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stepladder [879]
3 years ago
5

In placing a tire order with Goodyear, River City Industrial Supply finds that the truck tires it is ordering have increased $37

.50 in price since the last order. River City proceeds with the order, confident that it can pass on the price increase to future customers. This is an example of business products having ____ demand.
Business
2 answers:
andre [41]3 years ago
8 0

Answer:

Inelastic

Explanation:

Inelastic demand is when the buyer's demand does not change as much as the price changes. When price increases by 20% and demand decreases by only 1%, demand is said to be inelastic.

Inelastic demand in economics is when people buy about the same amount, whether the price drops or rises. This situation happens with things that people must have, like gasoline and food. Drivers must purchase the same amount even when the price increases.

pochemuha3 years ago
4 0

Answer:

The correct answer is b. inelastic .

Explanation:

Considering that inelastic demand occurs when substitute products do not exist or are not available, River City is forced to take the order beyond evidencing a high value compared to other previous purchases. The main behavior to the final consumer is also changing considering that the profitability margin that River City must handle in any way any variation in the prices of its tire supplier.

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You are a newspaper publisher. You are in the middle of a one-year rental contract for your factory that requires you to pay $50
Anettt [7]

Answer and Explanation:

The computation is shown below:

Fixed cost is

= $500,000 + $1,000,000

= $1,500,000

And, the marginal cost is

= $0.25 + $0.10

= $0.35 per paer

Now

as we know that

AFC = FC ÷ Q

Now for At 1,000,000 papers,

AFC is

= 1,500,000 ÷ 1,000,000

= $1.50/mo

At 800,000 , it would be

AFC = 1,500,000 ÷ 800,000

= $1.875/mo

MC = $0.35 per paper  and the same is not changed

Now for break even, the average total cost is

ATC = AFC + AVC

ATC = FC ÷ Q + VC ÷ Q

VC = MC × Q

ATC = FC ÷ Q + MC

ATC = FC ÷ Q + 0.35

At Q = 1,000,000,

ATC = 1.50 + 0.35

ATC = $1.85

At Q = 800,000 , it would be

ATC = 1.875 + 0.35

=  $2.225

As it can be seen that

The AFC changes from 1.50 to 1.875 which shows an increment of 0.375.

The MC remains constant or same  at 0.35 as the printing and delivery costs per paper are remain same

And, The minimum amount that we must charge to break even rises i.e. from 1.85 to 2.225. That is a rise of 0.375

6 0
4 years ago
Losing a customer once means losing the entire stream of possible purchases that the customer would make over an extended period
sdas [7]

Answer: (D) Customer lifetime value  

Explanation:

 The customer lifetime value is the term, which refers to the overall profit  of an organization and this type of method also helps in estimating the customer monetary in the business.

The customer lifetime value is basically using the predictive analytical method for analyzing the relationship with the consumers.

The customer lifetime value is refers to the metric of net profit in an organization and it also helps in making various types of decision in an organization in terms of development, marketing and the customer support.

 Therefore, Option (D) is correct answer.

5 0
3 years ago
Which of the following techniques is used by the nielsen company to measure ratings? A- set meters, B- Tentpoling, C- Syndicatio
liq [111]

Answer:

A. Set meters is the correct answer.

Explanation:

4 0
3 years ago
BuyCostumes.com is the fastest growing Internet apparel company. Since their founding in 1999 they have experienced the challeng
spin [16.1K]

Answer:

1. The correct answer is option (G) Company history, industry trends, economic forecast.

(2) The correct answer is option (B) Pop culture trends

Explanation:

Forecasting sales is an important strategy to any business organisation. It opens them up to opportunities in the market. Forecasting is done in order to increase sales  of company's products ans also to develop a business. During forecasting, the history of the company is very important since it makes customers to be easily convince.

6 0
3 years ago
Indicate which activities of Stockton Corporation violated the rights of a stockholder who owned one share of common stock
uysha [10]

Stockton Corporation violated the rights of a stockholder who owned one share of common stock by paying the stockholder a smaller dividend per share than another common stockholder or rejecting the stockholder's sale of stock on an organized exchange and the stockholder's request to vote via proxy because she was home sick.

<h3>What are the reasons for violation?</h3>

A shareholder is a person who purchases shares in a firm that is publicly traded. They are known as owners and are qualified to receive dividends. Dividends represent a percentage of income.

Dividends paid to common shareholders are equal for all.

Greater preference is given to preferred shareholders than to regular stockholders.

To learn more about this Stockton problem visit:

brainly.com/question/22950605

#SPJ4

5 0
1 year ago
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