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creativ13 [48]
3 years ago
5

Why are prices sticky? price changes are not easy to implement because?

Business
2 answers:
I am Lyosha [343]3 years ago
7 0

Prices of a product do not change immediately. When a product is introduced in a market, the price associated with it is generally accepted by the consumers and with the passage of time the prices become sticky. They cannot be changed readily.

Price changes are not easy to implement because consumers are not usually willing to pay higher prices for the same product. And if it is done so, then they will switch towards the substitute of that product. So the implementation of the changes in price is difficult.

lutik1710 [3]3 years ago
4 0
Sticky prices is a term used to describe the price of a good or service that is not easily impacted to a change in the economy and their conditions. They stay relative to the price of the item and are used in short-term supply. 
Prices can not easily change and implement within a market because you need to consider the economic changes/conditions and the consumer. How it will change things for the market and the consumer are not usually predictable until the price changes. Companies are also not able to judge how competition will fair when there is a change in price.
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If analytical procedures are performed with no indications of likely​ misstatements, ARIA will​ ________ and the sample size wil
sertanlavr [38]

Answer:

"C"

Explanation:

If analytical procedures are performed with no indications of likely​ misstatements, ARIA will​ <u>increase</u> and the sample size will​ <u>decrease</u>.

8 0
3 years ago
One problem with government operation of monopolies is that?
Nataly [62]

One problem with government operation of monopolies is that the government typically has little incentive to reduce costs.

<h3>What is a monopoly?</h3>

A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. The demand curve is downward sloping. A monopoly sets the price for its goods and services.

An example of a monopoly is a utility company

Here is the complete question:

One problem with government operation of monopolies is that a. a benevolent government is likely to be interested in generating profits for political gain. b. the government typically has little incentive to reduce costs. C. a government-regulated outcome will increase the profitability of the monopoly. d. monopolies typically have rising average costs.

To learn more about monopolies, please check: brainly.com/question/10441375

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6 0
1 year ago
If the Fed sells​ $2 million of bonds to the First National​ Bank, what happens to reserves and the monetary​ base?
Sindrei [870]

Answer:

Reserves fall by $2 million, and the monetary base falls by $2 million.

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In the books of First National​ Bank, the purchase of $2 million of bonds by First National​ Bank, from the Federal Reserve means there is a reserve with the Federal Reserve represented by security which stands as asset.

In the books of the Federal Reserve, The sales of bonds to First National​ Bank will create a liability from the reserve assets.

See attached for the T-accounts explain the answer    

Download docx
4 0
2 years ago
A corporation's board of directors are - the sole owners of the corporation. - control the day-to-day activities of the corporat
Alexeev081 [22]

Answer:

- control the day-to-day activities of the corporation.

Explanation:

The  board of directors are people chosen by the instiution, the owners of the institutions or the members of an institution to govern the institution and be responsible for the actions and directions that the organization takes, they could be owners, workers or externate associates to the institution and they control the day-to-day activities of the corporation.

3 0
2 years ago
Electronic résumés have an attractive, highly formatted appearance. T F​
MAXImum [283]

Answer:

False.

Explanation:

False.

8 0
2 years ago
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