All categories

3 years ago

Which of the following best describes how consumers let

Business

2 answers:

gavmur [86]3 years ago

6 0

Answer:

A. The purchases consumers make indicate their desires to producers.

Explanation:

The sales report of a company is the total of all customer purchases. The sales performance report communicates vital information to the management of an organization.

If the sales of a particular product are high, it signals that its demand is high. Management can decide to increase the price or maintain it. If sales are low, the organization should consider reviewing the price downwards , or withdrawing the product from the market.

kari74 [83]3 years ago

5 0

Answer:

Explanation:

I just took the test

You might be interested in

Carol Byrd gets a student rate of $30.00 a month for health insurance. There is a $250 deductible. She recently received treatme

e-lub [12.9K]

The company's payment = $1640,

Carol's total cost = $410.

Step-by-step

Given:

Bill amount = $2300

Amount of deductible = $250

Remaining amount is given by:

=$2300-$250

=$2050

Since Carol's insurance company provided paid 80% of the bill less the deductible.

So, the Company's Payment is given by:

Company Pays 80% which translates to 0.8

Company Payment = 0.8*2050

Company Payment = $1640

Carol's total cost after the payment of company is given by

Carol pays = $2050 - $1640

Carol pays = $410

Hence, the company's payment was $1640, Carol's total cost was $410.

Learn more about Insurance on:

brainly.com/question/25855858

#SPJ4

8 0

1 year ago

) Studies also find that teenagers have a higher price elasticity than do adults. Why might this be true?

Andru [333]

This statement is true. Teenagers have a higher price elasticity than do adults.

This is because teenagers does not have much income to spend so they can shift to other products also. Teenagers are also not addict to smoking or any other habits , Therefore price affects the demand of the product.

Price elasticity is defined as the ratio of the percentage change in quantity demanded due to percentage change in price.

Elasticity having more than 1 are relatively more elastic.

Adults have more income to spent so the demand do not effects due to change in price. As adults are more addicted to smoking then teenagers ,

addicted people did not consume less due to its price change.

To know more about price elasticity:

brainly.com/question/13565779

#SPJ1

5 0

1 year ago

Suppose you use Solver to find the optimal solution to a maximization model. Then you remember that you omitted an important con

Mkey [24]

Answer:A

Explanation:

The optimal value will always remain the same. It is because profit is a difference between total revenue and total cost.

8 0

3 years ago

Read 2 more answers

a-1. Based on the preceding information, recommend whether to eliminate Division B. a-2. Prepare companywide income statements b

Gekata [30.6K]

Answer:

solomon is supposed to continue production at Division B because of the increase in the production volume and sales volume that has increased.

Explanation:

Solomon should take the risk of continuing in the business for like a certian period so that he can be able to asses the production fully before making a decision of probably Subleasing the facility.

Sublease: this is the act of leasing a property by a tenant to a subtenant

3 0

3 years ago

Most amateur athletes eventually become professional athletes. True False

andrey2020 [161]

Answer:

False

Explanation:

6 0

3 years ago