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oksano4ka [1.4K]
3 years ago
9

How does the law of supply and demand operate?

Business
1 answer:
Orlov [11]3 years ago
8 0
When supplies of goods and service are plentiful, the prices usually drop but when they are scarce, prices start rising.
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Matt's retail store offers all products at $2 less than its competitors. The store never runs promotional campaigns or offers sp
olya-2409 [2.1K]

Answer:

5) everyday low

Explanation:

An everyday low pricing policy (or strategy) refers to simply selling your products at a cheaper price than your competitors.

For example, bargain stores usually sell their products at a lower cost than the competition, Walmart, Target and Kmart are supposed to be bargain or discount stores. Another common type of retail store that uses this pricing strategy are outlet stores, specially clothing outlet stores.

8 0
3 years ago
AlwaysRain Irrigation, Inc., would place for making bronze and plastic sprinklers. Three types of sprinklers are available in bo
Alex777 [14]

Answer:

The requirement for the next four years higher than the current available capacity.

Explanation:

AlwaysRain Irrigation, Inc., has 3 bronze machines and one injection molding. The bronze machine total available capacity is 60,000 / year which is calculated by 20,000 sprinkles * 3 machines.

For molding machine the available capacity for the year is 320,000 sprinkles per year.

The capacity requirement for next four years will be greater for bronze and the company needs to consider buying more machines.

8 0
3 years ago
Recent U.S. Supreme Court decisions solidified the idea that the ADEA is designed specifically to protect older workers from dis
Lyrx [107]

Answer:

True

Explanation:

There are several Supreme Court Rulings regarding the ADEA during the past two decades, most of them concerning technical issues, but  the most straightforward ruling regarding the question is:

General Dynamics Land Systems, Inc. v. Cline, 540 U.S. 581 (2004)

The Supreme Court ruled that the purpose of the ADEA is to prevent discrimination against older workers in benefit of younger workers, but it does not prevent discrimination against younger workers in benefit of older workers.

7 0
3 years ago
You are considering the purchase of a certain stock. You expect to own the stock for the next four years. The current market pri
murzikaleks [220]

Answer:

The answer is: The expected rate of return from this investment is 26.68%

Explanation:

We are given the following cash flows for this operation:

  • Initial investment = -$24.50
  • Cash flow 1 = $1.25 (dividend year 1)
  • Cash flow 2 = $1.35 (dividend year 2)
  • Cash flow 3 = $1.45 (dividend year 3)
  • Cash flow 4 = $56.55 ($1.55 dividend year 4 + $55 stock's sales price)

Using an excel spreadsheet and the IRR function:

=IRR(value 1: value 5) =26.68%  

where

  • value 1 = -24.50
  • value 2 = 1.25
  • value 3 = 1.35
  • value 4 = 1.45
  • value 5 = 56.55

7 0
3 years ago
1. A useful characteristic of money is that money
Virty [35]

Answer:

O A. allows us to compare the values of goods and services.

Explanation:

Money has three primary functions which include a medium of exchange, unit of account,  and store of value.

As a unit of account, money is used to give value to other assets. In other words, money provides a medium through which assets and products are valued.  Money is divisible into smaller units which makes its application in valuation easy.

The value of goods and services is expressed in monetary terms.  Buyers and seller, therefore, can determine how much is needed to transact.

5 0
3 years ago
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