Business, 17.12.2019 01:31 kingcory6230
Afirm sells 3,000 headphones at a price of $3 per unit. even though this price is slightly higher than competing brands, the management is considering a further increase in price by 25 cents. the firm plans to focus advertising efforts on superior sound clarity. rachel, the firm's marketing head, feels confident that a price increase by 25 cents will increase revenue. industry analysts are of the opinion that even though the revenue is likely to increase, the firm must be careful of rivals who are actively competing for higher market share. which of the following are both the management and the industry analysts likely to agree with?
a. total revenue is maximized when the firm sells 3,000 headphones at $3 each.
b. consumers of this particular brand of headphones are extremely price-sensitive.
c. the firm is operating on the inelastic portion of its demand curve.
d. the demand for headphones in general is more elastic than this particular brand of headphones.
e. there is no product differentiation in this market.
Answers: 2
Business, 21.06.2019 16:30
ernst's electrical has a bond issue outstanding with ten years to maturity. these bonds have a $1,000 face value, a 5 percent coupon, and pay interest semiminusannually. the bonds are currently quoted at 96 percent of face value. what is ernst's pretax cost of debt?
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Business, 22.06.2019 07:30
Most states have licensing registration requirements for child care centers and family daycare homes. these usually include minimum standard for operation. which of the following would you most likely find required in a statement of state licensing standards for child care centers?
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Business, 22.06.2019 08:00
Who is not spending wisely? erika goes shopping and saves her receipts. she totals how much she spent and writes it down. mia needs to buy a new pair of shoes because she joined the soccer team. she looks at newspaper ads to find the best price. lauren has been thinking about getting a puppy for a long time. she walks by the pet store at the mall and decides to get a puppy. erin makes a purchase online using a credit card. she knows that she can pay the entire bill when it arrives.
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Business, 23.06.2019 06:10
The a/p clerk of a company writes the checks for vendors, and the controller signs the checks. the a/p clerk hasdevised a plan to give herself a raise. she creates a new vendor for her friend's business and creates two purchaseorders for random car detailing services for $75 and $70. she writes the checks to pay these new vendors knowing thecontroller will only pay close attention to checks over $100. she delivers the checks to her friend to deposit in his bankaccount, and then he writes her a personal check for the full amount of $145.ceventually, what will be the effect of her actions? what can the company do to prevent this type of behavior? due mondav
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Afirm sells 3,000 headphones at a price of $3 per unit. even though this price is slightly higher th...
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