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
Ilia_Sergeevich [38]
3 years ago
10

The customers of TimeZone watches have high brand loyalty and although the watches are priced at high rates, TimeZone's customer

s are willing to pay the market price of the product. This is an example of _____.
Business
1 answer:
lara [203]3 years ago
5 0

Answer:

Inelastic demand/ inelasticity of demand

Explanation:

Either way, inelastic demand or inelasticity of demand is simply a situation whereby demand for a certain commodity does not change despite an increase in price and other conditions.

In inelasticity of demand, elasticity is less than one which also translates to little or low response to change in prices.

From the question, it can be seen that irrespetive of whatever the company, Timezone watches; decides, in terms of price and other conditions, the customers will always continue to pay for the watches.

i hope this helps.

You might be interested in
Elaborate prefect competition
wolverine [178]
I need more information for this question
7 0
4 years ago
If Gross Domestic Product was $17 trillion in 2008 and $16 trillion in 2009. Which of the following actions would Congress be mo
cestrela7 [59]

Answer:

1 trillion

Explanation:

6 0
3 years ago
As a new employee at acme global, frederick just spent the morning learning about the organization's policies and procedures. He
jeka94

I believe the answer is: orientation

In business setting, orientation refers to the process of familiarizing oneself to company's culture and operation. Conducting orientation as new recruits would speed up your adaptation process, make it more easier for your coworkers and bosses to accept you, and ensure that you are not left behind in term of expected performance.

4 0
3 years ago
The cash account shows a balance of $42,000 before reconciliation. The bank statement does not include a deposit of $9,200 made
Keith_Richards [23]

Answer:

$45,473

Explanation:

Base on the scenario been described in the question, we can use this method to solve the problem.

Solution:

$42,000 + $4,960 – $1,100 – ($1,830 – $1,380) + ($381 – $318)

= $46,960- $,1,100-$450-$63

=$45,473

As our answer

8 0
3 years ago
Suppose that an investor is considering three alternative strategies: conservative, neutral, or aggressive. If economic conditio
Elan Coil [88]

Answer:

The answer is: Following the expected value criterion the investor should choose indistinctively between the conservative or neutral alternatives.

Explanation:

The formula we use to calculate the expected return value of the different alternatives is:

            ERV = ∑ (expected return x probability of occurrence)

The conservative alternative has an expected return value of of 4.5%

ERV Conservative = (6% x 25%) + (4% x 75%) = 4.5%

The neutral alternative also has an expected return value of of 4.5%

ERV Neutral = (12% x 25%) + (4% x 75%) = 4.5%

The aggressive alternative has an expected return value of of -1%

ERV Aggressive = (20% x 25%) + (-8% x 75%) = -1%

3 0
3 years ago
Other questions:
  • Becky purchases one percent of Lakeside Ventures' (LV) preferred shares of stock in a private offering. Outside of the purchase,
    14·1 answer
  • These are selected 2022 transactions for Flounder Corporation: Jan. 1 Purchased a copyright for $96,000. The copyright has a use
    13·1 answer
  • Alden is beginning to learn how to write. he can hold a pencil in one hand and steady the paper with his other hand. this new ab
    9·1 answer
  • What is competitive advantage and how does it relate to a company’s business mode?
    10·1 answer
  • Gilmore, Inc. recently embarked on an effort to increase coordination and cooperation within the company. During the process, Gi
    9·1 answer
  • Transactions related to purchases and cash payments completed by Wisk Away Cleaning Services Inc. during the month of May 20Y5 a
    8·1 answer
  • An industry dominated by a few firms, where each of those firms recognizes that its own choices will affect the choices of its r
    14·1 answer
  • Question 9 of 10
    12·1 answer
  • The December 31, 2021, post-closing trial balance for Strong Corporation is presented below:
    7·1 answer
  • Margaret invested $75,000
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!