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
erma4kov [3.2K]
3 years ago
8

Why is it important for organizations to accurately estimate the demand for a good or​ service? A. To decrease the fixed costs o

f production B. To plan​ production, marketing, and budgets C. To determine potential sales D. To determine where the upward slope on the demand curve will be E. To determine what to charge
Business
1 answer:
Yuki888 [10]3 years ago
4 0

Answer:

B. To plan​ production, marketing, and budgets

Explanation:

A company needs to know accurately the demand for a good or service because it has to determine what kind of customer it is and plan the marketing accordingly. Additionally, that information will be valuable in planning plan its production volume. And afterward, with that information in hands, knowing fixed and varied costs, marketing costs and others, plan the budget accordingly. Pricing, fixed costs, demand slope, and potential sales will be determined by other factors that can include but are not limited to demand estimation.  

You might be interested in
According to naoroji, what benefits has india received as a result of british rule? check all that apply. understanding of india
Zarrin [17]
The two correct options are:
peace, stability, and order.
new technologies and infrastructure. 

4 0
3 years ago
Read 2 more answers
What is an example of a flame?
nasty-shy [4]

Answer:

Fire

Explanation:

Class A fires are defined as ordinary combustibles. These types are fires use commonly flammable material as their fuel source. Wood, fabric, paper, trash ,and plastics are common sources of Class A fires. ... Trash fires are one such example.

4 0
3 years ago
Read 2 more answers
Property rights are legally established titles to the​ ownership. True or False
kakasveta [241]

Answer:

True

Explanation:

The property rights are the rights that are given the authority to use or sell the property resources which fully depend upon the ownership criteria.

It should be legally owned by any person whether such a person is an individual or its a company or government.  

The example of the property rights would be intangible or tangible i.e building, patents, land, copyrights, and other intellectual properties.

8 0
3 years ago
If the price of a product increases, then the budget line rotates and the optimal quantity demanded, which corresponds to the hi
Hoochie [10]

Answer:

Budget Line rotates inwards (leftwards/ downwards) on that axis, optimal quantity demanded at that higher price .

Explanation:

Budget line represents product combinations that a consumer can afford , using all income with given prices & income.

If price of a product increases, the consumer can consume lesser amount of the product due to higher prices . So, the budget line rotates inwards (leftwards / downwards) on the corresponding x / y axis denoting that good.

So, inwards rotation of the budget line on the corresponding axis representing the price risen good - leads to reduction in the quantity of the good whose price has risen.

7 0
3 years ago
Alt Corp. issues 3,000 shares of $10 par value common stock at $14 per share. When the transaction is recorded, credits are made
storchak [24]

Answer:

Credits are made to Common Stock $30,000 and Paid in capital in excess of Par value $12,000

Explanation:

The journal entry is shown below;

Cash $42,000 (3,000 shares at $14)

         To Common Stock $30,000 (3,000 shares at $10)

         To Paid in capital in excess of par value $12,000 (3,000 shares at $4)

(Being issuance of the common stock is recorded)

Here cash is debited as it increased the assets and credited the common stock & paid in capital as it also increased the stockholder equity

8 0
2 years ago
Other questions:
  • Perpetual Inventory Using LIFOBeginning inventory, purchases, and sales data for prepaid cell phones for May are as follows:Inve
    11·1 answer
  • Increasing technological innovation has helped to create an era of risk and instability. Globalization, new technologies, and gr
    14·1 answer
  • In 2018, Rachel received a $1,900 refund of state income taxes that she paid in 2017. In 2017, Rachel claimed itemized deduction
    7·1 answer
  • According to a study conducted by an​ organization, the proportion of americans who were afraid to fly in 2006 was 0.10. a rando
    8·1 answer
  • A commercial bank like Comerica creates money by Group of answer choices making loans. earning profits. printing paper money. se
    12·1 answer
  • Why should a manager in an international business care about the political economy of free trade or about the relative merits of
    13·1 answer
  • Bob's electronics company has quite a buzz around a new television they're launching, called UltraView1000. This television is e
    10·1 answer
  • Q#1. How would you describe the word “CAREER” Explain in 5-7 sentences.
    11·2 answers
  • Free trade areas that have a common external trade policy, but don't allow for the free movement of people and capital are calle
    6·1 answer
  • What kinds of action could you take when you execute your decisions in the ipde process?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!