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GenaCL600 [577]
2 years ago
4

If the price of natural gas rises, when is the price elasticity of demand likely to be the highest? immediately after the price

increase one month after the price increase three months after the price increase one year after the price increase
Business
2 answers:
trapecia [35]2 years ago
7 0
<span>If the price of natural gas rises, one year after the price increases is when the price elasticity of demand is likely to be the highest. The price elasticity of demand is a measurement used within economics that shows how the quantity demanded of an item can change or remain the same when only the price of the item changes. </span>
LUCKY_DIMON [66]2 years ago
4 0
It would be most likely "one year after the price increase"
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Warren Cassell, owner of Just Books, a very small book store, makes special orders for customers at no extra charge, provides fr
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Answer:

Cassell is relying on Guerrilla Marketing strategy in this case.

Explanation:

Guerrilla Marketing:

It is a such type of marketing strategy in which we use non-traditional ways to accomplish our marketing goals. This unconventional way of marketing is directed towards developing an emotional between a business/organization and its customer.

Example:

The common example of guerrilla marketing is as follow:

A company named "XYZ" sells soft drink and they start a campaign in a public space in which they offer free drinks to the public. The people taste their soft drink for free and tell others about it.  

In our case, Warren Cassell use this strategy of marketing by offering them free gift-wrapping, free autographed copies of books etc so that the customer develop a very strong emotional bond with the book store. As a result, they will tell other people about her generosity and will help her to expand her business.    

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2 years ago
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Patrick Rach International issued 5% bonds convertible into shares of the company's common stock. Rach applies U.S. GAAP. Upon i
Ludmilka [50]

Answer:

The correct answer is letter "B": The proceeds of the bond issue entirely as debt.

Explanation:

Under the U.S. General Accepted Accounting Principles (<em>GAAP</em>) the issuance costs of bonds are ignored for reporting purposes but the amount of sales revenues is recorded as debt. The amortization of the bond can be calculated using the <em>effective interest method</em> or the <em>straight-line method</em>.

6 0
2 years ago
1. How does Cobley connect the ideas of brands and force? What is his point about<br><br> brands?
fomenos

Answer:

How does Cobley connect the ideas of brands and force? ... He connects them by saying that the more weight the brand has the more effort it takes to change or move that brand.

Explanation:

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2 years ago
Paul Davis wants to deposit a lump sum of money today for a vacation that he plans to take to Asia after he graduates from Gradu
Yuri [45]

Options:A) Present value of a single amount

B) Future value of a single amount

C) Simple interest

D) Present value of an annuity

E) Future value of an annuity

Answer:B) Future value of a single amount.

Explanation: Future value of a single amount is an accounting concept used to describe how much a single lump sum of money deposited in a bank account would have grown up to after a given period of time. Future value of a single amount can be obtained by

multiplying the principal(P)*the interest rate(I) * time(t) The interest rate is expressed as a decimal.

The FV = P(1 + rt).

Future value of a single amount is usually used in calculating the total accrued amount of fixed deposits accounts,it is a single period investment.

4 0
2 years ago
Denmark Corporation's variance report for the purchasing department reports 1,000 units of material A purchased and 2,400 units
Nadusha1986 [10]

Answer:

Total material price variance= $380 favorable

Explanation:

Giving the following information:

Material A:

Purchase= 1,000 units

Purchase price= $2.1

Standard price= $2

Material B:

Purchase= 2,400 units

Purchase price= $2.8

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<u>To calculate the total material price variance, we need to use the following formula on each material:</u>

<u></u>

Direct material price variance= (standard price - actual price)*actual quantity

<u>Material A:</u>

Direct material price variance= (2 -2.1)*1,000

Direct material price variance= $100 unfavorable

<u>Material B:</u>

Direct material price variance= (3 - 2.8)*2,400

Direct material price variance= $480 favorable

Total material price variance= -100 + 480

Total material price variance= $380 favorable

3 0
2 years ago
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