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tatiyna
3 years ago
13

What happens to price when the cost of resources rise or fall?

Business
1 answer:
ziro4ka [17]3 years ago
8 0
Price: The value of goods and services that consumers need to pay in order to get it

Cost: The money needed to manufacture a good

So, if the manufacturing costs increase, the Yota expenditure is also likely to increase. As producers want to maintain or even increase profit margins to satisfy shareholders, the price they set for consumers are also likely to increase.

On the other hand, if there is a decrease in cost of resources, the producer is likely to produce more at every price level. Therefore, lowering the price. It is the law of supply.
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Rose decides she wants to begin her own business, marketing toward online game players. Which of the following best answers the
Licemer1 [7]

The given option is incorrect

The right answer is Paint Space game Online character portraits to sell on her website

Explanation:

It is one of the most important points for your viewers as part of online gaming marketing strategies. Continue posting all your game related things to increase your product thirst. gamer. The higher the number of shares, the higher the chat, all around.

This is another important component of their marketing strategy for online gaming.

Prepare a list of contacts to help them with their game's press release.

As part of their online gaming marketing strategy, it is important that they develop their own website. It will help connect all of their social media accounts to one location and provide an opportunity to track their followers for regular updates.

6 0
3 years ago
Jerry's Flowers had the following cost information related to its purchases of merchandise. Calculate the total cost of merchand
ch4aika [34]

Answer:

$91,100

Explanation:

Calculation to determine the total cost of merchandise purchased

Using this formula

Total cost of merchandise purchased = Invoice cost of merchandise purchases + Cost of transportation in - Purchase returns and allowances - Purchase discount

Let plug in the formula

Total cost of merchandise purchased= $100,000 + $500 - $400 - $9,000

Total cost of merchandise purchased= $91,100

Therefore the total cost of merchandise purchased is $91,100

3 0
3 years ago
If the total utility from consuming the fifth unit of a product is 6 and the total utility from all five units is 162, then the
mylen [45]

Answer:

b) 156

Explanation:

Total utility is the total amount of satisfaction received by a consumer after consuming a given quantity of a product or service. In this question there is the total utility of five product.

Total utility = 162

utility of fifth product = 6

Total utility of other four products = Total utility - utility of fifth product

Total utility of other four products = 162 - 6 = 156

4 0
2 years ago
The doctrine that makes a defendant liable even if the defendant is without fault is called...
Elanso [62]
<span>C: strict liability

I hope this helped ya :)</span>
4 0
3 years ago
_______ has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buy
Hoochie [10]

Global market segmentation has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buying behavior.

<h3><u>Explanation:</u></h3>

The process involved in the identification of a particular segment of customers to sell the products refers to the Global Market Segmentation. Those customers of the groups that has the nature of similar behavior in buying of certain products will be grouped together under this process.

The people in the identified group will have the same purchasing behavior. Thus, when the customers of similar buying behaviors are grouped then the targeting process of the business will become easier. Fir example if you are manufacturing chocolates then it will be easier to target on;ly children and the adults.

8 0
3 years ago
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