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3 years ago

How can business try to increase the demand for a product?.

1 answer:

7 0

Since you provide no options, a business can increase the demand for a product by :

- Lowering the price of the product
- Gathering market share by advertising the product to the public
- By increasing the quality of the product and gain recognition

hope this helps

You might be interested in

Deadweight loss is A. the reduction in consumer expenditure resulting from market failure. B. the reduction in economic surplus

never [62]

Answer:

The answer is: B) The reduction in economic surplus resulting from a market not being in competitive equilibrium.

Explanation:

Deadweight loss is an economic cost to society as a whole when market inefficiencies occur preventing it from reaching its equilibrium point. Market inefficiencies are caused by incorrect allocation of resources.

For example if a price ceiling is established, suppliers will tend to lower the quantity supplied while the quantity demanded either increases or stays the same. That economic deficiency resulting from an unsatisfied demand is what we call deadweight loss.

Other causes for deadweight loss are price floors (reduction of the quantity demanded) and taxation (shifts on the demand or supply curves).

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4 years ago

By examining relationships between items in the statement of cash flows, investors and creditors can do all of the following exc

d1i1m1o1n [39]

Answer:

determine cash investing and financing transactions made during the period.

Explanation:

When you analyze the statement of cash flows, you can determine and predict how will operating cash flows be in the future. E.g. a project is generating high amounts of cash, so you can predict that it will continue to do so for some time. But what you cannot predict or even compare is related to the financial and investing transactions that the company will make in the future. E.g. by analyzing a cash flow you cannot know if the company will decide to invest in other projects or will it decide to issue more stocks.

5 0

4 years ago

Macroeconomic analysis is concerned with: Group of answer choices government regulation of industry The structure of a market an

Zanzabum

Answer:

The answer is C.

Explanation:

Macroeconomics is the study of the economy as a whole, unlike microeconomics which is the study of the individual firms/markets.

Macroeconomics focuses on the standard of living, unemployment rate, inflation rate etc. and how this affects the whole economy.

Option A is wrong because it is the microeconomics and not macroeconomics that studies the market and the firm.

Option B and D are wrong because these are for microeconomics

8 0

3 years ago

When a firm experiences diseconomies of scale, Group of answer choices short-run average total cost is minimized. long-run avera

mote1985 [20]

Answer:

long-run average total cost decreases as output increases.

Explanation:

3 0

3 years ago

Tommy is able to depreciate the value of machinery as part of his income tax return. If he has a tractor valued at $50,000 that

Rom4ik [11]

Answer:$26,386.60

Explanation: According to the question above, Tommy is able to depreciate his tractor valued at $50,000 with depreciation rate of 12% per year.

Cost is $50,000

depreciation rate is 12% per annum

First year= 50,[email protected]% = 50,000-6000= 44,000

Second year = 44,[email protected]% = 44,000-5280=38,720

Third year = 38,720 @ 12% = 38,720 - 4646.40 = 34,073.60

Forth year = 34,073.60 @ 12% = 34,073.60-4088.83 =29,984.77

Fifth year= 29,984.77 @12%= 29984.77 - 3,598.17=26,386.60

The value of the Tractor in five years is $26,386.60

6 0

3 years ago