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zhuklara [117]
3 years ago
14

During 2008 the supply of gasoline decreased while at the same time the demand for gasoline increased. If the magnitude of the i

ncrease in demand was greater than the magnitude of the decrease in supply, then the equilibrium price of gasoline ________ and the equilibrium quantity ________.
Business
1 answer:
stich3 [128]3 years ago
7 0

Answer:

Increases; Increases

Explanation:

During 2008, the supply of gasoline decreases, so as a result there is a leftward shift in the supply curve of gasoline. Also, at the same time there is an increase in the demand for gasoline, so as a result there is a rightward shift in the demand curve of gasoline.

It is given that the magnitude of the shift of demand curve is greater than the magnitude of the shift of supply curve.

Therefore, this will result in an increase in the equilibrium price and equilibrium quantity of gasoline.

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your company’s marketing manager implements the company’s new marketing strategy and tactics on the market. what types of inform
stiks02 [169]

The type of information the marketing manager needs to monitor to judge the plan's successful implementation and strategic effectiveness are profits, customer relations, sales information, and competitor reactions.

A marketing strategy is one whose objective is to position the company in relation to competitors, through the creation of value that will help attract and retain consumers.

There are several tools that can help shape an organization's marketing strategy, such as:

  • The 5 P's of marketing.
  • SWOT Analysis.
  • CRM.

Therefore, the manager must monitor profits, company-customer relationships, sales, and competitor reaction to judge the success of a marketing plan, which should generate value and market leadership for an organization.

Learn more here:

brainly.com/question/1577600

8 0
2 years ago
A firm has earnings before interest and taxes of $27,130, net income of $16,220, and taxes of $5,450 for the year. While the fir
grin007 [14]

Answer:

The correct answer is e. -$4,940.

Explanation:

This problem requires us to calculate the amount of the cash flow to creditors. The cash flow to creditor means all payment made to creditors in form of interest payment or principal payment. The amount borrowed is deducted from it. The detail calculation is given below.

Interest =  Earning before interest and taxes - Net income - Taxes

Interest = 27,130 - 16,220 - 5,450

Interest = $ 5,460

Cash flow to creditors = 31,600 + 5,460 - 42,000 = -$ 4,940

6 0
3 years ago
Your client has a documentary film coming out next month. They have three separate 30-second promo videos and want to identify w
dybincka [34]

To prioritize showing that ad, the type of video creative optimization to use would be dynamic creative optimization

<h3>What is Video Creative Optimization?</h3>

This refers to the use of visual effects to make a media file or video come out better by making some changes to it.

Hence, we can see that based on the fact that there are different 30-second videos and get feedback from customers, the use of dynamic creative optimization would be encouraged so that each ad would be prioritized.

Read more about video optimization here:

brainly.com/question/14276284

#SPJ1

6 0
2 years ago
Bryce Co. sales are $801,000, variable costs are $465,100, and operating income is $287,000. What is the contribution margin rat
KATRIN_1 [288]

Answer:

Contribution margin ratio= 0.42

Explanation:

Giving the following information:

Bryce Co. sales are $801,000

Variable costs are $465,100

Operating income is $287,000.

<u>To calculate the contribution margin ratio, we need to use the following formula:</u>

contribution margin ratio= (sales - variable cost) / sales

contribution margin ratio= (801,000 - 465,100) / 801,000

contribution margin ratio= 0.42

8 0
3 years ago
One example of a microeconomic question is, "How will prices in the clothing industry change if the government bans imports from
fredd [130]

Answer:

True

Explanation:

Microeconomics is a branch of economics that studies the decisions individuals and firms make in response to changes in economic factors. These factors include price, resources etc. it studies how firms and individuals allocate and make decisions about resources

The question is looking at the effect of price on an industry. This is what microeconomics study

Macroeconomics is a branch of economics that studies the economy as a whole. Macroeconomics studies economic aggregates such as inflation, unemployment, GDP and growth rate.

6 0
3 years ago
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