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
The price of popcorn is $0.50 per box and the price of peanuts is $0.25 per bag, and eddie has $10 to spend on both goods. the m
marysya [2.9K]

If peanuts cost .25 per bag, you would divide $10 by .25 to determine how many bags you are able to buy.

3 0
2 years ago
Xavier and Yolanda have original investments of $50,000 and $100,000, respectively, in a partnership. The articles of partnershi
tensa zangetsu [6.8K]

Answer:

=$59,000.00

Explanation:

Original investments:

Xavier: $50,000.00

Yolanda $ 100,000.00

Allowances:

Xavier: $ 34,000.00

Yolanda : $ 26,000.00

Income at $120,000.00

Xavier allocation will be:

Calculating interest on the original investment

Xavier =20/100x $50,000.00 =$10,000.00

Yolanda=20/100 x$100,000.00 = $20,000.00

Total interest on original investments = $30,000.00

Total allowances = $34,000+$26000=$60,000.00

Shareable income= $120,000.00- ($30,000+$60,000)

      = $30,000

                  each gets $15,000.00

Xavier will get $ 15,000 + $ 10,000 +$ 34,000

=$59,000.00

5 0
3 years ago
The price component of a marketing mix is:
Murljashka [212]

Answer: the correct answer is a. a competitive weapon for companies

Explanation:

Pricing has an important role as a competitive weapon to help a business exploit market opportunities. Pricing also has to be consistent with the other elements of the marketing mix, since it contributes to the perception of a product or service by customers.

7 0
3 years ago
Suppose 20.0 g pieces of gold and iron, both initially at 100oC, are added to different containers of water, both initially at 2
Sauron [17]

Answer:

  • The final temperature in the container with Gold is 27.49 ⁰C
  • The final temperature in the container with Iron is  33.01  ⁰C

Therefore, the highest final temperature is obtained in the container with Iron.

Explanation:

Q = mcΔT

Where;

Q is the quantity of heat gained or lost

m is the mass of the metals or water

c is the specific heat capacity

ΔT is the change in temperature, T₂ - T₁

T₂  is the final temperature and T₁ is the initial temperature

Heat lost by metals at 100°C is equal to heat gained by water at 25°C

-Q_{metal} = Q_{water}

-Q_{Au} = Q_{H_2O} \\-Q_{Fe}  = Q_{H_2O}

Specific heat capacity of water = 4.18 J/g°C

Specific heat capacity of gold = 0.129 J/g°C

Specific heat capacity of iron  = 0.45 J/g°C

⇒For Gold

-20*0.129*(T₂ - 100) = 18*4.18 (T₂ - 25)

-2.58T₂ +258 = 75.24T₂  - 1881

77.82T₂  = 2139

T₂  = 2139/77.82

T₂ = 27.49 ⁰C

⇒For Iron

-20*0.450*(T₂ - 100) = 18*4.18 (T₂  - 25)

-9T₂  +900 = 75.24T₂ - 1881

84.24T₂ = 2781

T₂  = 2781/84.24

T₂ = 33.01  ⁰C

Therefore, the highest final temperature is obtained in the container with Iron.

5 0
3 years ago
"You are reading a particular section of a bank’s annual report. This section provides the bank’s views about the impact of an u
kobusy [5.1K]

Answer:

The correct answer is: Management Discussion and Analysis.

Explanation:

The Management Discussion and Analysis report, often abbreviated as MD&A, is part of the financial statements of the companies where the performance of the company is measured compared to the previous period and the projections of the organization compared to the competing overall market is analyzed. The MD&A is part of the 10-K form requested by the Securities and Exchange Commission (<em>SEC</em>).

5 0
2 years ago
Other questions:
  • He van halen contract with concert venues, article 126, states that the dressing rooms must have certain munchies, including m&a
    13·1 answer
  • An increase in input costs in the production of electric automobiles caused the price of electric automobiles to rise. Holding e
    7·1 answer
  • ​suppose you are enjoying a conversation with a friend in your car, when a vehicle pulls up next to you with the audio system tu
    10·1 answer
  • When the price of bubble gum is $0.50, the quantity demanded is 400 packs per day. When the price falls to $0.40, the quantity d
    5·1 answer
  • The degree to which a specific finding can be applied to a broader group or population is __________.
    10·2 answers
  • What are three reasons why the United Nations forces on quality of life for all individuals
    11·1 answer
  • If the exchange rate between the u.s. dollar and the Canadian dollar is 1:1.3, which of the following is true
    10·1 answer
  • Rock industries allocates manufacturing overhead at a predetermined rate of 160% of direct labor cost. Any overallocated or unde
    12·1 answer
  • The advantages of personal financial planning include:
    11·1 answer
  • When a restaurant prices pizza at $10 per slice they sell 100 slices in a night. If they sell pizza for $5 per slice, they sell
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!