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
Serga [27]
3 years ago
9

David has a few options regarding Sedona Stout pricing:

Business
2 answers:
Elina [12.6K]3 years ago
6 0

Answer:

I would suggest he decrease the sales price.

Explanation:

Because it will might make people rush the product due to its low price compared to other products of another brand.

The low price will create a high demand for the product therefore causing the quantity of the products being produced to increase.

The quality of the product will be very good since the quality is not being reduced only the price therefore it might result in not having the maximum profit needed.

kozerog [31]3 years ago
6 0

Answer:

I will recommend DECREASE IN SALES PRICE(Option c) in other to increase the demand for Sedona Stout.

With this price decrement, price elasticity will be applicable.

Also, the demand law states that the higher the price, the lower the demand and vice versa.

Explanation:

Increased prices typically result in lower demand, and demand increases generally lead to increased supply. However, the supply of different products responds to demand differently, with some products' demand being less sensitive to prices than others. Economists describe this sensitivity as price elasticity of demand; products with pricing sensitive to demand are said to be price elastic. Inelastic pricing indicates a weak price influence on demand. The law of demand still applies, but pricing is less forceful and therefore has a weaker impact on supply.

You might be interested in
TimeEnough Inc. entered the low-priced digital watch market several years ago. This firm's earnings have been unsteady, but migh
vova2212 [387]

Answer:

Time Enough is a question mark.

Explanation:

In the BCG growth matrix, question marks are those firms that have a low market share, but that are growing, however, it is still uncertain where said firms will stand in the future.

Time Enough is a question mark because while the firm's earnings have been usteady, there is still evidence that the firm is growing, so the firm could become a star or a cash cow in the future.

8 0
4 years ago
When should a transfer of receivables be recorded as a sale? The buyer surrenders control of the receivables to the seller. The
miskamm [114]

Answer:

The transferor does not maintain effective control over the transferred financial asset or third party beneficial interest in the asset.

Explanation:

The code for transfer of receivable provisions, allows creditor of a debt to have the right to transfer his/ her receivable right to another person, provided that the transaction is permitted by the law/ contract nature of business. Transfer of receivables permit the third person/ party to be included in the relationship that exist between debtor and creditor, and this allows him/ her to near the title of creditor.The receivable must be an existing one before the receivable transfer can be possible. It should be noted that for transfer of receivables be recorded as a sale, The transferor does not maintain effective control over the transferred financial asset or third party beneficial interest in the asset.

3 0
3 years ago
Google's relaxed and non-traditional corporate culture is one aspect of which
poizon [28]

The correct answer is A.

Google’s relaxed and non-traditional culture is one aspect of their business model.

6 0
4 years ago
Fiona found that she had broken even when she sold 120 boxes of her homemade chocolate chip cookies. The rent for her bakery (pa
Maslowich

Answer:

$0.5 per box

Explanation:

From CVP analysis,

The break-even point = Fixed cost/contribution margin per unit

For Fiona

Break-even point =$120 boxes, fixed costs = $300

Contribution margin per init = selling price - variable costs

selling price =$5: variable costs, cookies cost $2 per box, and chocolate chips

therefore

120 = $300/ Contribution margin per unit

$120 = $300/ CM

CM = $300/$120

CM = $2.5

Contribution margin = selling price - variable costs

$2.5 = $5- cookies - chocolate chips

$2.5 =$5 - $2- chocolate chips

$2.5 -$3-chocolate

chocolate chips = $3-$2.5

=$0.5 per box

5 0
3 years ago
Read 2 more answers
2 features of private limited companies
deff fn [24]
True your welcome kid
4 0
4 years ago
Other questions:
  • Tyron is saving up money for a down payment on a motorcycle. He currently has $5648, but knows he can get a loan at a lower inte
    13·1 answer
  • The Penn Railways has a 7-year, 6.5 percent semiannual coupon bond outstanding with a $1,000 par value. The bond has a yield to
    6·1 answer
  • On January 10, 2019, Metlock, Inc. sold merchandise on account to Monty Co. for $20,900, n/30. On February 9, Monty Co. gave Met
    11·1 answer
  • Leather ShopLeather Shop earned net income of $57,000 after deducting depreciation of $5,000 and all other expenses. Current ass
    13·1 answer
  • A firm called Can't Be Stopped, Won't Be Stopped uses process costing to determine the cost of inventory. All direct materials a
    15·1 answer
  • Sara wants to start her own business. She is not sure if she wants to be a sole proprietor or get a partner. She asks a financia
    13·2 answers
  • What are the components of an attitude?
    9·1 answer
  • A distribution to an estate's sole beneficiary for the calendar year equaled $15,000, the amount currently required to be distri
    12·1 answer
  • Melanie graduated from the College of Business at the University of Arizona. What type of higher education Institution did she a
    12·1 answer
  • 2. Cash flows from __________ activities are the cash flows from transactions that affect the debt and equity of the company.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!