How does elasticity affect a company’s pricing policy?
if demand is unitary elastic, the company knows that a decrease in price would decrease total revenues.
if demand is unitary elastic, the company knows that an increase in price would increase total revenues.
if demand is elastic at the current price, the company knows that an increase in price would reduce total revenues.
if demand is inelastic at the current price, the company knows that an increase in price would reduce total revenues.

Which economic indicators are used to measure the global economy? check all that apply. a. purchasing power parity b. trade volumes c. spending power parity d. labor market data e. gross domestic product f. trade deficits and surpluses

What should a food worker use to retrieve ice from an ice machine?

Sauer food company has decided to buy a new computer system with an expected life of three years. the cost is $440,000. the company can borrow $440,000 for three years at 14 percent annual interest or for one year at 12 percent annual interest. assume interest is paid in full at the end of each year. a. how much would sauer food company save in interest over the three-year life of the computer system if the one-year loan is utilized and the loan is rolled over (reborrowed) each year at the same 12 percent rate? compare this to the 14 percent three-year loan.