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Cerrena [4.2K]
2 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]2 years ago
3 0

Answer:

B. reduced the price elasticity of demand for its products

Explanation:

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Lisa Hajak, CFA, specialized in research on real estate companies at Cornerstone Country Bank for the past twenty years. Hajak r
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Answer:

solicited the bank’s client.

Explanation:

In order for Lisa to have committed solicitation and violated Standard VI(a), she must have actively searched for the bank's former client. The text states that a former client of the bank hired her, but it gives no indication that Lisa went after him. Also, Lisa is no longer working for the bank, if any of the bank's clients looks for her, she isn't doing anything wrong.

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2 years ago
Which factor determines who a society will produce goods and services for?
Firdavs [7]
Capitalism, Communism, and Socialism
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Suppose that the total revenue received by a company selling basketballs is $600 when the price is set at $30 per basketball and
drek231 [11]

Answer: Demand is Unit - Elastic over this price range.

Explanation:

When total revenue remains the same over various price level then the demand curve is unitary elastic.

Unit-Elastic demand - It depicts a demand curve which is perfectly responsiveness to changes in cost. That is, the amount of demand changes as indicated by a similar percentage changes in prices.

A demand curve with an elasticity of 1 is called as unitary elasticity of demand.

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3 years ago
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As the attrition loss in a process increases, what happens to the yield?
sp2606 [1]

Answer:

The yield decreases

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6 0
2 years ago
Suppose that in a certain community, 40% of the residents would answer "yes" to the question, "do you know the names of at least
juin [17]

Answer:

The proportion of people in your sample whose response is yes=40 people

Explanation:

<em>Step 1: Determine the statistical proportion that will say yes</em>

Proportion=40%=40/100=0.4

<em>Step 2: Determine the proportion in the sample that will say yes</em>

The proportion in the sample can be expressed as;

P=S×Z

where;

P=proportion in the sample

S=statistical proportion

Z=sample size

In our case;

P=unknown to be determined

S=40%=40/100=0.4

Z=100

replacing;

Proportion in the sample=0.4×100=40

The proportion of people in your sample whose response is yes=40 people

7 0
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