Business, 20.11.2019 07:31 nsg0686

You sell t-shirts in the street corner in order to support some of your tuition costs. around the middle of the semester, your friend carlos gives you the following advice: "if you increase the price of each t-shirt you sell you will be able to make a lot more money selling your t-shirts". for carlos to be right, the price elasticity of t-shirts must be price:
a) constant
b) elastic
c) unitary
d) inelastic

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 23:30, rbriezz

The uno company was formed on january 2, year 1, to sell a single product. over a 2-year period, uno’s acquisition costs have increased steadily. physical quantities held in inventory were equal to 3 months’ sales at december 31, year 1, and zero at december 31, year 2. assuming the periodic inventory system, the inventory cost method which reports the highest amount for each of the following is inventory december 31, year 1/ cost of sales year 2 a: lifo fifo b: lifo lifo c: fifo fifo d: fifo lifo

Answers: 3

continue

Business, 22.06.2019 07:30, dimondqueen511

Which two of the following are benefits of consumer programs

Answers: 1

continue

Business, 22.06.2019 19:20, cathydaves

Bcorporation, a merchandising company, reported the following results for october: sales $ 490,000 cost of goods sold (all variable) $ 169,700 total variable selling expense $ 24,200 total fixed selling expense $ 21,700 total variable administrative expense $ 13,200 total fixed administrative expense $ 33,600 the contribution margin for october is:

Answers: 1

continue

Business, 22.06.2019 20:00, hunter3978

Assume the perpetual inventory method is used. 1) the company purchased $12,500 of merchandise on account under terms 2/10, n/30. 2) the company returned $1,200 of merchandise to the supplier before payment was made. 3) the liability was paid within the discount period. 4) all of the merchandise purchased was sold for $18,800 cash. what effect will the return of merchandise to the supplier have on the accounting equation?

Answers: 2

continue

You know the right answer?

You sell t-shirts in the street corner in order to support some of your tuition costs. around the mi...