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Lelechka [254]
3 years ago
13

GI Designs, a copper furniture manufacturer, increased the price on its copper tabletops by 20 percent for three months to see w

hat the effect would be on its sales. The price increase is the __________ in this three-month experiment.
Business
1 answer:
romanna [79]3 years ago
3 0

Answer:

The correct answer is letter "C": independent variable.

Explanation:

Independent variables are propositions in a study which effects help to analyze certain behavior of a dependent variable. The dependent variable does not change but the independent variables do. There may be more than one independent variable for only one dependent variable.

In the case, <em>the dependent variable is the change in sales at GO designs while the independent variable is the price increase.</em>

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Suppose your expenses for this term are as​ follows: tuition:​ $28,000, room and​ board: $9,000, books and other educational​ su
dsp73

Answer:

$ 56,500

Explanation:

Given:

Tuition expenses = $ 28,000

Room and board expenses = $ 2,500

Earning from the part time = $ 16,000

Fulltime salary = $ 42,000

Now,

the opportunity cost is given as:

= Full time working salary + (sum of expenses) - Earnings

on substituting the values, we get

opportunity cost = $ 42,000 + ( $ 28,000 + $ 2,500 ) - $ 16,000

or

opportunity cost = $ 56,500

4 0
3 years ago
Demand"" is a series of prices and the related quantities that consumers are willing and able to buy at a particular ___________
Nonamiya [84]

Answer:

given price in a given time period

Explanation:

Demand is the quantity of a good or service that consumers are willing and able to buy at a given price in a given time period. Each of us has an individual demand for particular goods and services and our demand at each price reflects the value that we place on a product, linked usually to the enjoyment or usefulness that we expect from consuming it. Law of demand  states that If the price of something goes up, people are going to buy less of it.The higher price leads to a lower quantity demanded and that a lower price leads to a higher quantity demanded.  Demand is based on needs and wants a consumer may be able to differentiate between a need and a want, but from an economist’s perspective they are the same thing. Demand is also based on ability to pay. If you cannot pay, you have no effective demand. What a buyer pays for a unit of the specific good or service is called price. The total number of units purchased at that price is called the quantity demanded. An increase in the price of a good or service almost always decreases the quantity demanded of that good or service. Conversely, a decrease in price will increase the quantity demanded.

7 0
3 years ago
A company discarded a display case it had originally purchased for $8,000. the case had $7,200 worth of accumulated depreciation
quester [9]
8000-7200=800

800 gain
3 0
1 year ago
Which resource management activity identifies and verifies that personnel.
Marina CMI [18]

The process of credentialing helps in identification and verification of the personnel in an organization.

<h3>What is credentialing?</h3>

The process that involves the documentation of an individual for the purpose of ensuring and authenticating the true and fairness of the qualifications of an individual associated with the organization is known as credentialing.

It is one of the most important function of the resource management system, which ensures that the organization can be assured of the skills mentioned by the personnel.

Hence, credentialing process is as defined above.

Learn more about credentialing here:

brainly.com/question/14880501

#SPJ4

5 0
2 years ago
If incomes rise rapidly in the United States and U.S. preferences foreign goods strengthen, which on would we expect? A. U.S. ex
Evgesh-ka [11]
<span>D. the dollar to depreciate </span>
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3 years ago
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