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3 years ago

Which demand situation occurs when a competitor offers a similar product or service at a lower price?

Business

1 answer:

Naya [18.7K]3 years ago

3 0

Answer:

Falling demand

Explanation:

Falling demand refers to a situation where the sales volume of a good or service is on a continuous decline compared to the previous seasons. Consumers are no longer finding that particular product or service appealing to buy. Falling or declining is also referred to as faltering demand.

The introduction of a similar product by competitors at a lower price may lead to a decline in demand for the existing goods. Customers will prefer the new cheaper product. As a result, the more expensive and old product will experience falling demand.

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Whats the difference between stock and stockholder?

Charra [1.4K]

To delve into the underlying meaning of the terms, "stockholder" technically means the holder of stock, which can be construed as inventory, rather than shares. Conversely, "shareholder" means the holder of a share, which can only mean an equity share in a business. Thus, if you want to be picky, "shareholder" may be the more technically accurate term, since it only refers to company ownership.

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3 years ago

Steve Jack and Chelsy Stevens formed a partnership, dividing income as follows: Annual salary allowance to Stevens of $176,130.

denpristay [2]

Answer:

$45,440.00

Explanation:

Jack's interest on capital =5%*$90,000=$4,500.00

Stevens' interest on capital =5%*$111,000=$ 5,550.00

Net income left to be shared in ratio 1:2 is the net income of $309,000 minus the total interest on capital of $10,050 i.e $4,500+$5,550 and salaries to Stevens

Net income left for sharing=$309,000-$10,050-$176,130=$ 122,820.00

Jack's share of profit=1/3*$ 122,820.00 =$ 40,940.00

Stevens' share of profits=2/3*$122,820.00 =$ 81,880.00

Amount distributed to Jack=$4,500+$ 40,940=$45,440.00

6 0

3 years ago

The Sisyphean Company is considering a new project that will have an annual depreciation expense of $3.6 million. If Sisyphean's

castortr0y [4]

Answer:

$1,260,000

Explanation:

Given that,

Annual depreciation expense = $3.6 million

Marginal corporate tax rate = 35%

Average corporate tax rate = 30%

The reason to use marginal tax shield is that the firm would save additional amount it would have paid in taxes.

Value of the depreciation tax shield:

= Marginal corporate tax rate × Annual depreciation expense

= 35% × $3,600,000

= $1,260,000

Therefore, the value of the depreciation tax shield on the company's new project is $1,260,000.

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3 years ago

When boating at night, what does a single white light on a boat tell you?

aniked [119]

The white light shows the location of the boat and is required on all motor powered boats
Red and green tell what direction the boat is facing

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3 years ago

Read 2 more answers

From the above schedule of activity costs, determine the internal failure costs.

irina1246 [14]

I think so this is your holiday homework and teachers are thinking that you are doing your self

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3 years ago