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labwork [276]
3 years ago
5

The Coffee Express company is located in a business district with few customers on the weekend. To attract customers on Saturday

and Sundays, it reduces its prices on these two days. This is an example of__________.
a. the target return effect.
b. the substitution effect.
c. dynamic pricing.
d. the income effect.
e. cross-price elasticity.
Business
1 answer:
emmainna [20.7K]3 years ago
5 0

Answer:

c. dynamic pricing.

Explanation:

Dynamic pricing is when the price of a product is not fixed but flexible. Prices change based on changes in demand. It is also known as surge pricing or demand pricing.

The Coffee Express company reduces its prices on the weekends due to a fall in demand. This is Dynamic pricing.

Cross price elasticity measures the degree of responsiveness of quantity demanded of a good to changes in the price of another good.

The income effect measures how consumption and demand for a product changes when real income changes.

The substitution effect measures how a consumer subsistuites one good for another good when there's a change in price.

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artcher [175]

Answer:b. Resource acquisition

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Acquiring resources is the process of securing team members, equipment, materials or other resources required to deliver the project. The key input to acquiring resources is the project plan. The Acquire Resources process is repeated at several stages throughout the project as the need arises.

4 0
2 years ago
The income statement for Stretch-Tape Corporation reports net sales of $540,000 and net income of $65,700. Average total assets
Mnenie [13.5K]

Answer:

7.3%; 12.17%; 0.6 times; 15.95%

Explanation:

Return on assets:

= Net Income ÷ Average total assets

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Profit Margin:

= Net Income ÷ Net Sales

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= 12.17%

Asset Turnover:

= Net Sales ÷ Average Total Assets

= $540,000 ÷ $900,000

= 0.6 times

Return on Equity:

= Net Income before dividend ÷ Equity

= [($65,700 + $30,000) ÷ $600,000] × 100  

= ($95,700 ÷ $600,000] × 100  

= 15.95%

8 0
3 years ago
On jan 1, 2013, a company balance in retained earnings was $10,000,000. at dec 31, 2013 the balance in retained earnings was $9,
Vsevolod [243]
The dividends amounted to $1,044,000.
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3 years ago
Which statements are true of a white dwarf?
Snezhnost [94]

Answer:

- it is the result of the core collapse of a low-mass star that sheds its outer layers.

-it cools down to become a black dwarf.

Explanation:

because its right, alright.

(PLATO)

8 0
3 years ago
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A

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