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slega [8]
3 years ago
10

If the market for a product is broadly​ defined, then A. the expenditure on the good is likely to make up a large share of​ one'

s budget. B. there are many substitutes for the product and the demand for the product is relatively elastic. C. the good has many complements. D. there are few substitutes for the product and the demand for the product is relatively inelastic.
Business
2 answers:
kotegsom [21]3 years ago
7 0

Answer:

The correct answer is letter "D": there are few substitutes for the product and the demand for the product is relatively inelastic.

Explanation:

Broad markets are those offering products that are <em>not easy to substitute</em>. <em>Electricity </em>is an example of a service that is not easy to substitute. Most narrow markets are monopolies, thus, they are characterized by having an <em>inelastic demand</em> meaning their quantity demanded does not change in front of changes in prices.

Furkat [3]3 years ago
6 0

Answer:

I think the answer is the good has many complements.

Explanation:

I have no real idea. I just have a feeling.

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Evaluate Microsoft’s product and marketing evolution over the years. What has the company done well, and where did it falter?
OverLord2011 [107]

Explanation:

Microsoft is a giant technology company with worldwide influence.

Its success and reputation have ensured the company the position of the most valuable company in the world by market capital.

The popularization of the Windows Operating System, worldwide, was the product that consolidated the company as a giant in the business world. Technological companies, should focus on innovation, as each day more advances in technology appear to correct possible system errors, make the user's performance and use better and make production costs cheaper. With regard to the Operating System for computers, Microsoft has always evolved in launching new, more evolved versions, and making the previous ones obsolete for use, but one of the company's failures was to have lost the timing to develop an OS aimed at the use in cell phones, since that the company tried to enter this market, but was unsuccessful, and was defeated by its biggest competitors: Google and Apple.

8 0
3 years ago
Although a business has had record sales it is having a hard time paying the bills each month. As a manager you are uncertain wh
Svetradugi [14.3K]

Answer:

Income statements and or Cash flow statements.

Explanation:

Income statement and Cash flow statements are required.

Income Statement will give us insight about our costs as we maybe recording sales but if the costs and expenses are too high we are unlikely to be making enough gross profits to be able to pay bills.

Cash flow statements are required as sales may be credit and thus reducing working capital for the company, although they may be making profits but if the debts are uncollected they are unlikely to have cash available to be able to make payments.

Hope that helps.

3 0
3 years ago
Highway 151 Inc. can further process 2,500 pounds of Product C to produce Product M. Product C is currently selling for $36 per
Grace [21]

Answer:

$27,500

Explanation:

Revenue from the sale of  Product C = $36 × 2500

                                                             = $90,000

Cost to produce Product C = $14 × 2500

                                             = $35,000

Revenue from the sale of Product M = $47 × 2500

                                                              = $117,500

Differential Total Net Revenue of producing Product M

= $117,500 - $90,000

= $27,500

4 0
3 years ago
Read 2 more answers
Consider a bond that costs $1,000 and pays an $80 interest payment each year.
Anna007 [38]

Answer:

The interest rate for this bond is 8% per annum.

Explanation:

Given that,

a bond that costs $1,000 and pays an $80 interest each year.

To find the rate of interest, we use the following formula is

I=Prt

Here P = principal= $1,000

I=interest= $80

t=time= 1 year

∴80 = 1000×r×1

\Rightarrow r=\frac{80}{1000}

⇒r = 0.080

⇒r= 8%

The yield for this bond is 8% per annum.

7 0
3 years ago
Ellen and Fred work on the loading dock for Grange Storage. Ellen, who has a disability, requests a transfer, which would repres
Leya [2.2K]

Answer:

Fred's seniority is a good defense for Grange

Explanation:

Based on the situation at hand and the details provided within the question it can be said that in Ellen’s suit against Grange for discrimination, most likely Fred's seniority is a good defense for Grange. Since Fred has been working at Grange Storage for a long time then Fred also has a right to claim that opening for himself.

If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
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