The markup percentage tells you how much money a business makes off each sale. If Dani is selling products with a higher mark up, this means she makes more money off each dollar of sales. In this case, you would expect Dani's profit margins to increase due to the increased markup percentage.
Answer:
a. Supply increases, Supply curve shifts to the right
b. Demand decreases, Demand curve shifts to the left
c. Demand increases, Demand curve shifts to the right
d. Supply decreases, Supply curve shifts to the left
Explanation:
a. There have recently been some important cost-saving inventions in the technology for making paint- Supply will increase due to lower cost in production. Shifting the supply curve to the right. Price of paint will fall and quantity will increase.
b. Paint is lasting longer, so that property owners need not repaint as often- Demand for paint will fall due to its long lasting. This shifts the demand curve to the left decreasing the price and quantity of paints.
c. Because of severe hail storms, many people need to repaint now- Demand for paint will increase shifting the demand curve to the right increasing the price and quantity of paints.
d. The hail storms damaged several factories that make paint, forcing them to close down for several months- Supply of paint will decrease as factories close down. This will shift the supply curve to the left increasing the price of pain and decreasing the quantity of paint.
Answer:
Present Value= $1,772.115
Explanation:
Giving the following information:
You have won the $3 million first prize in the Centennial Lottery.
However, the prize will be awarded on your 100th birthday, 78 years from now. What is the present value of your windfall if the appropriate discount rate is 10 percent.
We need to use the following formula:
PV= FV/[(1+i)^n]
PV= present value
FV= final value
PV= 3000000/(1.10^78)= $1,772.115
Answer:
Nike as a brand is making the use of Marketing mix to communicate a objective of high quality sport brand.
Explanation:
- The aim of the marketing mix s the right combination of product, place, promotion, and price, etc. It is done so that the company can have an advantage over the competitors. It's a set of controllable and tactile marketing tools.
Answer:
the demand curve is a graphical representation depicting the relationship between a commodity different price levels and quantities which consumer and willing to buy it is derived from a demand schedule which is the stability of the price and quantity pure that comprise the
