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natima [27]
2 years ago
13

Atlantic Coffee has recently decided to raise its prices by10%.It was shocked by itscustomers' reactionto the price increase whe

n sales dropped24%. such a sharp drop in sales occur beacuse:_________
Business
1 answer:
miss Akunina [59]2 years ago
5 0

Atlantic Coffee has recently decided to raise its prices by10%. It was shocked by its customers' reaction to the price increase when sales dropped24%. such a sharp drop in sales occurs because:_the demand for a specific brand of coffee is highly elastic.

The market fee is the modern rate at which an excellent service can be purchased or sold. The market price charge of an asset or carrier is decided with the aid of the forces of delivering and calling for; the fee at which the amount provided equals the amount demanded is the marketplace rate.

The primary price is the amount receivable through the manufacturer from the customer for a unit of an amazing or provider produced as output minus any tax payable, and plus any subsidy receivable, by means of the producer as a result of its manufacturing or sale.

Learn more about prices here:

brainly.com/question/26075805

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Rent-a-Furniture Center is offering a living room set that retails for $799 for $25 per week for 1 year. What is the percent mar
solniwko [45]

Answer:

62.70%

Explanation:

The markup value is found by calculating the gross profit and dividing it by its price. The retail price for the Rent-a-Furniture Center is $799 and the selling is $25 per week.

There are 52 weeks in a year, therefore, with this payment plan of $25/week, the total amount in one year is (52* 25) = $1300. Gross profit is (1300- 799) = $501. The markup value is (501/799) = 62.7033%

5 0
4 years ago
In the 1930s, companies and consumers began to realize that utilizing resources efficiently and effectively was good for society
Firlakuza [10]

Companies and consumers started to understand in the 1930s that using resources properly and efficiently was advantageous for both society and business. the green revolution sprang from this.

The green revolution is a broad movement that advances the concerns of environmentalists, or people who believe that it is important to preserve the integrity of the non-human world for both that reason and the survival of humans. Its membership is extraordinarily diversified, including academics, political activists, wealthy and impoverished individuals from all over the world, as well as followers of a wide range of religious ideologies. Global climate change has been a major issue for the green movement since the 1980s. The preservation of both multi-use undeveloped landscapes and natural regions, the protection of endangered species, and resistance to pollution are further issues.

Learn more about green revolution here

brainly.com/question/25077523

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7 0
2 years ago
Are firms like homebuilders that sell products whose demand depends partly on demographic factors likely to be more or less affe
tekilochka [14]

Answer:

Yes. Firms that sell products that depend partly on demographic factors are more likely to be affected by business cycle.

Explanation:

Businesses whose demand depend partly in demographic factors (population based on race, sex, age, etc) such as homebuilders are affected by business cycles/seasons.

Demand for new houses can depend on some business seasons. A family that wants to move to a new location will consider age of the kids, parents before moving to a volatile neighborhood. Older people tend to prefer quieter areas, while younger people may prefer a more lively place to meet new friends.

Members of a race might want a new house because the vicinity is within a community of people of same race or social disposition.

6 0
4 years ago
Japan's remarkable recovery in the​ twenty-five years following World War II was a result of which of the following​ activities?
USPshnik [31]
After the thrashing of Japan in World War II, the United States drove the Allies in the occupation and recovery of the Japanese state. In the vicinity of 1945 and 1952, the U.S. possessing strengths, drove by General Douglas A. MacArthur, sanctioned across the board military, political, monetary, and social changes.
8 0
3 years ago
Rob Renolds compares his checkbook register, cancelled checks, and bank statement which shows a balance of $409.90. He finds two
iragen [17]

Answer:

$429.15

Explanation:

The computation of the adjusted balance of the bank balance is shown below:

= Balance shown in bank statement + outstanding deposits - one outstanding check - second outstanding check

= $409.90 + $160 - $58.53 - $82.22

= $429.15

while computing the adjusted balance we added the outstanding deposits and subtract the outstanding checks

5 0
3 years ago
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