Answer:
If both demand and supply increase by the same amount, the output level will increase while price will remain same.
If increase in demand is greater than increase in price then price and output both will increase.
If increase in supply is greater than increase in demand, price will decline while output will increase.
Explanation:
The changes in the price and quantity of salsa depending on the degree of change in supply and demand. In case both the variables increase by the same proportion, the price will remain the same while quantity will increase.
In case the increase in demand is more than increase in supply it would cause the price to increase because of excess demand. At the same time, the quantity will increase as well.
In case the increase in supply is more than increase in demand, the price will fall due to excess supply. The output will increase as well.
Answer:
See below
Explanation:
Pyle Garage
Bank Reconciliation statement
March 31,
Unadjusted Bank balance
$14,107
March 31,
Add: Deposit in transit
$3,601
Less: Outstanding checks #1,469
($1,557)
Outstanding checks #1,470
($803)
True cash balance March 31, 2018
$15,348
Unadjusted Book balance, March 31
$13,036
Add: Credit memo for collection of
$3,110
Accounts receivables
Less: Error in recording check #1,468
[$890 - $165]
($725)
Debit memo for service charges
($73)
True cash balance March 31,
$15,348
B. Account titles
Cash Dr $3,110
Accounts receivables Cr. $3,110
Equipment Dr $725
Cash. Cr. $725
Bank service charge expense Dr $73
Cash. Cr. $73
Answer:
To maximize revenue based on current capacity, The Stadium Manager should set Premium Price for tickets.
Explanation:
If your aim is to maximize revenue based on the capacity of the stadium, Premium Price is your surest best.
Premium pricing is a type of pricing which involves establishing a price higher than your competitors to achieve a premium positioning.
You will attract the right kind of customers and when you set a premium price, you have raised the bar of expectation from your customers.
This will push the stadium to upgrade their customer service, their operations and delivery.
If this method is carried out properly by establishing club memberships and other marketing incentives, you will retain these premium customers and maximize revenue.
It’s actually VERY IMPORTANT! To me it seems like this person has got their whole life together. Most people who do this have to sacrifice something. This person doesn’t. They can spend time with family and be able to do your personal activities without having to sacrifice anything. It takes someone with strong willpower, consistency, and persistence to be able to do that.
Answer:
the exporter can maintain the prices and just expand his fashion line.
Explanation:
Since the euro is weakening to the dollar, it means he gets more profit than before so he could just enjoy the advantage and increase his fashion export line to other markets in the united states that he is not already present in.
i hope this helps.