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Svetllana [295]
3 years ago
11

Which shift in the demand curve most likely to describe a company in a monopolistically competitive market that begins to spend

more on advertising?
Business
1 answer:
DanielleElmas [232]3 years ago
4 0
Which shift in the demand curve most likely to describe a company in a monopolistically competitive market that begins to spend more on advertising? An upward shift on the demand curve. A monopolistic competitive market is imperfect competition because many products sell similar products but they are different due to branding and quality used so they are not perfect substitutes for one another. 
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Anya, sales manager for Pacific Lumber, tells Ricardo, the firm's inventory manager, that the firm's failure to have adequate su
zaharov [31]

Answer:

The correct answer is B

Explanation:

Stockout or OOS stands for Out of Stock, which is event that causes the inventory to be exhausted. It occur with the entire supply chain.

In this case, Firm is facing failure for having adequate or enough supplies on hand, which result in the lost sales amounts to $175,000. It is representing the Stockout in the inventory management costs.

3 0
3 years ago
g Suppose that if GSI drops the price on the Glucoscan 3000 immediately, it can increase sales over the next year by 30% to 130,
Amanda [17]

Complete Question:

Glucose Scan Incorporated (GSI) currently sells its latest glucose monitor, the Glucoscan 3000, to diabetic patients for $129. GSI is considering lowering the sale price to $99 per unit. The cost of goods sold for each Glucoscan unit is $50, and GSI expects to sell 100,000 units over the next year. The marginal corporate tax rate is 40%. Suppose that if GSI drops the price on the Glucoscan 3000 to $99 immediately, it can increase sales over the next year by 30% to 130,000 units.

Also suppose that for each Glucoscan monitor sold, GSI expects additional sales of $100 per year on glucose testing strips and these strips have a gross profit margin of 75%. These strip sales occur on all monitor sales regardless of the price of the monitor. Including the increase in the sale of testing strips, the incremental impact of this price drop on the firms EBIT is closest to:

Answer:

$720,000

Explanation:

Incremental Earnings Before Interest and Tax Analysis  

Details                                         Current price               Reduced price

Units Sold                                        100,000                         130,000

Unit sales price                            <u>       129          </u>                <u>         99        </u>

Sales Revenue                             $12,900,000                 $12,870,000

Cost of Goods sold at $50            <u>5,000,000</u>                  <u>$6,500,000</u>

Gross Profit                                    $7,900,000                  $6,370,000

G. Profit on Strips sold at $75      <u>$7,500,000</u>                  <u>$9,750,000</u>

Total Gross Profit for the year      $15,400,000                $16,120,000

The Net benefit of this price change is increase of Earnings before interest and tax by $720,000.

3 0
3 years ago
Jayden was feeling pressured into buying a service plan for his new car. What right should Jayden exercise?
Naya [18.7K]
I would go with C and A. but as i went through with that one day i would prefer C so, its C
5 0
3 years ago
Read 2 more answers
A bank is required to maintain an average daily balance at the Fed of $700 million. On the first day of the maintenance period i
IRINA_888 [86]

Answer:

$650 million

Explanation:

Calculation to determine the What does its balance at the Fed has to be on the last day of the maintenance period in order to have a zero cumulative reserve deficit

First step is to determine the balance maintained for 13 days in term of product

Using this formula

Product=Numbers of days Balance maintained for those days

Day Balance Product

1 *$750 million=$750 million

2* $725 million=$1,450 million

3* $625 million=$1,875 million

3* $775 million=$2,325 million

2*$700 million=$1,400 million

2*$675 million=$1,350 million

13 $9,150 million

($750 million +$1,450 million+$1,875 million+$2,325 million+$1,400 million+$1,350 million)

Now let calculate the required balance on the last day

Maintained required for 14 days in term of product $9,800 million

(14*$700 million)

Less balance maintained for 13 days in term of product ($9,150 million)

Required balance on the last day $650 million

($9,800 million-$9,150 million)

Therefore its balance at the Fed has to be $650 million on the last day of the maintenance period in order to have a zero cumulative reserve deficit.

3 0
2 years ago
"parents with children list a gps system (28%) and a dvd player (28%) as "must have" accessories for a road trip.12 suppose a sa
Helga [31]
<span>If 28 percent of parents state GPS and another 28 percent of parents state DVD player as most important, that would mean 56 percent of parents deem one or the other as the most important piece of equipment for a roadtrip. 56 percent of 1000 equals 560 out of 1000 parents chose a GPS or DVD player.</span>
8 0
3 years ago
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