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2 years ago

how will the demand for gucci shoes change today, if the government decides to tax designer shoes next year?

2 answers:

eduard2 years ago

4 0

In todays society it really depends, the first thing that comes to mind is it’ll increase but at the same time if people prefer designer shoes over Gucci they’ll still buy them

Masteriza [31]2 years ago

3 0

The demand for gucci shoes would increase drastically if the government decides to tax designer shoes next year so the people don’t have to pay for the taxes.

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A vital component of marketing is ______, which involves letting customers know the benefits of the product/service, where you c

Sindrei [870]

The vital component of marketing is promotion.

Promotion in marketing refers to any sort of marketing communication that is used to enlighten target audiences about the relative qualities of a product, service, brand, or problem, and is usually persuasive in nature. It assists marketers in creating a distinct space in the minds of their customers, which can be either cognitive or emotional.

Marketing relies heavily on promotion. Marketing promotion is described as a method of communication between buyer and seller in which the buyer persuades his or her audience to purchase his or her items.

Advertising, sales promotion, public relations, and direct marketing are the four primary promotional strategies.

Hence, the blank will be filled by promotion.

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5 0

2 years ago

Why are workers really quitting? you can boil it down to 1 simple reason

Stella [2.4K]

Answer:

the money bro

Explanation:

4 0

2 years ago

Which of the following is a correct formula when markup is based on selling price

oksano4ka [1.4K]

perhaps u want the formula for the percentage of markup, giving the cost and selling price.
..(selling price) = (cost) + (Markup)
..(selling price) - (cost) = (markup)
so,
..(markup)/(selling price)*100% = ((selling price) - (cost))/(selling price) * 100%
.. =(1 -(cost)/(selling price))*100%

5 0

3 years ago

The US agricultural sector experienced a severe drought in 2012. A drought decreases the supply of agricultural products, which

Nataliya [291]

Answer:

True

Explanation:

Exceptionally good weather will guarantee a good yield in crops. This will lead to an increase in supply of produce to the market, and when supply increases, the supply curve shifts to the right.

This is simply because there are more products and more sellers, and this will result in more supply.

5 0

3 years ago

Information pertaining to Noskey Corporation’s sales revenue follows: Nov 2018 (Actual) Dec 2018 (Budgeted) Jan 2019 (Budgeted)

Pani-rosa [81]

Answer:

1) Budgeted cash collections for December 2018 from November 2018 Sales - $ 100,320

2) Budgeted total cash collections for January 2019 - $ 221,880

3) Budgeted total cash payments for December 2018 - $ 135,420

Explanation:

Computation of cash collections for December 2018 from November 2018

Credit Sales for November 2018 $ 264,000

Less: Uncollectible sales - 5 % of credit sales $ ( 13,200)

Collectible sales $ 250,800

Percentage of collectible sales in month of sales- 60 % $ (150,480)

Percentage of collectible sales in next month -Dec 18 - 40 % $ 100.320

Computation of total cash collections for January 2019

Cash collections from December sales

Credit sales for December 2018 $ 388,000

Less 5 % Uncollectible sales $ ( 19,400)

Collectible sales $ 366,600

Collections in month subsequent to sale 40 % * $ 366,600 $ 147,400

Cash collections from Januray 2019 sales

Credit sales for Janaury 2019 $ 196,000

Less: 5 % uncollectible sales $( 9,800)

Collectible sales $ 186,200

Collections in month of sale 60 % * $ 186,200 $ 74,480

Total collections for January 2019 $ 221,880

Computation of cash payments for December 2018

Purchases for December 2018 sales - 30 % of $ 388,000 $ 116,400

Purchases for January 2019 sales - 70 % of $ 196,000 $ 137,200

Total purchases for December 2018 on selling price $ 253,600

Purchases are 60 % of selling price - $ 253,600 * 60 % $ 152,160

Payments for December purchases 25 % (A) $ 38,040

Purchases for November 2018 sales - 30 % of $ 264,000 $ 79,200

Purchases for December 2018 sales - 70 % of $ 388,000 $ 137,200

Total purchases for November 2018 on selling price $ 216,400

Purchases are 60 % of selling price - $ 216,400 * 60 % $ 129,840

Payments for November purchases 75 % (B) $ 97,380

Total payment for purchases in December 2018 (A) + (B) $ 135,420

3 0

3 years ago