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3 years ago

Which of the following will decrease the demand (demand curve shifts to the left), for jogging shoes?

Business

1 answer:

Brut [27]3 years ago

3 0

Answer:

B. A decrease in the price of substitutes.

Explanation:

When there is a Decrease in the price of Substitute goods to jogging shoes then more people will demand more of those substitutes.

Because those other goods are Substitutes, an increase in their demand reduces the demand for Jogging shoes because goods that are substitutes are not usually bought at the same time.but rather to replace the other. When more of the jogging shoe substitute are bought, less Jogging shoes will be demanded.

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A demand function for step stools manufactured by U-Step is q = -720p + 20,500.

meriva

Answer:

$140,420

Explanation:

The demand function is q = -720p + 20,500.

The price is $17

q = -720 ($17) + 20500 = 8260

The quantity sold is 8260

Revenue = price × quantity sold

= $17 × 8260 = $140,420

5 0

3 years ago

Trell Corporation transferred $50,000 of accounts receivable to a local bank. The transfer was made without recourse. The local

PIT_PIT [208]

Answer:

Correct one is Option D.

Explanation:

Fair value of its 20% interest in the receivables 8000

Less: Factoring fee=50000*3% =1500

Amount receivable from factor= 8000-1500=6500

7 0

3 years ago

Corporate Fund started the year with a net asset value (NAV) of $12.50. By year-end, its NAV equaled $12.10. The fund paid year-

Setler79 [48]

Answer:

The rate of return to an investor in the fund=0.088*100=8.80%

Explanation:

Given Data:

NVA at the start of the year= $(NAV)_o$ =$12.50

NVA at the end of the year= $(NAV)_f$ $12.10

Distributions of income and capital gains =$1.50

Required:

The rate of return to an investor in the fund=?

Solution:

Rate of return= $\frac{(NAV)_f+\ Distributions}{(NAV)_o}-1$

$Rate\ of\ return=\frac{12.10+1.50}{12.50}-1 \\Rate\ of\ return=0.088$

The rate of return to an investor in the fund=0.088*100=8.80%

5 0

3 years ago

Accents Associates sells only one product, with a current selling price of $150 per unit. Variable costs are 30% of this selling

Ksju [112]

Answer:

$65,333

Explanation:

As we know,

Sales price = Variable cost + Contribution cost

Sales price = Variable cost ratio + Contribution margin ratio

100% = 30% + Contribution

Contribution = 100% - 30%

Contribution = 70%

Fixed cost = $19,600

Break even sales = Fixed cost / Contribution margin ratio

Break even sales = $19,600 / 30%

Break even sales = $19,600 / 0.3

Break even sales = $65,333.

8 0

3 years ago

Why arent my questions working

Studentka2010 [4]

Answer:Turn off your device and then turn it back on if that is not worth a try again and maybe delete all your tabs.

Explanation: I have tried this before and it work.

6 0

3 years ago