Business, 21.01.2020 22:31 alexisdiaz365
Your younger sister needs $50 to buy a new bike. she has opened a lemonade stand to make the money she needs. your mother is paying for all of the ingredients. she currently is charging 25 cents per cup, but she wants to adjust her price to earn the $50 faster. if you know that the demand for lemonade is inelastic, what is your advice to her?
a. leave the price at 25 cents and be patient.
b. raise the price to increase total revenue.
c. lower the price to increase total revenue.
d. there isn't enough information given to answer this question.
Answers: 2
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River corp's total assets at the end of last year were $415,000 and its net income was $32,750. what was its return on total assets? a. 7.89%b. 8.29%c. 8.70%d. 9.14%e. 9.59%
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Business, 23.06.2019 10:20
Global tek plans on increasing its annual dividend by 15 percent a year for the next four years and then decreasing the growth rate to 2.5 percent per year. the company just paid its annual dividend in the amount of $.20 per share. what is the current value of one share of this stock if the required rate of return is 17.4 percent? $1.82 $218 $2.03 $2.71 $3.05
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Your younger sister needs $50 to buy a new bike. she has opened a lemonade stand to make the money s...
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