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strojnjashka [21]
3 years ago
9

What is the most likely effect of the development of XBOX with DVD capabilities on the DVD player industry? a. ​decreased price

elasticity of demand for the DVD player industry because XBOX are complements b. ​Increased price elasticity of demand for the DVD player industry because XBOX are substitutes c. ​Increased price elasticity of demand for the DVD player industry because XBOX are complements d. ​decreased price elasticity of demand for the DVD player industry because XBOX are substitutes
Business
1 answer:
Shkiper50 [21]3 years ago
7 0

Answer:

The correct answer is letter "B": ​Increased price elasticity of demand for the DVD player industry because XBOX are substitutes.

Explanation:

Price elasticity of demand reflects the changes in quantity demanded for a good or service as a result of changes in price. It is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the result is equal to or greater than one (1) the demand is elastic.<em> It means a minimum change in price has a major impact on the quantity demanded volume. </em>

Thus, <em>if XBOX implements DVD features, DVD players will face an increase in their price elasticity of demand because changing DVD players' prices could change their quantity demanded by far because consumers will prefer purchasing an XBOX which is a substitute.</em>

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The LIFO cost flow assumption results in the most (distant/recent) costs being transferred to cost of goods sold. In times of ri
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Answer:

  • RECENT
  • HIGHER

Explanation:

Last-in, first-out (LIFO) means that the most recent costs are going to be used to determine the cost of goods sold. The LIFO method is very useful when the prices of your inputs or merchandise are continuously rising, for example if inflation rate increased. LIFO method is better for determining replacement costs when prices are increasing.

5 0
3 years ago
Intermediaries in indirect channels of distribution: a. Often perform functions that producers cannot perform efficiently by the
alukav5142 [94]

Answer:

A. Often perform functions that producers cannot perform efficiently by themselves.

Explanation

indirect distribution channel of distribution can be regarded as one that depends on intermediaries in order to carry out most or all of their functions of distribution , they are regarded as wholesaler. indirect distribution can also be explained as selling of wholesale producys to the agents/retailers in order for them to distribute the product so it can get to consumers. It should be that Intermediaries in indirect channels of distribution Often perform functions that producers cannot perform efficiently by themselves.

3 0
3 years ago
The present value interest factor for an annuity with an interest rate of 8 percent per year over 20 years is ____.
lianna [129]

The present value factor of an annuity that will mature in 20 years at an interest rate of 8% is <u>9.8181474.</u>

<h3>What is the present value interest factor?</h3>

It can be found by using the present value of an annuity formula of:

= Amount x ( 1 - ( 1 + rate) ^ - number of periods) / Rate

As there is no amount, solving gives:

= ( 1 - ( 1 + 8%) ⁻²⁰) / 8%

= 9.8181474

In conclusion, it is 9.8181474.

Find out more on present value of annuity at brainly.com/question/25792915.

8 0
3 years ago
The balance of trade for a nation is the balance that nation has between _________ and _______.
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Imports and Exports .
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3 years ago
"The customer deposits the required margin. Subsequently, ABC stock rises to $40; DEF rises to $50; and PDQ rises to $60. The ne
irakobra [83]

Answer:

$18,500

Explanation:

for computing the new equity in the account first we have to determine the starting equity which is shown below:

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= $25,000 - $12,500 (50%)

= $12,500

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So, the new equity is

= $31,000 - $12,500

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4 0
4 years ago
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