Suppose That in a Month the Price of Pizza Increases

question 87

Multiple Choice

Suppose that in a month the price of pizza increases from $4 to $5. At the same time, the quantity of pizzas demanded decreases from 200 to 190. The price elasticity of demand for pizza calculated using the midpoint formula) is:

• A)zero.
• B)inelastic.
• C)unitary elastic.
• D)elastic.

Calculate the payout ratio and its implications on the firm’s dividends policy.

Analyze and calculate the internal growth rate for a firm.

Understand the relationship between profit margin, asset turnover, dividend payout, and growth rate.

Calculate the needed fixed assets for projected sales growth.

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