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
olga2289 [7]
3 years ago
12

What factors determine a company’s total revenue? Do higher prices lead to increased revenues for a company?

Business
2 answers:
Alex787 [66]3 years ago
7 0

Answer:

  • Any firm or company requires a more detailed form of structure for itself in order to have a well generated revenue, being able to provide enough services to the customers and clients, and the most important develop more better goods to make a reputation for itself.
  • As, each company has a number of goods or items inside the market and the profit generated by these goods makes the whole revenue for the same company. As, there can not be a possibly high level of revenue for any company if it does not have the optimum number of goods been sold inside the market, so, high prices of the standard form of goods may lead to having more profit.
  • For example, iPhones are way more expensive to buy by the free folk but just because its a standard set by Apple.inc to have the most advanced form of phone and other devices then people tends to buy it more often resulting in the generation of an enormous amount of revenue for the company.
  • Along, with that the services provided to the users or the customers also may lead to a high profit or revenue for the company or firm inside a given market place.

rusak2 [61]3 years ago
4 0

Revenue is calculated by the number of goods sold times the price of those goods. It is different from profit, which is revenue minus costs.

Higher prices will likely not lead to increased revenue because as prices rise, demand falls and therefore the number of units sold changes.  

You might be interested in
Some federal grants, such as categorical grants, ____________, while others, such as block grants, ____________.
Vinil7 [7]
Fund only individual citizens; fund only projects for states and localities
5 0
3 years ago
Which of the following borrowing options would cost her the least? Credit card. Personal loan at bank. Student loan. Payday loan
nika2105 [10]

Answer:

Explanation:

The student loan is set up to have a very low interest rate. They are mostly in the 2 to 3 % range if you qualify. The worst is a payday loan. Those have double digit rates associated with them.

5 0
2 years ago
A company bills customers for services provided. the company records this transaction with a:_______
geniusboy [140]

A company bills customers for services provided. the company records this transaction with a  Debit Accounts Receivable.

A customer is an individual or business that purchases goods or services from another business. Customers are important because they drive sales. Without them, companies cannot continue to exist.

The definition of a customer is a person who purchases products or services at a store, restaurant, or other retail establishment. An example of a customer is someone who goes to an electronics store and buys a television. (informal) A person, especially a person, who interacts with others in some way.

In sales, commerce, and business, customers (sometimes called customers, purchasers, or purchasers) receive goods, services, products, or ideas obtained from sellers, vendors, or suppliers through financial transactions. is a person. Transaction or exchange for money or other valuable consideration

Learn more about customers here:brainly.com/question/380037
#SPJ4

6 0
1 year ago
Which of the following is not true about the national income identity given by the equation: S +(T - G) = 1 + CA?
kati45 [8]

Answer:

None of the options are False.

Explanation:

CA means Current Account Balance

T means Taxes

G means Government Spending

S equals National Savings and

I equals Investment

Cheers!

4 0
3 years ago
Which of the following options is a challenge to the sustainability of strategically implementing an information​ system? A. Man
Ludmilka [50]

Answer:

D. Customers and suppliers willing to learn and evolve with new technology

Explanation:

In an implementation of any new IT system, the resistance to adoption from different stakeholders in the organizations is one of the most difficult challenges that is faced by the project managers. To overcome this resistance, the project manager needs to be accustomed to the basic principles of change management which involves:

1 - Designing incentive systems that forces all the stakeholders to adopt the new system.

2- Manage proper communication strategy that conveys the benefits of adopting the new system and conduct training for all the users.

However, there will still be resistance from certain suppliers and customers  to the adoption of the new system. Which can lead to failed implementation of the system. However by doing the following, any organization can make sure that customers and suppliers quickly become an integral part of the IT system:

1- Take feedback from the customers and suppliers so that not only a more user friendly system can be designed, but also customers will be more invested as they feel they have been part of the decision making process.

2- Invite customers and suppliers to use the company resources to make themselves accustomed to the new system.

3 0
3 years ago
Other questions:
  • Marvin Services Corporation had the following accounts and balances: Accounts payable $ 6,000 Accounts receivable 8,000 Cash 7,0
    5·1 answer
  • Predict how the price of athletic shorts would change if schools banned their use.
    5·1 answer
  • Q 7.5: a small business owner has two employees but each employee has a separate cash register drawer. this situation can be vie
    8·1 answer
  • QUESTION 4<br> Which of the following payment types require you to pay upfront?
    8·2 answers
  • You win the lottery and decide to impress your friends by exhibiting a million-dollar cube of gold. at the time, gold is selling
    9·1 answer
  • Hidalgo is primarily liable on a promissory note. Because of this, he: a. is required to pay, unless he has a valid defense to p
    14·1 answer
  • is personally responsible for all partnership debts. has no say over a firm's daily operations. faces double taxation whereas a
    5·1 answer
  • Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following ann
    10·1 answer
  • After getting her degree in Economics, Jeanine went to work for the Bureau of Labor Statistics. She compiles data on the unemplo
    6·1 answer
  • The expenditure on a fixed asset (such as a machine) or monetary asset (such as shares or bonds) that affects the net cash flow
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!