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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.

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[based on the results of the simulation, can policy market interventions cause a change in consumer or producer surplus? explain
WITCHER [35]

When the intervention rises the price stage of goods, then the incentive to supply extra desires increases and consequently growing manufacturers' surplus. So policy market can motivate both client and producer surplus.

A tax causes consumer surplus and producer surplus (earnings) to fall.. some of those losses are captured inside the tax, however, there may be a loss captured with the aid of no celebration—the value of the devices that could be exchanged had been there no tax. those lost gains from trade are called deadweight losses.

For each monetary transaction, there can be both producer surplus (or profit) and client surplus. The mixture–or blended–a surplus is called the economic surplus.

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6 0
1 year ago
When manufacturers such as pampered chef sell directly to consumers, they perform both production and retailing activities?
jekas [21]
That statements is true

Manufacturer is a type of business that transform raw materials into a sellable goods, so technically they can be considered as a producer in the market.
Retailers is someone that sell the goods that produced by the manufacturers to the consumers.

So, in this case, they did perform both production and retailing activities
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3 years ago
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poizon [28]

Answer:

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Explanation:

In the first statement, a deliberate action is shown that consists of the capitalization of the entity, that is, the equity is accumulated in order to distribute it among the shareholders and leave a part to support the company. In the second statement, it means that the positive results of the company will not be seen in the long term due to management's dispositions to execute a policy to capitalize the entity and improve its cash flow by reinvesting the perceived resources.

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