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KatRina [158]
3 years ago
13

Explain why the demand for a particular brand of apple juice is elastic.

Business
1 answer:
aniked [119]3 years ago
6 0
Elastic demand that can also be called demand elasticity refers to how responsive the demand for this brand of apple juice is by change of prices and consumer income. if they sell out a higher amount of apple juice from customers than usual, then they’d probably sell it for a higher price.
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Marketing research indicates that almost 70 percent of all women drivers who have driven a Volkswagen Cabrio prefer it to any ot
hoa [83]

Answer:

Demographic

Explanation:

A market segment is a portion of a large market in which the individuals, groups or organizations share one or more characteristics that cause them to have relatively similar products needs.

A market segment consist of a group of customers that share a similar set of needs and wants.

Are four categories of segmentation:

-Geographic

-Psychographic

-Behavioral

-Demographic. The process of dividing a market through variables such as age, gender, education level, family size, occupation, income, and more. This is one of the most used strategies amongst marketers.

7 0
3 years ago
According to lewin's change model, the _____ stage involves providing employees with new information, new behavioral models, or
Sati [7]

<span>The answer to this question is unfreezing stage. Unfreezing stage is the stage of preparing the people to move and leaving the comfort zones. In this stage, in order for the unfreezing stage to become successful, the managers or leaders should command employees to embrace change end educate the people that change is needed to reach the company’s goal.</span>

3 0
3 years ago
A Japanese insurance company purchases U.S. government securities. From the perspective of the United States, the balance of tra
Helga [31]

Answer:

a. not change; improve

Explanation:

Balance of trade is the difference in value over a period of time between a country’s imports and exports of goods and services,  usually expressed in the unit of currency of a particular country (e.g., dollars for the United States, yen for the Japan).

Balance of payments record the receipts and payments of the residents of the country in their transactions with residents of other countries.

A Japanese insurance company purchases U.S. government securities. From the perspective of the United States, the balance of trade with Japan will not change and the balance of payments with Japan will improve.

7 0
3 years ago
Assume that at December 31, 2015, management determined that it will be unable to collect $1,200 owed to it by its customer Acme
garik1379 [7]

Answer:

account receivables 600 debit

    allowance for doubful account 600 credit

--to revert the write-off--

cash     600 debit

  account receivables 600 credit

--to record the payment from Acme Inc--

Explanation:

The company will revert the write-off of Acme. Inc account and then record a collection as usual

We use the allowance account as previously the company did as follows:

allowance for doubful account 1,200 debit

  account receivables                   1,200 credit

to write-off the account.

We reverse this by the amount paid by Acme which is 600

Then, we record receiving the cash (debit) and decreasing the account receivable (credit)

3 0
3 years ago
The senior accountant for Carlton Co., a public company with a complex capital structure, has just finished preparing Carlton's
Misha Larkins [42]

Answer: b. Carlton's income statement will have to be revised to include the earnings per share data

Explanation:

The options to the question are:

a. No changes will have to be made to Carlton's income statement. The income statement is complete without the earnings per share data.

b. Carlton's income statement will have to be revised to include the earnings per share data.

c. Carlton's income statement will only have to be revised to include the earnings per share data if Carlton's market capitalization is greater than $5,000,000.

d. Carlton's income statement will only have to be revised to include the earnings per share data if Carlton's net income for the past two years was greater than $5,000,000.

From the question, we are informed that the senior accountant for Carlton Co., a public company with a complex capital structure, has just finished preparing Carlton's income statement for the current fiscal year and that while reviewing the income statement, Carlton's finance director noticed that the earnings per share data has been omitted.

The changes that will have to be made to Carlton's income statement as a result of the omission of the earnings per share data is that Carlton's income statement will have to be revised to include the earnings per share data.

7 0
3 years ago
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