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3 years ago

The decision by shoe store owners to fix their prices will result in consumers paying _____ prices. lower higher the same

Business

2 answers:

Anon25 [30]3 years ago

7 0

Answer:

Higher prices

Explanation:

Fixed prices are associated with higher prices for consumers

Alika [10]3 years ago

3 0

Answer:

higher

Explanation:

This will make consumers pay a higher price. In a competitive market like shoes, suppliers compete for market share through price, so that none of them will have control over the market equilibrium price unless there is a collusion. Collusion is an illegal practice of price matching between competitors. This disassembles the competition parameters of the market, causing the selling price to be higher than the competitive equilibrium price. In this way consumers are injured. For this reason, regulatory agencies stipulate rules in competitive markets to prohibit collusion.

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Inventory is important

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3 years ago

Your wealthy uncle established a $2,100 bank account for you when you were born. For the first 9 years of your life, the interes

zloy xaker [14]

The future value of the account established by the wealthy uncle will be $3,943.86 after 23 years at the two interest rates.

<h3>What is future value?</h3>

The future value of an amount is the value obtained in the future after compounding at an interest rate.

The future values after years 9 and 23 can be determined using an online finance calculator as follows:

<h3>Future Value of $2,100 after 9 years:</h3>

N (# of periods) = 9 years

I/Y (Interest per year) = 4%

PV (Present Value) = $2,100

PMT (Periodic Payment) = $0

<u>Results:</u>

FV = $2,988.95

Total Interest $888.95

<h3>Future Value of $2,988.95 after 14 years:</h3>

N (# of periods) 14 (23 - 9)

I/Y (Interest per year) = 2%

PV (Present Value) = $2,988.95

PMT (Periodic Payment) = $0

<u>Results:</u>

FV = $3,943.86

Total Interest $954.91

Thus, the future value of the account established by the wealthy uncle will be $3,943.86 after 23 years at the two interest rates.

Learn more about future values at brainly.com/question/24703884

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2 years ago

To get a complete picture of your target market, you must do Question 2 options: door-to-door surveys. primary research. seconda

WITCHER [35]

Primary research To get a complete picture of your target market,

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3 years ago

Read 2 more answers

Candice, owner of Green Solar Panels, has found that some of her department managers were using management by objectives, but th

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Answer: B) False

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3 years ago

If individuals and companies believe they can pursue rewards without facing the risks that should be attached to those pursuits,

tresset_1 [31]

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3 years ago