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fredd [130]
3 years ago
12

Suppose that a rap grouprap group called RG 2RG2 has released its first CD with LiveLive Records at an intended list price of​ $

14.99. Music stores have discovered that they can markup the price to​ $17.99 with continued strong sales. What information does this higher price convey to the recording​ label?
A. The recording label should cut back on the production and distribution of RG 2RG2​'s first CD.
B. The price of the CD was too expensive to begin with.
C. The markup by music stores indicates a surplus of RG 2RG2​'s CD on store shelves.
D. The recording label should expand the production and distribution of RG 2RG2​'s first CD.
Business
1 answer:
GuDViN [60]3 years ago
7 0

Answer:

D) The recording label should expand the production and distribution of RG 2RG2​'s first CD.

Explanation:

According to the law of supply and demand, since the customers are willing to pay a price higher than equilibrium price, that means that their is a shortage of the product or service and that the supply should increase in order to get the price back to equilibrium price.

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Counselors are one of the references that employers trust for the most accurate reports. As a result, option (c) is the proper response.

<h3>Which are considered the most-trusted references by the employer?</h3>

Counselors are one of the references that employers trust for the most accurate reports.

Employers do not trust the friends, relatives, and parents of prospective employees or employees to provide an accurate report because they believe they are not professional enough and that because of their proximity to the employee, they may provide false information in order to benefit the employee.

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What information is the buyer entitled to?
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Shankar Company uses a perpetual system to record inventory transactions. The company purchases inventory on account on February
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Answer:

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