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
12345 [234]
3 years ago
15

Many businesses today are abandoning the traditional business attire and allowing their employees to come to work in business ca

sual that typically does not include ties, cufflinks, or business suits. There has been a decrease in the sale of silk ties as a result of this cultural trend. A decrease in consumer demand for silk ties has led to a decrease in demand for silk because the demand for silk is ________.
1. Consumer
2. Dependent
3. Derived
4. fixed inelastic
Business
1 answer:
Reika [66]3 years ago
4 0

Answer:

2. Dependent

Explanation:

this scenario can be explain from the Law of economics on Demand and supplies, which states that " the higher the price the lower the quantity demanded and the lower the quantity supply and vice versa".

though, the bussiness action is not affected by price, but other factors of economic which is culture, but they can be used interwoven.

we can see from the law of demand is dependent on price.\

therefore, A decrease in consumer demand for silk ties has led to a decrease in demand for silk because the demand for silk is dependent on the consumer usage.

demand of goods is dependent on the price and also on the consumer usage.

You might be interested in
Which of the following is the best example of correlation not being the same as causation? A. A company redesigns a production p
Sauron [17]

Answer: D. During an economic downturn, a company changes its computer policy to only allow purchases of windows-based laptops and see profits go down. The company concludes that windows-based laptops cause profits to go down

Explanation:

In the other options, the new activity done by the company were definite causes of the effects that followed. A more efficient production process will cause gains in productivity. Coupons will bring in more sales and paying employees more will encourage them to engage in more sales.

Concluding that a computer type causes profits to go down however in a period where the economy as a whole is buying less, is simply correlation. In an economic downturn, people are buying less goods in general. The laptops will be no exception and it is not a reflection of people's preference or lack thereof of them.

7 0
3 years ago
Rachel jogs in the morning. her friend, who is jogging behind her, only has a 50 percent chance of calling out to her when she i
irinina [24]

in this scenario, Rachel's hearing threshold for detecting her friend's call is at a distance of 15 feet.The term hearing threshold denotes the sound level below which Rachel can not perceive and detect the sound. This value is different for each person and differ individually. It is used to determine a person's degree of hearing loss.

5 0
3 years ago
Read 2 more answers
PB1.
vlabodo [156]

Answer:

Contribution margin per unit = $85 per cubic yard

Contribution margin ratio = 56.67%

Explanation:

The computations are calculated below:

Contribution margin per unit = Selling price per cubic yard - variable cost  cubic yard

= $150 - $65

= $85 per cubic yard

Contribution margin ratio would be

= (Contribution margin per cubic yard) ÷ (Selling price per cubic yard) × 100

= ($85) ÷ ($150) × 100

= 56.67%

And, The statement of contribution margin income for the month of August is shown below:

Sales (240 cubic yards × $150)                          $36,000

Less: Variable cost (240 cubic yards × $65)    ($15,600)  

Contribution margin                                           $20,400

Less: Fixed expenses per month                     ($15,000)  

Net income                                                         $5,400

8 0
3 years ago
Explain the difference between a Trade discount and Cash discount?​
madam [21]
The key difference between trade discount and cash discount is that trade discount refers to the reduction in list price known as discount, allowed by a supplier to the consumer while selling the product generally in bulk quantities to concerned consumer, whereas, cash discount is discount given by the supplier on its cash payments to recover the cash debts on time as it motivates the buyer to pay cash early as they are given discount if they pay within the stipulated time.
5 0
2 years ago
Read 2 more answers
What is meant by cot plus pricing
KatRina [158]

Answer:

Its technically just a mark up on goods.

Explanation:

Cost plus pricing involves adding a markup to the cost of goods and services to arrive at a selling price.

3 0
3 years ago
Read 2 more answers
Other questions:
  • On March 15, American Eagle declares a quarterly cash dividend of $0.045 per share payable on April 13 to all stockholders of re
    5·1 answer
  • Mr. and Mrs. Yeager want to buy a home valued at $320,000. If they have 15% of this amount saved for a down payment, how much ha
    9·2 answers
  • For a normal good, an increase in consumer income will cause the market demand for the product to:
    7·1 answer
  • All of the following are concepts learned in English courses except O A. how to speak the language. B. literary criticism. C. gr
    12·1 answer
  • Chicago Investors, Inc. is interested in preserving a certified historic structure in downtown Chicago in 2019. The building wil
    10·1 answer
  • Suppose that initially a bank has excess reserves of $800 and the reserve ratio is 20%. Then Andy deposits $1,000 of cash into h
    5·1 answer
  • Suppose the stock of Host Hotels​ & Resorts is currently trading for per share. a. If Host issued a stock​ dividend, what wo
    8·1 answer
  • Need answer ASAP if in next 5mins I'll name first answer brainliest
    5·1 answer
  • Costs and benefits that should be ignored when making decisions are called ______ costs and benefits.
    7·1 answer
  • A firm has an inventory period of 94.2 days, an accounts payable period of 40.4 days, and an accounts receivable turnover rate o
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!