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
Kryger [21]
3 years ago
7

Assume that the market is originally in equilibrium. Now suppose that this product gains a sudden popularity among consumers. Ho

w will this sudden popularity affect the profit of an individual firm in this market in the short run?
Business
1 answer:
zubka84 [21]3 years ago
6 0

Answer:

The profit of an individual firm increases from zero to a positive value.

Explanation:

The market demand will increase (shift right) as a result of the product's newfound popularity. The market price will increase in the short run, and as a result, the firm’s economic profit will rise from 0 to a positive value in the short run.

You might be interested in
Major reasons for disclosure of deferred income tax information is (are)
Karolina [17]

Answer:

d. All of these answer choices are correct.

Explanation:

Is important to match the expenses with the revenues they are related. If for tax purposes we can deduct a full equipment value in one year. This means we are goung to pay higher income taxes in the future as we don't have the depreciation expense available for taxes porpuses.

The use of deferred incoem tax will be useful to knwo how much are the actual cash obligation and the expected value of the future cash obligations

6 0
3 years ago
A manufacturer of washing machines has expanded its plant and has created excess capacity, just as the general economy has taken
Lostsunrise [7]

Answer:

. b. offer rebates and incentives for customers who purchase washing machines.

Explanation:

Increasing the productive structure of a firm must be carefully planned. There needs to be demand and take into account the expectations of the economy. When a company increases its structure over an inadequate period, the strategy can be fatal, as firms typically go to great lengths to make investments. In the case described, the company now has an idle capacity, ie does not use all its productive infrastructure. This is compounded by the moment of narrated economic crisis. In this situation, the company is most likely to promote price incentives through discounts to stimulate demand for washing machines. Thus, the employer gets a breath to maintain its activities until the economy recovers and she can use all the installed capacity.

8 0
2 years ago
One way to make it easier to track your progress toward success is A. offer stock to the public. B. improve your product. C. to
jok3333 [9.3K]
The correct option is D.
To progress in life and to achieve one's desires one has to set short and long term achievable goals which will drive one toward one's desires.
The goals should be very specific and it must has a time frame, it must be an achievable goal whose achievement will drive you towards achieving a greater one.<span />
7 0
3 years ago
Read 2 more answers
Suppose a four-period weighted average is being used to forecast demand. Weights for the periods are as follows: w t-4 = 0.1, w
Bingel [31]

Answer:

Option (e) is correct.

Explanation:

Given that,

Weights for the periods:

w_t-4 = 0.1,

w_t-3 = 0.2,

w_t-2 = 0.3

w_t-1 = 0.4

Demand observed in the previous four periods:

A_t-4 = 380

A_t-3 = 410

A_t-2 = 390

A_t-1 = 400

Demand forecast for period t:

= (w_t-4 × A_t-4) + (w_t-3 × A_t-3) + (w_t-2 × A_t-2) + (w_t-1 × A_t-1)

= (0.1 × 380) + (0.2 × 410) + (0.3 × 390) + (0.4 × 400)

= 397

6 0
3 years ago
As the employees began to leave the meeting room, some were overheard grumbling that those at the top were just profiteers, that
MAXImum [283]
The answer is defensiveness. It is the category as the general tendency to control one’s expression of negative emotion and not all oneself to be influenced by these negative feelings. In addition, self-deception was associated with decreased physiological reactivity to a stressful task while defensiveness was associated with increased physiological reactivity. This difference among self-deception and other deception. 
4 0
3 years ago
Other questions:
  • List three causes of a favorable direct materials price variance. ​(Select three possible​ answers.)
    12·1 answer
  • Michele had been working as an executive assistant to the president for nearly 25 years, so when she retired, no one had a good
    15·1 answer
  • Suppose we have the following Treasury bill returns and inflation rates over an eight year period:Year Treasury Bills (%) Inflat
    13·1 answer
  • Which of the following is not a need-based source of financial aid
    8·2 answers
  • The balance sheet of Cattleman's Steakhouse shows assets of $86,000 and liabilities of $14,400. The fair value of the assets is
    11·1 answer
  • You are hired as a strategic analyst for a Fortune 500 company. Your first task is to develop a competitive intelligence report
    9·1 answer
  • 4-55 A firm expects to install smog control equipment on the exhaust of a gasoline engine. The local smog control district has a
    6·1 answer
  • The demographics of their target market are extremely important for companies to know in order to determine how they'll advertis
    13·1 answer
  • What type of entrepreneurial activity would you engage in?
    5·1 answer
  • I am bad as worst and worst as excellent​
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!