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
KengaRu [80]
3 years ago
15

Your boss would like your help on a marketing research project she is conducting on the relationship between the price of soda a

nd the quantity of soda demanded. She hands you the following document: Price of Soda Quantity of Soda Demanded (Dollars per can) (Billions of cans) 0.50 2,000 0.75 1,500 1.00 1,000 1.25 750 Your task is to take this________ and construct a graphical representation of the data. In doing so, you determine that as the price of soda rises, the quantity of soda demanded decreases. This confirms the________
Business
1 answer:
sattari [20]3 years ago
5 0

Answer:

Your task is to take this <u>demand schedule</u> and construct a graphical representation of the data. In doing so, you determine that as the price of soda rises, the quantity of soda demanded decreases. This confirms the <u>law of supply and demand .</u>

Explanation:

A demand schedule basically shows us the quantity demanded for a good or service at different price levels.

As the price of a good or service increases, the consumers will be less willing to purchase the good or service, therefore the quantity demanded will decrease. When the price of a good or service increases, this results in a higher opportunity cost for the consumer and a lower consumer surplus.  

Inversely, when the price of the good or service increases, the suppliers will be more willing to produce the good or service, therefore the quantity supplied will increase.

You might be interested in
Pam runs a shoeshine stand at the airport. Pam has no skills, no job expereince, and no alternative employment. Entrepreneurs in
xxMikexx [17]

Answer:.

Explanation:

7 0
3 years ago
How does a global economy impact you?
elena-14-01-66 [18.8K]

Answer:

it impact me because the global helps things to make me smart

Explanation:

mark me brainelest pls

7 0
2 years ago
In economic analysis, the value of your next best option is the
gayaneshka [121]
The value of  the best choice is called ' Opportunity Cost' in economics.
7 0
3 years ago
firms should emphasize the importance of consistently good customer service to its employees so that good customer service becom
ipn [44]

Firms should emphasize the importance of consistently good customer service to its employees in order that good customer service becomes a part of the organizational culture.

Organizational culture is that the collection of values, expectations, and practices that guide and inform the actions of all team members. consider it because the collection of traits that make your company what it's. a good culture exemplifies positive traits that result in improved performance, while a dysfunctional company culture brings out qualities that may hinder even the foremost successful organizations. Organizational culture affects all aspects of your business, from punctuality and tone to contract terms and employee benefits. When workplace culture aligns together with your employees, they’re more likely to feel softer, supported, and valued. Companies that prioritize culture may also weather difficult times and changes within the business environment and are available out stronger.

Learn more about Organizational culture.

brainly.com/question/16049983.

#SPJ4

6 0
1 year ago
A(n) ___________ distribution strategy distributes a product through only a preferred group of retailers in a given area. intens
hjlf

The answer is selective distribution strategy. This type of distribution strategy focuses more on the products that are distributed are to be given to only specific areas and are only selected by the company or the distributor in which is in lined with the statement given above.

6 0
3 years ago
Other questions:
  • Energy-wise Builders, Inc., a leader in residential housing, recently negotiated a financing arrangement with First Pennsylvania
    5·1 answer
  • Small athletic shoe manufacturers such as Vans have targeted niche markets and made shoes designed to satisfy the needs of diffe
    14·2 answers
  • Anemone Company produces picture frames. During the year, 200,000 picture frames were produced. Materials and labor standards fo
    6·1 answer
  • So im 12 yrs old and i have been asked to babysit my neighbors two boys for 4 hours 5 days a week ( one 4 one 2 yrs old) since i
    15·1 answer
  • If the margin of safety for canace company was 20%, fixed costs were $1,875,000, and variable costs were 80% of sales, what was
    6·1 answer
  • Can someone help me please it’s urgent I’ll crown brainliest
    7·1 answer
  • Jared helps people plan for retirement, so they have enough to live on when they're old. He is:
    9·2 answers
  • For the same example as (1), what is the markup if the price is $89 and the cost is $72? Please round your answer to the nearest
    14·1 answer
  • At the beginning of the year, Sigma Company's balance sheet reported Total Assets of $366,000 and Total Liabilities of $28,300 a
    5·1 answer
  • Blue Ice Inc. is an American corporation. The company started out as a partnership between Nick Selver and Rita Andrew in 1985.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!