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
tino4ka555 [31]
3 years ago
12

Merv's Hardware, a small family-owned store in Middletown, sells a 100-pack of garnet sandpaper for $35. The Home Shoppe, a larg

e retail hardware chain in neighboring Morristown, sells the same product for $29. Based on this scenario, what would you expect Merv's immediate response to be?
Business
1 answer:
frozen [14]3 years ago
8 0

Answer:

Merv's Hardware would most likely try to lower the sale price of the sandpaper. In order to do so, the family store would have to reduce the costs of production, both fixed and variable. It might not still be able to match the $29 price offered by The Home Shoppe, but it could expect to rely on convenience for customers because while the Home Shoppe offers a cheaper product, it is located on another town and some customers may not want to go there.

You might be interested in
One employee is in charge of the following activities at a drive-through of a bank: Activity Activity Time per Customer Greet cu
LiRa [457]

Answer:

26.67

Explanation:

Processing Time = 2 sec + 3 sec + 2 min + 10 sec

2 minutes = 2 x 60seconds = 120

Processing time = 120 + 2+ 3 + 10

= 135 sec

Process Capacity

= 1/135 x 60 (sec/min)

= 0.007407 x 60

= 0.44444

0.44444 x 60 (min/hr)

= 26.67

4 0
3 years ago
Which is a disadvantage of having a traditional economy?
saul85 [17]
The best and most correct answer among the choices provided by your question is the second choice or letter B. A lower standard of living one of the disadvantages of having a traditional economy.

Traditional economy is an original economic system in which traditions, customs, and beliefs shape the goods and the services the economy produces, as well as the rules and manner of their distribution. Countries that use this type of economic<span> system are often rural and farm-based.
</span>

I hope my answer has come to your help. Thank you for posting your question here in Brainly.



7 0
3 years ago
Read 2 more answers
One year ago, Alpha Supply issued 15-year bonds at par. The bonds have a coupon rate of 6.5 percent, paid semiannually, and a fa
Masja [62]

Answer:

option (C) - 6.11%

Explanation:

Data provided :

Coupon rate one year ago = 6.5% = 0.065

Semiannual coupon rate = \frac{0.065}{2} = 0.0325

Face value = $1,000

Present market yield = 7.2% = 0.072

Semiannual Present market yield, r = \frac{0.072}{2} = 0.036

Now,

With semiannual coupon rate bond price one year ago, C

= 0.0325 × $1,000

= $32.5

Total period in 15 years = 15 year - 1 year = 14 year

or

n = 14 × 2 = 28 semiannual periods

Therefore,

The present value = C\times[\frac{(1-(1+r)^{-n})}{r}]+FV(1+r)^{-n}

= \$32.5\times[\frac{(1-(1+0.036)^{-28})}{0.036}]+\$1,000\times(1+0.036)^{-28}

or

= $32.5 × 17.4591 + $1,000 × 0.37147

= $567.42 + $371.47

= $938.89

Hence,

The percent change in bond price = \frac{\textup{Final price - Initial price}}{\textup{Initial price}}\times100\%

= \frac{\textup{938.89-1,000}}{\textup{1,000}}

= - 6.11%

therefore,

the correct answer is option (C) - 6.11%

4 0
3 years ago
Answer the following questions using the information below: Cannady produces six products. Under their traditional cost system u
vampirchik [111]

Answer:

Given this change in the cost, the adequacy and quality of the estimated cost drivers and costs used by the system will determine the costing results for SR6 under the new system.

Explanation:

A cost driver can be described as the unit of an activity or any factor that makes the cost of an activity to fluctuate. An estimated cost driver is adequate and of the expected quality when quality or quantity is satisfactory or acceptable.

Therefore, given this change in the cost, the adequacy and quality of the estimated cost drivers and costs used by the system will determine the costing results for SR6 under the new system.

8 0
2 years ago
If an organization ensures that a chain of command or hierarchy is well established, which characteristic of an effective bureau
Vika [28.1K]

I believe the correct answer is Hierarchical Authority

Wеbеr's thеοriеs, dеvеlοpеd at thе turn οf thе 20th cеntury, hеlpеd dеfinе thе еcοnοmic and pοlitical systеms еmеrging frοm thе highly cοncеntratеd authοrity οf hеrеditary rulеrs and thеir suppοrtеrs. Thеy dеfinеd many 20th-cеntury institutiοns. Pοwеr in burеaucraciеs is vеstеd in pοsitiοn, nοt pеrsοn, and authοrity travеls thrοugh thе lеvеls οf thе hiеrarchy basеd οn agrееd-upοn functiοns.

3 0
3 years ago
Read 2 more answers
Other questions:
  • A perfectly competitive firm Select one: a. picks the price that leads to the largest market share. b. chooses its price to maxi
    9·1 answer
  • Effective controls relevant to the efficiency of purchases will result in proper evaluation of the time for ordering merchandise
    9·1 answer
  • Which characteristic of organizational culture is present in a high degree at the law firm in the Think like a manager: Organiza
    15·1 answer
  • I am not a member of a credit union, therefore I _____ use any of its services.
    6·2 answers
  • The following four employees all feel committed to the organization they work for. Jennifer feels it will be difficult to find a
    11·1 answer
  • 10. Publishing representatives who call on college professors to inform them of their company's new publications have a great de
    8·1 answer
  • Type the correct answer in the box Spell all words correctly
    12·2 answers
  • Prepare journal entries to record each of the following transactions. The company records purchases using the gross method and a
    13·1 answer
  • What are some of the various potential sources for business credit? Give at least three examples
    10·1 answer
  • A physical count of supplies on hand at the end of May for Masters, Inc. indicated $1,253 of supplies on hand. The general ledge
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!