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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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Ross White's machine shop uses 2,500 brackets during the course of a year, and this usage is relatively constant throughout the
soldier1979 [14.2K]
B

reason for my answer
3 0
3 years ago
Current information for the Healey Company follows: Beginning raw materials inventory $15,200 Raw material purchases 60,000 Endi
elena-14-01-66 [18.8K]

Answer:

125,800

Explanation:

FIRST we check how many materials were used in production

beg raw + purchases = ending raw + used in production

15,200 + 60,000 = 16,600 + used in production

used in production = 58,600

SECOND the cost added during the period for the three main cost components

Raw materials 58,600

DL 42,800

MOH 30,000

cost added during the period 131,400

LASTLY the COGM

Beg WIP + cost added = ending + COGM

22,400 + 131,400 = 28,000 + COGM

COGM = 153,800 - 28,000

COGM = 125,800

3 0
3 years ago
If a company reports profit margin of 33.1% and investment turnover of 1.20 for one of its investment centers, the return on inv
PolarNik [594]

If the investment turnover is  1.20 for one of its investment centers, the return on investment must be: 39.72%.

Using this formula

Return on investment = Profit margin ×Investment turnover

Where:

Profit margin=33.1% or 0.331

Investment turnover=1.20

Let plug in the formula

Return on investment = 0.331×1.20

Return on investment = 0.3972×100

Return on investment = 39.72%

Inconclusion If the investment turnover is  1.20 for one of its investment centers, the return on investment must be: 39.72%

Learn more about return on investment here: brainly.com/question/23823344

7 0
2 years ago
When the price of erasers increases from $1.50 to $2.50, the quantity demanded of pencils is unchanged. The cross-price elastici
xeze [42]

Answer:

Perfectly Inelastic

Explanation:

Demand can be defined as the total quantity of a commodity which a consumer is willing and able to buy at a particular time and price.

There are several types of elasticity of demand a perfectly elastic demand is one that quantity remains the same regardless of a change in price

3 0
3 years ago
What if this website was a dating and show yourself and butt app/website?
marta [7]
It’s not but that would be weird considering a lot of people on here are minors
5 0
3 years ago
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