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
butalik [34]
1 year ago
8

suppose that the publisher of this textbook sets the price of the textbook to $90, and the current resale value is $60. at this

price, the quantity of new textbooks demanded is approximately per year. the publisher holds the price of the textbook constant at $90 over the life of this latest edition. two years after the release of this edition, the expected resale value of the textbook falls to $50. the quantity of new textbooks demanded is now approximately per year.
Business
1 answer:
DiKsa [7]1 year ago
4 0

At the new price, the quantity that will be demanded will be 300,000 textbooks.

At $50, the demand will be 267,000 textbooks.

<h3>What is demand?</h3>

It should be noted<u> </u>that demand simply means the amount of goods and services that the consumer will buy at a particular price and time.

Now when the price falls to $50 due to the decrease in demand in the market, the demand curve will then shift to the left and this will make the quantity demanded at $50 to be less than the previous price.

Therefore, it should be noted that at $50, the demand will be 267,000 textbooks.

Learn more about demand on:

brainly.com/question/1245771

#SPJ1

You might be interested in
Samuelson and Messenger (SAM) began 2021 with 210 units of its one product. These units were purchased near the end of 2020 for
ivann1987 [24]

Answer:

<u>FIFO</u>

Ending inventory: = 6745

Cost of goods sold: = 5120

<u>AVERAGE</u>

Ending inventory: 6215

Cost of goods sold: = 5650

Explanation:

The FIFO (First input, first output) method allows you to make an inventory valuation, taking into account that the first items that enter the stock are the first ones that come out.

In the method of valuation of weighted average cost inventory, a weighted average is used to determine the cost of goods sold and the value of the inventory.  To do this, the cost of the goods available for sale is divided by the number of units available for sale.

<em>(See the attached form to see the calculations)</em>

Download docx
3 0
3 years ago
In the ______________, households receive goods and services and pay firms for them.
ad-work [718]
Never gunna give you up never gunna let you down, sorry I don’t know the answer, oops…
4 0
2 years ago
In some countries it is customary to pay government officials to secure necessary business contracts and permits. American busin
tatyana61 [14]

Answer:

Foreign Antitrust Act.

Explanation:

The Foreign Antitrust Act is an act against contracts, combinations and conspiracies, which helps to control trade and commerce within several US states. It is a section of the Sherman Act of U. S. C 1. The major reason for this law is so that there will be equal opportunities and platform for businesses within the same industry to operate without one gaining too much power over the other. The law controls dirty activities people engage to make profits.

5 0
3 years ago
Read 2 more answers
What are two things you need to maintain if you assist a person with banking and bill paying?
Anton [14]

Answer:

transaction record and a reconciliation of the transactions

An adequate bank balance and a budget.

Legal guardianship of the person and power of attorney

Your documentation as payee for the person you support and the bankbook

8 0
3 years ago
g For each target market, General Imaging Corporation, a manufacturer of imaging equipment, will engage in positioning, adjustin
lesya692 [45]

Answer: a clear, distinctive, and desirable understanding of their products relative to competing products.

Explanation:

Marketing mix is regarded as the foundation model for every business as it's based on the product, the price, place, and also promotion. Marketing mix is the marketing tools sets used in pursuing the marketing objectives of s company.

For each target market, General Imaging Corporation, a manufacturer of imaging equipment, will engage in positioning, adjusting their marketing mix variables in order to give customers a clear, distinctive, and desirable understanding of their products relative to competing products.

4 0
3 years ago
Other questions:
  • 4. Miguel works as an insurance salesman, and is paid based on the number of sales he makes. He receives 10 percent of every sal
    7·1 answer
  • Boxer Inc. reported inventory at the beginning of the current year of $360,000 and at the end of the current year of $411,000. I
    10·1 answer
  • How do investors make money off debt
    11·1 answer
  • Paul borrowed $90 from greg eight months ago. today, paul paid greg back $102.60. what is the simple annual interest rate that p
    7·1 answer
  • An investment adviser that is a sole proprietor finds that its net worth (net capital) has fallen below the minimum requirement.
    5·1 answer
  • Benkemel Corp., an industrial chemicals manufacturer in Noemern, has entered a foreign market. It now plans to establish a chemi
    12·1 answer
  • What are also known as restrictive covenants or Covenants, Conditions and Restrictions and are constraints that run with the lan
    14·1 answer
  • "Clothing maker The Gap states that its purpose as an organization is to "create emotional connections with customers around the
    10·1 answer
  • T or F #9 LAST ONE QUICKLYYY
    7·1 answer
  • Utimately, to be successful, a business must
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!