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
Wittaler [7]
3 years ago
11

In order to remain competitive, Big Bus Lines must reduce its average ticket price by 15%. However, the firm still wants to rema

in profitable. Which of the following options would allow Big Bus Lines to remain profitable while dropping its ticket prices?
Social Studies
1 answer:
ValentinkaMS [17]3 years ago
3 0

Answer:

decreasing its variable costs by at least 15%

Explanation:

<u>Big Bus Lines case study:-</u>

The firm has reduced the price of the ticket by 15%. There are a number of ways through which the firm, Big Bus lines can still profitable. The correct option is:-

<u>decreasing its variable costs by at least 15%</u>

<u>Variable costs:-</u>

They the costs which change as quantity of services or goods which are produced by the business changes. Variable costs are sum of the marginal costs over all the business' units produced.

<u>Thus, reducing the costs by same percentage can help the firm to remain profitable.</u>

You might be interested in
What does economic globalization mean?
soldier1979 [14.2K]

Answer: Economic globalization is an Irreversible Trend.

Explanation: refers to the increasing interdependence of world economies.

8 0
3 years ago
Read 2 more answers
Brightburst believes that parents who do value vitamins represent excellent prospects. However, research suggests that many of t
sukhopar [10]

Answer:

high in involvement

Explanation:

A high involvement product is a product which a person thinks carefully about before buying it.

Here, Brightburst is company that produces vitamins for children. They know that the parents who think carefully about what they eat should be the target audience. The parents think about the vitamins a lot because the fact that they think that the gummy quality of the vitamin reduces the efficacy of the vitamin indicates the parents high level of involvement.

Hence, the target audience needs to be high in involvement.

6 0
3 years ago
Select all that apply. The study of history is important because it _____.
ale4655 [162]

Answer:

Teaches

Explanation:

History teaches people about the past. And shows how it is connected to the present and the future, which enables people to identify patterns that help people to avoid repeating (mistakes and poor decisions) and aides in making better decisions.

7 0
3 years ago
Read 2 more answers
Why do people <br> believe in interactionism
suter [353]
Interactionists believe that these meanings are derived through social interaction and that these meanings are managed and transformed through an interpretive process that people use to make sense of, and handle, the objects that constitute their social worlds.
7 0
3 years ago
Can you please rewrite the run ons as two complete sentences
bogdanovich [222]
In 1616,he was released from prison in South America. Raliegh disobeyed the kings orders,by attacking the Spanish
5 0
3 years ago
Other questions:
  • Research on people who live in the united states and people who live in _____ shows how different strategies can be used when co
    14·1 answer
  • Most countries in Central and East Asia have __________ economies.
    6·1 answer
  • Restate the question, including a rephrasing of the word "shape" the question is "How Did the Nile Shape Ancient Egypt?
    6·1 answer
  • When two people in conversation are involved in nonconscious behavioral mimicry?
    5·1 answer
  • n the case of Korematsu v. United States (1944) the Supreme Court ruled that the government did not violate the Constitution by
    7·1 answer
  • Materials that naturally break down by shooting away part of their Atoms
    6·1 answer
  • How did WWII change the way the US thought about international relations/foreign countries?
    6·1 answer
  • When Frederick was 5 months old, he looked at his favorite ball, but when it rolled out of his view, he did not search for it. N
    12·1 answer
  • We define packaging as all the activities of designing and producing the container for a product. This includes up to three leve
    5·1 answer
  • Steven Mintz and Susan Kellogg note that in a __________, the marriage is supposed to provide romance, emotional growth, and sex
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!