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Anarel [89]
2 years ago
10

According to the menu cost theory, firms will be slow in changing their prices because:

Business
1 answer:
Sladkaya [172]2 years ago
6 0

According to the menu cost the firms would be slow to changing prices because .the cost of changing the price might exceed the additional profit the price change would generate.

<h3>What is the menu cost theory?</h3>

This is the theory in the field of economics that helps to ensure the reflection of the effect of the change in price to an establishment.

According to this theory, the the cost of changing the price might exceed the additional profit the price change would generate.

Read more on the menu cost theory here:

brainly.com/question/4953989

#SPJ12

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True or false alcohol and drug abuse only affects intoxicated individuals
AURORKA [14]
<span>The answer would be false. Alcohol and Drug abuse certainly physically affects only the user, but when it comes to mental, emotional, and financial aspects alcohol and drug abusers affect the people around them, their families, and in extension, society also. That is why alcohol and drug abuse is considered a public health issue as it affects many people apart from the user himself/herself. </span>
5 0
4 years ago
Read 2 more answers
Now- a quick question. Assume at the beginning of Year2, Becker Company has a credit (positive) balance in the AOCI account of $
castortr0y [4]

Answer:

Becker Company

The amount that Becker will report as Accumulated Other Comprehensive Income on the Year 2 balance sheet is:

= $22,800.

Explanation:

a) Data and Calculations:

Year 2 Beginning balance:

Accumulated other comprehensive income (AOCI) = $10,800 credit

Year 2 reported net income = $653,000

Unrealized gain during Year 2 = $12,000

The Accumulated Other Comprehensive Income on the Year 2 balance sheet is:

Beginning balance $10,800

Unrealized gain        12,000

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b) Becker's Accumulated Other Comprehensive Income includes unrealized gains and losses arising from some investments, pension plans, and hedging transactions.  These are usually reported in the equity section of the balance sheet and then netted off from the retained earnings.

7 0
3 years ago
How does consumer response to advertising vary on different days of the week and at different times of the day
Romashka-Z-Leto [24]

Answer:

The theme is very complex, however a short explanation of that type of distribution is given below with and example.

Explanation:

To begin with, that distribution of variables will totally depend on the type of product that is being under study. Having that in mind, the distribution to the advertising will be more or less strong on the consumer's attention depending on the day. Therefore that, for example, if the case is about an alcoholic drink or something related to the weekends like clothes for going out or something like that, then the advertising will cause more impact in the consumer on fridays and saturdays and that will be like that because the consumer will now be exposed to the possible situation of going out that exact night so he or she might want to consumer an alcoholic drink.

It will be the same with the hours of every day, if the advertising is shown late at night but before party time, then the consumers will be exposed to that commercial and will the necessity of buying, psychologically speaking.

3 0
3 years ago
g A company issues a ten-year bond at par with a coupon rate of 6.5% paid semi-annually. The YTM at the beginning of the third y
Lorico [155]

Answer:

$880.31

Explanation:

Here for computing the new price of the bond we use the present value formula i.e. to be shown in the attachment

Given that,  

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NPER = 8 years  × 2 = 16

PMT = $1,000 × 6.5% ÷  2 = $32.50

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the new price of the bond is $880.31

4 0
3 years ago
Morin company's bonds mature in 8 years, have a par value of $1,000, and make an annual coupon interest payment of $65. The mark
masya89 [10]

Answer:

a. $1,024.74

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The NPER represents the time period.

Given that,  

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The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the answer would be $1,024.74

3 0
3 years ago
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