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Dovator [93]
3 years ago
8

The price of ice cream increases. In 1 or 2 sentences, explain how and why this affects the quantity of ice cream cones demanded

by consumers
Business
2 answers:
mafiozo [28]3 years ago
8 0

Answer:

This is influenced by raw materials and demand

Explanation:

The production of ice-cream is likely to be influenced by two main features:

1. the cost of raw materials or ingredients.

The cost of the ingredients influences the cost of production of the ice cream. If the price of the ingredients increases, the ice cream making company is likely to increase the price of the ice cream to cover the expenses of the increased price of ingredients.

2. demand in the ice cream - this is when the demand exceeds the supply of ice cream. In this way, the company might take advantage of the trend to increase the price and make more profits.

deff fn [24]3 years ago
6 0
A price increase may discourage customers from buying ice cream, or may choose a free cup over a cone.
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Answer: A. New buy

Explanation:

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Jenny also implied that it was the first time she had met them and it was also the first time they had been introduced to the product so there is that.

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Financial Institutions are described as having an asset transformation function. Explain this function and describe how a bank t
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In some countries with very high inflation rates, citizens tend to spend their money as fast as they receive it in order to keep
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In some countries with very high inflation rates, citizens tend to spend their money as fast as they receive it in order to keep it from losing any more of its value. Under these conditions, money is said to lack stability

Explanation:

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Price stability ensures that excessive inflation and deflation are prevented.

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Flychucker Corporation is evaluating an extra dividend versus a share repurchase. In either case $14,000 would be spent. Current
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3 years ago
Flynn Industries has three activity cost pools and two products. It estimates production 2,000 units of Product BC113 and 1,000
cupoosta [38]

Answer:

Follows are the instructions to this question:

Explanation:

Given:

Configuration of machine = \$16,000 \ \ \ \ 40  \ \ \ \ 25 \ \ \ \ 15

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Order on Packing= \$30,000\ \ \ \  500 \ \ \ \ 150 \ \ \ \ 350

We have to use the following formula in order to measure the expected production overhead rate:

Estimated overhead production rate= Total projected production expenses and for period/Total base allocation sum

Machine Configuration =\frac{16,000}{(40+25+15)}= \frac{16,000}{80} =\$200 / \ setup

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6 0
3 years ago
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