subject
Business, 20.11.2020 14:00 TPug24

The demand curve suggests that an auto manufacturer will sell 20,000 Mercedes-Benz M-Class vehicles when they are priced at $50,800, but when the price is reduced to $45,000, that quantity will increase to 27,000 units. What is the resulting elasticity? a. -4.38
b. 6.73
c. -3.07
d. 1.24

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 13:30
The outstanding bonds of the purple fiddle are priced at $898 and mature in nine years. these bonds have a 6 percent coupon and pay interest annually. the firm's tax rate is 35 percent. what is the firm's after tax cost of debt?
Answers: 3
question
Business, 22.06.2019 11:00
Why are the four primary service outputs of spatial convenience, lot size, waiting time, and product variety important to logistics management? provide examples of competing firms that differ in the level of each service output provided to customers?
Answers: 1
question
Business, 22.06.2019 17:40
Croy inc. has the following projected sales for the next five months: month sales in units april 3,850 may 3,875 june 4,260 july 4,135 august 3,590 croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. direct material costs $2.50 per pound, and each unit requires 2 pounds. raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. raw materials on hand at march 31 totaled 3,741 pounds. 1. determine budgeted production for april, may, and june. 2. determine the budgeted cost of materials purchased for april, may, and june. (round your answers to 2 decimal places.)
Answers: 3
question
Business, 23.06.2019 01:00
As more people migrated west during the gold rush, what do you think happened to the demand curve in most western markets, holding all else constant? a. there was no shift, nor any increase or decrease in quantity demanded. b. there was no shift, but there was a decrease in quantity demanded. c. the demand curve shifted to the left. d. the demand curve shifted to the right. e. there was no shift, but there was an increase in quantity demanded.
Answers: 2
You know the right answer?
The demand curve suggests that an auto manufacturer will sell 20,000 Mercedes-Benz M-Class vehicles...
Questions
question
Mathematics, 03.09.2020 03:01
question
Mathematics, 03.09.2020 03:01
question
Business, 03.09.2020 03:01
question
Mathematics, 03.09.2020 03:01
question
Mathematics, 03.09.2020 03:01
question
Mathematics, 03.09.2020 03:01
Questions on the website: 13722362