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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 <em>price of cars decreases</em>, then many people will purchase their own cars, which also follows that <em>the demand for gas will increase.</em>

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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What does the term “elastic” describe?

liq [111]

(the flexibility basically)

definition-able to resume its normal shape spontaneously after contraction, dilatation, or distortion.

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4 years ago

You have been looking at several reports containing HRM metrics. You are a bit overwhelmed by all of the information. Then you r

anyanavicka [17]

Answer:

d. HRM metrics must be mapped to business goals

Explanation:

In the case when you are looking to various reports that involved the HRM metrics and you are overwhelmed by all the given information so after that you remember the key statement related to HRM metrics is that it would be mapped with the goals and objectives of the business

Therefore as per the given situation the option d is correct

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3 years ago

Required information Skip to question [The following information applies to the questions displayed below.] Oslo Company prepare

Aloiza [94]

Answer:

The answer is "$1,800".

Explanation:

Given value:

$Sales = \$ 10,000 \\\\Variable \ expenses = 5,500\\\\ Contribution\ margin= 4,500\\\\ Fixed \ expenses= 2,250\\\\ Net \ operating \ income = \$ 2,250$

Solution:

$Particulars \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Amount \\\\ Sales = (900 \times \$ 10) = \$9,000 \\\\Variable\ expenses = (900 \times \$5.50)= -\$4,950 \\\\Contribution\ margin = \$4,050 \\\\Fixed \ expenses = -\$2,250 \\\\Net \ operating \ income = \$1,800$

At this revenue pace (900 units), the net operating income is going to be $1,800.

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3 years ago

Interest versus dividend expense Michaels Corporation expects earnings before in- terest and taxes to be $50,000 for the current

Ganezh [65]

Answer:

a. In case of interest paid = $24,700.

b. In Case Preferred Dividend is Paid = $20,500

Explanation:

Earnings before Interest And Taxes (EBIT) = $50,000

a. In case of interest paid

EBIT = $50,000

Less: Interest = $12,000

Earnings Before Taxes = $50,000 - $12,000 = $38,000

Less: Tax @35% = $38,000 X 0.35 = $13,300

Earnings After Tax =$38,000 - $13,300 = $24,700.

This is the value available for common stock.

b. In Case Preferred Dividend is Paid

EBIT = $50,000

Less: Taxes @ 35 % = $50,000 X 0.35 = $17,500

Earnings After Tax = $50,000 - $17,500 = $32,500

Less: Preference Dividend = $12,000

Earnings available for equity or common stock = $32,500 - $12,000 = $20,500

The difference is of tax benefit on payment of interest as that is taxable and preference dividend is not taxable.

a. In case of interest paid = $24,700.

b. In Case Preferred Dividend is Paid = $20,500

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3 years ago

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AveGali [126]

Answer:

Explanation:

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3 years ago