Answer: Higher price of bicycles
Explanation: Higher steel prices will lead to a rise in the input cost of the producers of bicycles. As a result of this, the supply for bicycles will decline shifting the supply curve upward to the left. With no information given about change in the demand for bicycles, the demand curve will not change.
The net effect will be an increase in the price of bicycles.
Answer:
Tax Services
Total wages were:
= hourly wage rate * total hours spent on returns for the month
For example, if the hourly wage rate is $50 and the total hours spent on the returns equal 560 hours, the total wages will be equal to $28,000 ($50 x 560).
Explanation:
The Tax Services' total wages will be equal to the hourly wage rate multiplied by the total hours spent on returns during the month. The total hours spent on the returns for the month is obtained by adding up the hours spent on all the returns. The total wages depend on the hours worked and the standard wage rate that has been established in the firm.
Answer:
(E). Marketing channel
Explanation:
<u>Marketing channel</u> or distribution channel consists of <u>people, firms, processes and activities through which goods are transferred from the manufacturers to the final consumers.</u>
An individual who owns several shoes must have gotten them through various marketing channels.
The answer to this question is bonds. Bonds are an
investment type where in investors’ gains a fixed-income over their
investments. Bonds are less risky because the return of investment is in a
fixed rate and this is less vulnerable to price swings in the stock market.
Answer:
D) sales would be low, profits non-existent, and he would attract golf equipment innovators.
Explanation:
Generally during the introductory stage of a product or service;
- the sales are usually low since not a lot of customers know or trust you product or service,
- due to low sales and high costs, profits are usually very small or non-existent,
- many times innovators are the first ones to try your product, specially in a very conservative market, like golf equipment and related products.
