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1 year ago

At high price levels, demand tends to be and the price effect is , relative to the output effect.

Business

1 answer:

rosijanka [135]1 year ago

3 0

At high price levels, demand tends to be elastic and the price effect is small relative to the output effect.

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What is the difference between statistics and business statistics?

Alik [6]

Answer:

Statistics is extended part of mathematics were you deal about only formulas numbers and business statistics deals about your knowledge about financial business marketing.

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2 years ago

Read 2 more answers

Harry has just inherited $300,000. Harry has decided to quit his job and go to school full time for the next five years by livin

never [62]

Answer:

$ 75131

Explanation:

Given:

Amount inherited = $ 300000

Present amount of annuity = $ 300000

Interest rate, i = 8% = 0.08

number of years, n = 5

Now,

the formula for the present amount of annuity is given as:

Present amount of annuity = $P[\frac{1-(1+i)^{-n}}{i}]$

where,

P is the periodic payment

n is the number of years

now, on substituting the values, we get

$ 300000 = $P[\frac{1-(1+0.08)^{-5}}{0.08}]$

$ 300000 = P × 3.993

P = $ 75131.48 ≈ $ 75131

hence, the amount he can withdraw is $ 75131

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2 years ago

Wildhorse Co. wrote checks totaling $41500 during October and $45321 during November. $39460 of these checks cleared the bank in

Natalka [10]

Answer: $3,086

Explanation:

Wrote checks totaling $41,500 in

October less $39,460 of these checks cleared in October

Wrote checks totaling $45,321 in November less $44,275 cleared the bank in November

Balance of uncleared checks

In October is $41,500 - $39,460 = $2,040

In November is $45,321 - $44,275 = $1,046

Total outstanding checks on 30 Nov is $2,040+$1,046 = $3,086

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2 years ago

13. Once a firm decides to enter an industry and chooses a market in which to compete, it must gain an understanding of its comp

Irina18 [472]

Answer: Strategic Analysis.

Explanation: Strategic analysis is the process that firms use to study and understand the many different aspects of their competitive environment. This analysis involves the process that focus on researching an organization’s business environment within which it operates. It is an essential tool in formulating strategic planning for decision making and smooth working of the business organization.

Strategic analysis refers to the process of conducting research on a company and its operating environment within which its operates to formulate a strategy. Strategic analysis helps define a strategy that will help stand out from the competitors and to also remain competitive. Another important function of strategic analysis is the prediction of future events and the planning of an alternative approach if the first fail to deliver.

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2 years ago

Organic Eats provides an organic, vegan menu. Since there are very few restaurants that offer the same unique services, customer

Sphinxa [80]

Answer:

Focused differentiation strategy

Explanation:

A focused differentiation strategy is used by organizations that concentrate on having products that have a unique feature that fulfills the needs of a specific target market that is willing to pay more for these products. According to this, the answer is that in this scenario, Organic Eats is following a focused differentiation strategy.

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2 years ago

At high price levels, demand tends to be ________ and the price effect is ________, relative to the output effect.

At high price levels, demand tends to be and the price effect is , relative to the output effect.