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grandymaker [24]
3 years ago
13

When apple introduced the ipod portable digital music player, the price of and demand for digital music players were high. As a

result,
a. Competition was not allowed to enter the market.
b. Other suppliers introduced digital music players to meet the demand.
c. Manufacturers stopped producing digital music players.
d. Consumers stopped buying digital music players.
e. The equilibrium price met supply?
Business
1 answer:
PSYCHO15rus [73]3 years ago
5 0

Answer: b. Other suppliers introduced digital music players to meet the demand.

Explanation: When a new product is launched in the market at a higher price, it enables sellers to attract a large amount of profit. These profits will induce other sellers to enter the market. This will make other suppliers introduce digital music players to meet the demand. Therefore, b is the correct option.

Market for digital players is fairly competitive, therefore a cannot be the correct option. c is not correct because consumers who have a preference for digital players will not get affected by the price.

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Marianna [84]

In business, people often make choices. Opportunity Cost is the value of what must be foregone in order to undertake an activity.

<h3>What is opportunity cost?</h3>
  • The economists often refer to this type of cost as the amount or the value of the next highly rated alternative use of one's money or resource.

An example is when a person spend their time and money going to a shop, one cannot spend that time at cooking, and you even did not spend the money on other things.

Learn more about Opportunity Cost from

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8 0
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Ostrovityanka [42]

Answer:

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Explanation:

The testing on the golf club, determined a improvement in the driving distance and this was measured numerically and showed in form of a percentage in comparison with average measurements.

When the information is presented with numerical data support, we can say its a quantitative data, because it tells us "how much?".

When the information is presented just with adjetives, telling us about the performance its a qualitative data, because it tell us "how things happened?"

A control variable is the data that is going to modified in order to see changes is the independent variable. In this case, the control variable  could be the weight of the club (assumption), and the independent variable the driving distance data(not percentage).

4 0
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The expansionary phase of the business cycle is characterized by
Leokris [45]

Answer:

<u>increasing real output and reducing unemployment</u>

Explanation:

The expansionary phase of the cycle is business characterized by the i<em><u>ncreasing real output and reducing unemployment.</u></em>

<em> Business cycle refers to that cycle in which there is increase and decrease or fall and rise of output of goods and services.</em>

<em> Business cycle has main four stages expansion ,peak , contraction and trough.</em>

The main cause of business cycle is the forces of supply and demand , expectation of future and it availability of the capability may also cause the business cycle.

Economic cycle is another name of Business cycle . Business cycle plays a crucial rule in the economy as it influence the demand of the consumer.

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A table is a systematic arrangement of data implementing columns and rows to display information which make it easier for better understanding.

Table number: A table should always be numbered for easy identification

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<span>After you submit the Free Application for Federal Student Aid (FAFSA), you will be sent a Student Aid Report (SAR). If they have a valid e-mail address on file for you, they will send you an e-mail, within 3 to 5 days, with instructions on how to access an online copy of your SAR.</span>
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