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saveliy_v [14]
3 years ago
5

Why net profit will be higher if increases average prices to customers?​

Business
1 answer:
vampirchik [111]3 years ago
6 0

Answer:

Higher prices with same sales quantity will mean greater profit.

Explanation:

Let's hold some variables constant. If a business sells books, and they take the prices up, if they sell the same quantity (at higher prices) this would increase revenues. Higher revenues, less the same cost structure (variable and fixed costs) will lead to a greater profit generation. Of course in the real world, price elasticity of demand comes in play when prices are changed. If prices go up, typically sales quantity will decrease and there may be a net effect in revenue and hence profit. In the simple case where prices go up and sales quantity is unaffected, net profit will rise.

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Furniture Shine is introducing an improved version of its existing wax targeted to owners of antiques. The firm has decided to l
ra1l [238]

Answer:

modified product - multiple markets

Explanation:

This type of strategy consists of offering different products, which are modified versions of some exiting product, to new markets.

In this case, the improved version of the wood wax is a modified version of the old wood wax, and is going to be targeted to a new and specific market (antique owners), while the original version is still going to be targeted at the current market.

4 0
3 years ago
The planning/control cycle has two planning steps. They are Select one: a. (1) make the plan, then (2) carry out the plan. b. (1
morpeh [17]

Answer:

a. (1) make the plan, then (2) carry out the plan.

Explanation:

The cycle of the planning/ control comprises of following steps

1. Make the plan

2. After that carry out the plan

3. Now the control is there by comparing

4. And finally, the control could be taken by taking corrective actions

According to the given situation,  the correct option is a

And, the rest of the options are wrong

8 0
2 years ago
One benefit of the federal system is the ability of the states to operate as __________ for new ideas.
alexira [117]
The answer that will fill in the blank is laboratories. It is because with their capability and power, they could operate laboratories in which will contribute in their projects and new ideas that they make or try to create that will benefit them and for the people. The laboratories is necessary for them in making these new ideas for it is efficient and orderly in doing them.
8 0
3 years ago
Read 2 more answers
What policy document provides guidelines to promote information sharing?.
atroni [7]

The policy document provides guidelines to promote information sharing is DoD Manual 5200.01, Volumes 1 and 2

<h3>What is information sharing?</h3>

The policy that promote information sharing, certain guidelines must be followed in DoD Manual 5200.01, Volumes 1 and 2, when classifying and marking information.

The DoD Manual does the following:

  • Provides guidance for the correct marking of information.
  • Promote information sharing.
  • Facilitate judicious use of resources.

Therefore, the policy document that provides guidelines to promote information sharing is contained in the DoD Manual 5200.01, Volumes 1 and 2

Learn more about information sharing here : brainly.com/question/24468230

3 0
2 years ago
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nydimaria [60]

Answer: Franchising.

Explanation:

As described in the question Burger King is taking part in franchising where it's company name and some key business information is shared with foreign companies and those company pay a little part of their profit to Burger King in return. Franchising is a business process which occurs when, a very successful/ well known business gives another business the right to use their business name and the known business gets paid a regular percentage of profit in return.

7 0
3 years ago
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