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NISA [10]
3 years ago
11

Company A charges $331.35 per week for a compact car with unlimited miles. Company B charges $175 per week plus $0.53 per mile,

for the same car. How many miles must be driven in a week so that company A is a better deal than company B?
Business
1 answer:
Ymorist [56]3 years ago
3 0

Answer:

so basically anyhting over 295 :)

Explanation:

331.35 = 175 + (0.53m)

156.35 = 0.53m

295 = m

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Suppose the current price of a good is $160. At this price, the quantity supplied is 130 units, and the quantity demanded is 55
mixer [17]

Answer:

80, 85

Explanation:

At current price,

Quantity Demanded is less than Quantity supplied

As Qd = 55, Qs = 130

• so market is currently experiencing a surplus, as Qs > Qd

•so to adjust, market price will decrease,

so that Quantity Demanded rise & Quantity supplied falls, till Qd = Qs

• eqm Q = 105

• eqm P = $ 155

As if P falls by 1, then P = 159

Qd = 55+10 = 65

Qs = 130-5 = 125

If P = 158, Qd = 75, Qs = 120

If P = 156, Qd = 95, Qs = 110

P = 155, Qd = 105, Qs = 105

7 0
3 years ago
The first group of customers to enter the market for a new product are called: a. the late majority. b. laggards. c. passive sho
Bas_tet [7]

Answer: Innovators

Explanation:

Innovators are customers who take risk, seek changes and are also the earliest to purchase a new product. They are able to tolerate high risk which enables them to try products in the initial stage of its life cycle ahead of other customers.

Their tolerance for high risk makes them try out new products such as new technologies even though the product may fail eventually. They have huge financial liquidity which enables them try new products. They are also called influencers because they influence other people in the society about the product.

8 0
3 years ago
The advantages of using a franchising strategy to pursue opportunities in foreign markets include:.
Sliva [168]

The advantages of using a franchising strategy to pursue opportunities in foreign markets include : Having franchisees bear most of the costs and risks of establishing foreign locations and requiring the franchisor to expend only the resources to recruit, train, and support and monitor franchisees.

<h3>What is franchising?</h3>

Franchising is a marketing concept in which when adopted by an organization, can be used as a strategy for business expansion.

The Franchisor is the original business owner who sells the right, intellectual property and use of its business model to use its business name and idea.

Basically, franchise provides the opportunity to buy into a successful business model which has track record, solid supply chain and expert technical support.

Learn more about franchising here : brainly.com/question/12879015

6 0
2 years ago
an audit manager) has been assigned to the audit of Tandem Electric, Inc. Dorothy is concerned that Joanne, a friend from her co
zhannawk [14.2K]
I thought it would be B. Because if she is doing audit and knows someone in the company that is helping with the audit, she is NOT legally able to do the audit! That is what I learned in accounting anyway. I am not sure though just an input.I would pick B.
6 0
3 years ago
Read 2 more answers
Which of the following statements are true regarding owners' equity and ownership rights held in noncorporate entities?
Degger [83]

Answer: A. Owners' equity for proprietorships and partnerships is usually referred to as capital.

B. No distinction is made between invested capital and retained earnings for a proprietorship or a partnership.

C. Neither proprietorships or partnerships issue stock.

Explanation:

The statements that are true regarding owners' equity and ownership rights held in noncorporate entities include:

• No distinction is made between invested capital and retained earnings for a proprietorship or a partnership.

• Neither proprietorships or partnerships issue stock.

• Owners' equity for proprietorships and partnerships is usually referred to as capital.

We should note that sole proprietorships and partnership typically don't have stockholders and shouldn't issue stock as they aren't separated from their founders.

Also, the owners' equity for proprietorships and partnerships is usually referred to as capital. We should note that for a sole proprietorship or a partnership, the equity is the owners capital account which can be seen on the balance sheet.

Based on the above explanation, all the options given above are correct.

5 0
3 years ago
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