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3 years ago

A common feature of skiing is waiting in lift lines.

Business

1 answer:

pychu [463]3 years ago

4 0

Answer:

The price should be increased to achieve a balance between supply and demand.

Explanation:

If visitors have to wait long for lift, this suggests that the demand is not matching the supply. In fact demand seems to be higher than supply which causes long wait for lift. An increase in price will cause the demand to fall and hence the supply will meet the demand and would result in less waiting for lifts.

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Richard likes to smoke tobacco from a pipe. However, he is very particular about which pipes he uses. He will only buy pipes mad

katovenus [111]

The type of consumer product that this represent is: Specialty product.

<h3>What is specialty product?</h3>

A specialty product is a consumer product that a person tend to buy or purchase because the product are specially made or because the buyer like the unique features of the product.

A consumer may choose to spend heavily on a product that are more expensive or tend to buy a particular products or brand because they like the product or because the product gives them what they want.

Inconclusion the type of consumer product that this represent is: Specialty product.

Learn more about specialty product here:brainly.com/question/7062667

8 0

2 years ago

All of the following are true statements about the economy of the middle colonies, EXCEPT:

gayaneshka [121]

The right answer for the question that is being asked and shown above is that: "d. Disease killed more people in the middle colonies because of its cooler climate, resulting in a labor shortage." All of the following are true statements about the economy of the middle colonies, EXCEPT Disease killed more people in the middle colonies because of its cooler climate, resulting in a labor shortage.<span>
</span>

8 0

3 years ago

explain how Adam Smith describes the market economy and role of consumers , producers , workers, savers ( investors) , and borro

astraxan [27]

Answer:

As described below.

Explanation:

As explained by Adam smith a market economy in his wealth of nations. Which is an interplay of the supply and demand, where the role of the customer's producers and the worker's investors and the borrows all follow the economic system and the market as an invisible hand, that comes from the producers and he consumers interact indirectly and directly

As the consumer and producers engage in commercial production thus the idea of a free-market took place. The government interferes with the services where unwanted shortages and the surplus tends to occur.

The free markets to regulate themselves by means of competition, among the workers and the borrowers.

8 0

2 years ago

Jon enjoys fishing (which costs $20) and golf (which costs $30). last month, jon fished four times and golfed twice. the last fi

Gennadij [26K]

He did maximize the utility <span>according to the utility maximization rule</span>.

6 0

3 years ago

Kaylis [27]

Answer:

Why did you choose to become a mechanic?: Practice your interviewing skills.

In what ways is my résumé lacking if I want to

find a position as a mechanic?: Get advice and information.

Can I contact you with any other questions

that I may have?: Build your professional network.

Explanation:

Plato

4 0

2 years ago