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3 years ago

Describe at least four factors that affect the demand for a particular commodity.

Business

1 answer:

MrMuchimi3 years ago

5 0

Answer with Explanation:

There are so many factors affecting the demand for a particular commodity. Four of these are: the price of the complements, the income of buyers, changes in trend and advertisements.

1. The price of the complements - Some commodities are complementary with each other, just like cars and gas. If the price of cars decreases, then many people will purchase their own cars, which also follows that the demand for gas will increase.

2. The income of buyers - If the income of a person increases, then he will most likely purchase a particular commodity because he can afford it and has an extra money to purchase goods.

3. Changes in trend - Many people purchase goods because they're on trend. For example, if flare pants are fashionable this year, then the demand for it will increase. Once they're no longer on trend, the demand will drop.

4. Advertisements - The more advertisements a company spends on, the more likely buyers will purchase a specific commodity.

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A new skateboard company, "Sk8ters" opens its doors across the street from the town’s existing skateboard company "Skate House".

Elenna [48]

Answer:

The correct answer is letter "C": predatory pricing.

Explanation:

Predatory pricing is the illegal practice of setting prices below competitors to wipe them out of the market. When the prices decline the situation could be favorable for consumers but after the competition is eliminated the predatory-pricing company is likely to raise the prices. Under that scenario, customers are at a disadvantage because they do not have many options from where to choose.

In the U.S., the Federal Trade Commission (FTC) is the body in charge of analyzing predatory pricing practices.

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4 years ago

Good, Service or Idea: Tutoring someone in math a Good bService C.Idea

il63 [147K]

There all good but if you want answer I will go with service because without service how are you going to learn if your tutor is not there

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3 years ago

The rule of equal marginal utility per dollar spent suggests that consumers maximize utility by A. Equalizing across goods and s

DedPeter [7]

Explanation:

B-Equalizing the marginal utility per dollar spent across goods and services

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7 0

3 years ago

Packard Corporation reports the following information: Net cash provided by operating activities $335,000 Average current liabil

Molodets [167]

Answer:

$165,000

Explanation:

Free cash flow is the net cash cash flow available for the shareholders or for the reinvestment after paying all capital expenditure.

The Depreciation is already adjusted in the Cash Flow from operating activities.

Free Cash Flow = Cash Flow from operating activities - Dividend payment - Capital expenditure

Free Cash Flow = $335,000 - $60,000 - $110,000 = $165,000

Current and Long term liabilities has nothing to do in free cash flow calculations.

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3 years ago

A firm currently has a 43 day cash cycle. Assume that the firm changes its operations such that it increases its receivables per

quester [9]

Answer:

41 days

Explanation:

Calculation to determine What will the length of the cash cycle be after these changes

Using this formula

Cash cycle Length=Cash cycle+Increases in receivables period -Decreases in inventory period -Increases in payables period

Let plug in the formula

Cash cycle Length = 43 days+2 days -1 days - 3 days

Cash cycle Length= 41 day

Therefore What will the length of the cash cycle be after these changes is 41 days

8 0

3 years ago