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mojhsa [17]
3 years ago
9

A company has determined that changes in price will not dramatically impact the number of sales they are able to make. What shou

ld they do to maximize profits, then?
A. Lower prices since customers will still buy about the same amount
B. Alternate between hight and low prices
C. Keep prices the same, since they don't really impact the number of customers
D. Sell at a somewhat higher price since customers will still purchase even at a higher price
Business
1 answer:
tester [92]3 years ago
7 0

Answer:

Sell at a somewhat higher price since customers will still purchase even at a higher price ( D )

Explanation:

The type of goods and services that changes in prices doesn't r affect the quantity/demand bought by the consumers are usually staple goods which are a necessity and not a want but a serious need. A company if after much research discovers that the demand for a particular product is unwavering( fixed ) they can increase the prices in order to maximize profits form the little amount of goods been produced/sold in the open market. while in other hand if the demand for a particular product is not stable any change in price can significantly affect the demand for the good or service leading to a loss for the company.

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You left work on Thursday evening and forgot to turn in a report that was due that day to your manager. You decide you need to c
VashaNatasha [74]

Answer:

Explanation:

In this specific scenario, the message that you are composing to your manager should be sincere, professional, and have a valid reason for why the report was not turned in. Aside from the note, it should also have the finished report attached to it, otherwise the manager will think that the note is an empty excuse which will be meaningless if the report is still overdue.

4 0
3 years ago
You put money into an account that earns a 5 percent nominal interest rate. The inflation rate is 2 percent, and your marginal t
alina1380 [7]

Answer:

The after tax real interest rate of interest is 2%

Explanation:

The after tax real interest rate is computed as follows:

Given,

Nominal interest rate is 5%

Inflation rate is 2%

Computing before tax real interest rate as:

Before tax real interest rate = Nominal interest rate - Inflation rate

= 5% - 2%

= 3%

Computing tax:

= 20% tax on nominal interest rate

= 20% × 5%

= 1%

Now, computing after tax real interest rate as:

After tax real interest rate = Before tax real interest rate - Tax

= 3% - 1%

After tax real interest rate = 2%

8 0
3 years ago
â_______________ refers to the broad set of activities carried out by organizations to analyze sourcingâ opportunities, develop
horsena [70]

Answer: Supply Management

Explanation:

Supply management is referred to as or known as the task of acquiring, identifying, and also managing suppliers and resources that tends to be  essential for operations of the organization.  It is also referred to as procurement, i.e. supply management tends to include purchase of commodities such as physical goods, services, information, and several other resources that might enable an organization to continue growing and operating .

5 0
3 years ago
Mineral-rich Democratic Republic of the Congo is one of the world's most important sources of uranium. It also is a source of co
ratelena [41]

Answer: Two

Explanation:

According to the paragraph above, the DRC produces both cotton and cottonseed. Both of these are cotton products. First the cotton that surrounds the seed is removed by the process of ginning and then processed for clothing.

Then the cottonseed can also be processed to extract the oil contained in it. This oil can be used to make candles, cosmetics and insecticide. After the oil is extracted, the seed can then be used to feed livestock.

3 0
3 years ago
Small businesses have very few opportunities to outsource their business. true or false.
maks197457 [2]
False a business can have lots of opportunities, look at Walgreen's. <span />
5 0
3 years ago
Read 2 more answers
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