1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anastasy [175]
3 years ago
11

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.

You might be interested in
Which of the following examples is the best demonstration of a qualification profile?​
Ksju [112]

The correct answer is C. Highly motivated IT, college graduate, with software design internship. Experience with Java, XML, and HTML. Logical and systematic problem-solver; capable of independently troubleshooting and performing complex coding tasks.

Explanation:

Qualification profiles should mention the qualifications of a candidate for a specific job or position. This includes information about the education, skills, and even experiences of the individual. Moreover, a qualification profile should be brief and should be written using the third person.

All of these requirements are met only in option C because this includes information about education "IT college graduate", experience "experience with Java, XML..." and relevant skills for this job "problem-solver, capable of independently troubleshooting...". Also, this is brief but still includes more information about qualifications than other options. Finally, this is written using the third person as the author avoids the use of words such as "I".

6 0
3 years ago
Read 2 more answers
Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of busin
lutik1710 [3]

Answer:

c.$209,160

Explanation:

Given that the cash received from each sale will be collected over 2 months. If 30% of mechanize is to be sold for cash, then 70% will be sold on account. Further more, 80% of the credit/sale on account will be collected in the month of sale and 20% in the following month.

Hence for October, cash collection will include 20% of credit sale from September and 80% of the credit sale in the month.

Given that sales in September is $250,000

Amount expected to sold on account

= $250,000 - (30% × $250,000)

= $175,000

Amount expected to be collected from this sale in October

= 20% × $175,000

= $35,000

Amount of credit sale in October

= $311,000 - (30% × $311,000)

= $217,700

Amount of this credit sale to be collected  in October

= 80% × $217,700

= $174,160

Total collected from accounts receivable in October

= $174,160 + $35,000

= $209,160

6 0
3 years ago
When receiving food, you can refuse to accept when if
aliya0001 [1]

Answer:

When receiving food, you can refuse to accept when if it has a foul odor

Explanation:

Such foul odor makes such food to be rejected because of the health implication as well as it does not equate to the money paid for such services rendered.

5 0
3 years ago
Innovations imagine is a new york-based business that specializes in creating new products for the market place. as the company
Citrus2011 [14]

The important consideration for this company is that they should think or have at least the idea of the patents, trade secrets and copyrights are being treated differently by the countries in which is one way of helping them of how they should struggle or do their way of doing things.

3 0
3 years ago
) Service variability means that ________. A) the evaluation of services is subjective and changes from customer to customer B)
gavmur [86]

Answer: B

Explanation: Service Variability as I learned it is defined as how the service of quality changes depending on how the service is given to you. For example two different lawn mowing comapnies.

4 0
3 years ago
Read 2 more answers
Other questions:
  • Maggie Moylan Motorcycle Corp. uses kanbans to support its transmission assembly line. Determine the size of the kanban for the
    9·1 answer
  • Cynthia was charged $300 for specialist office visit her and indemnity policy will pay $125; what amount will she have to pay?
    10·1 answer
  • Use the net FUTA tax rate of 0.6% on the first $7,000 of taxable wages. Michael Mirer worked for Dawson Company for six months t
    5·1 answer
  • Assume that the risk-free rate of interest is 3% and the expected rate of return on the market is 15%. A share of stock sells fo
    7·1 answer
  • 2. Someone looking to buy a franchise needs to consider the brand's failure rate. For
    6·1 answer
  • Grand Garden is a luxury hotel with 165 suites. Its regular suite rate is $210 per night per suite. The hotel’s cost per night i
    9·1 answer
  • Hollister Company amended its defined benefit pension plan at the beginning of 2020 and recognized prior service cost of $1,700,
    13·1 answer
  • What is another term for liability?<br> A. asset<br> B. notes<br> C. debt<br> D. accounts
    6·1 answer
  • A photocopier cost $105,000 when new and has accumulated depreciation of $96,000. if the business discards this plant asset, the
    13·1 answer
  • In November, two months before year-end, the bookkeeper erroneously recorded the receipt of a one year bank loan with a debit to
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!