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alisha [4.7K]
3 years ago
11

Using advertising to try to convince customers to buy one product rather than

Business
1 answer:
alexdok [17]3 years ago
5 0

Answer:

The correct answer is (B)

Explanation:

Advertising is an effective way to increase consumers and demand. In a perfect or solipsistic competition in order to compete with identical products companies usually apply different methods and techniques to distinguish their products. This technique is called non-price competition. Firms sometimes reduce their prices and give incentives to attract costumers to buy their product.

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An increase in the price of a good causes a decline in demand for A. inferior goods. B. its substitutes. C. normal goods. D. its
ivolga24 [154]

Answer:

D. its complements.

Explanation:

A complement is a good or service used in conjuncture with another good. Therefore, if there is a decrease in the demand for a particular good, its complements will also see a decrease in demand. By the general supply and demand rule, an increase in the price of a good causes a decline in its demand and, therefore, causes a decline in demand for its complements.

6 0
3 years ago
One way to eliminate intermediate goods from the measure of gdp is to subtract from the measure of all output the:_______
nirvana33 [79]

When calculating GDP intermediate goods are eliminated to avoid double counting of goods, as already the input is added which includes these intermediate goods.

<h3>What is GDP?</h3>

GDP stands for Gross Domestic Product. It is the total production of a country and is very essential in growth of a country, developing or poor countries generally have a lower GDP as compared to developed countries.

The amount of intermediate goods can be subtracted from output total to formulate the figure of GDP.

Learn more about GDP at brainly.com/question/27173101

#SPJ1

6 0
2 years ago
Desiree works 28 hours per week. She has a monthly income of $120 from investments. Desiree also plays in a band one night a wee
lukranit [14]

Answer:

$1.50

Explanation:

Desiree makes $120 per months from investments. The annual income from investments = $120 x 12

=$1,440

She play in band earning $200 per week. Annual income from the band will be = $200 x 52 weeks

=$10,400

If her total annual income is $49,696, then her annual income from her salary =$49,696 -( $1440 + $10,400)

=$49,696 -$11,840

=$37,856

weekly earnings will be $37,856 /52= $728

Hourly earnings will be $728 /28

=$26

Desiree wants to make $51,880 per year. Her income from investments and the band will remain the same.

She needs to earn $51,880 -$11,840 from her salary

=$40,040 per year

Her new weekly earnings will be $40,040 /52 =$770

New hourly earning = $27.5

Desiree should ask for a raise of( $27.5 -$26)

=$1.50

4 0
3 years ago
A. On April 1, the company hired an attorney for a flat monthly fee of $2,500. Payment for April legal services was made by the
Crazy boy [7]

Answer:

A. Apr 30

Dr Legal fees expense 2,500

Cr Legal fees payable 2,500

May 12

Dr Legal fees payable 2,500

Cr Cash 2,500

B. Apr 30

Dr Interest expense 2,175

Cr Interest payable 2,175

May 20

Dr Interest expense 4,350

Dr Interest payable 2,175

Cr Cash 6,525

C. Apr 30

Dr Salaries expense 5,600

Cr Salaries payable 5,600

May 03

Dr Salaries expense 8,400

Dr Salaries payable 5,600

Cr Cash 14,000

Explanation

Preparation of the adjusting entry for both April 30 and the subsequent entry during May to record the payment of the accrued expenses.

A. Apr 30

Dr Legal fees expense 2,500

Cr Legal fees payable 2,500

May 12

Dr Legal fees payable 2,500

Cr Cash 2,500

B. Apr 30

Dr Interest expense 2,175

Cr Interest payable 2,175

May 20

Dr Interest expense 4,350

(6,525-2,175)

Dr Interest payable 2,175

Cr Cash 6,525

C. Apr 30

Dr Salaries expense 5,600

(14,000*2/5)

Cr Salaries payable 5,600

May 03

Dr Salaries expense 8,400

(14,000*3/5)

Dr Salaries payable 5,600

(14,000*2/5)

Cr Cash 14,000

4 0
3 years ago
The credit that is created when a supplier sells goods and services on an account with extended payment terms is called:_______
valentinak56 [21]

Answer:

Trade credit

Explanation:

The answer to this question is trade credit. Trade credit can be defined as a loan that is given by one trader to another trader when they buy goods and services without immediate payment. That is when these are bought on credit. Through trade credit, there is the facilitation in the purchase of supplies without paying for the suppliers immediately. It is mostly used as a way of short-term financing.

3 0
3 years ago
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