore, we have:
a. Calculation of the EAR for First National Bank
i = Annual interest rate of First National Bank = 11.7%, or 0.117
n = Number of compounding periods in a year = 12
Substituting the values into equation (1), we have:
EAR for First National Bank = ((1 + (0.117 / 12))^12) - 1
EAR for First National Bank = 1.12348257790079 - 1
EAR for First National Bank = 0.12348257790079, or 12.348257790079%
Rounding to 2 decimal places as required, we have:
EAR for First National Bank = 12.35%
b. Calculation of the EAR for First United Bank
i = Annual interest rate of First United Bank = 11.9%, or 0.119
n = Number of compounding periods in a year = 2
Substituting the values into equation (1), we have:
EAR for First United Bank = ((1 + (0.119 / 2))^2) - 1
EAR for First United Bank = 1.12254025 - 1
EAR for First United Bank = 0.12254025, or 12.254025%
Rounding to 2 decimal places as required, we have:
EAR for First United Bank = 12.25%
as the attrition loss in a process increases, what happens to the yield?
Answer:
The yield decreases
Explanation:
Explain the concept of scarcity, choice and opportunity cost
Answer:
The opportunity cost of any choice is the value of the best alternative that had to be forgone in making that choice.
evaluate three ways in which employment will minimize emotional stress
Answer:
Employment allows you to provide for yourself and your family. With employment, you are likely to have your basic necessities covered, like food, utilities and housing.
Employment makes you feel useful in some way, makes you feel as a contributing member of society, a feeling that helps you increase your feelings of self-worth.
Finally, employment helps you plan ahead for the future. If the employment pays well, or if you manage to spend less than you earn, employment allows you to save money, which is the first step in building a personal equity.
The ways in which employment minimizes emotional stress include:
An employment provides a means of socialisation. This would reduce isolation. An employment is a source of income. This allows people to be able to afford luxuries that would reduce emotional stress. Employment reduces idleness. What is employment?Employment refers to when members of the labor force have a job for which they receive some form of compensation.
A four-year bond has a coupon rate of 5% and pays its coupons
annually. It has a face value of £200. The yield to maturity is 4%
per year.
Calculate the convexity of the bond
The convexity of the bond is 8.34.
To calculate the convexity of a bond, we need to follow these steps:
Determine the present value of each cash flow: the annual coupon payments and the face value at maturity.
Given:
Coupon rate = 5%
Face value = £200
Yield to maturity = 4%
To find the present value of each cash flow, we can use the formula:
PV = CF / \((1 + r)^n\)
Where:
PV = Present value
CF = Cash flow
r = Yield to maturity
n = Time period
The bond has a four-year maturity, so we have the following cash flows:
Year 1: Coupon payment = 0.05 * £200 = £10
Year 2: Coupon payment = £10
Year 3: Coupon payment = £10
Year 4: Coupon payment = £10 + £200 (face value)
Using the formula, we can calculate the value of each cash flow:
PV1 = £10 / \((1 + 0.04)^1\) = £9.62present
PV2 = £10 / \((1 + 0.04)^2\) = £9.25
PV3 = £10 / \((1 + 0.04)^3\) = £8.88
PV4 = (£10 + £200) / \((1 + 0.04)^4\) = £193.59
Calculate the convexity of the bond:
Convexity is calculated using the formula:
Convexity = (∑[(n * (n + 1) * PVn) / \((1 + r)^2\)]) / Bond price
Where:
n = Time period
PVn = Present value of cash flow at time period n
r = Yield to maturity
Bond price = PV1 + PV2 + PV3 + PV4
Let's calculate the bond price first:
Bond price = £9.62 + £9.25 + £8.88 + £193.59 = £221.34
Now we can calculate the convexity:
Convexity = [((1 * (1 + 1) * £9.62) / \((1 + 0.04)^2\)) + ((2 * (2 + 1) * £9.25) / \((1 + 0.04)^2\))
+ ((3 * (3 + 1) * £8.88) / \((1 + 0.04)^2\)) + ((4 * (4 + 1) * £193.59) / \((1 + 0.04)^2\))] / £221.34
Convexity = (19.24 + 57.99 + 106.56 + 1662.15) / £221.34
= 1845.94 / £221.34
≈ 8.34
Therefore, the convexity of the bond is approximately 8.34.
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Given the diversity of developing countries, do you think that
there could ever be a single, unified theory of development?
Explain your answer.
The answer to this question is that, given the diversity of developing countries, there could never be a single, unified theory of development.
This is because development theories must reflect the specific circumstances of the countries in which they are being applied. Developing countries are not all the same.
They have different levels of economic development, different resource endowments, and different political systems. For example, the needs of an oil-rich country in the Middle East will differ greatly from those of a sub-Saharan African country that is heavily dependent on agriculture.
This diversity means that no single theory of development can work for all developing countries. Developing countries are diverse in their historical backgrounds, cultures, social values, and political institutions. It is, therefore, impossible to come up with a single unified theory of development that will work for all countries. What works for one country may not work for another.
In addition, the global context is constantly changing, with new economic, social, and environmental challenges emerging all the time. This means that development theory must continue to evolve and adapt to meet these new challenges. In conclusion, given the diversity of developing countries, it is unlikely that a single, unified theory of development will ever emerge. Instead, development theory will continue to be shaped by the unique circumstances of individual countries and the changing global context.
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entperise opportunities
Explanation:
A business opportunity (or bizopp) involves sale or lease of any product, service, equipment, etc. ... The licensor or seller of a business opportunity usually declares that it will secure or assist the buyer in finding a suitable location or provide the product to the purchaser-licensee.
hope this helps you.
Your company currently has $1,000 par, 6.5% coupon bonds with 10 years to maturity and a price of $1,068. If you want to issue new 10 year coupon bonds at par, what coupon rate do you need to set? Assume that for both bonds the next coupon payment is due in exactly 6 months.
The coupon rate required to issue new 10 year coupon bonds at par is 6.5%.
This is because the current coupon rate and the maturity period of the existing bonds are the same as those of the new bonds.
The price of the existing bonds is $1,068 which means that the bond is trading at a premium of $68.This means that the investors are willing to pay more than the face value of the bond due to the higher coupon rate.
In order to issue the new bonds at par, the same coupon rate of 6.5% must be used. This will ensure that investors are willing to buy the bonds at par and that the company will not have to pay a higher coupon rate to make the bonds attractive to investors. This helps the company to keep its cost of debt low and remain competitive in the market.
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what technique is recommended to help get to the core of the problem a company is facing?
One technique that is often recommended to help get to the core of a problem a company is facing is root cause analysis.
Root cause analysis is a systematic approach used to identify the underlying causes or factors that contribute to a problem or issue company.
The process typically involves the following steps:
1. Define the problem: Clearly articulate and understand the problem or issue that needs to be addressed.
2. Gather data and facts: Collect relevant data, facts, and information related to the problem. This can involve analyzing reports, conducting interviews, reviewing documentation, and examining processes.
3. Identify potential causes: Brainstorm and generate a list of potential causes that could contribute to the problem. This step involves exploring various possibilities without prematurely focusing on a single cause.
4. Analyze causes: Evaluate and analyze each potential cause to determine its likelihood of contributing to the problem. This can involve using tools such as cause-and-effect diagrams (also known as fishbone or Ishikawa diagrams) to visualize the relationships between causes and effects.
5. Determine the root cause(s): Narrow down the potential causes and identify the underlying root cause(s) that are most likely to be the primary drivers of the problem. This involves eliminating less likely causes and focusing on those that have the highest impact.
6. Develop solutions: Once the root cause(s) have been identified, brainstorm and develop potential solutions or ive actions to address the underlying issues and mitigate the problem.
By using root cause analysis, companies can move beyond addressing symptoms and instead focus on addressing the fundamental causes of problems. This approach helps in developing more effective and targeted solutions, leading to long-term improvement and prevention of recurring issues.
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True or false: The vision of an organization describes its very purpose or reason for existence; the mission describes what the organization hopes to be in the future.
Answer:
- True
Explanation:
Make a brochure on a fantasy island
Answer: Your welcome!
Explanation:
Welcome to Fantasy Island, a tropical paradise located in the Caribbean Sea. Here, you will find a world of enchantment and adventure, beautiful beaches, lush jungles, and a vibrant culture.
At Fantasy Island, you can explore the local culture and experience a variety of activities. From snorkeling and diving to horseback riding and jungle trekking, there is something for everyone. You can also relax on the beach, take a dip in the crystal-clear waters, or explore the many nearby islands.
Fantasy Island is home to a variety of wildlife and plants, including exotic birds, mammals, and reptiles. You can take a boat tour to see dolphins, turtles, and manatees, or explore the colorful coral reefs. There are also plenty of opportunities for fishing, and you can even go whale-watching.
Experience the magic of Fantasy Island with its friendly locals, delicious cuisine, and vibrant nightlife. With its perfect climate and stunning scenery, this is the perfect place to relax and experience a little bit of paradise.
Come to Fantasy Island and unlock the secrets of the Caribbean. We look forward to seeing you soon!
april has joined a team with members from the sales customers service and shipping and receiving departments which term best describes the team april joined
Answer:
A cross-functional team
Explanation:
A cross-functional team is composed of members with different skills, experiences, and backgrounds. In organizations, cross-functional teams will have members from various departments. The teams are formed to undertake projects that require input from different experts.
April has joined a cross-functional team. The team has members from many departments. Cross-functional are temporally and get dissolved when the project is complete.
In your own words, explain Supply and Demand. In Assignment 1: Scarcity and Choice you are given an example of the supply and demand of PlayStation 2. Think about your life and then provide one example of your own of Supply and Demand.
RESPOND IN 5 SENTENCES !
Supply and demand is the fundamental concept of economics that explains how prices are determined in a market economy. The law of supply and demand states that the price of a good or service is determined by the intersection of the quantity supplied and the quantity demanded. When the quantity supplied is greater than the quantity demanded, the price will decrease, and when the quantity supplied is less than the quantity demanded, the price will increase. In my own example, during the holiday season, the demand for certain gifts such as toys, electronics, and clothing increases, while the supply remains the same, therefore prices tend to increase, and you can find some goods out of stock. Another example can be during a pandemic where the demand for masks and hand sanitizers increases while the supply is limited, prices tend to increase.
Advantage 2 Starting a business can be risky, but it depends on the opportunity of the entrepreneur's time. If they would be unemployed otherwise, then what looks like risk may actually be a benefit or a reward.
Answer: Running a business or start up requires a lot. Asides capital, the individual would gave to learn how to keep a business running day instead and also ensuring the system runs well.
Explanation:
Running a business or start up requires a lot. Asides capital, the individual would gave to learn how to keep a business running day instead and also ensuring the system runs well. Despite the good things that come with owning a business, it actually requires a lot of work. In most cases being unemployed and not starting a business could be better than starting one because running a business would take everything in you, coupled now how things are evolving, the business owner has to be proactive, and enlightened severally and seek ways to bring innovate
You are looking at two locations. Traveling to downtown from Location A involves 3 miles of backroads at 30 MPH.
Traveling to downtown from Location B involves 1 mile of backroads at 30 MPH and 5 miles of highway at 60 MPH. Which location has the
shorter trip to downtown?
A or B?
Answer: A
Explanation:
A location has the shorter trip to downtown because traveling to downtown from Location A involves 3 miles of backroads at 30 MPH.
What is Traveling?To travel by automobile, rail, plane, or ship from one location to another journey. To travel from one location or point to another to make some kind of progress to travel from one location to another as a representative of a company.
Thus, A, is the right way to travel.
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Oliver is a small manufacturing business owner. He has a limited number of employees working under him. He usually helps his employees with their respective insecurities and helps them grow. He thus inspires his employees to work better. Which character trait helps Oliver be a good entrepreneur?
A. aggression
B. timeliness
C. creativity
D. intuitiveness
E. confidence
Answer:
D. intuitiveness
Explanation:
It is Oliver's intuitiveness that makes him a good entrepreneur. Remember, an entrepreneur who has the character trait of intuitiveness is able to easily understand issues facing their employees and then bring out solutions to those problems.
Hence, we are told, Oliver not only helps his employees with their respective insecurities but also them grow, this shows he has a high sense of intuition such that he can inspire others to imitate his example.
Answer:
Confidence
Explanation:
Plato
Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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hellp! WILL GIVE 30 POINTS!!
Alexis and Damian are both taking a course on picking a career. They go to the same art club so they both know what they enjoy doing. Surprisingly, Alexis and Damian might find careers in the Architecture and Construction Career Cluster that allow them to express themselves through art. Create a list of possible jobs in this cluster that could use an artistic person and explain a task that each job does that the two students might particularly enjoy.
*Dont answer for points, cuz I've gotten scames so many times :/
Answer:
A few jobs that express how you feel through art are house remodeling because you can decorate with things that make you happy or that show how you feel, professional painter because you can paint how you feel, and a gardener because you make the garden look like something that expresses how you feel.
Explanation:
Hope this helps! Just make sure to edit it a little so that you don't get in trouble! :)
Your email campaign has an open-rate of 9.6%, and you emailed 25,000 people. How many people opened your email?
Answer:(25000 × 9.6) / 100
Explanation:
25000 mail is 100% of the email, so 9.6% of them will be the result of the answer i gave
If a contract contains an illegal clause or section in the contract, courts will generally sever the illegal clause or section and enforce only the legal portion of the contractTrue or false
True. In general, if a contract contains an illegal clause or section, the courts will apply the doctrine of severability, which allows them to sever or remove the illegal portion of the contract and enforce the legal portion. This means that the illegal clause or section is considered null and void, and the rest of the contract is still binding and enforceable.
The doctrine of severability is based on the idea that a contract is a voluntary agreement between two parties, and that if one part of the contract is illegal or unenforceable, it should not affect the validity of the rest of the contract. This allows parties to still benefit from the parts of the contract that are legal and enforceable, and prevents them from being penalized for the illegal actions of the other party.However, there are some exceptions to the doctrine of severability. For example, if the illegal clause or section is so integral to the contract that it cannot be separated from the rest of the agreement, then the entire contract may be considered void and unenforceable. Additionally, if the illegal clause or section is a material term of the contract, then the entire contract may be unenforceable.Overall, the courts will generally attempt to sever an illegal clause or section from a contract in order to uphold the valid parts of the agreement. However, the specific circumstances of each case will determine whether the doctrine of severability applies, and whether the entire contract will be enforced or deemed unenforceable.
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e. Describe the methods you would use to pay and motivate sales people to sell this product. Would you use sales quotas or a particular type of commission structure? Why or why not? (1-5 sentences. 2.0 points)
Answer:
I would use progressive commission sales, for example:
number of units sold sales commission
0 - 200 2%
201 - 400 2.5%
401 - 600 3%
601 - 800 3.5%
801 - 1,000 4%
This way, salespeople will be motivated to sell more units, since they know that their income will increase dramatically as there sales volume increases.
pls help :(
If the team charges $10 per dream bag and sells all 100 bags how much revenue will they collect?
If the team sells all 100 bags how much profit will they make
(hint revenue - total cost = profit)
Answer:
Explanation:
If the team charges $10 per dream bag and sells all 100 bags, their revenue will be:
Revenue = Price per bag x Number of bags sold
Revenue = $10 x 100
Revenue = $1000
Therefore, if the team sells all 100 bags, they will collect $1000 in revenue.
To calculate the profit, we need to know the total cost of producing and selling the dream bags. Let's assume that the total cost is $600.
Profit = Revenue - Total Cost
Profit = $1000 - $600
Profit = $400
Therefore, if the team sells all 100 bags at a price of $10 per bag and has a total cost of $600, they will make a profit of $400.
Answer:
$1000 (Revenue)
$400 (Profit)
Explanation:
Given:
Price - $10
Quantity - 100 bags
Total revenue formula:
Total revenue = price * quantity
Substitute values:
Total revenue = 10 * 100
Calculate:
Total revenue = $1000