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natima [27]
1 year 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]1 year 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

#SPJ4

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Gabbe Industries is a division of a major corporation. Last year the division had total sales of $31,098,000, net operating inco
miskamm [114]

Answer:

I. 14.50%

II. 3.55

III. 51.48%

Explanation:

Kindly observe your question is incomplete but i found the other section of the question

Kindly check attached picture for detailed explanation

6 0
3 years ago
Analyzing and Reporting Financial Statement Effects of Bond Transactions Winston Inc. reports financial statements each December
attashe74 [19]

Answer and Explanation:

The financial statement effects template to reflect the following events is shown below:-

Balance Sheet

Transaction Cash assets + Non Cash = Liabilities+Contributed                                                 assets                               capital Earned Capital

a.                      $400,000                           $400,000

b.                       -$18,000                                                

-$18,000

c.                      -$202,000                        -$202,000  

Income statement

Transaction     Revenue     -   Expense    =     Net income

b.                       $18,000            -$18,000

c.                                                  $2,000           -$2,000

8 0
3 years ago
The fixed cost of Brendon Willows, a baseball bat manufacturing company, is $500,000 per year. The cost of wood and labor to man
Inessa [10]

Answer:

option (B) 25,000

Explanation:

Data provided in the question:

Fixed cost = $500,000 per year

Cost of wood and labor to manufacture one bat = $5

Selling price of the bat = $25

Now,

At breakeven, total cost equals to the total revenue

let the breakeven quantity be 'x'

thus,

$500,000 + $5x = $25x

or

$25x - $5x = $500,000

or

$20x = $500,000

or

x = 25,000

Hence,

the correct answer is option (B) 25,000

7 0
3 years ago
Janet Home went to Citizen Bank. She borrowed $7,000 at a rate of 8%. The date of the loan was September 20. Janet hoped to repa
coldgirl [10]

Answer:

The interest is $189.78

Explanation:

The computation of the interest on January 20 is shown below:

= Principal × interest rate × number of days ÷ total number of days in a year

= $7,000 × 8% × 122 days ÷ 360 days

= $7,000 × 8% × 0.338

= $189.78

The 122 days are calculated below:

September - 10 days

October - 31 days

November - 30 days

December - 31 days

January  - 20 days

Total    - 122 days

And we assume the 360 days in a year

8 0
3 years ago
Java Jane's first coffeehouse was very successful due to the unique flavors, on-site baked goods, and inviting ambiance. The own
Basile [38]

Answer:

A contractual marketing system

Explanation:

Java Jane's most likely adopted a contractual marketing system.The contractual system is a vertical marketing system in which all the companies involved tend to work independently as individual entities. Regardless of working independently, they also work together to achieve greater goals and efficiencies.

They are also known as value-added partnerships since they work hand in hand to create value for other entities that are involved

8 0
3 years ago
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