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Artemon [7]
3 years ago
9

Because consumers are generally more sensitive to price increases than to price decreases, it is easier to lose current customer

s with a price increase than it is to gain new customers with a price decrease. True or false?
Business
1 answer:
zhannawk [14.2K]3 years ago
7 0

Answer:

True

Explanation:

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An 85-year old risk averse investor is not happy about the minimal return she is earning on her current investments. She is stre
Ilia_Sergeevich [38]

Answer:

B. Reduce the Money Market Fund allocation by 30% (to 10%) and put the released funds in AAA-rated corporate bonds

Explanation:

First of all, since the investor is risk averse and cannot afford to lose money on any risky investment, she should change the mix of her investment portfolio but without increasing risks. Corporate bonds that are AAA-rated carry a very low risk and pay a little higher than money market funds. So a small decrease in money market fund assets and an increase in AAA-rated bonds should yield a slightly higher return.

Investing in equities would be too risky and US Treasuries pay even less interests than money market funds.

6 0
3 years ago
Carol is interested in field engineering. What tasks would she have to perform as a field engineer?
Over [174]

Answer:

Field engineer duties usually include inspecting and installing equipment and new technologies, directing crews or workers on site, conducting research, and reporting on project status. Field engineers will make sure that everything works smoothly and engineering designs are being followed.

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3 0
3 years ago
Critically discuss if government interventions to alleviate poverty are sustainable over a long period of time
Nostrana [21]

I don’t believe that government interventions are sustainable over a long time.<span>
<span>Government interventions such as social welfares are in reality good policies to aid deprived people sustain themselves for a short period of time. Howeveri in order to entirely eradicate their poverty, they have to ultimately get a decent job to maintain their own living, otherwise, the Government just keep on spending and increases national debt over time.</span></span>

7 0
3 years ago
A trial balance consists of:Multiple ChoiceA two-column financial statement intended for distribution to interested parties outs
icang [17]

Answer:

A two-column schedule listing names and balances of all ledger accounts.

Explanation:

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors.

Generally, financial statements are the formally written records of the business and financial activities of a business entity or organization.

There are four (4) main types of financial statements and these are;

1. Balance sheet: it contains financial information about assets, liability, and equity.

2. Cash flow statement: it contains financial information about operating, financial and investing activities.

3. Income statement: it contains financial information about the income and expenses of an organization.

4. Statement of changes in equity: it contains financial information about profits or loss, dividends, etc.

A trial balance consists of a two-column schedule listing names and balances of all ledger accounts.

5 0
2 years ago
Honda Motor Company is considering offering a $ 1 comma 800 rebate on its​ minivan, lowering the​ vehicle's price from $ 30 comm
finlep [7]

Answer:

Taking into consideration only the income, the increase in unit sales will not increase the income of Honda. It can impact in other ways, like a decrease in inventory.

Explanation:

Giving the following information:

Honda Motor Company is considering offering an $1800 rebate on its​ minivan

New price $30200

Old price $28400.

The marketing group estimates that this rebate will increase sales over the next year from 42000 to 53900 vehicles.

Honda's profit margin with the rebate is $5650 per vehicle.

Normal price:

Income= (5650+1800)*42000= $312,900,000

New price:

Income= 5650* 53900= $304,535,000

Taking into consideration only the income, the increase in unit sales will not increase the income of Honda. It can impact in other ways, like a decrease in inventory.

6 0
3 years ago
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