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Stells [14]
3 years ago
6

Suppose OPEC oil cartel announces that it will increase production of oil. Using supply and demand analysis to predict the effec

t of increased production on equilibrium price and quantity, the first step is to show the:
Business
1 answer:
NISA [10]3 years ago
8 0

Answer:

The first step is to show where the supply curve will shift, and in this case, the supply curve will shift to the right.

This is because OPEC has decided to increase oil production, or in other words, it has decided to shift the oil supply to the right. After this, the equilibrium price will probably fall, unless demand also rises proportionally.

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The element of the four c's is associated with the promotion element of th marketing mix
zvonat [6]

Answer:

Communication is the aspect that aligns with promotion when relating the 4 C's to the 4 p’s of marketing. When you promote a product you are using commication to get the product promoted to the consumer.

Explanation:

6 0
3 years ago
Currently, in the United States, the greates volume of goods and services are shipped by
Lerok [7]
Currently, in the United States, the greatest volume of goods and services are shipped by rail. 
5 0
3 years ago
With respect to the roles in the family decision-making process, the individual who performs the physical act of buying the prod
fgiga [73]

Answer: B Influencer

Explanation: The family without a doubt is a major influence on the consumer behaviour of its members. There are many examples of how the family influences the consumption behaviour of its members.

The importance of the family or household unit in consumer behavior arises for two reasons:

1. Many products are purchased by a family unit.

2. Individuals’ buying decisions may be heavily influenced by other family members.

How families or households make purchase decisions depends on the roles of  the various family members in the purchase, consumption, and influence of products. Regardless of how many family members are present when items are being purchased, the other family members play an important role in the purchase.

6 0
3 years ago
Everything else held constant, when bonds become less widely traded, and as a consequence the bond market becomes less liquid, t
Umnica [9.8K]

The demand curve for bonds shifts to the left and the interest rate rises.

  • left; rises

<h3>Influence of the demand curve</h3>

When bonds are not frequently traded, and the market becomes less liquid, the demand for the bonds falls.

As a result, with a fall in demand, the curve will move towards the left. To overcome the less liquid position, bond suppliers will raise the interest rate to attract investors and capital in the market

To overcome the less liquid position, bond suppliers will raise the interest rate to attract investors and capital in the market

Therefore, the correct answers are left and rise.

Learn more about demand curve from here: brainly.com/question/1486483

5 0
2 years ago
Mayree is the owner of Spines Books, a small eclectic-style bookstore in a bustling college town. Mayree prides herself in selec
Mila [183]

Answer:

Inventory turnover

Explanation:

From the question we are informed Mayree who is the owner of Spines Books, a small eclectic-style bookstore in a bustling college town. Mayree prides herself in selecting hard-to-find books and magazines that her clientele enjoy. Recently, Mayree is experiencing a cash flow shortage, and she is concerned that she may be purchasing too many copies of each title. Having recently completed a business class, I can suggest to Mayree that she calculate the Inventory turnover ratio for her store, and then compare it to other stores in her industry. Inventory turnover can be regarded as rate at which particular company make sales of it's stock of goods and make replacement of its stock of goods during a particular period.

The inventory turnover ratio can be regarded as formula which is cost of goods that is been sold divided by average inventory within the same period.

Mathematically,

inventory turnover=[Net sales/ Average inventory at particular selling price]

3 0
2 years ago
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