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Scorpion4ik [409]
3 years ago
15

A ________ demand curve for shampoo would be caused by a change in the price of shampoo.

Business
1 answer:
aleksklad [387]3 years ago
6 0

Answer:

c) movement along 

Explanation:

A change in price of shampoo would lead only to a movement along the demand curve for shampoos. The movement could either be up or down. If price increases, the movement is up and if prices decreases, the movement is down.

Changes in price affect the quantity demanded. If price is increased, quantity demand falls and if price falls, quantity demanded rises.

Other factors lead to a shift of the demand curve. Some of them include:

1. Change in consumers income

2. Change in taste

3. Change in price of subsituites.

I hope my answer helps you

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Describe at least two ways to use credit wisely. (2-4 sentences. 1.0 points)
dexar [7]
The first way to use credit wisely is to pay back the credit company on time. the second way to use credit wisely is to not overspend.
8 0
4 years ago
In the process of benchmarking for a variable expense such payroll the typical metrics use are Total dollars and dollars per ava
AlexFokin [52]

Answer:

False

Explanation:

Benchmarking is a process of evaluating the overall or segmental performance of a business by comparing the performance in the relevant segment to the industry standard or to the performance of a competitor in order to identify opportunities for improvement that are within control, using .

In payroll benchmarking , relative metrics can be total cost to payroll , cost per $1000 revenue to manage payroll and others.

Total dollars and dollars per available rooms are not good metrics for payroll benchmarking.

7 0
4 years ago
During 2010, Congress debated the advisability of retaining some or all of the tax cuts signed into law by former President Geor
Zolol [24]

Answer and explanation:

The law of Diminishing Marginal Utility states that the more you consume a good or use a service, the less satisfied you will be with each successive use or consumption. It is an important concept in determining consumer preferences. It assumes consumers are rational and will spend money in a way that maximizes contentment with each subsequent unit without negatively affecting their total enjoyment.

6 0
3 years ago
Suppose a tire manufacturer wants to set a mileage guarantee on its new XB 70 tire. Tests revealed that the tire's mileage is no
kogti [31]

Answer:

The manufacturer should announce a guaranteed mileage of 44528 miles

Explanation:

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

In this problem, we have that:

\mu = 47900, \sigma = 2050

What guaranteed mileage should the manufacturer announce

Only until the 5th percentile will have to be replaced, which is the value of X when Z has a pvalue of 0.05. So it is X when Z = -1.645.

Z = \frac{X - \mu}{\sigma}

-1.645 = \frac{X - 47900}{2050}

X - 47900 = -1.645*2050

X = 44528

The manufacturer should announce a guaranteed mileage of 44528 miles

6 0
3 years ago
Read 2 more answers
Which of the following statements is true of a distribution channel?
qwelly [4]

Answer:

The answer is: A) It is almost synonymous with demand chains.

Explanation:

A company´s distribution channel is the chain of businesses through which a good passes until it reaches its final customer.  

An extremely simple example would be: Factory - Wholesale distributor - Local retail store - Customer

A demand chain is just the distribution channel but seen through the eye of the customer. It answers the following question: The good that I just bought passed through which businesses in order for me to get it?

The demand chain for the previous example would be: Customer - Local retail store - Wholesale distributor - Factory

 

3 0
3 years ago
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