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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.

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car insurance

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For an oil and gas limited partnership (LP), allowances in the form of deductions are allowed by the IRS to be taken to compensa
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Answer:

The allowance can be taken based on:

a reduction (production) of the oil and gas reserves.

Explanation:

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3 0
2 years ago
Acme Home Lending offers home equity loans up to 80% of the home value for its customers. If Sally Johnson has a home valued at
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Answer:

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Explanation:

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As per given data

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2 years ago
The trial balance of Sheffield Corp. at the end of its fiscal year, August 31, 2022, includes these accounts: Beginning Inventor
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Answer:

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Beginning inventory, September 1, 2013              $18,870

Purchase                                                    $ 224,790

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Net purchase                                             $ 219,360

Add: Freight in                                           $9,780

Cost of goods purchased                                         <u>$229,140</u>

Cost of goods available for sale                              $248,010

Less: Inventory August 31,2014                                <u>$20,100</u>

Cost of goods sold                                                   <u>$227,910</u>

6 0
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Thus, if <em>Alzania's neighbor exported half its production of cotton that year </em>the total production of cotton is greater of the neighbor than Alzania.

6 0
3 years ago
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