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
Stells [14]
3 years ago
8

The following companies and scenarios are fictional. In each case, you are to demonstrate graphically the change in the model an

d then provide a hypothetical explanation of what happened.
1. Becky’s Bongos sales are falling even while they continue to decrease price.
Business
1 answer:
SashulF [63]3 years ago
7 0

Answer:

The fact that Becky Bongos sales are falling continually even though they keep decreasing the price shows that <em>the underlying problem is not as a result of the customers' dissatisfaction with price</em>. The underlying problem can be any <em>other factors like not paying attention to customers' needs, poor quality of the commodity, lack of proper marketing, and the presence of a superior competition</em>. The solution is not the reduction of price but rather, a closer look should be paid to these other factors.

You might be interested in
What are the resources og microeconomics?
VikaD [51]

Answer:

resources like land, tools, money, time, labor and enterprise

5 0
2 years ago
Read 2 more answers
The liabilities of Wildhorse Company are $113,000 and the owner’s equity is $235,000. What is the amount of Wildhorse Company’s
kirill [66]

Answer:

$122,000

Explanation:

i dont know i just subtracted ¯\_(ツ)_/¯

8 0
3 years ago
From 2007 to 2012, the u.s. personal savings rate rose. if the additional savings were not translated into investment, keynes wo
ankoles [38]
Keynes would predict that aggregate income would decline, but rise in the future, if the additional savings were not translated into investment.
According to the Keynesian model. the government puts price controls on the economy, keeping the price level fixed.
6 0
3 years ago
Describes how consumers ______ purchase decisions and how they _____ and _________ of the purchased goods and services. It inclu
algol13

Answer:

Make - Use - Dispose

Explanation:

Consumer Behavior describes how consumers make purchase decisions and how they use and dispose of the purchased goods and services. It includes factors that influence purchase decisions. In order to make and build successful brands, knowing consumer behavior is very important. Large organisations and brands are always in search of exploring and knowing what consumers are purchasing, how they are purchasing, when they are purchasing and how much they are purchasing. They are also in search of who actually make the buying decision, how he or she makes that decision, how many people are involved in buying decision and how they use their products etc.

8 0
3 years ago
One of the lessons that we learned from the Ford Pinto case was that:_________
Oksi-84 [34.3K]

Answer: option 3

Explanation:

Background to the case:

The cases involving the explosion of Ford Pinto's due to a defective fuel system design led to the debate of many issues, most centering around the use by Ford of a cost-benefit analysis and the ethics surrounding its decision not to upgrade the fuel system based on this analysis.

Basis of analysis:

Should a risk/benefit analysis be used in situations where a defect in manufacturing could lead to seriously bodily harm and even worse death, such as in the Ford Pinto situation?

Rule of the court:

There hasn’t really been a definite decision about the case and arguments both for and against such an analysis have been made. It is an economically efficient method which has been accepted by courts for numerous years, however, juries may not always agree, so companies should take this into account.

Discretion is expected to be used.

6 0
3 years ago
Other questions:
  • ​Jessica's job as the director of the humane shelter is exhausting and can be heartbreaking at​ times, but she loves her job bec
    7·1 answer
  • An administrator has configured wsus settings to be applied via a group policy object linked to a specific ou in her organizatio
    10·1 answer
  • Which benefit typically costs an employer the most to provide?
    7·1 answer
  • 12. Assume there are 3.5 billion Internet users worldwide and 900 million of those are in Europe. What percentage of
    11·1 answer
  • Laura has an equity portfolio valued at $11.2 million that has a beta of 1.32. She has decided to hedge this portfolio using SPX
    8·1 answer
  • The ____ method indicates whether value is expected to be created for shareholders
    6·1 answer
  • Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies fo
    14·1 answer
  • Which person's unemployment is an example of frictional unemployment?
    13·1 answer
  • You have decided it’s time to buy a house, and you have found the one you want. The price is $500,000, and you will pay 10% in
    14·1 answer
  • which factor in the business environment does be wiser need to address in order to stay abreast minimum wage
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!