<span>This means that there were customers that were wanting the Disney channel, but did not get it because it was too expensive. Once the price went down these customers bought the service. The cable company test showed that they should keep their prices for the Disney channel low to generate more revenue. Even if they only had one customer to begin with they would only be making $10.75, and when they lowed their prices they would be making at least $15.90.</span>
Albertson's grocery planned a big sale on apples and received 910 crates from the wholesale market. The bags of apples prepared is mathematically given as
x= 8 bags
This is further explained below.
<h3>How many bags of apples can be prepared?</h3>
Generally, A economy is a place where customers can meet to allow the flow of money transfer of goods and services. Markets can be physiological like a retail establishment, or virtual like an e-retailer.
In conclusion, If Albertsons has no loss to perishables, the bags of apples he can prepare are given mathematically as
x=910/110
x= 8.2 bags
x ≈ 8bags
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Answer:
in terms of how many units of the foreign currency can be converted into one unit of domestic currency.
Explanation:
Direct quotation of currency exchange refers to quoting how many units of domestic currency are needed to purchase one unit of a foreign currency, e.g. you need $0.77 US to purchase 1 Canadian dollar.
Indirect quotation of currency exchange refers to quoting how many units of a foreign currency are needed to purchase one unit of your domestic currency, e.g. you need 1.30 Canadian dollars to purchase $1 US.
The market price of paper Increases: Supply decreases.
<h3><u>
Explanation:</u></h3>
The price and the supply are directly related to each other. This means that when the price of the product increases the supply also increases and vice versa. In the given example, the market for economic textbooks is discussed. The textbook is paperbound.
This means that the supply and the price of the textbook highly depend on the paper price and its marketing conditions. When the market price of the papers increases, it will result in a decrease in the demand that exists for the paper. This ultimately causes the supply of the textbooks to decrease as the manufacturing of textbooks is highly related to the papers.
An organization's vision statement describes what the organization hopes to become in the future.