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ch4aika [34]
3 years ago
12

Suppose that a rap group called RG2 has released its first CD with Live Records at an intended list price ofâ $14.99. Music stor

es have discovered that they can markup the price toâ $17.99 with continued strong sales. What information does this higher price convey to the recordingâ label:
A) The recording label should cut back on the production and distribution of RG2â'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 RG2â's CD on store shelves.
D) The recording label should expand the production and distribution of RG2â's first CD
Business
1 answer:
balandron [24]3 years ago
7 0

Answer:

The correct option is (D)

Explanation:

The band sold its first CD to music stores for $14.99. The music stores added mark up of $2 and sold to the public for $17.99. people are ready to purchase CD's even at higher price. This suggest that there is strong demand for the band's CD in the market.

In this case, Live records should increase production and distribution of band's CD to take advantage of increased demand, thereby gaining from it.

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If other things are held constant, an increase in the United States imports will
VMariaS [17]

Other things remaining constant, increased US imports will <u>D. Tend to cause the </u><u>dollar</u><u> to depreciate</u> because the world supply of dollars will rise.

<h3>What is the implication of increased United States imports with other factors constant?</h3>

With increased imports by the United States, and if all other factors are held constant, the supply of dollars will increase.

When the supply of dollars increases without a corresponding increase in demand, the dollar will depreciate or lose its value relatively.

Thus, if other things remain constant, increased US imports will <u>D. Tend to cause the </u><u>dollar</u><u> to depreciate</u> because the world supply of dollars will rise.

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7 0
3 years ago
How to access your federal reserve account?
asambeis [7]
The federal reserve account is the central bank of the United States of America. It is an independent bank in a sense that it does not need the approval of the President or any government authority to forego with their daily transactions. Only institutions have accounts in the federal reserves like commercial banks. An individual cannot access one.
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4 years ago
g Liabilities of the commercial banking system include Question 69 options: A) deposits. B) loans and deposits. C) reserves and
netineya [11]

Answer:

A) deposits

Explanation:

In the case of the commercial banking system, the  liabilities is deposits as the deposit is the amount of the depositors

So as per the given situation, the option A is correct as the deposits represents the commercial banking liabilities

hence, all the other options are incorrect

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A fully global organization might set up a ________ with a foreign company to create a new, independent company that produces a
Archy [21]

Answer:

A

Explanation:

8 0
4 years ago
Notes payable due in six months are reported as
alexira [117]

A short-term liability is a payment that is due in 12 months or less. Hence notes payable due in six months is reported as a short-term liability.

<h3>What is a liability?</h3>

In the parlance of Accounting and Finance, a Liability is a financial obligation that the company owes to individuals, or organizations with which it has transactional or legal relationship.

Hence, it is correct to indicate that notes payable due in six months is reported as a short-term liability.

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2 years ago
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