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Inga [223]
3 years ago
11

Assume that eggs and cereals are substitute products for breakfast. If a disease kills a large number of chickens, what will hap

pen to the demand of cereal?
a. the demand for cereal will stay the same
b. the demand for cereal will shift to the right
c. the demand for cereal will shift to the left
d. the quantity demanded of cereal will increase
e. the quantity demanded of cereal will decrease
Business
1 answer:
larisa [96]3 years ago
6 0

Answer:

The correct answer is letter "D": the quantity demanded of cereal will increase.

Explanation:

According to the demand theory, as long as the quantity demanded increases, the price would decrease (the demand curve shifts to the right). The quantity demanded decreases when the price would increase (the demand curve shifts to the left).

In the example, as eggs and cereals are substitute products, if a disease kills a large number of chickens there will be fewer eggs supply in the market. Consumers will start looking for substitutes. Then, <em>the quantity demanded for cereal will increase</em> moving the <em>demand </em><u><em>curve</em></u><em> to the right</em>.

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Conrad wanted to offer high-quality meals in his restaurant. His motto was "the best darn meat and potatoes for miles
murzikaleks [220]

Given that Conrad's time of service delivery is slow, my advice to him would be that he has to address his quality and his service.

<h3>What is competitive advantage?</h3>

This term as it applies to the question has to do with the advantage that a business has over its competitors.

For Conrad to have this advantage they must try to serve their customers better and stop making them wait for too long.

Read more competitive advantage on here:

brainly.com/question/14030554

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8 0
2 years ago
In the product development process, _____ eliminates ideas that are inconsistent with an organization's new-product strategy or
Serggg [28]

Answer:

Screening

Explanation:

Screening is a process in product development that evaluates and compares ideas that are put together for a business.

Simply put, screening is the checking and analyzing of ideas about a new product to ensure that the best idea is utilized to ensure profit.

Screening is done because every idea suggested cannot be good enough or useful for an organization and as such have to be trimmed off or trashed entirely to enable one use the best approach from other ideas.

I hope this helps.

8 0
3 years ago
Bonita industries sells two types of computer hard drives. the sales mix is 30% (q-drive) and 70% (q-drive plus). q-drive has va
podryga [215]
3300 units of q - drive.

To get the break even units of  q drive you need to get the weighted average contribution margin of the two products

To get it, simply multiply the sales mix ratio to its contribution margin per product and add the two to get the wacm.

Q-drive cm=$120-60=60*30%
Q-drive plus cm= $165-75*70%

the wacm=$81
then divide the fixed cost by the wacm

$891000 / $81=11000 units

then to get the break even units of q-drive simply multiply the sales mix ratio to the break even units

11000 units*30% =3300 units.
5 0
4 years ago
The percentage which is the sum of the discount rate, the effective tax rate and the recapture rate representing the relationshi
Savatey [412]

Answer:

Capitalization rate

Explanation:

Capitalization rate is a rate mostly used in real estate valuation that is used as a standard to compare a variety of real estate investments. It is calculated in percentage and in terms of the ratio of the net operating income provided or produced by an asset to the original cost or market value of the of the asset.

Cheers.  

7 0
3 years ago
Innovators are a critical group of new product adopters because they:
LenKa [72]
What are asking I am confused
7 0
2 years ago
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