With this data in mind, albert should direct his efforts to creating advertising that will increase favorability toward UF.
A marketer should produce what it can sell rather than attempting to market what it has produced, according to the marketing principle. The marketing concept, in contrast to the selling concept, is more concerned with the needs of the customer than it is with the needs of the seller and the existing products.
Gatorade used to send big orange Gatorade containers and Gatorade paper cups to NFL sidelines for use during broadcast games in an effort to establish "field of play credibility." In exchange for the publicity it received from the football viewing audience, Gatorade provided all of this free of charge.
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Walmart can achieve a _____ using its relationships with suppliers to create an advantage that, ultimately, allows it to give customers low prices and good customer service.
Answer:
cost leadership/competitive advantage
What's an assembly line for business and what does it do?
Answer:
An assembly line is basically just a series of workers who assemble identical items in a line. One of the first uses of the assembly line was in Henry Ford's car factory.
a closed-end fund starts the year with a net asset value of $18.00. by year-end, nav equals $18.40. at the beginning of the year, the fund was selling at a 2.5% premium to nav. by the end of the year, the fund is selling at a 5% discount from nav. the fund paid year-end distributions of income and capital gains of $1.60. a. what is the rate of return to an investor in the fund during the year? (do not round intermediate calculations. round your answer to 2 decimal places.)
The closed-end fund's net asset value increased from $18.00 to $18.40 by the end of the year. The fund paid year-end distributions of income and capital gains of $1.60. the rate of return to an investor in the fund during the year is approximately 0.61%.
To calculate the rate of return to an investor in the fund during the year, we need to consider the changes in the Net Asset Value (NAV), distributions, and the initial premium and final discount.
First, let's calculate the change in NAV:
Change in NAV = NAV at the end of the year - NAV at the beginning of the year
Change in NAV = $18.40 - $18.00 = $0.40
Next, let's calculate the percentage change in NAV:
Percentage change in NAV = (Change in NAV / NAV at the beginning of the year) * 100
Percentage change in NAV = ($0.40 / $18.00) * 100 = 2.22%
Now, let's consider the distributions:
Distributions = $1.60
The rate of return to an investor in the fund during the year can be calculated as follows:
Rate of return = (Percentage change in NAV - Distributions) / (1 + Percentage change in NAV)
Rate of return = (2.22% - $1.60) / (1 + 2.22%)
Rate of return = 0.62% / 1.0222 ≈ 0.61%
Therefore, the rate of return to an investor in the fund during the year is approximately 0.61%.
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Which statement best describes one way businesses participate in the
circular flow of goods?
A. Businesses trade goods between product and resource markets.
B. Businesses provide revenue to households that sell products.
C. Businesses create goods for product markets to sell.
D. Businesses provide the labor that works in resource markets.
Businesses create goods for product markets to sell is the statement best describes one way businesses participate in the circular flow of goods. Hence, option C is correct.
What is circular flow of goods?The circular flow of goods shows the distribution of the goods and services between the production and households.
It is the never ending process of the circular flow between expenditure, income, production of goods and services.
Thus, option C is correct.
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Answer:
C. Businesses create goods for product markets to sell.
Explanation:
A. Describe the product the company sells. (1-3 sentences. 2. 0 points)
b. Which needs in Maslow's hierarchy does this product appeal to? Why would customers want this product? (1-5 sentences. 3. 0 points)
c. Describe the role a sales person would play in selling this type of product. How much help would customers be likely to need from the sales person? (1-3 sentences. 3. 0 points)
d. What sales methods do you think would work best for selling this product? TIP: Would you sell the product online, over the phone, in a store, etc. ? (1-5 sentences. 2. 0 points)
a. The company sells high-quality smartphones that offer advanced features and functionality to enhance communication, entertainment, and productivity for users.
b. This product appeals to various needs in Maslow's hierarchy. At the basic level, it satisfies the physiological need for communication and access to information. It also fulfills the need for safety and security through features like password protection and encryption. Additionally, the product can fulfill the needs of social belongingness and self-esteem by enabling connectivity, social interaction, and providing a sense of status and prestige.
c. In selling this type of product, a salesperson would play a crucial role in providing product information, demonstrating features, addressing customer inquiries, and assisting with the purchasing process. Customers may need significant help from the salesperson to understand the product's specifications, compare different models, and make an informed decision based on their needs and preferences.
d. To sell this product, a combination of sales methods would work best. Online sales channels would be effective in reaching a wide audience and allowing customers to explore product details and make purchases conveniently. However, due to the complex nature of smartphones, having physical stores where customers can receive personalized assistance, see demonstrations, and ask questions would also be beneficial. A mix of online and in-store sales methods would cater to different customer preferences and provide a comprehensive sales experience.
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what is the difference between principal balance and interest?
The principal is the money you initially committed to repaying. The cost of borrowing the principal is the interest. In most cases, any payments made toward an auto loan will be applied first to any owing fees (such as late fees).
Is interest determined by balance or principal?The principal, or the initial amount borrowed, is divided into equal monthly installments in a principal + interest loan, and the interest, or the fee for borrowing, is calculated each month based on the outstanding principal balance. This indicates that as the remaining principal decreases, so does the monthly interest payment.
Is there a balance of principal and interest?The principal balance is the total outstanding balance of the loan, including interest, despite the fact that the principal is the amount you borrowed initially.
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The principal is the sum of money you agreed to pay back at the beginning. Interest is what you pay for borrowing the money's principal. Most of the time, any payments made for a vehicle loan will be applied first to any fees that are owed.
Does the balance or the principal determine interest?In a loan with principal and interest, the principal, or the initial sum borrowed, is divided into equal monthly payments, and the interest, or the cost of borrowing, is determined each month based on the balance of the principal.
This shows that the monthly interest payment lowers in proportion to the amount of the remaining principal. Even though the principal is the amount you initially borrowed, the total amount still owed on the loan, including interest, is known as the principal balance.
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1. Suppose a firm uses skilled and unskilled workers to produce. The firm’s production function is Q = H ln(L) where Q is the output quantity; H is the number of skilled workers; and L is the number of unskilled workers. Let the wage rates of skilled and unskilled workers be wH = 2 and wL = 1 respectively. The output price is p = 1 per unit. The firm operates in competitive input and output markets. What is the profit maximizing combination of H and L? (a) H=0,L=1 (b) H=0,L=2 (c) H=L=e2 (d) H =L=ln(2) (e)H=L= √2 (f) H = 2, L = 1 (g) H=1,L=2 (h) H=4,L=2
2. Suppose an individual has a utility function U = C+3L, where C is the consumption level and L is the leisure hours. Suppose the individual has 100 hours in total for work and leisure and $10 non-labor income. The wage rate is $3.14. Which feasible consumption level maximizes the individual’s utility?
(a) 0 (b) 1.8 (c) 9.42 (d) 10 (e) 31.4 (f) 96.86 (g) 100 (h) 131.4 (i) 314 (j) 324 (k) 414
the profit-maximizing combination of skilled and unskilled workers is H = L = e^2, and the answer is (c) H = L = e^2. The feasible consumption level that maximizes the individual's utility is the non-labor income, which is $10. The answer is (d) 10.
The profit-maximizing combination of skilled and unskilled workers for the given production function and wage rates can be determined by finding the values of H and L that maximize the firm's profit.
To maximize profit, the firm should choose the combination of skilled and unskilled workers that maximizes the difference between revenue and total cost. The revenue is given by pQ, where p is the output price and Q is the output quantity. The total cost is the sum of the wage costs for skilled and unskilled workers.
In this case, the output price is $1 per unit, and the wage rates for skilled and unskilled workers are $2 and $1 respectively. The production function is Q = H ln(L).
To find the profit-maximizing combination, we need to maximize the expression (pQ - wH * H - wL * L).
Substituting the given values, the expression becomes (Q - 2H - L), as p = 1 and the wage rates are wH = 2 and wL = 1.
To find the maximum value of (Q - 2H - L), we need to find the values of H and L that satisfy the first-order conditions, which require taking partial derivatives with respect to H and L and setting them equal to zero.
Taking the partial derivative with respect to H and setting it equal to zero, we get:
d(Q - 2H - L) / dH = 0
d(H ln(L) - 2H - L) / dH = 0
ln(L) - 2 = 0
ln(L) = 2
L = e^2
Taking the partial derivative with respect to L and setting it equal to zero, we get:
d(Q - 2H - L) / dL = 0
d(H ln(L) - 2H - L) / dL = 0
H / L - 1 = 0
H = L
H = e^2
Therefore, the profit-maximizing combination of skilled and unskilled workers is H = L = e^2.
For the second question regarding the individual's utility maximization problem, we need to find the feasible consumption level that maximizes the individual's utility function U = C + 3L, given the total hours available for work and leisure and the wage rate.
The individual has 100 hours in total for work and leisure. The non-labor income is $10, and the wage rate is $3.14.
To find the feasible consumption level that maximizes utility, we need to consider the budget constraint, which is given by the equation C + wL = non-labor income + wL * leisure hours.
Substituting the given values, the budget constraint becomes:
C + 3.14L = 10 + 3.14L
Since the wage rate is the same as the leisure rate, the individual should allocate all available hours to leisure to maximize utility.
Therefore, the feasible consumption level that maximizes the individual's utility is the non-labor income, which is $10.
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Which of the following trends best explains the growth of federal dollars as a proportion of Texas state revenue
The growth of federal dollars as a proportion of Texas state revenue can be explained by several trends. One trend that contributes to this growth is the increasing reliance on federal funding for specific programs and services in Texas.
Firstly, Texas has experienced population growth in recent years, which has led to an increased demand for public services such as education, healthcare, and infrastructure. To meet these growing needs, the state government has sought federal funding to supplement its own resources. This has resulted in federal dollars becoming a larger proportion of the state's revenue.
Secondly, Texas has a significant presence of military bases and defense contractors, which receive federal funding. The defense sector plays a crucial role in the state's economy and contributes to the overall federal dollars received by Texas. As federal defense spending increases, so does the proportion of federal dollars in the state's revenue.
Furthermore, Texas is eligible for federal grants and programs that aim to support specific areas such as transportation, education, and healthcare. The state actively pursues these grants to address local needs and fund important initiatives. As a result, federal dollars become a larger share of Texas' revenue.
Lastly, economic fluctuations and natural disasters can also impact the proportion of federal dollars in Texas state revenue. For example, during times of economic downturn or after a major disaster, the federal government may provide additional funding to support recovery efforts. This influx of federal dollars can temporarily increase the proportion of federal funding in the state's revenue.
In summary, the growth of federal dollars as a proportion of Texas state revenue is influenced by factors such as population growth, the presence of military bases, federal grants and programs, and economic fluctuations. These trends highlight the state's reliance on federal funding to meet the needs of its population and support various sectors of the economy.
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The owner of the rapids river rafting company wants to advertise to a broader customer base as a way to increase revenue. Employees are a little resistant to his plan. What is one way he can persuade them that this is a good idea?
Answer:
Document ways diversity played a crucial role for business in the past
Explanation:
River rafting refers to the activity of moving quickly in a small boat along rivers
The owner of the rapids river rafting company wants to advertise to a broader customer base as a way to increase revenue.
But the employees are a little resistant to his plan.
For this document ways, diversity has played a crucial role in business in the past.
So, he can follow such ways.
I want to start my own brand & build a fashion empire. Should I go to a fashion college or to a business school?
Answer:
Honestly, business would be much better for you. Learning business will give you many more opportunities and learn how to sell your products. Business will help you with marketing, pricing, discounting, and know how to "not get effed over." I believe that would be much better for you THEN go to fashion college.
Select the qualification that is best demonstrated in each example.
Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.
Charlene is a Highway Maintenance Worker who stays on task while working by herself.
Floyd is a Repair Worker who lifts heavy objects.
Pedro is a Mechanical Door Repairer who explains a problem to a customer.
Answer:
Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.
Explanation:
The qualification that is best demonstrated out of all the options would be that Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.
Charlene's ability to stay on task has no direct correlation with being a highway worker.
Floyd's ability to lift heavy objects also has no direct correlation with being a repair worker.
Pedro's ability to explain a problem to a customer has no direct bearing on being a mechanical door repairer.
The only option with direct correlation is a stationary engineer's ability to figure out what is wrong with machinery for heating a building. A stationary engineer is also known as operating or power engineer.
Answer:
Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.
✔ problem-solving skills
Charlene is a Highway Maintenance Worker who stays on task while working by herself.
✔ independence
Floyd is a Repair Worker who lifts heavy objects.
✔ physical strength
Pedro is a Mechanical Door Repairer who explains a problem to a customer.
✔ communication skills
Explanation:
Hopes this helps you :)
A short-term savings strategy is usually designed to:
A. maximize the growth of money used for investments.
B. make sure a person has money available in an emergency.
C. increase the income a person earns by having a job.
D. allow a person to spend nearly all of the money he or she makes.
SUBMIT
Answer: B. Make sure a person has money available in an emergency. (Thanks 22ogarthwaite)
Explanation: A P E X
A short-term savings strategy is usually designed to make sure a person has money available in an emergency.
What is short term savings?An amount kept aside by an individual for the purpose of utilization in a very short span of time with a contingent purpose, is known as short term savings.
Hence, option B is true regarding short term savings.
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Interest earned on a savings account is _____.
Explanation:
Interest earned on a savings account is everfi
Which of the following best explains the significant increases in the equilibrium prices for higher education in the United States since the 1980s? The supply of higher education is highly price elastic, and demand has increased substantially. The demand for higher education is highly price inelastic, and the supply has decreased substantially. The demand for higher education is highly price elastic, and the supply has decreased substantially. The supply of higher education is highly price inelastic, and demand has increased substantially.
Answer: The supply of higher education is highly price inelastic and demand has increased substantially.
Explanation:
The option that best explains the significant increases in the equilibrium prices for higher education in the United States since the 1980s is that the supply of higher education is highly price inelastic and demand has increased substantially.
Price inelastic means that a change in price has little effect on the demand for education and since there has been an increase in the demand for education, the suppliers will increase the price which led to the increase in equilibrium price.
An article in a newspaper explains that a new business is about to open.
Answer:
So what's the question......??????
What responsibilities does a parent have in an American school system?
Communication in project management is inevitable because information must flow,
discuss aspects of project communication management and its importance to project
management.
A project normally has a budget, outline the importance of cost estimations and
budgeting in project management.
Project communication management refers to the processes and activities involved in planning, executing, and controlling the flow of information within a project. It encompasses communication planning, distribution of project information, performance reporting, and stakeholder engagement. Effective communication is crucial in project management because it ensures that all relevant information is shared among team members, stakeholders, and other involved parties. It facilitates coordination, collaboration, and decision-making, which are essential for project success.
One important aspect of project communication management is communication planning. This involves identifying the project stakeholders, determining their communication needs and preferences, and establishing a communication plan that outlines the methods, frequency, and content of communication. It helps in establishing clear lines of communication, reducing misunderstandings, and managing expectations.
Additionally, effective communication enables the timely identification and resolution of issues and risks. It promotes transparency and trust among team members and stakeholders, fostering a positive project environment. It also helps in managing conflicts, ensuring alignment of project goals, and maintaining stakeholder satisfaction.
Project communication management plays a crucial role in project success. It ensures that information is effectively shared, stakeholders are engaged, and collaboration is facilitated. By promoting clear and timely communication, project communication management enhances decision-making, minimizes risks, and fosters a positive project environment.
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A credit union
Question 3 options:
is larger than most banks
promotes good spending habits among its members
will allow anyone to join
provides financial service at a higher cost than a bank
Answer: A credit union promotes good spending habits among its members.
yo my old account got disable so i'm on this account plz help me get back up to the top
All of the following are considered appropriate speech in the workplace except O A. use of slang O O B. use of proper grammar O C. good pronunciation. O D. no use of swear words.
Answer:
a and d, The reason is your bussiness you should keep it professional.
Explanation:
All of the following are considered appropriate speech in the workplace except for the use of slang. Thus, option D is correct.
What is a workplace?A workplace, also known as a place of work, is a place where employees carry out duties, jobs, and projects on behalf of their boss. inevitably, a happy and pleased person will show this in his whole personality and development as a person. Other than just increased efficiency and staff fulfillment are some of the overall effects of a positive work environment.
While using slang at home or in social settings is allowed, doing so within the workplace can have unfavorable consequences. The employing of the vocabulary may cause misunderstandings in communication and can make those who cannot comprehend it feel excluded or alone.
Therefore, option D is the correct option.
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The rent that space in a property has the potential to generate in typical market conditions is called?
Market rent can fluctuate over time due to changing market conditions and factors affecting the local real estate market.
The rent that space in a property has the potential to generate in typical market conditions is called market rent.
Market rent refers to the amount of money that a landlord could expect to receive for leasing out their property or a specific space within it.
It is determined by various factors, such as location, size, condition, and demand for similar properties in the market.
Market rent is influenced by market forces, including supply and demand dynamics, economic conditions, and competition. Landlords often set their rental prices close to the market rent to attract tenants and ensure a fair return on their investment.
However, market rent can fluctuate over time due to changing market conditions and factors affecting the local real estate market.
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the following information is available for the year ended december 31: beginning raw materials inventory $ 12,600 raw materials purchases 89,200 ending raw materials inventory 12,000 advertising expense 740 the amount of raw materials used in production for the year is: multiple choice
The amount of raw materials used in production for the year is $90,800.
To calculate the amount of raw materials used in production for the year, we need to subtract the change in raw materials inventory from the sum of beginning raw materials inventory and raw materials purchases.
Beginning raw materials inventory: $12,600
Raw materials purchases: $89,200
Ending raw materials inventory: $12,000
Raw materials used in production = (Beginning raw materials inventory + Raw materials purchases) - Ending raw materials inventory
Raw materials used in production = ($12,600 + $89,200) - $12,000
Raw materials used in production = $102,800 - $12,000
Raw materials used in production = $90,800
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if too little of a good is being produced in the free market, the production of the good is likely to have a(n) ________ externality.
If too little of a good is being produced in the free market, the production of the good is likely to have a positive externality.
In economics, an externality is the impact of a market transaction on parties other than the buyer and seller. It can be either positive or negative. A positive externality occurs when the production or consumption of a good or service benefits third parties who are not directly involved in the transaction. In the case of too little production of a good in the free market, a positive externality implies that the social benefits of producing the good exceed the private benefits. In other words, there are additional benefits to society as a whole that are not fully captured by the individual producers or consumers.
For example, if a company produces a vaccine that not only protects the individual receiving the vaccine but also contributes to herd immunity, the production of the vaccine would have a positive externality. The benefits of reduced transmission and decreased disease prevalence extend beyond the individual, providing social benefits. When positive externalities exist, the market may under allocate resources to the production of the good. In such cases, government intervention or other measures may be necessary to correct the market failure and ensure an efficient allocation of resources.
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Q/ Models are an important way of simplifying information in
economics. If you were to use a model to represent a coffee shop
(such as Starbucks), what crucial features would you include?
Answer:
c
Explanation:
c
Automated teller machine to provide all the following services except
Answer:
b. statement printouts
Multiple-choice answers for this question are:
a. Account balance checks b. statement printouts c. cash withdrawals d. money transfers
Explanation:
An ATM ( automated teller machine) provides a convenient way to perform some basic banking operations outside the banking hall. Customers can check their account balance, do transfers, deposit, and withdraw from their accounts from an ATM. A debit card is required to access the bank account via ATM.
An ATM does not print bank statements. A customer requiring a bank statement will need to walk into the banking hall to request the inquiries desk.
Answer:
Statement Printouts
Explanation:
Consider a market where supply and demand are given by QXS = -18 + PX and QXd = 90 - 2PX. Suppose the government imposes a price floor of $41, and agrees to purchase and discard any and all units consumers do not buy at the floor price of $41 per unit.
Instructions: Enter your responses rounded to the nearest penny (two decimal places).
a. Determine the cost to the government of buying firms’ unsold units.
$
b. Compute the lost social welfare (deadweight loss) that stems from the $41 price floor.
$
I have to re-submit question because someone got answer wrong.. 615 is correct for a, but he put 75 for b which is wrong
a). The cost to the government of buying firms' unsold units is $615.
b). The lost social welfare (deadweight loss) resulting from the $41 price floor is $0.
a. The cost to the government of buying firms' unsold units can be determined by calculating the difference between the quantity supplied and the quantity demanded at the price floor of $41.
To find the quantity supplied, we substitute the price of $41 into the supply equation: QXS = -18 + PX.
QXS = -18 + (41)
QXS = 23
To find the quantity demanded, we substitute the price of $41 into the demand equation: QXd = 90 - 2PX.
QXd = 90 - 2(41)
QXd = 90 - 82
QXd = 8
Since the quantity supplied (23) is greater than the quantity demanded (8) at the price floor of $41, the government would need to buy and discard the excess units.
The cost to the government can be calculated by multiplying the excess quantity (23 - 8 = 15) by the price floor of $41:
Cost = 15 * 41 = $615.
Therefore, the cost to the government of buying firms' unsold units is $615.
b. The lost social welfare (deadweight loss) resulting from the price floor can be calculated by finding the area of the triangle formed by the difference between the quantity supplied and the quantity demanded at the price floor.
To find the deadweight loss, we need to calculate the difference between the quantity supplied (23) and the quantity demanded (8) at the price floor of $41:
Deadweight Loss = (1/2) * (23 - 8) * (41 - 41)
Deadweight Loss = (1/2) * 15 * 0
Deadweight Loss = 0.
Therefore, the lost social welfare (deadweight loss) resulting from the $41 price floor is $0. This implies that there is no deadweight loss since the quantity demanded matches the quantity supplied at the price floor.
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For management, the major downside of telecommuting is ________. decreased productivity less direct supervision of employees difficulty in scheduling work increased turnover reduced morale
A disadvantage of telecommuting for management is related to less direct supervision of employees.
What is telecommuting?It corresponds to carrying out work tasks outside the traditional office, using telecommunications tools such as a computer and cell phone to establish communication with the team.
Despite the advantages of generating greater motivation and autonomy for employees, telecommuting can be challenging for the control and supervision of activities.
Therefore, the ideal is that there are strategic measures to ensure that activities are carried out in accordance with expectations, creating work goals to increase quality and productivity.
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Consider two perfectly negatively correlated risky securities A and B. A has an expected rate of return of 10% and a standard deviation of 16%. B has an expected rate of return of 8% and a standard deviation of 12%. What is the weight of Security A in the global minimum variance portfolio? Format your answer as a percent to 2 decimal places. (e.g. XX.XX% do not show % sign)
Answer:
0.43
Explanation:
The computation of the weight of Security A for the minimum variance portfolio is shown below:
Weight of security A is
= (Standard deviation of Security B) ÷ (Sum of the standard deviation of securities)
= (12%) ÷ (16% + 12%)
= (12%) ÷ (28%)
= 0.43
We simply applied the above formula so that the weight of Security A
plt restaurant sold 2,500 lunch boxes during the past month with a price of $10.00 per lunch box. during this month, the price of a lunch box is increased by $5.00 and the total number of lunch boxes sold now is 2,200. what is the price elasticity of demand? what is the effect of the decrease in the
the price elasticity of demand is 0.24
Since we are given that, a restaurant sold 2,500 lunch boxes, with a price of $10.00 per lunch box, later the price increased by $5.00 and they told 2,200 boxes for the new price
we know the percentage change in quantiy is to work out the difference between the two quantities which is
Increase = New quantity - Original quantity / original number x 100
= 2500-2000/2500 × 100
= 300/2500 × 100
= 0.12 × 100
= 12%
The percentage change in price will be:
= 10-5/10 × 100
= 5/10 × 100
= 0.5 × 100
= 50%
Since Price elasticity of demand is the proportion of the rate alter in the amount demanded of an item to the rate alter in price
the price elasticity of demand will be :
= 12%/50%
= 0.24
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True or false? the usda allows food companies to put any claims they want on food packages.
The USDA allows food companies to put any claims they want on food packages, is the true statement.
What is USDA?We provide leadership on issues connected to food, agriculture, natural resources, rural development, nutrition, and related areas on the basis of public policy, the best available science, and effective management.
The USDA serves Americans in more than 4,500 locations nationally and abroad with a workforce of about 100,000 people spread across 29 organizations and offices.
The United States Department of Agriculture is in responsibility of making and enforcing laws pertaining to agriculture, forestry, rural economic development, and food as the executive arm of the federal government.
Numerous grant and loan programs run by USDA Rural Development are essential for rural areas.
Thus, it is a true statement.
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