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Katyanochek1 [597]
2 years ago
11

P7j, a chain of discount stores across the united states, has many store brands including wire, a line of sports shoes. wire is

a popular brand among regular store customers and they vouch for its quality being as good as other top brands. facing competition from other shoe brands, p7j reduced the prices on wire products by 30 percent. while it sold an average of 800 units per day at a price of $30 per unit amounting to $24,000 before the discount, it sold 1,000 units per day amounting to $21,000 after the discount. which of the following is exemplified by this scenario?
Business
1 answer:
Hunter-Best [27]2 years ago
8 0
<span>A reduction in pricing does not necessarily increase overall revenue earned from a product.

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
</span>
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if are researchers is using data that are low in cost and save time which type of data is this likely to be?
olchik [2.2K]

Answer:

<h2>Secondary data</h2>

Explanation:

The data collected form the first hand sources by using interviews and surveys is called primary data. The secondary data is gathered from surveys and studies which have already been conducted by other people. Mostly researchers use secondary data in their project as the researcher doesn't have to spend time, energy and money in collecting them. They can devote their time to research instead of worrying about gathering data.

8 0
3 years ago
Encouraging users to click a like button is an example of which step in the social marketing process? fan acquisition brand stre
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3 years ago
Under the direct write-off method of accounting for uncollectible accounts Group of answer choices
Temka [501]

Answer:

b.a specific account receivable is decreased for the actual amount of bad debt at the time of write-off.

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The journal entry to record the bad debt expense using the write - off method is shown below:

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(Being the bad debt expense is recorded)

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3 years ago
Your repeat customers have made it clear that quality is more important than price. This reflects your target market's
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Value of what they buying....


7 0
2 years ago
Weir inc.'s perpetual preferred stock sells for $97.50 per share, and it pays an $8.50 annual dividend. if the company were to s
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3 0
3 years ago
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