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Vinil7 [7]
4 years ago
8

Suppose you manage a corner grocery store. if peanut butter is an inferior good, what do you suppose would happen to the price a

nd quantity sold of peanut butter as incomes fall during an economic recession?
Business
2 answers:
sweet [91]4 years ago
5 0

The answer is the price and quantity would both increase

Еquilibrium quantity is simultanеοusly еqual tο bοth thе quantity dеmandеd and quantity suppliеd. In a markеt graph, thе еquilibrium quantity is fοund at thе intеrsеctiοn οf thе dеmand curvе and thе supply curvе. Еquilibrium quantity is οnе οf twο еquilibrium variablеs.  Thе οthеr is еquilibrium pricе.

Еquilibrium pricе is thе pricе whеrе thе dеmand fοr a prοduct οr a sеrvicе is еqual tο thе supply οf thе prοduct οr sеrvicе. At еquilibrium, bοth cοnsumеrs and prοducеrs arе satisfiеd, thеrеby kееping thе pricе οf thе prοduct οr thе sеrvicе stablе.

Andrej [43]4 years ago
3 0

I believe the answer is: The price and quantity would both increase

During economic recession, the power of currency that a country have would also fall. When this happen, our money would only be able to buy less amount of products compared to the period before the recession. Because of this, companies tend to rise both the price and quantity of their products in order to maintain the same profit level.

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Digital Fruit is financed solely by common stock and has outstanding 40 million shares with a market price of $20 a share. It no
Marina CMI [18]

Answer:

Digital Fruit

The expected market price of the common stock after the announcement is:

$20 per share.

Explanation:

Outstanding number of shares = 40 million

Market price of outstanding shares = $20 a share

Total market capitalization = $800 million

Debts introduced = $310 million

Market capitalization after the debt issue = $490 million ($800 - 310 million)

Number of shares bought back = $310 million /$20 = 15,500,000

Outstanding number of shares after the buy-back = 40 million minus 15.5 million

= 24,500,000 shares

Expected market price of the common stock after the announcement

= $490,000,000/24,500,000

= $20 per share

3 0
3 years ago
A company employing a _______ strategy would create a new product targeted to its current customers.
OLEGan [10]

A company employing a product development strategy would create a new product targeted to its current customers.

What is New Product Development ?

You can get the people in your division to come up with ideas for new products by following the given things mainly which revolves around reinforcing the novel ideas:

  • As employees have direct contact with the customers so they have the better ideas about the customers needs and wants.
  • Employees are well aware of the changing trends so they should be encourage to come up with the new and novel ideas for the new products.
  • Ideas can come from any where, from any level of the organization so each and every single employee should be motivated to participate in idea generation activities.

The importance of doing customer research is to have a drive for new product development. A research can be effective in pointing out consumer trends and fads, as well as opening a direct customer communication channel that feels prestigious for having its requests valued by a company. Through concrete data of potential customers and new customers, an organization has the ability to meet the actual demand of potential customers and make possible adjustments to the production process.

Learn more about New Product Development on:

brainly.com/question/15080666

#SPJ4

6 0
2 years ago
Fremont Enterprises has an expected return of 12 % and Laurelhurst News has an expected return of 24 %. If you put 56 % of your
Savatey [412]

Answer:

     = 18.7%

Explanation:

<em>A portfolio is a collection of assets/ investment. The return on a portfolio is the weighted average of all the return of the individual assets weighted according to the percentage of total funds allocated to each assets.</em>

Expected return on portfolio:

E(R) =(  Wa*Ra) + (Wb*Rb)

  Wa   =   56%   ,   Wb = 100-56 = 44%

Ra = 12%, Rb = 24%

E(R) = (0.56*24%) + (0.44× 12%)

       = 18.7%

8 0
3 years ago
When hope springs purchases refillable bottles for its water, it submits its orders directly from its computer system to its sup
Ipatiy [6.2K]

Answer:Electronic data interchange (EDI)

Explanation:

Because manual operation in business tend to cause sluggish processing of documents, Electronic data interchange (EDI) is adopted which  is the use of standard electronic format to  replaces paper-based documents like purchase orders or invoices, postal mail, fax so that business operations and recordings can flow straight through to the appropriate application.

Using a standard format like ANSI, EDIFACT etc for  EDI documents is necessary so that computers in use understands each piece of information is and in what format it should document so as to pass relevant information to a receiver.

Because the exchange of EDI documents is typically between business partners, Electronic Data Interchange is important because it helps to eliminates manual data entry errors ,Streamline transaction processing  leading to Increases productivity because it easier and more cost-effective since business do not require more staff.

6 0
3 years ago
Select the answer that best completes this sentence. Los pesos from different Spanish Speaking countries are _____
VMariaS [17]

I believe the answer is: different


The values of pesos from these spanish speaking countries are different depending on how good their performance in the market.

For example,

1000 mexican peso is equal to +/- 50 USD

1000 Argentine peso is equal to +/- 30 USD

8 0
3 years ago
Read 2 more answers
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