Answer:
The answer is C. decrease the number of skis sold
Explanation:
This satisfies the popular law of demand which states that other things being equal, the higher the price the lower the quantity demanded and vice-versa.
Ski lift is a normal good which also satisfies the law of demand. The elasticity of demand is elastic meaning 1% increase in price will lead to a significant decrease in quantity demanded.
If your parents are okay with you getting a debit card of some sort, try the Greenlight card! It’s a debit card where the parent(s) can load money onto the card on a scheduled basis, such as allowance, or they could load money whenever they want. Also, if you are making your own cash, here is what I do. I just pay my father the money that I have and he puts that onto my Greenlight card :)
Answer:
a. It uses multiple work-in-process accounts for manufacturing firms.
Explanation:
"Companies use process cost systems to apply cost to similar products that are mass-produced in a continuous fashion.
[...] companies track costs through a series of connected manufacturing processes or departments, rather than by individual jobs. Thus, companies use process cost systems when they produce a large volume of relatively homogeneous products"
Reference: Weygandt, J. J., Kimmel, P. D., & Kieso, D. E. (2009). Managerial accounting: tools for business decision making. John Wiley & Sons. pp 100-101
When a pharmaceutical company advertises that its product has a greater pain-relieving effect than Tylenol, it is using comparative advertising.
<h3>What do you mean by
comparative advertising?</h3>
A marketing tactic known as comparative advertising presents a company's product or service as being superior to that of a rival. The features of a company's products next to those of its rivals may be printed in a side-by-side comparison as part of a comparative advertising campaign.
Comparative advertising, also known as combative advertising, refers to a type of advertisement in which a certain product or service directly names a rival in order to demonstrate why the rival is inferior to the product naming it.
Learn more about Comparative advertising here
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Question Options:
A. Department store
B. Discount store
C. Specialty store
D. Off-price retail store
E. Online retail store
Answer: Josie owns a SPECIALTY STORE.
Explanation: A specialty store can be defined as a retail business that is involved in the sale of only a particular type of goods. Examples include; Furniture stores, florists, sporting goods stores, and bookstores.
