The cost to manufacture shoes decreases. Which statement describes the expected outcome?

1 answer:

4 0

The statement that describes the expected outcome is: c. Supply of the shoes will increase, and market price will decrease.

<h3>What is supply?</h3>

Supply can be defined as the amount of goods or product produce that is available for buyers to buy or purchase.

If the cost of production is lower ,this will lead to increase in production as companies will be able to buy more materials and the outcome of this is that the market price of goods or product will reduce because the cost to manufactures has reduced.

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Snowboards Inc. refuses to sell its products to Timber Winter Sports Stores, Inc., a retail snowboard dealership. This violates

Lilit [14]

Answer:

b. The refusal has an anti competitive effect on the market.

Explanation:

When a company that sells certain products fails to sell same to a retailer who deals in same products, such is said to have anti competitive effect on the market. The aim is to reduce competition in the market.

This type of refusal would always lead to price fixing, boycott.etc. When there is price fixing, it would lead to customers being unable to buy the product due to high price.

Products that are evenly distributed and not selective would increase competition in the market place such that customers would be able to purchase such product in any retail shop that sells the products.

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2 years ago

The potential advantages of traditional mail surveys are quick response and lower cost than online surveys, but this advantage h

AURORKA [14]

Answer:False

Explanation:

The potential advantage of online surveys are quick response rate and low cost than traditional surveys. This statement contradicts the above stamement.

Online surveys has faster medium to reach the target audience,cost-efficient.These are characteristics of online survey not traditional survey

So therefore it is false

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3 years ago

Alan runs a small manufacturing business. One day, a subordinate informed Alan about a problem in the production process because

Anton [14]

D. Resourcefulness; if you can pick more than one than also chose A. Confidence.

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2 years ago

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Determine whether the statement describes a descriptive or inferential statistic. a recent poll of 2707 home owners in michigan

jolli1 [7]

The average price of a house in the u.s. is $265,000. this statement describes an Inferential Statistic.

Statistical inference is the technique of using information analysis to infer houses of an underlying distribution of possibility. Inferential statistical evaluation infers homes of a population, for instance by trying out hypotheses and deriving estimates.

Inferential facts are regularly used to evaluate the differences between the remedy businesses. Inferential facts use measurements from the pattern of topics within the test to evaluate the treatment organizations and make generalizations approximately the bigger population of subjects. inferential statistics are used to decide if there's a good-sized distinction between the method of businesses and the way they're associated. T-tests are used while the facts sets comply with a regular distribution and have unknown variances, just like the records set recorded from flipping a coin one hundred instances.

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1 year ago

densk [106]

OB is false. Hope that answers your question

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2 years ago