If the elasticity of demand is 4, and the price of a cup of coffee is $2, how much would the seller need to reduce her price in order to increase the quantity sold by 20 percent? Instructions: Enter your answer rounded to 2 decimal places (i.e in dollars and cents). The seller would need to reduce her price by: $[ 4.8 View previous attempt

Answer:

i think so :)

Explanation:

The brand is considered to have negative brand equity if customers are willing to pay more for a generic product than for a branded one.

In order to make decisions during the evaluation of options, consumers frequently use their evoke, inept, and insert sets. Consumers' "evoked set," or the brands and goods they contrast, is an illustration of the potential solutions they are taking into account.

Among the options for action, an alternative is one. We cannot make a decision without options. A good option is one that is: (1) under our power, (2) notably different, (3) possibly alluring, and (4) attainable.

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Answer:

D

Explanation:

people have limited resources to fufill their unlimited wants.

this one just sounded right to me.

sorry if this is wrong

The likely remedy for the employee in this case would involve enforcing the oral employment contract, despite the SOF being asserted by the employer.

1. The employee will need to prove that an oral contract was indeed formed between them and the employer. This can be done by providing evidence, such as witness testimonies or written communications, that show the terms of the agreement.

2. The employee must establish that the SOF does not apply to the oral contract. The SOF typically requires certain types of contracts to be in writing, including those that cannot be performed within a year. Since the contract was for 36 months, it may fall under the SOF. However, the employee could argue that the contract was divisible into separate, one-year contracts or that performance was possible within a year.

3. If the employee successfully proves the existence of an oral contract and the inapplicability of the SOF, the court may enforce the contract. This could result in the employer being ordered to pay the employee for the six months of work completed.

4. Additionally, the court may award damages to the employee for any loss suffered as a result of the wrongful termination. This could include compensation for lost wages, as well as emotional distress caused by the sudden termination.

In conclusion, the likely remedy for the employee in this scenario would be enforcing the oral contract and awarding damages, provided that they can successfully prove the existence of the contract and the inapplicability of the SOF.

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Prestige pricing is a demand-oriented approach to selecting an approximate price level. It is a strategy used by companies to charge a higher price for their products or services to create a perception of quality and exclusivity in the minds of their target customers. The correct option is D.

Unlike other demand-oriented approaches like yield management, customary, and bundle pricing, prestige pricing focuses on positioning a brand as a high-end, luxury option. This strategy is often used by luxury brands, fashion labels, and high-end restaurants to appeal to a specific customer demographic that values quality, exclusivity, and status symbols.

Prestige pricing is effective when a brand has established itself as a leader in the market, and its customers are willing to pay a premium for its products or services. However, this strategy can be risky for companies that are new to the market or have not established a strong brand identity. It can also backfire if customers perceive the price as unreasonable or unjustified.

In summary, prestige pricing is a demand-oriented approach to pricing that is focused on creating a perception of exclusivity and luxury by charging a higher price than the market rate. It is a strategy that is best used by established brands with a strong brand identity and customer base that values exclusivity and status symbols. The correct option is D.

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Answer:

a) channel members.

Explanation:

A push-based distribution system can be defined as one whose production plan is directed from management to the market, where products are sent through a channel until they reach retailers, and then to the final consumer.

Therefore, managers direct their promotional efforts more towards channel members, so that the path that the product goes through to reach the final consumer is effective so that the product arrives in the right way, in the right quantity and at the right time to the consumer. Effective management of the company 's distribution channel helps to reduce costs, reduce delays, speed up the capacity to meet demand, increase customer satisfaction, etc.

The fact that the value of a firm is the combined value of the firm's projects, divisions, and entities, is known as Value Additivity.

This refers to the notion that to find the total value of something, you need to find the combined values of the individual things that comprise it.

The combined value of a firm therefore, is the various projects, divisions, and other entities that comprise that firm.

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Answer:

D interning at a local design company

Answer: The answer is yes, but one party may later claim that the less-experienced appointee created a disadvantaged position

Explanation:

Even though one of the license holders

that Carson wants to employ has many years of experience with similar transactions while the other license holder has very little real estate experience but has an MBA, Carson can still appoint the experienced license holder for one party and the inexperienced license holder to the other.

The conflict that may arise in this case is that one party may later claim that the less-experienced appointee created a disadvantaged position.

For a monopoly firm, the equality that holds is (a). Price equals marginal revenue.

In a monopoly market, a single firm has control over the entire market and faces a downward-sloping demand curve. This means that in order to sell additional units of output, the monopoly firm must lower the price it charges.

In this context, the equality that holds is that price equals marginal revenue. Marginal revenue (MR) is the change in total revenue that results from selling one additional unit of output. Since a monopoly firm must lower the price to sell more units, the marginal revenue generated from each additional unit sold will be less than the price. Hence, price equals marginal revenue.

Option b. Price equals average revenue is not necessarily true for a monopoly firm. Average revenue (AR) is the total revenue divided by the quantity of output sold. While the average revenue may be equal to the price in some cases, it is not a general equality for monopoly firms.

Option c. Price equals total revenue is not true because total revenue is the product of price and quantity sold. Since a monopoly firm lowers the price to sell additional units, the total revenue generated will not be equal to the price.

Option d. Marginal revenue equals average revenue is also not necessarily true for a monopoly firm. Marginal revenue and average revenue can be equal under specific conditions, such as when marginal revenue is constant. However, this is not a general equality for monopoly firms.

Therefore, the correct answer is (A).

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With regard to evacuation what one has to be aware of would be

This is the term that is used to refer to all that would have to be done in order to get all the occupants of a building out of it due to an emergency that is occurring in the building. The need for evacuation is often due to emergency that could cause a loss of life. An example of such incidence would during a fire outbreak.

Hence we can say that With regard to evacuation what one has to be aware of would be

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More clean air is wanted than is available in large polluted metropolitan areas such as Mexico City. This illustrates the concept of scarcity. The correct option is a.

Scarcity refers to the limited nature of resources and how it affects the choices made by producers and consumers. In this case, the limited availability of clean air in Mexico City leads to a situation of scarcity.

Hence, The  correct illustration of the concept Scarcity can be seen in option a. More clean air is wanted than is available in large polluted metropolitan areas such as Mexico City.

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When a prospective member enters a club for the first time, it is important for employees to make a good first impression and provide a positive experience. One way to do this is by politely asking the prospective member if they would like to go on a tour of the club.

Offering a tour allows the prospective member to familiarize themselves with the club's facilities and amenities, and to ask questions about membership options, pricing, and other important details. It also shows that the club is welcoming and customer-centric, and that the employees are eager to help new members feel comfortable and informed.

By offering a tour, the club can also showcase its unique features and advantages, and highlight the value of membership. This can be an effective way to convert prospective members into actual members, and to establish long-term relationships based on trust, loyalty, and satisfaction.

In summary, offering a tour to a prospective member is a simple yet effective way to make a good first impression, provide a positive experience, and ultimately, increase membership and customer loyalty.

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NOTE- The question seems to be incomplete, The complete question isn't available on the search engine.

Answer:

A.

Explanation:

Problem Solving should be correct

Answer:

b

Explanation:

i would say b because you are talking and giving info to the psychologist

Answer:

Are you serious??????????

Answer:

NANI!!!

Explanation:

I did not know that

Answer:

$88,700

Explanation:

Given:

Keisha owns a house value $275,000 with a mortgage of $195,000. She owns a car value $12,000 and has $7,500 in car loans.

She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card.

Hence, The net worth of Keisha is $88,700

Answer:

Answer:

$88,700

Explanation:

Given:

Keisha owns a house value $275,000 with a mortgage of $195,000. She owns a car value $12,000 and has $7,500 in car loans.

She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card.

Hence, The net worth of Keisha is $88,700

Explanation:

1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.  

Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.

2. The real return on my investment in Amazon.com Inc was a net loss of  7.12% or $667.60.

3. The company I selected to buy its stock three years ago was Amazon.com Inc.

4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.

5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.

6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.

Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.

The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).

Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)

Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)

Tax (10%) = $1,024.40 ($10,244 x 10%)

Inflation (3%) = $307.32 ($10,244 x 3%)

Administration fee on sales (2%) = $204.88 ($10,244 x 2%)

Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)

Loss on returns = $667.60 ($8,707.40 - $9,375)

Loss percentage = 7.12% ($667.60/$9,375 x 100)

Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.

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One means of motivating managers and other employees to direct their efforts toward achieving the organization's goals is by the preparation of a performance-based incentive or compensation plan.

A performance-based incentive or compensation plan is a structured system that links employee performance and rewards to the achievement of organizational goals. It establishes clear targets and metrics that align with the organization's objectives and provides rewards or bonuses based on individual or team performance in meeting those targets. By designing a well-structured incentive plan, organizations can create a direct link between employee efforts and the organization's goals. This helps motivate employees to focus their efforts on activities that contribute to achieving those goals. It also provides a sense of fairness and recognition for their performance, leading to increased engagement and commitment to the organization's objectives.

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Bunching is the practice of taking the standard deduction in the following year.

Itemized deductions are used by individual taxpayers to reduce their tax liability. These are expenses that are tax deductible and can be deducted from AGI to lessen a taxpayer's overall tax liability. The amount of a tax burden reduction that an individual taxpayer may be eligible for will ultimately depend on their tax bracket and filing status. Only taxpayers who qualify for standard deductions have access to these alternatives. A tax-deductible expense is one that is incurred by an individual taxpayer on a variety of goods or services with the sole purpose of deducting the cost from their federal income tax liability. This type of expense is known as an itemized deduction and can be claimed on FIT (federal income tax) returns.

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The correct answer is 'C.

The Allowance for Doubtful Accounts is not reflected in the income statement, just the bad debt expenditure when the provision for bad debt is declared at the end of the quarter.

A provision for doubtful accounts is a "counter asset" since it affects the value of an asset, in this instance accounts receivable. The allowance, also known as a bad debt reserve, indicates management's projection of the amount of accounts receivable that customers will not pay.

The corporation expects that some consumers may be unable to pay the whole amount and that $50,000 will not be converted to cash. Furthermore, in June, the allowance for dubious accounts begins with a balance of zero.

"Bad debt" is technically classified as a cost. It is included in the reporting of other selling, general, and administrative costs. In any situation, bad debt results in a decrease in net income.

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It is given Alex and J.J. both are applying for a job openings in a law firm at Chicago.

Both of them got the job offer but J.J. got lower salary than Alex.

The salaries are different for both J.J and Alex.

Some of the possible explanations for the difference in salaries that may be related to some scenarios are :

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The values of A, B, C, and D will depend on the specific costs and expenses associated with installing and operating the escalators.

To compare the net present worth of each option, we need to calculate the present value of all cash flows associated with each option using a discount rate of 12%. Here is how to calculate the net present worth of each option:

Option 1: Install all 16 escalators at once

Initial cost of installing all 16 escalators = Cost of purchase and installation for 16 escalators = X

Annual cost of owning and operating 16 escalators:

= Cost of owning and operating 9 escalators + Additional expense of owning and operating 7 escalators

= (Cost of owning and operating 9 escalators) + ($7,000 x 7)

= Y

Total cash outflow = X + Y

Net present worth = -X - Y / \((1 + 0.12)^8\)

Option 2: Install 9 escalators at the start and install the remaining 7 escalators when needed

Initial cost of installing 9 escalators = Cost of purchase and installation for 9 escalators = A

Cost of providing necessary facilities for future installation of 7 escalators:

= Cost of facilities = B

Annual cost of owning and operating 9 escalators:

= Cost of owning and operating 9 escalators = C

Annual cost of owning and operating 7 additional escalators:

= Additional expense of owning and operating 7 escalators = $7,000 x 7 = D

Total cash outflow = A + B + (C x 8) + (D x each year escalator is installed)

Net present worth :\(-A - B - (C * 8) - (D * 1 / (1 + 0.12)^1) - (D * 1 / (1 + 0.12)^2) - ... - (D * 1 / (1 + 0.12)^8)\)

By computing the net present worth of each option, we can conclude which option is more favorable. The values of A, B, C, and D will depend on the specific costs and expenses associated with installing and operating the escalators.

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Answer:

I dont know the answer im just saying this so I can come back to it when there is an answer

Explanation:

Answer:

Regional Economic Integration can best be defined as an agreement between groups of countries in a geographic region, to reduce and ultimately remove tariff and non-tariff barriers to the free flow of goods, services, and factors of production between each other.

Answer : Monopolistic competition

Answer:

Monopolistic Competition

Explanation:

In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.

Answer:

A key reason that companies all over the world choose to import goods is to extend their profit margin. High taxes, wage minimums, and material costs in certain countries make it more useful to import products from a country where fees, wages, and material costs are considerably lower.

Explanation: