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
Hatshy [7]
2 years ago
15

When a company spends money for television commercials, it intends to shift the Group of answer choices demand curve to the righ

t and make demand less elastic. supply curve to the right and make supply more elastic. supply curve to the right and make supply less elastic. demand curve to the right and make demand more elastic.
Business
1 answer:
xeze [42]2 years ago
5 0

Answer:

The correct answer is letter "A": demand curve to the right and make demand less elastic.

Explanation:

Investing in advertising has one goal: <em>increasing profits</em>. There are many ways of increasing the revenue of a company being the most common increasing the quantity demanded. However, increasing the quantity demanded -<em>moving the demand curve to the right</em>- implies bringing the prices down -<em>demand law</em>, but we do not know how the market will react.  

Then, advertising should also help institutions marketing that will help them make their products less <em>elastic </em>or less prone to major changes in quantity demanded due to changes in price.

You might be interested in
Zoe Corporation has the following information for the month of March: Purchases $92,000 Materials inventory, March 1 6,000 Mater
Delvig [45]

Answer:

Zoe Company

a) Statement of Cost of Goods Manufactured:

Direct materials cost                 $90,000

Direct labor                                  25,000

Factory overhead                        37,000

Work in process, March 1           22,000

Work in process, March 31        (23,500)

Cost of goods manufactured $150,500

b) Income Statement for the month ended March 31:

Sales                                                                    $257,000

Finished goods inventory, March 1    $21,000

Cost of goods manufactured             150,500

Finished goods inventory, March 31  (30,000)

Cost of goods sold                                              $141,500

Gross profit                                                          $115,500

Sales and administrative expenses                      79,000

Net Income                                                          $36,500

c) Inventory Section of the Balance Sheet as of March 31:

Current Assets:

Inventory:

Materials inventory, March 31              $8,000

Work in process, March 31                   23,500

Finished goods inventory, March 31   30,000

Total inventory                                    $61,500

Explanation:

a) Data and Calculations:

Purchases     $92,000

Materials inventory, March 1 6,000

Materials inventory, March 31 8,000

Direct labor 25,000

Factory overhead 37,000

Work in process, March 1 22,000

Work in process, March 31 23,500

Finished goods inventory, March 1 21,000

Finished goods inventory, March 31 30,000

Sales 257,000

Sales and administrative expenses 79,000

b) Materials inventory, March 1   $6,000

Purchases                                    92,000

Materials inventory, March 31       8,000

Direct materials cost                 $90,000

4 0
3 years ago
________ is characterized by a low degree of departmentalization, wide spans of control, authority centralized in a single perso
laiz [17]

Answer:

Simple Structure

Explanation:

Im pretty sure!

7 0
2 years ago
Cully Furniture buys two products for resale: king beds (K) and queen beds (Q). Each king bed costs $500 and requires 100 cubic
lana66690 [7]

Answer:

1) 500K + 250Q ≤ 80,000

  100K+80Q≤ 30,000

K≥0

Q≥0

P= 400K + 200Q

2) zero king beds and 320 queen beds

or zero queen beds and 160 king beds

3) surplus variable

surplus variable is storage space

values of surplus variable is 14,000 cubic feet if zero queen beds and 160 king beds

value of surplus variable is 4,400 cubic feet if zero king beds and 320 queen beds.

surplus is the extra amount available after all resources have been utilized to theri maximum.

4) none of the resources will be completely used. There will be surplus of both

Explanation:

1) Implicit variables: K≥0 ;   Q ≥ 0

Explicit variables:

500K + 250Q ≤ 80,000-------------------------- from investment constraint

  100K+80Q≤ 30,000 ---------------------- from storage space constraint

LP:  P= 400K + 200Q

2) See the attachment for profit maximization graph

3) From graph in the attachment, it can be inferred that storage space is the surplus variable since graph of that equation lies completely outside of optimal area.

Also,

if K=160 and Q=0, the inequality of investment gives

500(160) + 250(0)= 80,000

if K=0 and Q=320, the inequality of investment gives

500(0)+ 250(320) =80,000

if K=0 and Q = 320, the inequality of space gives

100(0) + 80(320)= 25,600

surplus= 30,000- 25,600= 4,400

if K=160 and Q=0, the inequality of space gives

100(160) +250(0)= 16000

surplus= 30000-16000= 14000

4) K=0 and Q=300

investment inequality gives

500(0) + 250(300) ≤ 80,000

75,000≤ 80,000

space inequality gives

100(0) + 80(300) ≤ 30,000

24,000≤ 30,000

Both space and investment are in surplus

6 0
3 years ago
If a company sales are growing at a rate of 20% annually, how long it will take sales to double?
Zinaida [17]
Use this equation: FVN= $2 = $1(1 + I)N= $1(1.20)<span>N    (With any dollar amount)

</span>The exact answer is 3.8 years, but some calculators will round this value up to the next highest whole number, so maybe 4 years. 
3 0
3 years ago
Which of the following statements is true?
bulgar [2K]

the answer is the letter C

7 0
3 years ago
Other questions:
  • How is the current progressive tax system unfair?
    10·1 answer
  • Which are examples of free enterprise?
    5·1 answer
  • I need help writing a witness statement. I am a domestic abuse therapist in a mock trial and i need to write a witness statement
    11·1 answer
  • Which of the following statements is CORRECT?a. Ethical behavior is not influenced by training and auditing procedures. People a
    10·1 answer
  • Which marketing objective was used because the Fruit Bowls were new to the market?
    13·1 answer
  • The differences between career and non career​
    12·1 answer
  • List the steps of the basic problem-solving procedure
    5·1 answer
  • ABC Corp. has a market capitalization of $300 million and a beta of 0.75. It has $75 million in outstanding debt and its debt be
    7·1 answer
  • What term describes a ban or restriction on trade with another country?
    10·2 answers
  • The efficient markets hypothesis says that beating the market consistently is
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!