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iren2701 [21]
4 years ago
15

Why might a rise in the price of electric razors result in an increase in demand for nonelectric razors?

Business
2 answers:
k0ka [10]4 years ago
6 0
<span>A rise in the price of electric razors result in an increase in demand for nonelectric razors because consumers would rather choose to buy a product with lower cost having the same effect as compared to the product with the higher price. Buying the nonelectric razor would save them money while still having the same output.</span>
belka [17]4 years ago
4 0

Because people will switch to non electric razors to save money

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An account that will have a zero balance after closing entries have been journalized and posted is
nataly862011 [7]

Answer:

An account with a zero balance after closing entries have been journalized and posted is an account in good standing.

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3 years ago
Herbert, a finance analyst at a company, is asked to deliver a presentation to all employees of the company on the procedure inv
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Answer:

The correct option is D, be concise

Explanation:

Being concise means that the presenter is being asked to achieve two opposing objectives of using few words as much as possible as well as being comprehensive enough such that the audience understand the topic appropriately.

Conciseness in actual terms, is required because the audience are not trained finance professionals and would not be able to comprehend professional terminologies.

7 0
3 years ago
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3. Aztec Furnishings makes hand-crafted furniture for sale in its retail stores. The furniture maker has recently installed a ne
dusya [7]

Answer:

77.08%

Explanation:

Calculation to Evaluate the change in productivity for Aztec using the new assembly process

Using this formula

Change in productivity =[( Increased in production- Dropped in defective items produced)-(Previous pieces of furniture per day-Dropped in defective items produced)]/-(Previous pieces of furniture per day-Dropped in defective items produced)*100

Let plug in the formula

Change in productivity =[(90 pieces per day-5 per day)-(60 pieces per day-12 pieces per day )/(60 pieces per day-12 pieces per day) *100

Change in productivity =(85-48)/48*100

Change in productivity =37/48*100

Change in productivity =0.7708*100

Change in productivity =77.08%

Therefore the change in productivity for Aztec using the new assembly process will be 77.08% Increase in productivity.

4 0
3 years ago
Which of the following statements is correct? a. If the monopolist's marginal revenue is greater than its marginal cost, the mon
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Answer:<u><em>If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit. </em></u>

Explanation:

If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit. In the case of higher MR , the maximum profit will come about at the level of where MR is equal to the MC. So in this case to increase the profit, MR i,e, also the price can be lower to the level of MC to sell more commodity and earn higher profits.

7 0
3 years ago
A product is defined as a business product rather than a consumer product on the basis of its _____.​
Phoenix [80]

Answer:

intended use

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Products that are in their final form and are ready to be purchased and consumed by individuals or households for their personal satisfaction are classified as consumer products. On the other hand, if they are bought by a business for its own use, they are considered business products.

6 0
3 years ago
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