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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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On October 1, 2014, Mann Company places a new asset into service. The cost of the asset is $80,000 with an estimated 5-year life
Lelu [443]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

On October 1, 2014, Mann Company places a new asset into service. The cost of the asset is $80,000 with an estimated 5-year life and $20,000 salvage value at the end of its useful life.

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= 60,000/5=12,000

3 months depreciation= 12,000/12*3= 3,000

3 0
3 years ago
Stephanie has a homeowners insurance policy for her $355,000 home with an annual premium of $0. 42 per $100 of value and a deduc
harkovskaia [24]

The annual premium that would result in Stephanie's annual out-of-pocket expense that is about the same as her current plan is <em>b. $0. 28 per $100 of value.</em>

Data and Calculations:

Home value = $355,000

Annual premium rate = $0.42 per $100

Deductible  $500

Total annual out-of-pocket expense = $1,991 ($355,000 x 0.0042 + $500)

New deductible = $1,000

New annual premium rate = $0.28

Total annual out-pocket expense based on the new premium rate = $1,994 ($355,000 x 0.0028 + $1,000)

Thus, the annual premium that would result in Stephanie's annual out-of-pocket expense that is about the same as her current plan is <em>Option b.</em>

Learn more: brainly.com/question/18618915

6 0
2 years ago
A worker was cleaning a skid-steer loader while another worker was repairing a forklift. The forklift was accidentally put into
mariarad [96]

There are many types of hazards in the workplace, but I think this one would be a physical hazard. Physical hazards involve unsafe working conditions such as slippery floors, noise, poor lighting, and the unsafe or misuse of machinery. It seems that the forklift being "accidentally" put into motion is a misuse of machinery.

7 0
3 years ago
Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month
Ad libitum [116K]

Answer:

75%

Explanation:

Given that,

Total Sales = $174,000

Total Variable expenses = $43,500

Total contribution margin = $130,500

Total fixed expenses = $86,175

Net operating income = $44,325

Overall contribution margin (CM) ratio for the company:

= (Total contribution margin ÷ Total sales) × 100

= ($130,500 ÷ $174,000) × 100

= 0.75 × 100

= 75%

5 0
3 years ago
Consider the market to the right. compared to the perfectly competitive outcome, what would be the change in surplus if instead
Sonbull [250]

If the market had one supplier that was a monopoly then there would be only one firm operating in the market, with no competition.

In a market, a monopolist tends to charge a price higher and produces fewer units than a competitive market structure. Because of such higher monopoly price, the area of consumer surplus tends to decrease.

The market power of a monopoly affects both consumer and producer surplus as a firm is able to earn positive economic profits, and as it is a monopoly, other firms are unable to enter their market and cannot lead to competition.

Hence, a firm is a monopoly if it can ignore other firms prices.

To learn more about monopoly here:

brainly.com/question/17001862

#SPJ4

8 0
1 year ago
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