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Gnesinka [82]
3 years ago
15

Which of the following would you expect to decrease the demand for tennis racquets?

Business
1 answer:
VladimirAG [237]3 years ago
3 0

Answer:

C) An increase in the price of tennis racquets

Explanation:

If tennis racquets become more expensive, the demand for them will decline, and people will try to supply this need with substitutes, for example, lacrosse raquets. The reason for this is that the classical supply and demand model tells us that demand and price are inversely correlated: if the price goes up, demand goes down, and viceversa.

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For purposes of decision making, avoidable costs are costs that:
Alisiya [41]
<span>Avoidable cost refers to variable costs that can be avoided. It is a cost that can be foregone by not partaking in or no longer performing an activity that will lead to incurring said cost.For example, a business organization looking for methods to reduce or eliminate expenses often analyze the avoidable costs associated with the project.</span>
6 0
3 years ago
Arrange the types of investments in the correct order from the least risky to the most risky investment.
sammy [17]
There are many types of investments. Some of them the given types of investment in the list.
A. Property are ownership investments. They are Real estate investments ( houses, apartment buildings, townhouses, and vacation houses. )
<span>They are the most volatile and profitable class of investment.
B. Bonds are lending investments. when </span>an investor effectively is loaning money to a company or agency (the issuer) in exchange for periodic interest payments plus the return of the bond’s face amount when the bond matures.
C. Staring a business - this is not an investment, but a whole process that needs investments to be realized.
D. Mutual funds are investment <span>funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets.</span>
The order from the least risky to the most risky investment is:
B. Bonds
D. Mutual funds
A. Property
C. Starting a business



8 0
4 years ago
Read 2 more answers
Managers are constantly seeking out new tools to meet new challenges. Indicate whether today’s manager’s are more or less aware
Galina-37 [17]

Answer:

Customer relationship management system​ (CRM)

Explanation:

A <em>CRM </em>system is what keeps the customer coming back. Instead of targeting each customer with a default bundle of products that are trending, the customer relationship management system tracks down the customer's habits and preferences, creating a tailor-made approach. Every customer is different in things he/she wants to buy. This way, marketing gets more customized and customer statistics generates better reports (more insight for the long-term).

7 0
3 years ago
A product is defined as a business product rather than a consumer product on the basis of its _____.​
Phoenix [80]

Answer:

intended use

Explanation:

Products that are in their final form and are ready to be purchased and consumed by individuals or households for their personal satisfaction are classified as consumer products. On the other hand, if they are bought by a business for its own use, they are considered business products.

6 0
3 years ago
Sargent Corporation bought equipment on January 1, 2021. The equipment cost $360,000 and had an expected salvage value of $60,00
Fiesta28 [93]

Answer:

c. $50,000.

Explanation:

Depreciation: The depreciation is a non-cash expense that shows a reduction in the value of the fixed assets due to tear and wear, obsolesce, usage, time period, etc. It is shown on the debit side of the income statement.

The computation of the depreciation expense under the straight line method is shown below:

= (Original cost - expected salvage value) ÷ (estimated life of the equipment)

= ($360,000 - $60,000) ÷ (6 years)

= ($300,000) ÷ (6 years)  

= $50,000

In this method, the depreciation is same for all the remaining useful life

5 0
4 years ago
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