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yarga [219]
2 years ago
9

Wholesome Pet Food has successfully specialized for 20 years in high-quality pet food made from all-natural ingredients and orga

nically raised lamb. This brand has a strong following and is recommended by veterinarians who practice in affluent neighborhoods. Wholesome's main supplier of lamb has announced that the price for lamb will be 15 percent higher next year. Which of the following statements is true?A. Wholesome will probably be able to pass the cost on to its customers because they are less sensitive to price increases than the average buyer.B. Companies pursuing Wholesome’s business strategy are especially vulnerable to this risk.C. If Wholesome raises its pet food prices, customers will turn to less expensive brands such as Purina.D. Wholesome probably operates on very thin margins, and a cost increase will threaten its ability to earn average returns.
Business
1 answer:
Liono4ka [1.6K]2 years ago
5 0

Answer:

A. Wholesome will probably be able to pass the cost on to its customers because they are less sensitive to price increases than the average buyer.

Explanation:

Wholesome pet foods has been providing services for 20 years and the are considered specialists in high quality pet foods. Their Strang brand following will make it possible to pass on the increased 15% cost of lamb next year.

Their clients have developed an attachment to the brand so they will be less sensitive to price increases, knowing they will always get quality product from Wholesome Pet foods.

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3 years ago
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Which of the following would NOT increase the supply of money in a fiat money economy?
vfiekz [6]

Answer:

The correct answer is option c.

Explanation:

Fiat money refers to the currency which is not backed by any physical assets such as gold or silver. Its value is derived from its demand and supply rather than through the value of commodity it is backed by.  

Since the currency is not backed by gold, it will not be affected by the discovery of gold. Had it been backed by gold, the money supply would have increased.  

Purchasing treasury securities, decreasing the required reserve ratio, decreasing the discount rate will all increase the reserves with the commercial This will lead to an increase in money supply through increased lending.

Since water is an abundant commodity, linking the value of money to water will increase money supply.

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3 years ago
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Bengal Co. provides the following unit sales forecast for the next three months: July August September Sales units 4,800 5,500 5
alexgriva [62]

Answer: 4,975 units

Explanation:

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Beginning inventory = 25% of July sales

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Ending inventory = 25% of August sales

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5 0
3 years ago
The price elasticity of supply for basmati rice (an aromatic strain of rice) is likely to be which of the following?
tiny-mole [99]

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Price Elasticity of Supply refers to how Supply changes in response to a change in price. Essentially, if the price of a good increases, will Supplier supply more or less of that good as a result and by how much will they do so.

In the short run, the farmers would have already planted the crops and so would be unable start changing the quantity that they expect from the harvest. They will therefore supply the amount they harvested regardless of a price change.

In the long run however, they can change the amount of rice planted depending on the price of the rice in the market. Price Elasticity is therefore higher in the long run than in the short run.

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3 years ago
Wat theel is 2 puls 1 \
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Answer:

3

Explanation:

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