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3 years ago

What are at least two ways this image my affect demand?

Business

1 answer:

likoan [24]3 years ago

6 0

This is just a poster or a picture, and there is no way with which this can affect the demands of the consumers.

Explanation:

Demand is the quantity of the commodity that the consumer is willing to buy at the prevailing prices in the market.

Demand of the commodity is inversely related with the price of the commodity that is with the increase in the price of the commodity, the quantity of the commodity demanded will decrease. Other factors which affect the demand of the good apart from the price of the good are the advertising, the income of the good, the prices of the other goods and so on.

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XYZ Co. is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $121,000 and 10

stira [4]

Answer:

the predetermined overhead rate is $12.10

Explanation:

The computation of the predetermined overhead rate is shown below:

The Predetermined overhead rate is

= (Estimated total fixed manufacturing overhead ÷ Estimated direct labor hours)

= ($121,000 ÷ 10,000)

= $12.10

hence, the predetermined overhead rate is $12.10

6 0

3 years ago

You are the curator of a museum. The museum is running short of funds, so you decide to increase revenue. What should you do to

SVETLANKA909090 [29]

Answer and explanation:

Demand elasticity measures the changes in quantity demanded as the result of changes in price. Demand elasticity is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the result is equal or higher than one (1) the product is elastic but if the result is lower than 1 the product is inelastic.

In the case, as the elasticity of demand of the museum ticket is 0.45 it means the museum tickets is inelastic. This scenario implies that in front of changes of price the quantity demanded will not change. Thus, as a curator of the museum you should increase the museum ticket price to increase revenue.

3 0

3 years ago

The fact that companies can now organize and analyze vast amounts of data on individuals to determine individual behavior profil

viktelen [127]

The fact that companies can now organize and analyze vast amounts of data on individuals to determine individual behavior profiles is due mostly to advances in data analysis.

Data analysis, also called the analysis of data, is a procedure of assessing, purging, changing, and demonstrating information with the objective of finding valuable data, recommending conclusions, and supporting decision making. Data analytics is also another name for the process.

3 0

3 years ago

Predict how the price of athletic shorts would change if schools banned their use

stira [4]

Not enough info given about the situation but the best guess would be the price would decrees.

When the demand for a product drops (i.e being banned) the price drops

4 0

3 years ago

Read 2 more answers

On December 2, Coley Corp. acquired 1,600 shares of its $3 par value common stock for $21 each. On December 20. Coley Corp. reis

shusha [124]

Answer:

(A) Credit Additional Paid in Capital $9,600

Explanation:

As provided earlier, shares of own company were acquired, at a premium, which creates a treasury account with the amount of purchase back of shares.

This is because of the amount paid towards purchase that is for the amount received on purchase.

Further when shares are resold the paid in capital account is credited,

Additional capital to be credited = $11 - $3 = $8 per share

$8 $\times$ 1,200 shares = $9,600

With this amount the balance of additional capital will increase, and thus this account will be credited.

If there is any reversal to treasury stock it will be treasury stock account debit, thus option b) and option d) are completely invalid.

Further cash received = $11 $\times$ 1,200 = $13,200 and not $25,200

Therefore option c) is also invalid.

Therefore, Correct option is

(A) Credit Additional Paid in Capital $9,600

4 0

3 years ago