1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kisachek [45]
3 years ago
7

Because consumers are generally more sensitive to price increases than to price decreases, it is easier to lose current customer

s with a price increase than it is to gain new customers with a price decrease. - true or false
Business
1 answer:
Illusion [34]3 years ago
7 0

Answer:

True

Explanation:

When the price increases, more people will be unwilling to buy the product. However, simply lowering the price will not necessarily gain a large number of new customers.

You might be interested in
We use statistics when making decisions, rather than parameters, because ________________.
natka813 [3]

Statistics are used in place of parameters for making decisions since they are simpler to collect.

<h3>What are the guidelines?</h3>

In general, a parameter is any feature that aids in describing or categorizing a certain system. In other words, a parameter is a component of a system that is crucial or useful for identifying the system or assessing its functionality, status, or other characteristics.

To describe the entire population under study, a parameter is utilized. For instance, we are interested in learning the typical length of a butterfly. This information about the total butterfly population makes it a parameter.

Three different parameter kinds,

  • Value Specifiers.
  • Parameters of Reference.
  • output variables

To learn more about parameters, refer to:

brainly.com/question/13794992

#SPJ4

4 0
1 year ago
As a leader of the audit team, what do you tell your employees to do first?
Bogdan [553]

Answer:

get to work or your not getting paid. that's what I would say

5 0
3 years ago
Now suppose the U.S. government does not know the demand curve for pollution and, therefore, cannot determine the optimal tax to
vladimir1956 [14]
https://www.chegg.com/homework-help/questions-and-answers/power-stations-emit-sulfur-dioxide-waste-product-generates-cost-society-paid-firm-therefor-q7518299
4 0
3 years ago
A lender is willing to provide a loan equal to 80% of a property worth $360,000. If such a loan carries an interest rate of 7.5%
lukranit [14]

Answer:

B) $11,750

Explanation:

annual mortgage payment = net operating income - (outstanding loan balance x loan payment factor)

outstanding loan balance = property value x loan percentage

annual mortgage payment = $40,000 - [($360,000 x 80%) x 0.09809] = $40,000 - ($288,000 x 0.09809) = $40,000 - $28,250 = $11,750

5 0
3 years ago
You want to determine the upper control line for a p-chart for quality control purposes. you take several samples of a size of 1
lana66690 [7]
The answer to this is 0.08 hope that this helped
7 0
3 years ago
Other questions:
  • While at a garage sale, jenna purchased a set of used plastic baby bottles. she noticed the symbol "7" in a triangle on the bott
    12·1 answer
  • In the "iron law of oligarchy," robert michels stated that bureaucracy always means ________
    7·1 answer
  • If a person drives an automobile, they are required by law to have automobile liability insurance. in which situation would this
    13·1 answer
  • Runaround Corporation sells running shoes and during January they ran production machines for 23,000 hours total and incurred $
    6·1 answer
  • Are starting points for Internet exploring and are interested in channeling surfers to particular sites, especially commercial o
    10·1 answer
  • Typically, how many weeks of vacation do working americans receive at their full-time job?
    14·1 answer
  • Which factor is important to consider when building an emergency fund?
    11·2 answers
  • Select the correct answer
    10·1 answer
  • You are considering two mutually exclusive projects. Project A costs $3.6 million, has a required return of 14.5 percent, and an
    15·1 answer
  • Which of these describes one function of a household in the economy? buys finished products sells finished products taxes finish
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!