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tigry1 [53]
4 years ago
7

​"Because Coke and Pepsi are​ substitutes, a decrease in the price of Pepsi will cause the demand for Coke to decrease. This ini

tial shift in demand for Coke results in a lower price for​ Coke; this lower price will cause the demand curve for Coke to shift to the​ left." Which of the following correctly comments on this​ statement?
Business
1 answer:
Semmy [17]4 years ago
5 0

Answer:

The statement is false because a change in the price of Coke would not change the demand for Coke.

Explanation:

A demand schedule is a table that shows the quantity demanded at different prices in the market. A demand curve shows the relationship between quantity demanded and price in a given market on a graph. The law of demand states that a higher price typically leads to a lower quantity demanded

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Answer:

c is correct

Explanation:

as we always plan something before doing it

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6 0
3 years ago
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Brand managers know that increasing promotional budgets eventually result in diminishing returns. The first one million dollars
Ludmilka [50]
Awareness level is currently 77%, or .77. 

Awareness decreases by 33% per year, so without any additional promotion spending, awareness next year would be .77 * .66 (2/3 of 77%)

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3 years ago
On August 1, 20Y1, Newhouse Co. received $39,110 for the rent of land for 12 months. Journalize the adjusting entry required for
Marta_Voda [28]

The adjusting entry required for unearned rent on December 31, 20Y1 is: Debit Unearned rental revenue $16,296;Credit Rental revenue $16,296.

<h3 /><h3>Unearned rent</h3>

Based on the information given the appropriate adjusting entry required for unearned rent on December 31, 20Y1 is:

31 December

Debit Unearned rental revenue $16,296

Credit Rental revenue $16,296

($39,110×5/12)

(To record unearned rent)

Inconclusion the adjusting entry required for unearned rent on December 31, 20Y1 is: Debit Unearned rental revenue $16,296;Credit Rental revenue $16,296.

Learn more about unearned rent here:brainly.com/question/4260123

3 0
3 years ago
Say that a company has treated you unfairly or dishonestly. which of the following options could help you resolve the issue? i.
Artyom0805 [142]

Answer:

A. I and II

Explanation

8 0
2 years ago
Reasons why marketing is important to a business
Allisa [31]

Answer:

5 reasons why marketing is so important

Marketing informs. To attract consumers in a crowded marketplace, your target audience needs to know why they should choose your business over someone else's. ...

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Marketing sells. ...

Marketing grows businesses.

Explanation:

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3 years ago
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