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Cerrena [4.2K]
3 years ago
10

Brad always buys and uses Nike brand golf balls. If he finds a Titleist or Callaway ball in the rough, he gives it away. Brand l

oyal golfers like Brad allow Nike to charge a higher price and not lose many sales. By building a strong brand, Nike has effectively
a. focused on the competitive parity point for its products.
b. reduced the price elasticity of demand for its products.
c. increased the income effect for its products.
d. increased the cross-price elasticity for its products.
e. shifted the golf ball market from a monopoly to pure competition.
Business
1 answer:
Vikentia [17]3 years ago
3 0

Answer:

B. reduced the price elasticity of demand for its products

Explanation:

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2. Politely ask him to consider your request even though you two are not very familiar with each other.

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Tiffany has $5000 of savings in her bank account. What would be different if she had that $5000 invented in stocks instead?
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3 years ago
aagen Inc. is a merchandising company. Last month the company's cost of goods sold was $92,000. The company's beginning merchand
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Answer:

the company purchase is $94,000

Explanation:

The computation of the total amount of the company merchanise purchase for the month is shown below:

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So, the purchase is

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4 0
3 years ago
You just sold 300 shares of stock at a price of $42.06 a share. You purchased the stock for $39.80 a share and have received tot
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Answer:

$678

Explanation:

Given that,

Number of shares sold = 300

Selling price of each share = $42.06

Cost of purchasing shares = $39.80 per share

Total dividend received = $1,272

We can easily determine the total capital gain on this investment by comparing the sales value and purchase value of this stock.

Total capital gain on this investment:

= Sales value - Purchase value

= (Number of units × Selling price per unit) - (Number of units × cost of purchasing per share)

= (300 × $42.06) - (300 × $39.80)

= $12,618 - $11,940

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3 0
3 years ago
The recent dividend payout by IBM was $3.00. IBM's dividends are expected to grow about 6.5% per year. If your required rate of
9966 [12]

Answer:

Answer for question :

The recent dividend payout by IBM was $3.00. IBM's dividends are expected to grow about 6.5% per year. If your required rate of return is 17%. What is the expected stock price two years from now. Round the answer to the nearest integer " is as explained below.

Explanation:

1. the expected stock price two years from now = 3 * 1.065^3/(0.17 - 0.065)  

the expected stock price two years from now = 34.51

2. FV = 0, N = 8, PMT = 288, rate = 4%

use PV funciton in Excel    

value at time 0 = 1939.03

3 0
3 years ago
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