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Kisachek [45]
3 years ago
7

What happens when the price of a good increases

Business
1 answer:
swat323 years ago
3 0

Answer:

the value of good increases (goes up)

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Discount Airlines is preparing a contribution margin report segmented by route. The following information is available: Atlanta/
IgorC [24]

Answer:

17.3%

Explanation:

The contribution margin ratio is shown below:

Contribution margin ratio = Contribution margin ÷ Sales × 100

where,

Contribution margin is

= Sales - variable cost

Sales arise from passengers ($1,250 × 7,100)  $8,875,000  

Less:  

Food ($7 × 7,100) $497,00  

Selling ($90 × 7,100) $639,000  

Fuel ($15 × 190,000) $2,850,000  

Wages ($20 × 190,000) $3,800,000  

Total variable cost ($7,338,700)  

Contribution margin  $1,536,300  

So, the contribution margin ratio is

= $1,536,300 ÷ $8,875,000  

= 17.3%

8 0
3 years ago
Please help me asap. Will give brainliest answer too.
S_A_V [24]
An example is clothes. A younger teenager might want to show more skin and want all the cool new styles but older people generally just want to wear comfortable durable clothes. I hope that helps
8 0
3 years ago
Which of the following statements regarding conducting marketing research in a foreign country is​ correct? A. Good secondary da
diamong [38]

Answer: B. Consumers in foreign markets generally enjoy participating in marketing research.

Explanation: Consumers in foreign countries are accessible because there are currently many ways to address them, for example a company that sells clothes that wants to sell clothes in other markets and need to do a market research on a specific product, can use the large companies such as social networks or e-mail marketing to be able to offer the products or obtain the result of the research they are conducting.

7 0
3 years ago
Describe a vestigial organ
Elden [556K]
something that is present but no longer used by an organism such as a tailbone or appendix in humans
3 0
3 years ago
Read 2 more answers
Suppose Deborah gets a sales bonus at her place of work that gives her an extra $600 of disposable income. She chooses to spend
Mashutka [201]

Answer:

Option (d) is correct.

Explanation:

Suppose Deborah gets a sales bonus at her place of work,

Disposable Income, YD = $ 600

Consumption, C = $480

Savings , S = $ 120

Marginal propensity to consumer, MPC:

= Consumption ÷ Disposable Income

= 480 ÷ 600

= 0.8

Therefore, Deborah marginal propensity to consume (MPC) is 0.80

Option (d)

7 0
3 years ago
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