The price elasticity of demand for Stork iceminus−cream is minus− 4. Suppose you're told that following a price increase, quantity demanded fell by 10 percent. What was the percentage change in price that brought this about? A. 0.4 percent. B. 25 percent. C. 40 percent. D. 2.5 percent.

What is the most important type of decision that the financial manager makes?

mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?

Which of the following has the largest impact on opportunity cost