Demand is more elastic when you are shopping in Walmart than when you shop at a small convenience store because: Group of answer choices

Answers

Answer 1

Answer:

It rises by 25%

Explanation:

Demand is more elastic when you are shopping in Walmart than when you shop at a small convenience store because: more competing products means greater elasticity. Lyft cuts the price of a ride in New York City by 10%. Thereafter, the quantity of rides demanded rises by 25%.

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Related Questions

The cost of holding excess reserves is the interest rate that could have been earned minus the interest rate that is paid on these reserves. If the interest rate is 5% and the interest rate paid on reserves is 2%, the cost of holding on excess reserves is

Answers

Answer:

7% because you would have to add 5% with 2%

Explanation:

because you would have to add 5% with 2% and get 7 %

A couple is required by their lender to have a down payment of 20% of the purchase price of the home they want to buy. If the couple has saved $35,000, what is the most expensive home the couple can afford to buy? a. $63,000 b. $140,000 c. $175,000 d. $210,000 Please select the best answer from the choices provided A B C D.

Answers

The most expensive home the couple can afford to buy a home is $175,000 having a down payment of 20%.

The computation of the total amount of expenses for home

Given,

The percentage of the down payment from the complete amount of purchase is 20%.

The total amount of saving by the couple is $35,000.

For calculating the maximum amount for buying the most expensive home the total amount of saving is assumed to be equal to the percentage of down payment.

Thus, if $35,000 is equal to 20% of the total amount then what will be the total amount?

This is computed as follows:

[tex]\begin{aligned}\text{Amount}&=\dfrac{\text{Total Savings}}{\text{\% of Down Payment}}\times100\\&=\dfrac{\$35,000}{20}\times100\\&=\$175,000\end{aligned}[/tex]

Therefore, the maximum amount that can be afforded by the couple to buy the most expensive home is $175,000.

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Answer:

Answer is C $175,000 i believe could be wrong

Explanation:

You see an ad for a payday lender which ends with the tagline, “One payday loan is all it takes to get you back on track.” Does the data above support their advertising claim?

Answers

You see an ad for a payday lender which ends with the tagline, “One payday loan is all it takes to get you back on track.” Does the data above support their advertising claim? No, it does not support their advertising claim.

the two ways that a corporation can be classified by ownership are

Answers

Answer:

The two ways that a corporation can be classified by ownership are: publicly held and privately held

Explanation:

Corporation is majorly defined by the ownership of the entity and this ownership can only be determined by the number of share being held by private groups and promoters or the general public.

Jeff has been a project assistant for XYZ Corporation for five years. Recently he was asked to train Harriet, a new employee. He suggests that she use an Excel worksheet to lay out the projects she is currently working on, and she complies. He is using ________ power.

Answers

The power that Jeff is using towards the new employee is known as Expert power.

The term "Expert power" is used in relation to employee's skill.

Expert power refers to a perception that an employee has a higher level of specific skill set that others do not have  in the organization.

Jeff does possess Expert power because he has great skill set.

Therefore, the power that Jeff is using towards the new employee is known as Expert power.

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It is not necessary, when rejecting a job candidate, to worry about how the rejection is worded, as it will have minimal, if any, impact on the organization. True False

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i would say false……….

what is the internet

Answers

Answer:

the internet is a vast network that connects computers all over the world.

Explanation:

says the internet

The table below lists the insurance options offered by AA Auto Insurance. Calculate the monthly payment for an insurance plan including the following options: Bodily Injury: $50/100,000 Property Damage: $100,000 Collision: $500 deductible Comprehensive: $100 deductible AA Auto Insurance Type of Insurance Coverage Coverage Limits Annual Premiums Bodily Injury $25/$50,000 $22. 50 $50/100,000 $31. 75 $100/300,000 $40. 25 Property Damage $25,000 $120. 50 $50,000 $144. 75 $100,000 $193. 00 Collision $100 deductible $520. 00 $250 deductible $415. 25 $500 deductible $275. 75 Comprehensive $50 deductible $110. 25 $100 deductible $100. 00 a. $50. 04 b. $50. 90 c. $54. 31 d. $68. 73 Please select the best answer from the choices provided A B C D.

Answers

The selection of the best answer from the choices provided for an insurance premium offered by the AA Auto Insurance is a. $50. 04.

Insurance coverage is a service offered by an insurer (insurance company) to the insured.  If the assured suffers some financial losses., the insurer reinstates the assured to their financial position before the event. For rendering the service, the insurance company collects from the insured some amount, monthly, quarterly, or annual charges called a premium.

Thus, based on the options given, the best insurance premium is a. $50.04.

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At the parade yesterday, Kimi sold 24 pink lemonades and 16 iced teas from her food cart. She charged $1.75 more for pink lemonade than for iced tea, and her total sales were $90.
Select the system of equations that represents this situation. Let p represent the price of pink lemonade, and let t represent the price of iced tea..

Answers

Answer:

hi

Explanation:

hi

Kimi sold 24 pink lemonades and 16 iced teas from her food cart. She charged $1.75 more for pink lemonade than for iced tea, and her total sales were $90.The system of equations that represents this situation will be 90=24(t+1.75t)+16(t), where t= price of iced tea.

What is food?

A food is a substance that basically consists the essentials which are needed for survival of a living being like protein, carbohydrate, fat, and other nutrients.

The food or the nutrients is used by the body of an organism to sustain growth and for doing vital processes and to give energy to work. The absorption and utilization of food by the body is important for nutrition and is facilitated by digestion.

The autotrophs or green plants, which convert solar energy to food by the process of photosynthesis, are the main primary source of food for most of the living beings in the earth.

The food is ingested by an organism and assimilated by the organism's cells to provide energy, maintain life, or stimulate growth.

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6 * 4 + 43 w/ solutions
net programming (tle)

Answers

Answer:

24+43w

Explanation:

Can some people give me free adopt me pets? Just put in your user and I'll add u

Answers

Answer:

U can have my fly ride neon unicorn

Explanation:

which is a good synonym for the word barter in the term barter economy?

Answers

It should be noted that a good synonym that can be used for the word barter in a barter economy is trade.

A barter economy simply means a cashless economy where a good and services are traded at negotiated rates.

It should be noted that barter systems are known as one of the earliest forms of trade. Therefore, a synonym that can be used for the word barter in a barter economy is trade.

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3. The study of economics is best described as a study of...
A. the factors that influence the stock and bond markets.
B. capitalism.
C. the choices made in producing goods and services.
D. coping with scarcity, and choices made as a result of scarcity in a society.

Answers

Answer:

Option D

Explanation:

The study of economics which can be best described as the understanding of coping with scarcity.It can be also defined as the choices which affect the result of scarcity in a common society

D. coping with scarcity, and choices made as a result of scarcity in a society.

EconomicsEconomics is a social science that studies how products and services are produced, distributed, and consumed. It investigates how individuals, businesses, governments, and nations make resource allocation decisions.The study of economics is best described as a study of D. coping with scarcity, and choices made as a result of scarcity in a society.

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13. The primary difference between GDP and Real GDP is
A. The amount of money made from foreign investments.
B. The amount of money spent in the country from only Americans.
C. It includes the income made by all Americans.
D. It accounts for inflation.

Answers

Answer:

I think option D is correct

what is a loan agreement and why is it important

Answers

Answer:

Loan agreements are an important part of borrowing money; they protect both the borrower and the lender. A loan agreement spells out the details of the transaction, including the loan amount, the interest rate, and the terms.

Explanation:

Theresa is buying a condo that costs $127,500. She has $8,300 in savings and earns $3,200 a month. Theresa would like to spend no more than 20% of her income on her mortgage payment. Which loan option would you recommend to Theresa? a. 30 year fixed, 6. 5% down at a fixed rate of 5% b. 30 year FHA, 3. 5% down at a fixed rate of 6. 5% c. 30 year fixed, 5% down at a fixed rate of 6. 25% d. 30 year fixed, 10% down at a fixed rate of 5. 75%.

Answers

Answer:a)30 year fixed, 6.5% down at fixed rate of 5%

Explanation:

Based on the information given, the loan option that would you recommend to Theresa is A. 30 year fixed, 6. 5% down at a fixed rate of 5%.

A loan simply means a form of debt that's incurred by an economic entity.

It should be noted that when an individual takes a loan, it's expected to be paid back in a particular period of time.

Therefore, the loan that will be recommended to Theresa is a 30 year fixed, 6. 5% down at a fixed rate of 5%. The reason is that it's cheaper when compared to other loan options.

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A parcel of land is 140 feet by 75 feet and the seller is asking $130 per square foot. What is the asking price

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The asking price would be $1,365,000! I found a quizlet :)

The asking price is $1,365,000 if a parcel of land is 140 feet by 75 feet and the seller is asking $130 per square foot. The cost or current market value of a residence divided by the square footage of the home yields the average price per square foot.

Why is the price per square foot important?

The price per square foot might help you determine whether a house is reasonably priced. If you're seeking to buy a home, it can help you decide what kind of offer to make. You should work together with your real estate agent and carefully evaluate sales comparables.

Given

Dimension of Parcel of land = 140 feet by 75 feet

Cost per feet = $130

Required to calculate the asking price of land =?

Price = Total sq. feet x cost per feet

Price = 140 x 75 x 130 = $1,365,000

Thus, the asking price for a parcel of land is $1,365,000.

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The type of research that compares a product or service with a competitor’s is called ?
focus groups
environmental research
market research
market intelligence tools
competitive research

Answers

Answer; Environmental Research--

Is type of research that compares a product or service with a competitor's

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if ford mustang costs $30,000 in the us and 40,000 pounds in the uk and the current exchange rate between pound and dollar is $1.2 per pound, then according to ppp pound is ______ and should ________.

Answers

Based on the information given, it can be deduced that according to ppp, pound is overvalued and should depreciate.

Purchasing power parity (PPP) simply means the idea that goods in a country will be the same cost in another country once their exchange rate is applied.

From the information given, since Ford Mustang costs $30,000 in the us and 40,000 pounds in the uk and the current exchange rate between pound and dollar is $1.2 per pound, then, pound is overvalued and should depreciate.

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Identify which accounts would appear in a post-closing trial balance: Multiple select question. purchases drawing cash accounts payable owner's capital rent expense

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There are different types of account. The accounts would appear in a post-closing trial balance are owner's capital and cash account.

The post-closing trial balance will show only asset, liability, and stockholders' equity accounts and stockholders' equity accounts.

Post-closing trial balance is simply known to be a listing of all balance sheet accounts containing non-zero balances. It is usually done at the end of a reporting period.

It is often used to verify that the total of all debit balances when equals the total of all credit balances. This should net to zero.

The post-closing trial balance is known to contains only the permanent/real accounts, which are assets, liabilities, and equity.

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What is the surface area of the Ceral box?
Hight is 30 width is 20 side width is 5

Answers

Answer:

The surface area of the ceral box is 1,500u².

Explanation:

2(30 × 5)+2(30 × 20)= 1,500

30 × 5 = 150

30 × 20 = 600

150 × 2 = 300

600 × 2 = 1,200

1,200 + 300 = 1,500

There's your answer, hopefully it's correct!

Identify the percent increase in total sales and the percent increase in sales of trench coats. Then find which percent of increase is greater and by how much greater it is than the other. (Round your answer to the nearest tenth. ) a. Sales of trench coats increased 0. 7 percentage points faster than total coat sales. B. Sales of trench coats increased 8. 3 percentage points faster than total coat sales. C. Total coat sales increased 2. 5 percentage points faster than sales of trench coats. D. Total coat sales increased 10. 7 percentage points faster than sales of trench coats.

Answers

The percentage increase in the total sales for 2006 is 15% while the increase in sales of the trench coats is 23.3%; therefore the percentage increase in total sales of trench coats is 8.3% faster.

Computation:

1. The total amount of sales for 2006 and 2007:

[tex]\begin{aligned}\text{Sales of 2006}&=103+297+210+213+137\\&=960\end{aligned}[/tex]

[tex]\begin{aligned}\text{Sales of 2007}&=127+223+210+285+259\\&=1104\end{aligned}[/tex]

2. Now, the percentage increase will be determined for the total number of coats and trench coats:

For the total number of coats, the values used will be the total sales of 2006, and total sales of 2007.

[tex]\begin{aligned}\text{Percentage Increase}&=\dfrac{\text{Sales of 2007}-\text{Sales of 2006}}{\text{Sales of 2006}}\times100\\&=\dfrac{1104-960}{960}\times100\\&=15\%\end{aligned}[/tex]

For the trench coats the values used will be the sale of trench coats in 2006 and 2007.

[tex]\begin{aligned}\text{Percentage Increase in Sale of Trench Coat}&=\dfrac{\text{Sales of 2007}-\text{Sales of 2006}}{\text{Sales of 2006}}\times100\\&=\dfrac{127-103}{103}\times100\\&=23.33\%\end{aligned}[/tex]

3. Now, the  net percentage increase in sales due to the trench coats is computed as follows:

[tex]\begin{aligned}\text{Net Percentage Change}&=\text{\text{Percentage Increase in Trench Coat}-\text{Percentage Increase}}\\&=23.33\%-15\%\\&=8.3\%\end{aligned}[/tex]

Therefore, the correct option is option B. Sales of trench coats increased 8. 3 percentage points faster than total coat sales.

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The ________ section of an informal proposal may include a request for approval or authorization, a reminder of key benefits, and a deadline beyond which the offer is invalid.

Answers

the answer is “conclusion”

The conclusion section of an informal proposal may include a request for approval or authorization, a reminder of key benefits, and a deadline beyond which the offer is invalid.

What is the conclusion?

The conclusion is the concluding portion of an academic essay. The conclusion should restate your response to the query and succinctly summarize major points. There aren't any fresh ideas or details in it.

If your essay is very extensive, you could need two or three paragraphs to close. A conclusion is the last paragraph of your essay. Usually, a conclusion does one of two things, but it can, of course, do both: the argument is summarized. Some professors anticipate that your conclusion won't include any fresh information.

A strong conclusion section should analyze how well the research objectives were met, provide a comprehensive answer to the issue statement, contrast the findings with the theoretical framework, identify areas that need more investigation, and accept or reject the developed hypothesis.

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under the omnibus crime control and safe streets act of 1968, what are employers allowed to do?

Answers

Answer:only monitor phone calls for compliance

Explanation:

Use the table to answer the question.
2007
2008
Price ($) Quantity
Price ($) Quantity
Video Games 60
100
60
200
Movies 15
20
12
50
The table above gives the prices and quantities for a fictional country that only produces video games and movies. What is the growth rate of Nominal
GDP from 2007 to 2008?
(1 point)
O 6,300
O 12,600
O 200%
O 100%

Answers

The growth rate of Nominal  GDP from 2007 to 2008 is 100%.

Nominal GDP is the gross domestic product of a country that is calculated using current year prices. It included real GDP and inflation.

Growth rate in GDP = (nominal GDP in 2008 / nominal GDP in 2007) - 1

Nominal GDP in 2007 = (60 x 100) + (15 x 20)

= $6000 + $300

= $6,300

Nominal GDP in 2008 = (60 x 200) + (12 x 50)

$12,000 + 600

= $12,600

Growth rate = ($12,600 / 6,300) - 1 = 100%

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why is 10 cents earned far more valuable than a dollar found. Critical thinking.

Answers

10 cents is more valuable than finding a dollar i think because of the connection with hardworking , rather earn something than find because are luck isn’t always trusted

to implement the marketing concept, a firm must first

Answers

Answer:

obtain information about its customers' needs

Explanation:

You must know what your customers' needs are before you try to satisfy them.

_ entail(s) the tendency of customers to do nothing or remain locked in on decisions or behaviors they have already made or are living out.In a marketing context, _______________ entail(s) the tendency of customers to do nothing or remain locked in on decisions or behaviors they have already made or are living out.

Answers

There are different aspect to marketing. In a marketing context, Inertia entail(s) the tendency of customers to do nothing or remain locked in on decisions or behaviors they have already made or are living out.

Inertia is simply known as a term that often shows the ability of a physical object to not want change and therefore resist it as much as possible.

In marketing, it is known to be a word used to show when businesses do not work or change their marketing strategies so as to meet growing consumer demands etc.

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A company makes a $5 profit on each non-faulty product it sells. Approximately 2% of the products manufactured are faulty, with no way to discover which ones are faulty before delivery. If replacement-and-repair costs for the faulty products are $100 each, what is the profit per item? loss of $15. 10 loss of $15 profit of $2. 90 profit of $3. 0.

Answers

Based  on the information given the profit per item is $2.90.

First step is to calculate the company profit

Profit=(100%-2%)×$5

Profit=98%×$5

Profit=$4.9

Second step is to calculate the profit per item

Profit per item=$4.9-($100×2%)

Profit per item=$4.9-$2

Profit per item=$2.90

Inconclusion  the profit per item is $2.90.

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The ABC Corporation has a long-standing policy of maintaining a dividend payout ratio of 45%. ABC's net income for the year is $12 million, and there are 8 million shares of common stock outstanding. After a 3:2 stock split, the annual dividend per share is

Answers

Based on the information given the annual dividend per share is $0.45.

Distribution of net income to common shareholders:

Amount available for common shareholders=45%×$12 million

Amount available for common shareholders =$5,400,000

Number of shares:

Shares=(8 million shares × 3)/2

Shares= 24 million shares/2

Shares = 12 million shares

Annual dividend per share:

Annual dividend per share=$5,400,000/12 million shares

Annual dividend per share=$0.45

Inconclusion the annual dividend per share is $0.45.

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