1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ki77a [65]
1 year ago
12

assuming everything else stays the same, an increase in the price of laptop computers will of laptop computers.

Business
1 answer:
Allushta [10]1 year ago
8 0

An increase in the price of laptop computers will decrease the quantity demanded of laptop computers.(option b)

<h3>What is the impact of an increase in price?</h3>

The law of demand postulates that there is an inverse relationship between price and the quantity demanded of a good. This means that if price of the good increases, the quantity demanded of the good declines. If price declines, the quantity demanded increases.

Thus, if the price of laptop increases, the quantity demanded of the good would decline. Only changes in the price of a good affects the quantity demanded of that good.  

Here are the options:

Assuming everything else stays the same, an increase in the price of laptop computers will _____ of laptop computers.

a. decrease the quantity demanded

b. increase the demand

c. increase the quantity demanded

d. decrease the demand

To learn more about the law of demand, please check: brainly.com/question/26546773

#SPJ1

You might be interested in
Marketing Strategy Formulation
Keith_Richards [23]

Answer:

Marketing Strategy Formulation

Goals indicate what a business unit wants to achieve; strategy answers how to get there.

Basic generic strategies

Overall cost leadership

The business works hard to achieve the lowest costs. The problem with this strategy is that other food trucks will usually emerge with still lower costs. The real key is for Chix and Waffles to achieve the lowest costs among those competitors adopting a similar differentiation or focus strategy.

Differentiation

The business concentrates on achieving superior performance in an important customer benefit area valued by a large part of the market(s).

Focus

The business focuses on one or more narrow market segments rather than going after a large market. The food truck gets to know the needs of these segments and pursues either cost leadership or a form of differentiation within the target segments.

Goal Formulation

Goals are listed hierarchically, from most to least important. State the objectives quantitatively with a time line and a due date. Your goal at this point of your business plan is to execute the business plan in order to achieve the budgeted profits by the end of the first quarter of re-opening.

Examples

Goal #1: Achieve budgeted profits of __________ by July 31, 2021.

Strategy #1 - How are you going to do it? Develop a statement or series of statements that tell how you are going to achieve profit. Use your cost control course or purchasing course to list a series of actions that will achieve the following costs.

Actions: Food cost: __________

Bar cost: ___________

Labor cost: _________

Strategy #2

Goal #2: Achieve budgeted sales of __________ by July 31, 2021.

Strategy #1 - How are you going to do it? Develop a statement around one of the three generic strategies listed above.

Actions: Achieve cost leadership of our direct competition through ________________ (use of publicist, advertising, promotions, TV, etc.).

Strategy #2

Goal #3: Execute cultural values to embrace market to build concept loyalty and build repeat customer trial to 12 visits per quarter by July 31, 2021.

Strategy #1 – How are you going to establish a guest list and measure repeat patronage?

Actions:

8 0
3 years ago
You are marketing manager for a company that packages and markets vacations to exotic locations. You use a variety of media to p
Readme [11.4K]

Answer:

integrated programs are usually way more effective than programs that are not integrated

Explanation:

According to my research on different marketing techniques, I can say that the efforts need to be integrated because integrated programs are usually way more effective than programs that are not integrated. This is because integrated efforts will reach a wider audience which will lead to more sales.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
An auditor wants to verify that for a given inventory acquisition, (1) the merchandise was ordered by the company, (2) the merch
choli [55]

The answer is: 1. the merchandise was ordered by the company

The auditor could easily obtain this information by looking at the company's purchase order. Purchase order would contain information regarding sellers, types of products, dates, prices, and quantities of the products ordered. This information is what the auditor need to fully verify the inventory acquisition.

5 0
3 years ago
Garrett Company provided the following information:
uysha [10]

Answer:

Overall operating profit will decrease by $25,000

Price is $32.5

Explanation:

A product should be shut down if doing so would make the savings in fixed costs associated with the product to exceed the lost contribution. Other wise , the product should remain.

In a shut down decision , the following relevant cash flows should be considered:

1. Lost contribution from the product to be shut down

2. Savings in fixed directly attributable to the product under consideration.

                                                                                          $

Lost contribution from products 2  

(15-10)× 20,000                                                            (100,000)

Savings in direct fixed cos                                        <u>   75,000</u>

Net loss from the drop of product 2                         <u>  (25,000)</u>

Overall operating profit will decrease by $25,000

Mark up is the proportion of cost as profit

Price = cost + (mark-up %×  cost

Price = 25 + (30%× 25) = 32.5

Price is $32.5

3 0
3 years ago
The income statement reports all of the following except: Group of answer choices The time period over which the earnings occurr
velikii [3]

All of the following are reported in the income statement, with the exception of Assets owned by a business which is a balance sheet item not included in income statement.

A financial report describing a company's income and expenses over a reporting period is called an income statement. It is usually prepared quarterly or annually and is also known as a profit and loss (P&L) statement. An organization's financial performance over a reporting period is shown in income statements.

The following details are commonly found on an income statement:

Revenue: The amount of money received by a company during a reporting period

Costs : Incurred by a company during a reporting period.

Costs of goods sold (COGS): The total expenses for the parts that make up any good or service that a business produces and sells.

Revenue less the cost of items sold is known as gross profit.

gross profit less operating expenses equals operating income.

Operating income less non-operating costs equals income before taxes.

Net income: Earnings before to taxation

Net income divided by the total number of outstanding shares is known as earnings per share (EPS).

Depreciation: The gradual loss of value in assets over time, including stock, machinery, and property

Earnings before interest, taxes, depreciation, and amortization, or EBITDA

Learn more about income statement here

brainly.com/question/24052393

#SPJ4

8 0
2 years ago
Other questions:
  • The City of Twizzle issues $10,000,000 face value of general obligation bonds for $9,800,000. The bonds will be used for the con
    13·2 answers
  • Stella manages the production team at Camden Inc., a manufacturer of heavy industry machinery in the United States. She needs to
    5·1 answer
  • C. calculate the dollar value of us bonds held by the chinese government. explain how you determined your answer. identify the r
    10·2 answers
  • The newly discovered island of Mogran is in the process of setting up a new country and establishing a monetary system. The Mogr
    9·1 answer
  • In which step of the learning and development process does the employer identify if there are gaps in what new employees need to
    5·1 answer
  • Nabors Company reported the following current assets and liabilities for December 31 for two recent years:
    5·1 answer
  • A basketball player is offered the following contract today, Jan. 1, 2012: $2 million immediately, $2.40 million in 2012, $2.90
    5·1 answer
  • After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of direct
    9·1 answer
  • Hewlett-Packard founders David Packard and William Hewlett strived to create a close-knit organizational culture that gave a lot
    12·1 answer
  • When dragons on planet Pern lay eggs, the eggs are either green or yellow. The biologists have observed over the years that 26%
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!