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
Vadim26 [7]
3 years ago
9

A common feature of skiing is waiting in lift lines. Does the existence of lift lines mean that the price is not working to allo

cate the scarce resource? If so, what should be done about it?
Business
1 answer:
zhuklara [117]3 years ago
4 0

Answer:

The existance of wait line may show scarcity but there are other factors to be considered.

Explanation:

One of the main factor is the safety of customers, non-compliance of this will result in fatal consequences.

However this wait line can be used as a stop shop. A ski resort can sell products to the people in line. Whether they may be soveniers or anything else.

You might be interested in
Exercise 8-07 At December 31, 2019, Pharoah Company Company had a credit balance of $18,100 in Allowance for Doubtful Accounts.
Alja [10]

Answer:

Entries are given below

Explanation:

DATA:

Opening Balance in the allowance for doubtful debt = $18,100

During 2020 Pharoah company wrote off accounts totaling 12,900

Entry                                                       DEBIT        CREDIT

Allowance for Doubtful Accounts $11,800  

Accounts Receivable                                               $11,800

At December 31, 2020, an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $23,700

Entry                                                       DEBIT        CREDIT

Bad debt expense                                $17,400

Allowance for doubtful debt                                    $17,400

           

Working

Balance before adjustment = $18,100 - $11,800

Balance before adjustment = $6,300

After Aging schedule indication

Adjustment  = $23,700 - 6,300

Adjustment = $17,400

3 0
3 years ago
Abardeen Corporation borrowed $90,000 from the bank on October 1, 2018. The note had an 8 percent annual rate of interest and ma
Vitek1552 [10]

Answer:

$0

Explanation:

Data provided in the question

Borrowed amount from the bank = $90,000

Annual interest rate  = 8%

Maturity date = March 31, 2019

Since it is mentioned in the question that, the interest and the principal were paid in cash on the maturity date so for the amount of cash that Abardeen had to pay for 2018 interest would be zero as the principal and the interest is paid for 2018

7 0
3 years ago
An example of a company connecting with customers to add value in its package redesign strategy is Blank______.
kakasveta [241]

An example of a company connecting with customers in its package redesign strategy is creating a resealable package in response to consumer habits.

<h3>What is a redesign strategy?</h3>

A redesign strategy outlines which best practices should be employed first and which should be avoided in order to achieve the goals of the redesign endeavor.

Steps to a successful redesign of business processes:

  • Set precise objectives.
  • Prioritize each business process after identifying it.
  • Make data collection and processing a regular part of your working day.
  • A single workflow.
  • Give authority to those in charge of processes.
  • Single-source information collection.

In order to build the most effective product, the design strategy applies the tactical thinking of a company strategy to the needs of the user. Through innovative applications geared toward the end user, the convergence of business strategy and design thinking accomplishes long-term objectives.

To know more about design strategy refer to: brainly.com/question/14506200

#SPJ4

5 0
1 year 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
Kempton Enterprises has bonds outstanding with a $1,000 face value and 10 years left until maturity. They have an 10% annual cou
viva [34]

Answer:

YTM is 7.46%

Explanation:

Given:

Face value of bond (FV) = $1,000

Years to maturity (nper) = 10

Coupon rate = 10%

Coupon payment (pmt) = $100 (0.1×1,000)

Price of bond (PV) = $1,175

If the bonds are held till maturity, then yield to maturity is calculated using excel function =Rate(nper,pmt,PV,FV)

Yield of bond if held till maturity is 7.46%

4 0
3 years ago
Other questions:
  • When a deliverable arrived, Craig met with the team member responsible
    7·1 answer
  • Fulton and Sons, Inc. presently leases a copy machine under an agreement that calls for a fixed fee each month and a charge for
    5·1 answer
  • The 9 digit number that identifies the bank that a check came from is called?
    11·2 answers
  • Brunette Company is contemplating investing in a new piece of manufacturing machinery. The amount to be invested is $180,000. Th
    6·1 answer
  • LMN Company produces a product that sells for $1. The company has production costs of $600,000, half of which are fixed costs. A
    9·1 answer
  • Construction managers can be salaried employees or work for___________.
    13·1 answer
  • The following information relates to a product produced by Orca Company: Fixed selling costs are $1,000,000 per year. Although p
    6·1 answer
  • A 2014 survey of 1,500 top managers, showed that only approximately _____% of companies achieved breakthrough innovation.
    8·2 answers
  • What is a likely result of an increase in trade between nations
    9·1 answer
  • The following selected data pertain to Flagship Corporation: Cash operating expenses July 1-31$180,000 Depreciation 60,000 Merch
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!