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mart [117]
3 years ago
10

Which of the following would lead to an increase in the demand for golf balls?

Business
1 answer:
dangina [55]3 years ago
3 0

Answer:

Option C, An decrease in the price of golf balls, is the right answer.

Explanation:

Option “C” is correct because as per the law of demand, the price of a commodity and its demand are inversely related to each other. If the price increases, then the demand for the commodity falls. If the price of the commodity falls, then the demand increases. Similarly, in the case of golf balls, when its price decreases then this decrease in price will result in an increase in demand for golf balls.

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In the graph below, a shift from point A to point B represents which of the following?
sveta [45]
The answer would be a. a decrease in demand
3 0
3 years ago
The production department is proposing the purchase of an automatic insertion machine. They have identified 3 machines and have
Usimov [2.4K]

Answer: Machine B

Explanation:

Average rate of return = Average Income / Average Investment

Machine A

= 47,932.64/342,376

= 14%

Machine B

= 85,282.20/284,274

= 30%

Machine C

= 68,037/453,580

= 15%

<em>Machine B has best average rate of return. </em>

8 0
2 years ago
The development of team roles arises from the ______ of the team, the organization, and the team members themselves. Multiple ch
Naddik [55]

The development of team roles arises from the expectations of the team, the organization, and the team members themselves. .

<h3>What is a team?</h3>

A team serves as group of people that have a particular goal and they work together to achieve the aim of the organization.

However, team roles are the responsibility of each members which is expected from individuals in the team.

Learn more about team at:

brainly.com/question/11352260

5 0
2 years ago
A company has two divisions and evaluates management using return on investment. Division 1 currently makes a part that it sells
Anton [14]

Answer:

c. Division 1 should continue to do business with Division 2 because Division 1's variable cost per part is only $18.

Explanation:

Since the variable cost per part is only $18 and Division 1  sells to Division 2 at $25, it is in the company's overall interest that business should continue between the two divisions.

The cost of getting the part from outside is $26.  This will incur more cost to the company and create excess capacity for Division 1.

Fixed costs are not relevant in making a decision of this nature.  The costs would be incurred irrespective of the decision made.  They are therefore irrelevant.  The relevant cost is the variable cost of $18 per unit.  It should be the focus of the decision, including the possibility of excess capacity for Division 1.

7 0
3 years ago
The long run is characterized by: Group of answer choices the relevance of the law of diminishing returns. at least one fixed in
Pachacha [2.7K]

Answer:

D. The ability of the firm to change its plant size.

Explanation:

The long run in economics is a period of time in which all inputs in the production process can be varied. It allows firms to have the ability to change its plant size that would be more or less fixed in the short run. The factors of production used in the long run are variable inputs. Variable inputs are inputs that can be change or altered in a production system. The firm in the long run has the abilities to respond to changes in the market and demand and can build bigger factory or larger plants.

8 0
3 years ago
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