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3 years ago

Which of the following DOES NOT affect demand?

1 answer:

4 0

<span>Essential goods does not affect demand for we cannot live without it. That is why the demand for essential goods will remain constant even if there is a change in price. An example is medicine; people will buy this to cure their ailment regardless of a price increase.</span>

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Jim Moore opens a new savings account. He deposits $12,000 at 12% compounded semiannually. At the start of the fourth year, Jim

hjlf

Answer:$119,735.6

Explanation:

To calculate the total in the account,we use the compound interest formula

A= P ( 1+ ( R/2)/100)∧2n

P = $ 12,000 n = 4 R = 12%

A = 12,000 (1+(12/2/100)∧2*4

A = 12,000 ( 1+ ( 6)/100)∧2*4

A = 12,000 ( 1+0.06)∧8

A= 12,000 ( 1.06)∧8

A = 12,000 ( 1.5938)

A= 12,000* 1.5938

A= $ 19,125.6

Another deposit into the account

A = P ( 1+(R/2)/100)∧2n

A= 50,000 (1+12/2/100)∧2*6

A= 50,000 (1+6/100∧12

A = 50,000 ( 1+0.06)∧12

A = 50,000 (1.06)∧12

A= 50,000 ( 2.0122)

A = 50,000* 2.0122

A = 100,610

Therefore, the total in the account

$19,125.6 + $100,610

= $119,735.6

5 0

3 years ago

Which of the following is not a reason for redesigning a product or service? Multiple Choice to attract and increase customer de

Wewaii [24]

Answer:

to increase the level of employee satisfaction

Explanation:

Redesigning a product or service does not necessarily have to do with improving employee satisfaction, but it would be great if it does it as a side effect.

Redesigning a product or service costs money, and usually a lot of money, so c company must perform a cost benefit analysis before doing so. The main reason why a company would carry out a redesign is simply to increase consumer demand and total sales. This is generally achieved by increasing the quality of the product or service, and therefore consumer satisfaction. It can also do it to lower production costs, which also increases profits.

4 0

3 years ago

Janelle Heinke, the owner of Ha'Peppas!, is considering a new oven in which to bake the firm's signature dish, vegetarian pizza.

NikAS [45]

Answer:

a) Oven A = 1,667; Oven B = 2,353 pizzas.

b) Oven A

c) Oven A

d) 13,334 pizzas

Explanation:

Since nothing was mentioned regarding her time availability, the capacity of each oven will not be taken into account.

The income equation for ovens A and B, respectively, are:

$A=(14-2)x-20,000\\B=(14-1.25)x-30,000$

Where 'x' is the number of pizzas sold.

a) The break-even occurs when income is zero:

$A=0=(14-2)x-20,000\\x_A=1,666.66\\B=(14-1.25)x-30,000\\x_B=2,352.94$

Rounding up to the next whole pizza, the break-even for oven A is 1,667 pizzas and for oven B it is 2,353 pizzas.

b) For x = 9,000:

$A=(14-2)*9,000-20,000\\A=\$88,000\\B=(14-1.25)*9,000-30,000\\B=\$84,750$

Income is greater with oven A, so Janelle should use oven A.

c) For x = 12,000

$A=(14-2)*12,000-20,000\\A=\$124,000\\B=(14-1.25)*12,000-30,000\\B=\$123,000$

Income is greater with oven A, so Janelle should use oven A.

d) She should switch ovens at the value for 'x' that causes B to be greater than A:

$A$

Rounding up to the next whole pizza, she should switch ovens at a volume of 13,334 pizzas.

7 0

4 years ago

WV Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a s

KengaRu [80]

Answer:

$252,000

Explanation:

Calculation to determine How much of these salaries are common fixed expenses

Office administrative assistant $ 54,000

Office administrative assistant $39,000

President's salary $159,000

Common fixed expenses $ 252,000

($54,000+$39,000+$159,000)

Therefore How much of these salaries are common fixed expenses will be $252,000

4 0

3 years ago

explain why, in general, it is difficult but important for current oligopoly members to incorporate into the cartel any large pr

Aliun [14]

In instance, cartels frequently develop in marketplaces where there are few firms and each firm has a sizable share of the market, which are the same circumstances that lead to an oligopolistic market.a

Oligopolistic businesses join cartels to gain more market sway, and the group's members collaborate to decide on the volume of output and/or price each member will produce. The cartel members might act like monopolists because of their cooperation. For instance, if each company in an oligopoly offers an undifferentiated good like oil, each firm will encounter a horizontal demand curve at the market price.However, if the oil-producing companies band together to set their output and price, like OPEC does, they will all have to contend with a downward-sloping market demand curve, just like a monopolist. The cartel actually makes the same decision to maximize profits as a monopolist would. The cartel members decide on their collective output at the point where their marginal costs and revenues are equal. The market demand curve at the output level the cartel selects determines the cartel price.

To know more about cartel:

brainly.com/question/16098995

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8 0

1 year ago