1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
brilliants [131]
3 years ago
12

Looking to increase the profits of his lemonade stand, Johann doubled the price of a cup of lemonade from 25 cents to 50 cents.

This clearly shows Johann’s lack of business sense, for now he’ll almost certainly sell fewer cups at the new price and therefore make less money than before.The argument above assumes that 1. Johann is looking to double the profits of his lemonade stand2. the price increase will likely put Johann out of business3. profits from the price increase will not offset the money lost when fewer cups are sold4. even if Johann sells more cups at the new price than he did at the old price, he’ll still lose money on the lemonade stand
Business
1 answer:
hjlf3 years ago
7 0

Answer:

<u>1. Johann is looking to double the profits of his lemonade stand</u>

Explanation:

Note that Johann was<em> still making m</em>oney from lemonade stand but was not content with the profits he was making that was his argument or reason for increasing the price of a cup of lemonade from 25 cents to 50 cents.

<em>Without having forsight</em> Johann's decision eventually resulted in him selling fewer cups at the new price and therefore making less money than before.

You might be interested in
During the current year, assets increased from $11,000 to $19,000, and liabilities decreased from $9,000 to $7,500. If no additi
garik1379 [7]

Answer:

$34,500

Explanation:

Calculation to determine total revenues for the year

Using this formula

Total revenues=Increase in Assets+Decreased in liabilities+Dividends+Expenses

Let plug in the formula

Total revenues=($11,000-$19,000)+($9,000-$7,500)+$4,000+$21,000

Total revenues=$8,000+$1,500+$4,000+$21,000

Total revenues=$34,500

Therefore total revenues for the year is $34,500

6 0
3 years ago
which of the following home purchasing considerations would probably affect older home buyers the least
juin [17]
I'm guessing it is B because it doesn't have enough information. My reasoning is because: Just because you are buying a house doesn't mean you have kids or will have kids, and if you don't elementary school wouldn't be a factor you will consider

hope this helps
4 0
3 years ago
The team members of the technical team in Wescrult Inc. are working on a crucial project. Their previous manager assigned respon
konstantin123 [22]

Answer: Controlling

Explanation: Controlling is the function of management that sets the standards for the performance, then compares the actual performance with the standards set and take corrective action if there comes any discrepancy.

In the given case, Wendy is monitoring the tasks performed by others and is also taking corrective actions. Thus, we can conclude that wendy is  performing controlling function.

3 0
3 years ago
When the price of erasers increases from $1.50 to $2.50, the quantity demanded of pencils is unchanged. The cross-price elastici
Inga [223]

Answer:

d. 0; unrelated.

Explanation:

Cross elasticity of demand is the degree of responsiveness of demand for a particular product to a change in the price of another product.

A change in price of a product will lead to a change in demand for another product if the two goods are either goods of close substitutes or if they are complements. If two goods are not related, the change in price of one will not have any impact on the demand for the other good.

In this question, the cross elasticity is zero because biro and pencil are not related.

3 0
3 years ago
Choose the method of pay that would result in the most earnings for one month on sales of $40,000. A. Straight commission of 7.
sleet_krkn [62]

The method of pay that would result in the most earnings is method 1.

<h3>What method of pay would result in the most earnings?</h3>

In order to determine which method of pay would yield the highest earnings, the total amount that would be earned using each method of pay has to be determined.

Method A = 7.5% x $40,000 = $3000

Method B = $1600 + (2.5% x $40,000) = $2,600

Method C = (5% x $30,000) + (6% x 10,000) = $2,100

Method D = (4% x $25,000) + (8% x $15,000) = $2,200

To learn more about pay, please check: brainly.com/question/11946555

8 0
2 years ago
Other questions:
  • What would be the value of the bond described in Part d if, just after it had been issued, the expected inflation rate rose by 3
    7·1 answer
  • Your grandparents are talking about their retirement in a year. They told you that they should have enough in their retirement f
    10·1 answer
  • The Babylonians in sumer used what as a monetary commodity ?
    7·1 answer
  • What is true about the payments with closed-end credit?
    14·1 answer
  • Amy manages mobile device security for her company, an insurance firm. The company currently uses BYOD. She’s concerned about em
    10·1 answer
  • Bryencia, a start-up media agency, has flexible work hours. The flexible work hours and leave policy at Bryencia boost employee
    6·1 answer
  • a. Attracting large amounts of capital is more difficult for partnerships than for corporations because of such factors as unlim
    15·1 answer
  • Suppose ABC Dairy is one firm competing in the perfectly competitive market for milk. Now suppose ABC Dairy decides to produce o
    9·1 answer
  • What is 2 + 5<br> help<br> pls
    11·2 answers
  • Many___expectations of good customer service are the same, but we must still treat each customer as an individual.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!