All categories

4 years ago

When the price of a good (e.g., oranges) or service (e.g., hair cut) changes,

Business

1 answer:

Umnica [9.8K]4 years ago

6 0

Answer:

d. there is a movement along the demand curve of that good or service.

Explanation:

A change in price of a good or service leads to a movement along the demand curve either up or down. If price increase, quantity demanded falls and there's a movement up the demand curve. If prices fall, quantity demanded rises and there's a movement down the demand curve.

I hope my answer helps you

You might be interested in

HAPPY THANKSGIVING... please take this time and think about what you are thankful for, and look back on all the happy memories y

umka2103 [35]

Thank YOU SISTER ILY SO MUCH AND IM THANKFUL FOR U.... GOD BLESS UUUUU <3333

4 0

3 years ago

Read 2 more answers

Phil works in a _____ job and earns minimum wage. low-paying high-paying

Fudgin [204]

Answer:High paying

Explanation:i lowkey gambled my chance and pick low paying and got it wrong

5 0

3 years ago

Read 2 more answers

You estimate that by the time you retire in 35 years, you will have accumulated savings of $2.9 million. a. If the interest rate

ivann1987 [24]

Answer:

$338,805.68

Explanation:

The computation of the amount of annual level of expenditure is shown below

Here we use the PMT formula

Given that

NPER = 15

RATE = 8%

FV = $0

PV = $2,900,000

The formula is shown below:

= PMT(RATE, NPER,-PV,FV,TYPE)

The present value comes in negative

After applying the above formula, the amount of annual level of expenditure is $338,805.68

3 0

3 years ago

How does a company's use of social media reflect audience-centered communication?

MA_775_DIABLO [31]

Answer:

There is an explanation of why the social media is so important today in the terms of communication regarding the marketing strategy in the companies below.

Explanation:

To begin with, nowadays the with the use of internet and more importantly the social media the companies have to adapt their strategy of communication according to the marketing theory in order to reach to the target audience who are the ones that will provide them with all of their primary profits when they sell. So that is why that social media has become one of the base aspects in which the company has to develop itself and try to to get better at it so that they could approach the consumers with that media of communication that is truly quite effective with the young consumers in the present time. Therefore that the social media reflects the most of the proper communication with the younger consumers nowadays, because it is a fundamental use of every day life for them.

4 0

4 years ago

elena is a regular customer at cuppo' coffee. she is the first customer to enter the coffee shop every morning and spends $10 f

Vera_Pavlovna [14]

Answer:

The management can make Elena a loyalty card holder or loyalty program member.

Explanation:

A customer loyalty program refers to a kind of reward program offered by a company to it's those customers who frequently purchase it's products or avail it's services.

Usually, under such loyalty programs, a customer is provided with a loyalty card, wherein for each purchases he/she makes, some loyalty points are earned. These loyalty points can collectively be redeemed later on, in the form of discounts.

So, in the current case, since elena is a frequent buyer of coffee on routine basis, the management can include her in their customer loyalty program and provide her with a loyalty card.

Such card will provide her with rewards and would make her feel privileged, strengthen her bond of loyalty with cuppo' coffee and may lead to increased customer share.

4 0

3 years ago