All categories

2 years ago

An increase in the price of a product will reduce the quantity demanded for that product because:________

1 answer:

4 0

An increase in the price of a product will reduce the quantity demanded for that product because quantity demanded to increase. The process of figuring out a product's quantitative value based on both internal and external elements is called product pricing. Product pricing directly affects your company's entire success, including cash flow, profit margins, and client demand.

Follow these three procedures to get the selling price per unit for your product: Determine the total cost of all the items you bought. The cost price is obtained by dividing the entire cost by the total number of units purchased. To determine the final selling price, use the selling price formula.

To learn more product, click here.

brainly.com/question/22852400

#SPJ4

You might be interested in

Investment X offers to pay you $6,200 per year for nine years, whereas Investment Y offers to pay you $9,000 per year for five y

Ira Lisetskai [31]

Answer:

a)Present value [X] = $46,099.06

Present value[Y] = $40,066.40

b) Present value[X] = $30,667.51

Present value[Y] = $30,897.73

Explanation:

Present value of an ordinary annuity is calculated as follows:

$Present value =PMT*\frac{[1-(1+i)^-^n]}{i}$

where PMT = the value of the individual payments in each period

i = the interest rate that would be compounded in each compounding period

n = the number of payment periods

a) Present value of X given PMT = 6,200; i=0.04; n = 9 is calculated as follows:

Present value[X] = $6,200*\frac{[1-(1+0.04)^-^9]}{0.04}$ = $46,099.06

Present value of Y given PMT = 9,000; i=0.04; n = 5 is calculated as follows:

Present value[Y] = $9,000*\frac{[1-(1+0.04)^-^5]}{0.04}$ = $40,066.40

b) if the discount rate is 14% and all other variables do not change

Present value[X] = $6,200*\frac{[1-(1+0.14)^-^9]}{0.14}$ = $30,667.51

Present value[Y] = $9,000*\frac{[1-(1+0.14)^-^5]}{0.14}$ = $30,897.73

7 0

3 years ago

When selecting the best alternative in a cost-benefit analysis, what are the issues to be considered?

disa [49]

Answer: Analyse cost, risk with impacts and project benefits.

Explanation:

The best alternative in a cost-benefit analysis situation are the following;

•The cost types should be analyzed

•Potential risk and their impacts should be looking into

•It is recommended to weigh all the risk even when there is a lot of project benefits.

3 0

3 years ago

Jackie’s Coffee is a sit-down café with a wait staff that takes customers’ orders. Jackie's competitor, Johnny's Coffee Shack, s

Pani-rosa [81]

Answer:

differentiated by quality/design

Explanation:

In this scenario the two coffee shops have different strategies for sale. While Jackie's coffee is a sit down cafe with a waiter service that takes personalised orders, Johnny's coffee sells at various kiosks it owns.

These two businesses are differentiated by quality or design. Jackie's has more quality because of the personalised service provided to customers.

Jackie uses design of a sit down cafe in one location, while Johnny's business design is to sell coffee at various locations (kiosks)

3 0

3 years ago

A ________economy usually stresses the equality of all citizens. A________ economy aims to be self-sufficient. A ________economy

Alja [10]

Answer:

Command economy

Closed Economy

Traditional Economy

Mixed Market Economy

Explanation:

A command Economy stresses the equality of all citizens.e. g Cuba and North Korea

A closed economy aims to be self sufficient with all activities confined to its economy.e.g Brazil's economy.

A traditional economy being the oldest form of economy upholds culture and history and as such relies more on bartering than money. It is mostly common in emerging markets and developing countries.

A mixed economy encourages private businesses with a degree of state monopoly.Example is the USA's economy.

5 0

3 years ago

Read 2 more answers

The effects of ____ are not sufficiently strong to manipulate consumers, alter their preferences, or make the ad more memorable,

katrin2010 [14]

Answer:

Subliminal stimuli

Explanation:

Subliminal stimuli is defined as a stimulus that is below the sensory capacity of an individual. It is below the threshold where the individual can perceive that there is a change in something. For example if a company is producing potato chips and they want to increase salt content.

The point at which the consumer starts to notice a change in salt content of the potatoe chips is above the subliminal stimuli.

Although subliminal stimuli is not readily perceived it can unconciously influence consumer behaviour.

3 0

3 years ago

Read 2 more answers