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
otez555 [7]
3 years ago
12

Which of the following statements about pricing is true? Small changes in price can have big effects on company profit but not o

n the number of units sold. Small changes in price can have big effects on the number of units sold but not on company profit. Small changes in price can have big effects on the number of units sold and also on company profit. Compared to the other 4P’s, pricing is important because once an item has been priced, changing its price can be quite difficult.
Business
1 answer:
Nikitich [7]3 years ago
3 0

Answer:

<em>Small changes in price can have big effects on the number of units sold and also on company profit</em>

<em></em>

Explanation:

Small change in price will definitely have an effect on the amount of units sold due to a corresponding change in demand that will follow this change, and also will affect the amount of profit that the company generates. <em>This changes can either be positive or negative to the company</em>. Example is the increase in price of coca-cola might trigger customers into switching to pepsi-cola, resulting in a reduced demanded quantity which means less units are produced. The overall effect of these will leave the company with less profit.

You might be interested in
When we watch a production of Hamlet, we know that the actors playing Gertrude and Hamlet will not actually die after being pois
notsponge [240]

Answer:a. Willing suspension of disbelief

Explanation:

What does this phrase mean?

It occurs when we accept event as believable so that we can enjoy the the story line.

This occurs when we watch drama or read a story on the book evethough we know that these are just characters and non of this is true but still in order for us to enjoy the story to the fullest we willingly accept these characters as real in order to have a true feeling towards the story and it's message.

It like when we watch a sad movie and we find ourselves crying because we have accepted the characters to be true in order to fully enjoy the story.

8 0
2 years ago
The AFL represented: a. A Knights of Labor committee that handled the strategic planning duties and a group that supported the b
GREYUIT [131]

Answer:

OPTION (e) is the right answer.

Explanation:

AFL is been expressed as <u>a federation or service organization that unions could join and still retain their separate identities and collective bargaining firms</u><u>.</u> Because the organization did not strive to organize untrained laborers, they made few profits among new laborers around the year 1920, meanwhile, the increase of the economy took place during mass productions such as rubber, automobiles, chemicals, as well as services.

7 0
2 years ago
Economic regulation occurs when
bonufazy [111]
The correct option is D.
Economic regulation refers to imposition of rules by a government, backed by the use of penalties that are specifically targeted at modifying the economic behavior of individuals or industries in the private sector. Regulation is often used to narrow down choices in the targeted area.
7 0
3 years ago
Brooklyn sells a single product to wholesalers. The company's budget for the upcoming year revealed anticipated unit sales of 33
ELEN [110]

Answer:

E. not change.

Explanation:

The break even point is a point at which the company produces a quantity at which it does not earn any profit or face any losses, so it is a point where the revenues are equal to cost. The break even quantity depends on the fixed cost, variable cost and price of the product and not on the quantity sold. So when the Brooklyn Unit sales are 300 units less than expected it wont change the break even point because the break even point has no relation to it.

8 0
3 years ago
Amerigo grew up speaking both English and Italian with his family, and he believes that knowledge of more than one language is a
alex41 [277]

Answer: B, Amerigo could work with school administrators, the principal, and private tutors to find the time, money, and classroom space for tutors to give after-school Italian lessons.

Explanation:

              Edge 2020.

4 0
3 years ago
Read 2 more answers
Other questions:
  • A company scientist at a biotechnology company decides to work on his own research project, hoping to eventually start his own f
    12·1 answer
  • Jim and Sue were going to be married and were very much in love. Before the wedding date, they went out for coffee and orally ag
    8·1 answer
  • A current trend in management is to include ______ in the strategic planning process. Group of answer choices customers and supp
    10·1 answer
  • In what federal body do all bills concerning taxes/revenue originate?
    8·1 answer
  • Why would a manager dump a potentially hazardous waste into a river
    14·2 answers
  • Brody and tanya recently sold some land they owned for $200,000. they received the land five years ago as a wedding gift from br
    9·1 answer
  • Account balance of 1723.57 the interest rate of the account is 3.4% compounded daily. If the account was opened 9 years ago, wha
    13·1 answer
  • Recently Kaden switched jobs from a large firm to a medium-sized firm. As one of four project managers at the new firm, Kaden re
    12·1 answer
  • Alex Meir recently won a lottery and has the option of receiving one of the following three prizes: (1) $64,000 cash immediately
    15·1 answer
  • Consider a situation where N consumers interact with a monopolist in a market. Half of these consumers (γ 0.5) have low demand,
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!