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Licemer1 [7]
2 years ago
7

Lowering the cost of each item produced because of high-volume production brought on by demand stimulation is

Business
1 answer:
Debora [2.8K]2 years ago
7 0

Answer:

inelasticity of demand

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First mover advantages refers to the benefits a firm may achieve by entering a new market or developing a new product or service
OLga [1]

There are several first mover advantages including:

-Brand recognition: better chance of being recognized if you were the first to do something

- Economies of Scale: learn how to perfect and grown in the market before other competitors come along

-Switching costs: when customers are established with the first brand they are less likely to want to spend the money to switch to a new competitor

5 0
3 years ago
The number of days' sales in receivables a.is an estimate of the length of time the receivables have been outstanding. b.is not
Nostrana [21]

Answer:

a.is an estimate of the length of time the receivables have been outstanding.

Explanation:

The average collection period can be calculated as follows: 365 days in a year divided by the accounts receivable turnover ratio.

Days sales uncollected = Average Account receivable/Net sales*365

A short collection period means prompt collection and better management of receivables. A longer collection period may negatively affect the short-term debt paying ability of the business in the eyes of management.

6 0
3 years ago
Suppose that interest rates decrease. Holding everything else constant, determine what happens to aggregate demand and its compo
RUDIKE [14]

Answer:

When interest rates decrease, It causes a ripple effect in the economy that stimulates growth and wealth creation. In the long run, it might cause inflation.

Explanation:

  • If interest rates decrease, consumption increases because there is more disposable income available in each household.
  • If interest rates decrease, investment increases since the cost of borrowing is cheaper.
  • If interest rates decrease, government spending decreases .
  • If interest rates decrease, the value of net exports increase because the economy us stimulated as a result of a business boom facilitated by low and affordable loans.
5 0
3 years ago
All's fair appliance company is an appliance wholesaler. select the most appropriate audit procedure from the list below and ent
Natali5045456 [20]

<span>a.    </span>Compare designated amounts from the accounts payable listing with the voucher and supporting entitites.

<span>b.    </span>Select a sample of receiving documents for a few days before and after year end.

<span>c.     </span>Obtain a listing of the accounts payable and agree total to general ledger control account.

<span>d.    </span>Review drafts of the financial statements

6 0
2 years ago
A 55 year old woman wishes to remove funds from her Individual Retirement Account to remodel her house. The customer is subject
Sonja [21]

Answer:

D

Explanation:

with the tax you have to pay and the withdraw amount i would say that that woman will have a happy retierment and remodle her house

5 0
3 years ago
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