Inelastic Study guides, Class notes & Summaries

Commercial real estate assets have a number of attributes that make them unique relative to other types of investments. These attributes include the following: (x10) correct answers 1. They involve land 2.Transaction time frames are long 3. Transaction costs are high 4. they are expensive 5. They are long lasting 6. Highly regulated 7. have a long production cycle 8. are management intensive 9. are heterogeneous 10. Involve measuring return on investment 1. Long-lasting, Durable ...

price definition: narrowly - the amount of money charged for a product or service price definition: broadly - the sum of all the values that consumers exchange for the benefits of having or using the product or service internal factors affecting price decisions - marketing objectives marketing mix strategies costs organizational considerations external factors affecting price decisions - nature of the market and demand competition other environmental factors (economy, gov, resellers, so...

RECA Commercial Unit 2 Questions and Answers Graded A+ Commercial real estate assets have a number of attributes that make them unique relative to other types of investments. These attributes include the following: (x10) 1. They involve land 2.Transaction time frames are long 3. Transaction costs are high 4. they are expensive 5. They are long lasting 6. Highly regulated 7. have a long production cycle 8. are management intensive 9. are heterogeneous 10. Involve measuring return ...

Consumer Product - correct answer -Satisfies a want or a need business product - correct answer -a product used to manufacture other goods or services, to facilitate an organization's operations, or to resell to other customers content marketing - correct answer -a strategic marketing approach that focuses on creating and distributing content that is valuable, relevant and consistent Relationship Marketing - correct answer -a strategy that focuses on keeping and improving relationships...

ECO Midterm Exam Poss. Questions & Answers 2024 Buying stock on the margin is a way to use leverage. - ANSWER-True Austrian economists tend to favor free market solutions to economic problems, and Keynesians tend to favor an active government. - ANSWER-True If a product faces an elastic demand curve, total revenue will increase when the price increases. - ANSWER-False Opportunity cost is - ANSWER-that which you give up in the best alternative choice when making a decision An in...

Managerial Economics & Business Strategy Michael Baye 9th Edition- Test BankAssume that the price elasticity of demand is −2 for a certain firm’s product. If the firm raises price, the firm’s managers can expect total revenue to:A price elasticity of zero corresponds to a demand curve that is: A. horizontal. B. downward sloping with a slope always equal to 1. C.vertical. D. either vertical or horizontal.As we move down along a linear demand curve, the price elasticity of demand becomes...

BUS-M300 Final Exam Questions And Correct Answers When is Price Promotion effective? When the customer is sensitive to price. Inelastic % change in demand is LESS THAN % change in price. Elastic % change in demand is GREATER THAN % change in price. -Price increases, revenue decreases -Price decreases, revenue increases Promotional Pricing Price below list or cost for short run sales (discounts and rebates). Everyday Low Pricing Strategy For price sensitive. Customary Pricing Tra...

Question 1 10 / 10 points The branch of economics that examines the impact of choices on aggregates in the economy is: Question options: positive economics. normative economics. macroeconomics. microeconomics. Question 2 10 / 10 points When we are forced to make choices we are facing the concept of: Question options: ceteris paribus. free goods. scarcity. the margin. Question 3 10 / 10 points An economic system is the set of rules that define _______ and _______ . Question op...

Question 1 Correct Mark 1.00 out of 1.00 Flag question Question text Deficits cause governments to: Select one: a. issue bonds b. issue bonds with 10-year maturity c. issue bonds with 2-year maturity Feedback The correct answer is: issue bonds Question 2 Incorrect Mark 0.00 out of 1.00 Flag question Question text Securities with a year or more to maturity trade in __________. Select one: a. Money markets b. Capital markets c. Derivatives market d. All of the above F...

A. - ANSWER-Which of the following is true if demand is inelastic? A. The price elasticity of demand will be less than 1 in absolute value. B. The percentage in price will be less than the percentage change in quantity demanded. C. There are many substitutes for the good in question. D. All of the above. D. - ANSWER-How do economists avoid confusion over units in the computation of elasticity? A. By using index numbers rather than whole numbers. B. By using aggregate...