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andrew11 [14]
3 years ago
7

If consumers start to believe they need a product, what is likely to happen? A. The demand becomes less elastic. B. The demand b

ecomes more elastic. C. The supply decreases. D. The price decreases. Please select the best answer from the choices provided A B C D
Business
1 answer:
lina2011 [118]3 years ago
7 0
I believe it’s B but I did just search up what elastic means coz I haven’t learnt that
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Northwood Company manufactures basketballs. The company has a ball that sells for $25. At present, the ball is manufactured in a
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Answer:

A. 37,500 balls

B.2.67

Explanation:

A. Compution for the CM ratio and the break-even point in balls.

First step is to calculate the Contribution margin

Selling price $25 100%

Variable expenses $15 60%

Contribution margin $10 40%

($25-$15)

Now let calculate the CM ratio and the break-even point in balls using this formula

Unit sales to break even=Fixed expenses/Unit contribution margin

Let plug in the formula

Unit sales to break even=$375,000/$10

Unit sales to break even= 37,500 balls

Therefore the CM ratio and the break-even point in balls will be 37,500 balls

b. Computation for the degree of operating leverage at last year

Using this formula

Degree of operating leverage =Contribution margin/Net operating income

Let plug in the formula

Degree of operating leverage=$600,000/$225,000=

Degree of operating leverage = 2.67 (rounded)

Therefore the degree of operating leverage at last year will be 2.67

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3 years ago
Gary is the marketing manager for an automobile dealership. his boss tells him the firm's primary goal is to increase its local
Ksju [112]
His firm is using a sales orientation
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3 years ago
Which sentence de-emphasizes the credit refusal?We cannot grant you credit at this time, but we welcome your cash business and e
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Answer:

Although credit cannot be granted at this time, we welcome your cash business and encourage you to reapply in the future.

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In business communication when conveying a message that is not pleasant to the other party, it is advisable to demphasise the bad news and focus on the good news in your statement.

This will create a more positive environment that promotes future business.

In the first statement the client was just told - We cannot grant your credit at this time.

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In the second statement the client was told - Although credit cannot be granted at this time.

Using the word although demphasises the credit rejection and focuses more on the client's cash business and the possibility of reapplying in the future.

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A Strategy is an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage..

<h3>What is Strategy? </h3>
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  • The phrase was first used in the 6th century C.E. in terms of the "art of the general," which covered a number of subsets of talents such as military tactics, siegecraft, logistics, etc. It was only in the 18th century that the term was translated into Western vernacular languages.
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To learn more about Strategy with the given link

brainly.com/question/15860574

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too much is the answer.

Explanation:

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