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
skelet666 [1.2K]
2 years ago
5

The economists at JET Consulting consider Campbell’s Soup to be an inferior good. During a recession, when the income in the eco

nomy is decreasing, economists at JET Consulting would expect the demand curve for Campbell’s Soup to ________, causing the equilibrium price to ________ and the equilibrium quantity to ________.
Business
1 answer:
Ksenya-84 [330]2 years ago
3 0

Answer:

Shift to right

increase

increase.

Explanation:

Demand curve:- It is a representation of number of units of a service will be bought at which price. It is a graph or plot between price and quantity.price on y-axis and quantity on x-axis.

To bring the equilibrium the the demand curve is needed to shift to right to increase the equilibrium of the price and quantity.

You might be interested in
Despite your numerous emails and voicemail messages, a normally dependable vendor has not responded to your important question.
Bogdan [553]

Answer:

A) Consider sending a printed message.

Explanation:

According to the scenario, the most sensible step to get an important response from a supplier after the supplier has not responded would be to send a printed message.

This option would be ideal among the other alternatives above, as it demonstrates that you understand that the supplier may not have seen or been aware of your question, even if numerous e-mails have already been sent, and still awaits an answer , in accordance with professional and ethical communication standards.

8 0
2 years ago
A car dealer advertises a rock-bottom price for a sports utility vehicle that usually goes for $1,000 or more. When you get to t
maria [59]

Answer:

b. bait pricing

Explanation:

Bait pricing strategy is one that is aimed at attracting customers by presenting a price that is lower than the actual value of a product. Usually the product is limited in quantity and when buyers come in they are convinced to buy something else.

This is considered an illegal means of marketing.

I'm the given instance when the customer got to the dealership the salesperson can't find that particular car on the lot, saying maybe it was sold this morning before he got in. The salesperson offers a higher-priced car.

This is bait pricing strategy.

3 0
3 years ago
1) A small firm employs nine workers. The wages it pays to these workers are $200, $220, $280, $300, $310, 320, $330, $350 and $
Stolb23 [73]

solution :

sum of dollar =200+220+280+300+310+320+330+

350+390

Now,

average =<u>total </u><u>sum</u><u> </u><u>of</u><u> </u><u>all</u><u> </u><u>dollar </u>

total sum of worker

=<u>2</u><u>3</u><u>7</u><u>0</u>

9

=263.333#

5 0
2 years ago
pJimmy is a client of yours and he has some holdings in U.S. T-Bonds. Over the past year, he received $500 in interest from thes
Firdavs [7]

Answer:

Jimmy must pay federal income taxes for the $500 earned in dividends during last year = $500 x 28% = $140

Since interest earned on federal securities are not taxed by state or local governments, there is no state tax liability.

Jimmy's total taxes due from dividends earned = $140

5 0
2 years ago
What does contingent mean on a real estate listing
agasfer [191]

Answer:

Contingent means "depending on certain circumstances." If a house is listed as contingent in real estate it means that an offer has been made and accepted, but before the deal is complete some additional criteria must be met.

Explanation:

Hope this helps! (I just looked it up) Good luck!!

4 0
2 years ago
Other questions:
  • A large account previously written off in a prior year was unexpectedly collected in the current year. as a result, the current
    12·1 answer
  • As a result of hurricane charley, the green mountain lumber co. decides to charge all home depots in florida $25 per sheet of pl
    12·1 answer
  • "An unaffiliated investor wishes to sell a large amount of "144" shares. This person can do so, without being subject to the Rul
    7·1 answer
  • The budgeted income statement presented below is for Burkett Corporation for the coming fiscal year. Compute the number of units
    8·2 answers
  • Fiori Corporation's relevant range of activity is 4,700 units to 11,500 units. When it produces and sells 8,100 units, its avera
    8·1 answer
  • On May 7, Juanita Construction provides services on account to Michael Wolfe for $4,000. Michael pays for those services on May
    14·1 answer
  • An oligopoly market structure is distinguished by several characteristics, one of which is mutual interdependence. What are some
    11·1 answer
  • Ken and lynn paid $5,000 to purchase series ee bonds in the name of their​ 11-year-old son. The son has no other​ income, and th
    9·1 answer
  • Opera Estate Girls' School is considering increasing its tuition to raise revenue.
    5·1 answer
  • In the diluted earnings per share computation, the treasury stock method is used for options and warrants to reflect assumed rea
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!