Consumer Price Index
Selling price = Total Cost (Total Variable cost + Total fixed cost) + profit margin
if a price cut decreases total revenue, demand is elastic. if a price cut decreases total revenue, demand is inelastic. if a price cut leaves total revenue unchanged, demand is unit elastic.
Price elasticity of demand is used to determine how changes in price will effect total revenue. If demand is elastic(>1) a change in price will result in the opposite change in total revenue.(+P=-TR) When demand is unit elastic(=1) a change in price wont change total revenue. If demand is inelastic a change in price will result in a change in total revenue in the same direction.(+P=+TR)
Total revenue minus total costs is the total profit of a producer. This can be increased by increasing the price, decreasing the costs while keeping the price constant and/or increasing the sales of the product or service.
The Dow Jones Industrial average is a price weighted index.
Yes, the Dow Jones Industrial Index is a price weighted index.
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Yes
A flow weighted average is found by dividing the total load over the estimation time by the total stream flow.
VWAP (Volume weighted average price)Volume weighted average price (VWAP), which is calculated by dividing the value of trades by the volume over a given period.
Weighted average inventory valuation method is method in which inventory purchased at any price is put together to calculate one price for allocation in contrast to FIFO or LIFO.
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Weighted average or first in first out
Weighted average contribution margin is the weighted amount of contribution margin generated by all units of different mix of products to recover the total fixed cost of company.
What is weight distribution?
The total value of material divided by the total quantiy of stock