1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MrRa [10]
3 years ago
8

We know that DVD players have seen a signifcant fall in price over recent years. We also know that this fall in price have been

caused by significant decreases in the cost of producing DVD players. In terms of the supply and demand analysis this is explained by_________.
A. A shift to the left of the supply curve
B. A shift to the right of the supply curve
C. A movement along the supply curve to the left
D. A movement along the supply curve to the right
E. A shift to the right of the demand curve
Business
1 answer:
Eva8 [605]3 years ago
5 0

Answer:

E. A shift to the right of the demand curve

Explanation:

Demand curve can shift to the right if income of consumers increase or price of commodity falls generally. In this case the price fell due to lower production cost. The scenario is broad enough to cause demand to shift to the right.

You might be interested in
The first step in creating a budget is to identify your expenses. true or false.
sergij07 [2.7K]

The answer is True. Hope this helps


5 0
3 years ago
Read 2 more answers
Old Camp Company manufactures awnings for its own line of tents. The company is currently operating at capacity and has received
Helen [10]

Answer:

It is more convenient to continue the production in house.

Explanation:

Giving the following information:

The company is currently operating at capacity and has received an offer from one of its suppliers to make the 12,000 awnings it needs for $25 each. Old Camp’s costs to make the awning are $12 in direct materials and $7 in direct labor. Variable manufacturing overhead is 70 percent of direct labor. If Old Camp accepts the offer, $42,000 of fixed manufacturing overhead currently being charged to the awnings will have to be absorbed by other product lines.

Make in house:

Variable costs= 12 + 7 + (7*0.70)= $23.9

Total variable costs= 23.9*12000= 286,800

Buy= 25*12,000= $300,000

It is more convenient to continue the production in house.

3 0
3 years ago
Which concept is NOT basic to definition of economics?
olga2289 [7]

Answer:

No Consistir en el valor total de la producción corriente de bienes y servicios finales dentro del territorio nacional durante un período de tiempo que, generalmente, es un año .

Explanation:

Si no te sirve me dice

5 0
2 years ago
We are interest rate compounded annually beginning balance 1000 annual interest rate 8% what will your ending balance be after o
olasank [31]

Answer:

1080

Explanation:

Compound interest involves the reinvesting of interest.

The formula for compound interest is given by:

A=P(1+\frac{r}{n} )^{nt}

Where P is the principal (i.e the beginning balance),

r is the rate,

n is the number of times it is compounded,

t is the number of years

A is the ending balance.

Given that P = 1000, r = 8% = 0.08, t =1 years and it is compounded annually (i.e n = 1).

Substituting values into the formula and calculating gives:

A=P(1+\frac{r}{n} )^{nt}\\A=1000(1+\frac{0.08}{1} )^{1*1}\\A= 1000(1+0.08)=1000(1.08)\\A=1080

7 0
3 years ago
Consumers are buying _______________ goods when they switch between brands of convenience goods out of boredom or the desire to
suter [353]

Answer:

Variety-seeking.

Explanation:

Consumers are buying variety-seeking goods when they switch between brands of convenience goods out of boredom or the desire to change. Purchases may have been pre-planned in that consumers "knew" they were going to purchase a specific product or brand but changed their minds in-store, deciding to try something different. Variety-seeking behavior is depicted by the consumers when they have very low involvement with in the buying process and there are significant differences are also present among brands. Consumers do lot of brand switching here. Consumers switch brands only for the sake of trying something new rather than dissatisfaction with the brand.

7 0
3 years ago
Other questions:
  • True Blue Corporation provided the data set forth above from its activity-based costing system.
    11·1 answer
  • Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The
    14·1 answer
  • Novak Corp.had the following transactions during 2022: 1. Issued $205000 of par value common stock for cash. 2. Recorded and pai
    7·1 answer
  • Fugazi City College sold season tickets for the 2015 football season for $240,000. A total of 8 games will be played during Sept
    13·1 answer
  • How do supply and demand influence market price?
    13·1 answer
  • A city filed eminent domain proceedings in order to obtain 40 beach houses fronting a particularly attractive stretch of shoreli
    14·1 answer
  • In the short run, if average variable cost equals $50, average total cost equals $75, and output equals 100, the total fixed cos
    8·1 answer
  • Theory of production​
    7·1 answer
  • Which of these is a nonstore retailer?
    10·2 answers
  • Direct labor and overhead costs incurred to change raw materials into finished products are known as
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!