Answer:
d. The price will stay the same, but the quantity will increase.
Explanation:
When the demand and supply both fall, the equilibrium quantity will definately fall but the price will remain the same. The new supply adapts to the reduction of the demand.
Through transient actions like trade fairs and event sponsorships, sales promotion is a tactic that encourages customer purchase and dealer engagement.
<h3>
What is Sales Promotion?</h3>
A transitory campaign or offer is used by a company as part of a sales promotion to raise interest or demand in its product or service.
A company may decide to utilize a sales promotion (or "promo") for a variety of reasons, but the main one is to increase sales. Sales increases could be required to meet a quota as a deadline draws near or to spread word of a new product.
Let's examine several sales promotion types in more detail, as well as the advantages and disadvantages of adopting each style of promotion.
12 different categories of sales promotions exist. Although not all of them are appropriate for every industry, product, or service, each one offers distinct opportunities to increase sales and forge stronger bonds with clients by utilizing various sales psychology techniques. Each presents a comparison of sales methodologies and offers an unusual perspective on spin selling.
To learn more about the, Sales Promotion visit:
brainly.com/question/15900481
#SPJ4
Answer:
$3,460
Explanation:
Gross tax liability $2,120
Less non-refundable personal tax credit $2,880
Refundable personal tax credit $760
Hence:
Income taxes withheld $2,700+ $760
=$3,460
Luke’s non refundable personal credit reduces his gross tax to zero ($2120– 2,880) and $760of the unused credit expires unused.
The $1,740 unused business tax credit carries over and Luke receives a refund of $3,460($760 refundable credit + $2,700 taxes he paid)
Luke’s net tax due or refund is $3,460
Answer:
c. Under applied $ 1,340
Explanation:
Computation of predetermined overhead rate
Estimated manufacturing overhead $ 594,960
Estimated direct labor hours 22,200 hours
Predetermined overhead rate per direct labor hour
$ 594,960 / 22,200 hours $ 26.80 per hour
Actual Direct Labor hours 22,150 hours
Applied overhead at predetermined direct labor rate
$ 26.80 * 22,150 hours $ 593,680
Actual overhead <u>$ 594,960</u>
Overhead under applied $ ( 1,340)
