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pishuonlain [190]
3 years ago
15

At a zero price, quantity demanded will be equal to zero. An increase in market price will lead to an increase in quantity deman

ded. A reduction in market price will lead to a decrease in quantity demanded. A reduction in market price will lead to an increase in quantity demanded.
Business
1 answer:
marishachu [46]3 years ago
8 0

Yes a reduction in market price will lead to an increase in quantity demanded.

Explanation:

It is true that when price decreases demand increases as these two factors affects each other inversely. There is a negative relationship between price and demand and it is known as Law of demand.

If the price increases , the quantity demanded falls down (but demand itself stays the same). If the price falls down, quantity demanded goes up. People who were demanding less due to the high price will demand more if price falls as this will not affect the their pocket more as earlier.

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In marketing, advertisements or salespeople can activate a consumer's purchase decision process by _________.a. showing the shor
Natasha2012 [34]

Answer:

The correct answer is the option B: manipulating a customer's want into a need.

Explanation:

To begin with, in the field of marketing there are several instruments that can be used in order to obtain the customer's attention, such as the advertisements and the salespeople. Moreover, these two types of tools can generate in the client a shift in his behavior that makes him feel that his desire or want is now a new need that must be satisfy. Therefore that the advertisements tend to capture the people's attention with bright colors and wonderfull and desired situations. And the salespeople tend to push the clients into buy some items that may complement the primary product that they are buying.

7 0
3 years ago
Read 2 more answers
The president of the Micro Brewing Corporation asks you, as the company economist, to forecast changes in consumer beer purchase
umka21 [38]

Answer:

It is more profitable to raise the selling price by $2.

Explanation:

To determine whether the company should raise the selling price, we need to determine the effect on income. <u>The best option is the one with the higher sales revenue.</u>

Sales revenue= selling price * number of units

<u>Current:</u>

Sales revenue= 5.5*2,200= $12,100

<u>Proposal:</u>

Sales revenue= 7.5*1,800= $13,500

It is more profitable to raise the selling price by $2.

7 0
3 years ago
The laissez faire model is inspired by the work of which economic philosopher?
Vitek1552 [10]

Laissez faire model was inspired by John Stuart Mill's book "Principles of Political Economy" (1848). This model states that the government should not be heavily involved in the market, and should have a hands off approach.

I hope this helped! :)

3 0
2 years ago
You are given the following information on Kaleb's Welding Supply: Profit margin 6.9 % Capital intensity ratio .78 Debt–equity r
Tatiana [17]

Answer:

0.1563946140 or 15.64%

Explanation:

The computation of the sustainable growth rate is shown below:

But before that we need to do the following calculations

As we know that

Profit margin = net income ÷ Sales

So,

0.069 = $86,000 ÷ Sales

Sales = $1,246,376.81159

Now

Capital intensity ratio = Total assets ÷ Sales

Total assets is

= $1,246,376.81159 × 0.78

= $972,173.91304

And,

Debt - Equity ratio = Debt ÷ Equity = 0.9

Now, if debt is 0.9, and equity is 1, Thereforetotal assets is 1.9 (0.9 + 1).

So,

Equity = Total assets x 1 ÷ 1.9

= $972,173.91304 ÷ 1.9

= $511,670.480547

And,  

Return on Equity (ROE) = Net income ÷ Equity

= $86,000 ÷ $511,670.480547

= 0.16807692307 or 16.807692307%

And,

Dividend payout ratio = Dividend ÷ net income

= $16,800 ÷ $86,000

= 0.1953488372

Now  

Retention ratio (b) = 1 - dividend payout

= 1 - 0.1953488372

= 0.8046511628

So,  

Sustainable growth rate (SGR) = (ROE x b) ÷ [ 1 - (ROE × b) ]

= (0.16807692307% × 0.8046511628) ÷ [ 1 - (0.16807692307% × 0.8046511628) ]

= 0.1563946140 or 15.64%

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WHAT STEP IN THE OPSEC PROCESS IS ANALYZING THREATS?
sukhopar [10]
Its the the second step, 

1. Identify critical information
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3. Analyze vulnerabilities
4. Assess risk
5. Apply OPSEC measures

7 0
3 years ago
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