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Mekhanik [1.2K]
2 years ago
13

Demand for bikes has suddenly increased, and the

Business
1 answer:
soldier1979 [14.2K]2 years ago
5 0

When the demand for bikes has considerably increased with a rise in price by $10, then the profit also increases by $10 on every bike sold.

<h3>What is meant by profit?</h3>

Profit is an incentive earned by a company by selling its products at a price higher than the original cost.

From the provided situation, it has been analyzed that there is a direct relationship between price and demand, which means an increase in demand leads to a rise in prices also. This will ultimately raise the profits of a company in respect of goods sold.

Therefore, the profits are also raised by $10 in a similar way as the rise in price by $10 due to an increase in demand for bikes.

Learn more about the economic profit in the related link:

brainly.com/question/15699405

#SPJ1

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According to an SEC investigation, Computer Associates, one of the world's largest software companies, backdated contracts to bo
professor190 [17]

The statement, "According to an SEC investigation, Computer Associates, one of the world's largest software companies, backdated contracts to boost the company's reported revenues. This is not prescribed as an ethical business practice." is True .

Option a

<u> Explanation: </u>

To thrive in the competitive world of business one has to have ethics in doing business.  By doing ethical practices in the business it will boost the image of the company before the customer and it will be helpful for them to compete in the market.

From the above statement even though it is the world's largest software company it has backdated the projects contracts period to show better performance in the revenues.

Even though the project are genuine but the moral responsibility in reporting revenues  to the investors take taken a dent by doing an unethical thing.

6 0
3 years ago
The current price on a 46-inch flat panel LCD HD television is $2,300. Big screen HD television prices have dropped at an averag
Alona [7]

Answer:

$1,776.06

Explanation:

The price of LED television after 3 years will be the equivalent of the current value of $2300 discounted at 9 % for 3 years.

The presented value will  FV/(1+r)n

PV =$2300

r=9%

n=3 years

PV=$2300 / (1+9/100)3

=$2300 / (1 + 0.09)3

=$2300/1.2950

=$1,776.06

8 0
4 years ago
In the context of internal components of organizations, the _____ is the wide range of tools, knowledge, and/or techniques used
abruzzese [7]

Answer:

The correct answer is letter "C": Organizational technology.

Explanation:

Organizational technology refers to all the equipment -hardware and software- a company counts on to fasten, automate, and improve the firm's operations. This technology also includes unique strategies and knowledge in general that allow entities to have a competitive advantage.  

<em>Thanks to organizational technology companies can use inputs -such as raw materials- and transform them in intermediaries goods or products ready to be offered to end-consumers.</em>

4 0
3 years ago
How could the journalist improve this article to be less biased?
liubo4ka [24]

We need to see the article to give the best answer, but the closest choice would be <u>D.</u>

Giving both sides of the story is one way to avoid bias (aka favoring) toward one side.

7 0
4 years ago
Melissa is a minor who agrees to purchase a car from Umberto for $10,000 one month after she turns eighteen years of age. On tur
BartSMP [9]

Answer:

enforceable because it has been expressly ratified by Melissa.

Explanation:

A contract is defined as a legally binding agreement between parties, and is enforceable on both parties involved. There is usually an offer and acceptance to make the contract valid and enforceable. It can involve exchange of goods and services, or future promise to exchange goods and services.

In this instance bMelinda agreed with Umberto that she will buy a car from him when she turns 18 years. The condition to the contract was Melinda turning 18 years.

She has ratified this condition so the contract is now enforceable.

7 0
4 years ago
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