Jim transfers money from his money market account to his savings account. This action:_______

A company begins operations in Year 1 and offers a one-year warranty on all products sold. Total appliance sales in Year 1 are $

Aleks04 [339]

Answer: See explanation

Explanation:

Based on the information given in the question, the balance in Warranty Liability at the end of Year 1 and Year 2 will be calculated thus:

Balance in Warranty Liability at the end of Year 1 will be:

= $1,600,000 × 2%

= $1,600,000 × 0.02

= $32,000

Balance in Warranty Liability at the end of Year 2 will be:

= $2,400,000 × 1.5%

= $2,400,000 × 0.015

= $36,000

6 0

3 years ago

For the first time in two years, Big G (the cereal division of General Mills) raised cereal prices by 4 percent. If, as a result

jeka94

Answer:

the coefficient of elasticity is 1.25. therefore demand is elastic

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

5% / 4% = 1.25

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded

5 0

3 years ago

When firms are said to be price takers, it implies that if a firm raises its price: a. buyers will go elsewhere. b. buyers will

MatroZZZ [7]

Answer:

The correct answer is a. buyers will go elsewhere.

Explanation:

This situation occurs when there is competition, that is, other businesses that offer the same or similar products as those of a particular company. In this scenario, the potential buyer will notice the difference according to their previous experiences and will find a way to acquire products from another brand that offer the same satisfaction as the product that rose in price. You must be very cautious with this practice, since it can end up damaging the operation, and in the worst case, leading to bankruptcy.

3 0

4 years ago

Suppose that JVC is trying to decide how to price a new stereo system composed of a receiver, CD player, and speakers. The compa

Kisachek [45]

Answer:

The answer is "Receivers= 200, CD player= 75, Speaker= 250 , and Combined ( bundling )= 500".

Explanation:

As a Receiver

If the value of P = 250, purchase only by students then,

TR = 250 × 10,000 = 2,500,000

If the value of P = 200, buy by both forms

TR = 200×(60,000) = 12,000,000

And higher TR,

P = 200,

For the receivers fee of P = 200

Player CD

Where the value of P = 150

TR = 150 × 10,000 = 1,500,000

If P = 75,

TR = 75×(60,000)

Superior TR with P = 75,

Rapporteurs,

If P = 100, buy both

TR = 6,000,000

TR= 100 × (60,000)

If P = 250, then buy only the club owner

TR = 250 × 50,000

TR= 12,500,000

So taller TR with P = 250

Then the will to pay combined

250 + 150 + 100 = 500 For students

For club members, 200 + 75 + 250 = 525

So if P = 500, you buy both forms

TR = 500 × 60,000 people

= 30,000,000

If only club owners buy P = 525, then

TR = 525 ×50,000

TR= 2,650,000

The higher TR for P is 500.

5 0

3 years ago

The _____ stage of the product life cycle is the longest stage, where sales peak and profit margins narrow. in this stage new us

nalin [4]

The maturity stage of the product life cycle is the longest stage, where sales peak and profit margins narrow. in this stage, new users or new uses may be added to extend the product life.

Introduction, growth, maturity, and decline are the four stages that make up a product's life cycle. Professionals in management and marketing use product life cycles to assist them to decide on advertising schedules, price points, expanding into new product markets, redesigning packaging, and more.

When sales reach their maturity stage, they start to slow down after a period of strong expansion. At this stage, businesses start lowering their prices in an effort to remain competitive against the escalating competition. The product life cycle's mature stage lasts the longest. At this time, the company has reached the peak of the demand cycle, sales growth is starting to slow down, and advertising tactics aren't doing anything to help.

To know more about product life cycle refer to: brainly.com/question/17485582

#SPJ4

3 0

2 years ago

Jim transfers money from his money market account to his savings account. This action:________.