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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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While working at his factory job, joe slipped on the wet floor. he went to the doctor where they told him he broke his ankle. wh
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Worker's Compensation, because the injury occurred by an employee in the course of performing their job.

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3 years ago
g When a company’s resources are valuable, rare, imperfectly imitable, and nonsubstitutable, it has a . Necessary to sustain a c
malfutka [58]

Answer:

Rare resources

Explanation:

Rare resources are unique resources that is not controlled or possessed by many competing firms. Only a small number of competing companies control it. It usually stands out by being distinctive among the set of future competitors. Rare resources are short in supply and capable of persisting over an extended time, this makes it a source of competitive advantage for a company.

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3 years ago
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Sheryls's business sells a single product. The following information was gathered from Sheryls's records: Price $97.00 per unit
VLD [36.1K]

Answer:

12,497 units

Explanation:

Break even unit = Fixed Cost ÷ Contribution per unit

                           = $400,000 ÷ $97.00 x 33%

                           = 12,497 units

Sheryls's business need to sell  12,497 units to break even

4 0
3 years ago
Richa, a sales manager at TM Resources, needs to find new markets in which to sell her company's products. Richa assigns her tea
zhuklara [117]

Answer:

territory analysis

Explanation:

According to my research on the different types of business analysis, I can say that based on the information provided within the question the scenario indicates the team is currently involved in territory analysis. This is the process of analyzing different territories for potential sales of different products.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
Suppose Aiyanna's Pizzeria currently faces a linear demand curve and is charging a very high price per pizza and doing very litt
DedPeter [7]

Answer:

<em>Options Include:</em>

A. demand will become more price elastic.

B. price elasticity of demand will not change as price is lowered.

<em>C. demand will become less price elastic.  is Correct</em>

D. the elasticity of supply will increase.

Explanation:

<em>Typically as a broadly accurate guide, the product is called elastic if the quantity of a good demanded or purchased increases more than the change in price. </em>

(Price increases by + 5%, but demand decreases by -10%). When the shift in the purchased quantity is the same as the price change (say, 10 per cent/10 per cent= 1), the product is said to have price elasticity unit (or unitary).

Eventually, when the purchased quantity changes less than the price (say,-5 per cent demanded for a price change of+ 10 per cent), then the product is called inelastic.

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3 years ago
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