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klasskru [66]
3 years ago
7

The market for diamond rings, meaning all types and brands of diamond rings, has a demand that is elastic with respect to price

since diamond rings are not a necessity. Tiffany is a particular brand of diamond rings. It is quite likely true that the demand for diamond rings from Tiffany ____ the demand for diamond rings. A. is more elastic than B. is just as elastic C. might be more or less elastic than D. is less elastic than
Business
1 answer:
Xelga [282]3 years ago
4 0

Answer:

A. is more elastic than general diamond rings

Explanation:

Typically, luxury items are less elastic than necessities (when prices go up, people still buy necessities but are less likely to spend more on luxury goods). However, we are not comparing luxury vs. necessity. We are comparing a high-end name-brand ring like Tiffany's vs other diamond rings. Because Tiffany's is such a well know and sought after brand, people will likely be willing to pay a little more for it because of the brand recognition and prestige.

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You normally stay at home on Wednesday nights and study. However, next Wednesday night, your best friend is having his big 21st
nalin [4]

Answer:

My answer would be don't go, Since we are almost in the red positive for Corona, U might have a chance of catching it from her or the people at her party. On the other hand, u can do a virtual party over the phone/laptop. I understand it's difficult to avoid your bestfriend because of Corona, but technically it's for your own good. If it makes you feel better, I had to miss my Bestfriend B-Day because I was scared to get Corona.

Explanation:

4 0
3 years ago
Read 2 more answers
Which of these individuals is an entreneur ?
wlad13 [49]

Answer:

A. a computer programmer who starts her own software Company

Explanation:

Entrepreneurship is the process through which new businesses are started. An entrepreneur is a person who takes risks by committing their time and resources to start a business.

The computer programmer is the entrepreneur in this case. She is starting a new software business. Other than her computer skills, she will need to be creative and innovate to develop products that will appeal to customers. She will take all risks of her new business but also stand to enjoy its success.

7 0
3 years ago
Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost. The job cost sheet for Job 313 includes
OLEGan [10]

Answer:

the total manufacturing cost is $39,150

Explanation:

The computation of the total manufacturing cost assigned as follows:

Overhead costs is

= 115% of $10,100

= $11,615

Now the total manufacturing cost is  

= Direct materials cost + Direct labor costs + Overhead costs

= $17,435 + $10,100 + $11,615

= $39,150

Hence, the total manufacturing cost is $39,150

3 0
3 years ago
Bill Dukes has $100,000 invested in a 2 stock portfolio; $75,000 is invested in Stock X and the remainder is invested in Stock Y
Marta_Voda [28]

Answer:

A. 1.30

Explanation:

In order to find portfolio beta we will multiply each individual stock's beta with its weight in the portfolio. Stock X has a weight of 75%(75,000/100,000) and a Beta of 1.5. Stock Y has a weight of 25%(25,000/100,000) and a Beta of 0.7.

Portfolio Beta = (1.5*0.75)+(0.70*0.25)=1.3

3 0
3 years ago
Lately, Marcus has noticed a lot of customer complaints that items purchased from his web store don't meet expectations. What im
kotykmax [81]

The improvement to this website that would best help to solve the problem so that customers would know what best to expect are High-quality product photos.

The issue is that there is disconnection between what the customers see and what they get.

In order to meet with customer complaints, Marcus has to listen to the problems that they seem to be having.

Then he has to effect the required changes by creating a connection between what his customers see and what they get.

Read more on brainly.com/question/14530863?referrer=searchResults

6 0
3 years ago
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