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pychu [463]
3 years ago
13

A movie theater substantially decreases the price of its soda during the same week that a heavily advertised new movie is being

released to theaters. Assuming consumers like to enjoy movies, soda, and popcorn together, how does this impact the equilibrium price and quantity of popcorn?
Business
1 answer:
navik [9.2K]3 years ago
5 0

Answer:

Price and quantity both increase

Explanation:

The decrease in the price of soda can caused increase in demand of soda. But because customers like to enjoy movies,soda and popcorn together, the increase in demand of popcorn is possible, which can cause increase in price and quantity of popcorn.

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The specific collection of values, norms, beliefs, and attitudes shared by people and groups in a company is commonly referred t
vlada-n [284]

Answer:

C. organizational culture

Explanation:

Organizational culture refers to the values, philosophy, and aspirations of an organization that guides the behavior of its members.  Culture is expressed through the members' internal interactions and communications with the outside world. Organizational culture is based on beliefs, shared attitudes, customs, written and unwritten rules in the company that has been developed over time.

Organizational culture manifests itself in diverse ways, including communication methods, internally distributed messages, leadership behaviors, and corporate celebrations. In other words, organizational culture is the way of doing things in an organization.

8 0
3 years ago
Dog owners do not bear the full cost of the noise their barking dogs create and often take too few precautions to prevent their
Reil [10]

Answer:

making it illegal to "disturb the peace."

Explanation:

The local government addresses this problem by making it illegal to "disturb the peace." This means that any form of unruly public behavior, such as fighting or causing excessively loud noise is considered a criminal offense misdemeanor. Individuals charged with this crime may face some jail time, fines, or alternative sentences such as community service depending on the laws in that jurisdiction.

6 0
3 years ago
Customers can purchase HP computers from retail stores like Best Buy and Office Depot, online directly from HP, and through vari
masya89 [10]

Answer:

Multiple

Explanation:

For instance,Customers can purchase HP computers from retail stores like Best Buy and Office Depot, online directly from HP, and through various catalogs. In this case, HP is using a(n) multiple distribution arrangement.

Distribution channel can be regarded as chain of businesses or intermediaries whereby good or service is been passed until it reaches the final buyer. Distribution channels could be wholesalersor retailers or distributors. Multi-channel distribution can be regarded as a channel whereby

business uses one or more than one type of distribution channel. For instance, a street retailer could

also distribute directly to customer with the use of e-commerce, even with the use of catalogues which could be sent via direct mail.

5 0
3 years ago
Detroit Corporation sued Chicago Corporation for intentional damage to Detroit's goodwill. Detroit had created its goodwill thro
Grace [21]

Answer:

d. The $1,500,000 is not taxable because Detroit settled the case

Explanation:

The $1,500,000 is not taxable because Detroit settled the case, Compensation received of damaging Goodwill is not taxable.

8 0
3 years ago
The shape of your utility function implies that you are arisk-averse individual, and, therefore, youwould accept the wager becau
Furkat [3]

<u>Solution and Explanation:</u>

As the utility function is concave in shape, so person is risk averse.  Thus, he will not accept the gamvle.

The difference between utility at point A&C = 70 minus 65 = $5, is less than a the difference between A&B = 65 minus 55 = $10

<u>MCQ: </u>

Answer is option a&d  - risk averse people fear a lot for losing money, thus they overestimate the probability of loss

Since, shape of utility function is concave, hence the double derivative of utility with respect to wealth is negative, so utility falls at an decreasing rate , as wealth increases

8 0
3 years ago
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