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3 years ago

The price (P) of designer jeans is affected by the supply (S) and the demand (D).

Business

1 answer:

Sedbober [7]3 years ago

8 0

Answer: The answer is A, an increased demand and no change in supply.

Explanation: I just checked.

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Many new restaurants have opened in Collegetown in recent years. Given this change in supply, what type of demand would result i

Darina [25.2K]

Answer: Inelastic demand

Explanation:

When new restaurants have opened in College town in recent years, the supply for restaurant meals increase. This will lead to a rightward shift in the supply curve for restaurant meals leading to a fall in the price and an increase in the quantity. The fall in price will be larger the more inelastic demand is. When demand is more elastic then a fall in price will be less when supply increases.

7 0

3 years ago

A U.S. automobile company sells many of its cars in countries that have lower taxes on corporate profits than the U.S. Why might

stira [4]

Answer:

It will be more profitable to vertically integrate because the company will be able to further reduce its costs.

Explanation:

Profit = Sales - Cost

The lower the cost, the higher the profit (if sales remains the same).

A Vertical integration strategy requires a company to own or control its suppliers (backward integration) or its distributors or retailers (forward integration), and therefore, gain more control over its value chain.

If the U.S. automobile company chooses to vertically integrate into the car retailing business in countries where it sells most of its cars, then it would cut out certain costs, such as the cost of contracting with independent car dealers, which would further improve profitability.

Also, such forward integration into retailing means the company will develop processes along its value chain that will increase the efficiency of its operations.

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3 years ago

In A competitive balance sheet,the ending cash was315000 in 2011 and270000 in 2012 the net increase or decrease is:

tensa zangetsu [6.8K]

Based solely on the ending cash b as landed amount provided, it a year over year decrease of 45,000.

3 0

3 years ago

Bette's Breakfast, a perfectly competitive eatery, sells its "Breakfast Special" (the only item on the menu) for $5.00. The cost

Tamiku [17]

Answer:

Bette's Breakfast should increase the price or change the cost´s structure.

Explanation:

Bette's Breakfast should increase the price to get any profits because the total of the cost of serving that breakfast is higher than the price.

Profit= price* sales -((Variable cost * sales) +Fixed cost)

Other option is changing the structure of cost per meal.

4 0

3 years ago

Read 2 more answers

During 2020, Concord Corporation acquired a mineral mine for $3700000 of which $395000 was ascribed to land value after the mine

Ivanshal [37]

Answer:

$429,650

Explanation:

Cost of Mineral Mine $3,700,000

Less: Ascribed Land Value $395,000

Depletionable Value $3,305,000

No of units can be extracted from Mine = 10,000,000 units

No of units Sold = 1,300,000 units

Depletion Value = $3,305,000/10,000,000 * 1,300,000

Depletion Value = $429,650

6 0

3 years ago