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
tensa zangetsu [6.8K]
3 years ago
5

A​ fast-food restaurant decides to raise the price of its hamburgers. assume the firm is in a monopolistically competitive indus

try. what will happen to the demand for its​ hamburgers? when the​ fast-food restaurant raises the price of​ hamburgers,
Business
1 answer:
Lena [83]3 years ago
3 0
<span>A​ fast-food restaurant decides to raise the price of its hamburgers. assume the firm is in a monopolistically competitive industry. what will happen to the demand for its​ hamburgers? When the​ fast-food restaurant raises the price of​ hamburgers, some customers may stay and pay the higher price because they want that specific brand of hamburgers, other may go elsewhere to find them cheaper. 

When prices raise, some customers stay because they are attached to that specific company, others leave because they want a burger but for a lower price. 
</span>
You might be interested in
Which of the following describes the activities that play an important role in connecting brands to consumers in the final phase
expeople1 [14]

The activity that play an important role in connecting brands to consumers in the final phases of the buying process is C. Retailing.

<h3>What is the role of retailing in the buying process?</h3>

Retailing refers to the set of activities that allow for  consumers to be able to access goods and services that were produced by different companies and brands. The process of retailing often comes in the final phases of the buying project as it involves the consumers who are the end stage of the buying process as they are the ones to consume the goods and services being sold.

Retailing is therefore hugely important because it connects the brands to the consumers that they serve . Without retailing, companies would make products and services and be unable to sell them to anyone as they would not have any connection to the final consumers .

Find out more on retailing at brainly.com/question/29357664

#SPJ1

8 0
1 year ago
Which of the following is not a category of electrical burns?
Musya8 [376]
D, thermal contact would just cause a regular burn, not an electrical one.
5 0
3 years ago
Read 2 more answers
What is the purpose of a Quality Rating and Improvement System (QRIS) in the child care?
larisa86 [58]

THE CORRECT ANSWER IS D!


7 0
3 years ago
Where is focus located in concave mirror?
gogolik [260]

Answer:

you are correct for this answer

4 0
2 years ago
What purpose do the three original documents that are required to receive a social security card and number serve?
avanturin [10]

You need to show multiple documents are used to verify your identity.

8 0
3 years ago
Other questions:
  • Part of the decision to accept additional business should be based on a comparison of the incremental (differential) costs of th
    10·1 answer
  • High and unexpected inflation has a greater cost. True or False
    15·1 answer
  • A​ single-price monopoly​ _______. A. experiences economies of scale over the relative portion of the LRAC curve B. is a price t
    15·2 answers
  • The intentional use of certain tactics to coerce, influence, or change others is known as ____.A. ManipulationB. SelectionC. Tra
    10·1 answer
  • When money is acting as a store of value, it allows an individual toA. exchange goods for other goods and services in the econom
    7·1 answer
  • In​ Keynes's analysis of the speculative demand for​ money, what will happen to money demand if people suddenly decide that the
    13·1 answer
  • Western Electric has 21,000 shares of common stock outstanding at a price per share of $61 and a rate of return of 15.6 percent.
    6·1 answer
  • A total materials variance is analyzed in terms of quantity and quality variances. tight and loose variances. price and quantity
    8·1 answer
  • Which are ways that the economy is affected when the unemployment rate goes up? Select all that apply.
    5·2 answers
  • Using the allowance method, is bad debt expense recognized in
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!