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Sunny_sXe [5.5K]
3 years ago
6

In the market for blue shirts, if the price of green shirts falls,

Business
1 answer:
BlackZzzverrR [31]3 years ago
5 0

Answer:

the demand curve for blue shirts would shift

the blue shirt's demand curve

lower

lower

Explanation

Blue shirts and green shirts are substitute goods.

Substitute goods are goods that can be used in place of another good.

If the price of green shirts falls, green shirts become cheaper and the quantity demanded of green shirts increase.

As a result of the increase in demand for green shirts, the demand for blue shirts would fall. the would lead to a leftward shift of the demand curve. As a result equilibrium price and quantity would fall.

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Neko [114]

Answer:

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Explanation:

7 0
3 years ago
Would walmart be able to offer such low prices if they were a different type organization?
zheka24 [161]

No, Walmart won't be able to offer such low prices if they were a different type organization

Walmart might soon follow in the footsteps of Borders booksellers, Sam Goody's record stores, and other once-dominant retailers whose market share shrank and finally collapsed as online sales got steadily larger if it didn't keep its pricing low enough to compete with e-commerce behemoths like Amazon.

Walmart has kept operating costs down since its inception in the early 1960s by heeding the advice of its late founder and namesake Sam Walton. Even after becoming a multi-millionaire, Walton is infamous for still using an old pickup vehicle for transportation. by using low-cost travel choices for executives and by maintaining a simple in-store design.

To learn more about Walmart refer to:

brainly.com/question/16607243

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5 0
2 years ago
After an initial investment of $20,000, Joseph's bank account has earned $16,000 in interest over the last 10 years. At what rat
Daniel [21]

Answer:

what rate is he earning interest

Interest rate is 8%

Explanation:

I = C·i·t,

C Initial Investement

i Anul interest rate

t time

 

16000=20000*i*10

16000=200000*I

I=16000/200000

I=0,08

I=8%

6 0
3 years ago
Variance analysis is important to the management because:_____.
Alex_Xolod [135]

Answer:

D. All of the answers are correct.

Explanation:

Given that Variance Analysis is a form of measuring and controlling methods used by a business management team to maintain and monitor the firm's planned cost and sales with the eventual outcome of cost spent and sales generated.

To achieve this, the process helps in determining the disparity between the actual costs of budgeted costs.

It also helps them to know which department is more productive and

It also helps to discover where the problems or difficulties exist in the production process

Hence, in this case, the correct answer is option D, All of the above. Because the option A to C satisfies the answer.

8 0
3 years ago
The Environmental Protection Agency is considering an order that a 500-acre area on the outskirts of a large city be preserved i
Usimov [2.4K]

Answer:

The 500-acre area is scarce because it has alternative uses: preservation in its natural state or a site for homes. A choice must be made between these uses. The opportunity cost of preserving the land in its natural state is the forgone value of the land as a housing development. The opportunity cost of using the land as a housing development is the forgone value of preserving the land.

Explanation:

5 0
3 years ago
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