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Bezzdna [24]
3 years ago
12

Suppose pizzas and burgers are substitutes. If the price of pizza increases, what happens in each market?

Business
1 answer:
dybincka [34]3 years ago
4 0

Answer:

The correct answer is option a.

Explanation:

Pizzas and burgers are substitutes. This implies that they are used in place of each other. If the price of pizza increases, its quantity demanded will decrease. This will be indicated by an upward movement to the left on the same demand curve.

The consumers will prefer a cheaper substitute, as a result, the demand for burgers will increase. This will be indicated by a rightward shift in the demand curve for burgers.

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Porsche AG uses the label "Top Guns" to describe one segment of its customers, namely those who care about power and control and
Lady bird [3.3K]

Answer:

The correct answer is C. Psychographic

Explanation:

This type of segmentation specializes in the study of the consumer's psychological traits and other aspects inherent in his life, which can be likes, lifestyle, interests, desires, etc. Under this segmentation, it is possible to get much closer to the ideal consumer, although it takes a lot of effort to implement it.

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Calculate the selling price for 4 hair clips at $20 each given a cash discount of 2%
Alja [10]

Answer:

they would each be 4.9 i think

Explanation:

5 0
3 years ago
Henry Jones contributed equipment, inventory, and $53,300 cash to a partnership. The equipment had a book value of $25,500 and m
gogolik [260]

Answer:

$94,000

Explanation:

Henry Jones contributed a cash of $53,300 to the partnership

The equipment had a book value of $25,500 and a market value of $32,900

The inventory had a book value of $51,900 and a market value of $16,000

The partnership assumed a note payable of $14,500 that was owed by Henry

Therefore, the amount that should be recorded in Henry's capital can be calculated as follows

= $53,300+$39,200+$16,000-$14,500

= $108,500-$14,500

= $94,000

Hence $94,000 should be recorded in Henry's capital account

6 0
3 years ago
Which of the following descriptions are not correct for a push system? (1). There is no clear visibility between processes (2).
ohaa [14]

Answer:

The correct answer is (2)The workers on shop floor lack the autonomy to stop the manufacturing on their own initiative.

Explanation:

The company operates on a push system, where products are made and inventory built up based on best-guess forecasts.

The push system of inventory control involves forecasting inventory needs to meet customer demand. Companies must predict which products customers will purchase along with determining what quantity of goods will be purchased.

So,  from the given options, the correct answer is (2)The workers on shop floor lack the autonomy to stop the manufacturing on their own initiative

8 0
3 years ago
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