1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
grin007 [14]
3 years ago
9

Suppose a recent and widely circulated medical article reports new benefits of exercise. Simultaneously, the price of the parts

needed to make bikes falls. What is the likely effect on the equilibrium price and quantity of exercise bikes sold?
Business
1 answer:
Reptile [31]3 years ago
3 0

Answer:

Equilibrium quantity increases; Equilibrium price is indeterminate.

Explanation:

If a new article reports that there are many benefits of exercise, this will increase the demand for exercise bikes and shifts the demand curve rightwards.

At the same time, there is a fall in the price of parts of exercise bikes which reduces the cost of production of exercise bikes. Now, the producer will be able to produce more exercise bikes, so the supply of exercise bikes increases and shifts the supply curve rightwards.

Therefore, there is an increase in the equilibrium quantity of exercise bikes and the impact on equilibrium price is indeterminate because that will be dependent upon the magnitude of the shift of demand and supply curve.

You might be interested in
Is also known as oral administration.
TiliK225 [7]

Answer:

D. Ingestion

Explanation:

Absorption seems like something you would get through the skin. Injection it gets put into your body by a needle. Inhalation is through the nose. Ingestion you swallow.

8 0
3 years ago
How do you apply force field analysis and brainstorming techniques to a complex business
cluponka [151]

Brainstorming is a technique for the decision making, it encourages arguments between the individuals but this sometimes result in conflicts and disagreements.

<h3 /><h3>What is decision making?</h3>

Decision making is the technique in which the decision is decided, according to the situation and after careful analysis of the environment decision is made.

Force Field technique is a decision making technique, in this technique the participants write the decision in the middle of the paper and list the forces that require and resisting changes.

Decision making techniques are important and should be used to make an effective decision, in a complex business it is difficult to apply the technique but it is also important to implement the technique.

Brainstorming is the technique in which all the participants sit together and share their ideas while some challenge the ideas and so a decision with an agreement is made.

Learn more about Decision making at brainly.com/question/27272241

#SPJ1

6 0
1 year ago
Which of the following statements is true of entrepreneurs?
Sindrei [870]

The answer is <u>"B. Entrepreneurs often work long hours and must take on the financial responsibilities of the business."</u>


An entrepreneur is a person who, as opposed to functioning as a worker, establishes and maintains a private company, expecting every one of the dangers and prizes of the endeavor. The business visionary is generally observed as a pioneer, a wellspring of new thoughts, merchandise, administrations and business/or techniques.  

Entrepreneurs assume a key role in any economy. These are the general population who have the right stuff and activity important to foresee present and future needs and put up great new thoughts for sale to the public.  


8 0
3 years ago
Read 2 more answers
Collins, Inc. issued a nontaxable stock dividend of one share for each share owned. Melissa, a shareholder of Collins, had a tot
DiKsa [7]

Answer:

$5,000

Explanation:

Based on the information given we were told that had a total basis in her 500 shares of stock of the amount of $5,000 which means that The total basis of Melissa's 1,000 shares of stock after the dividend is $5,000 which is her total basis in her 500 shares of stock.

7 0
3 years ago
Monopolistic competitors in the food industry will often include a recyclable symbol on packaging used for their product as a me
solong [7]
It means to differentiate their product. Monopolistic competition is a sort of blemished rivalry with the end goal that numerous makers offer items that are separated from each other and subsequently are not impeccable substitutes. 
Harmony under monopolistic competition. In the short run, supernormal benefits are conceivable, however, over the long haul, new firms are pulled in into the business, as a result of low boundaries to the passage, great learning and a chance to separate.
6 0
3 years ago
Other questions:
  • Piedmont Hotels is an all-equity company. Its stock has a beta of .82. The market risk premium is 6.9 percent and the risk-free
    7·1 answer
  • Please help ASAP giving BRAINLIEST , Did I get this correct?
    15·1 answer
  • Last year Madd Hatter, Inc. bought baseball caps for $3 each and sold them for $9. This year, the company’s supplier is charging
    12·1 answer
  • A neighborhood sportswear store sells a pair of victoria sneakers for $40. due to the recent fitness craze, these shoes are in h
    11·1 answer
  • What does a company's customer service department do?
    14·1 answer
  • 4. In the late 1990s and through 2000, the British public became increasingly concerned about " Mad Cow Disease," which could be
    12·1 answer
  • Which financial statement would best display a company's plant, property, and equipmnt used everyday
    5·1 answer
  • Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscription of $10.
    11·1 answer
  • On January 1, Sway Corporation had 60,000 shares of $10 par value common stock outstanding. On March 17, the company declared a
    11·1 answer
  • 2) Consider the taxi market, a constant cost competitive industry. To operate a taxi an entrepreneur needs a license. Show graph
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!