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2 years ago

B) Assume you are a brand manager of a clothing brand that offers formal clothing for

Business

1 answer:

ss7ja [257]2 years ago

8 0

Answer:

Fashion industry is very dynamic. The reason for low sales is due to change is customer preference for certain type of clothing.

Explanation:

As a brand manager, we need to understand markets trends and then analyse sales. The main reason for constant low sales is mainly due to change in fashion sense of customer. There can be some seasonal effect which cause decline in sales. Normally gents wear t.shirts and formal shirts because they are office going people. They will require formal suiting which will make them feel gentlemen and decent clothing. They will require consistent quality products and if there is any issue with the cloth stuff, they will move to another brand.

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barber charges $20 per haircut. The total cost for running his home-based business is $4,000 per month, which includes his salar

Lelu [443]

The minimum price that the barber must charge to increase his salary to $4,000 for each of the 200 haircuts is A. $25.

Data and Calculations:

Charge per haircut = $20

Total cost per month = $4,000

Monthly salary = $3,000

Other costs per month = $1,000 ($4,000 - $3,000)

Minimum number of haircuts per month = 200

Expected monthly salary per month = $4,000

Total new monthly expenses = $5,000

Minimum price to charge per haircut = $25 ($5,000/200)

Thus, the minimum price that the barber must charge to increase his salary to $4,000 without increasing the number of haircuts is $25.

Learn more: brainly.com/question/14872023

6 0

2 years ago

1. After multiple rounds of layoffs, a plastics processing plant goes into bankruptcy because it has failed to keep up with tech

Gwar [14]

1. After multiple rounds of layoffs, a plastics processing plant goes into bankruptcy because it has failed to keep up with technological developments in the field. It is called dissolution.

2. Crisis is a multinational conglomerate facing a turbulent environment embarks on a cost-cutting campaign instead of spinning off companies and divisions that are no longer in line with the company’s core competencies.

3. Blinded is a college president doesn’t recognize that the availability of free online education is going to dramatically reduce the number of people who are willing to pay for a college degree.

Explanation:

Dissolution is the final phase of liquidation, the closure of a company, and the transfer of the property and assets of the company. Relationship breakup is the first of two phases of relationship termination.

For example, marriage breakdown. It is the last winding-up process of corporate law.

There are several types of circumstances where disaster conditions can be considered. Which include: social disturbance or interruption of the family, as stated at the outset of the lesson. Natural hazards -floods, tornados, storm events, explosions and other natural phenomena incident.

8 0

3 years ago

Indicate the accounts, amounts, and direction of the effects on the accounting equation under the accrual basis.

Alex777 [14]

Answer:

Find the answers in the excel file attached.

Explanation:

The impact of the accounting equation has been shown as well.

Download xlsx

6 0

3 years ago

Use the cost and revenue data to answer the questions. Quantity Price Total Revenue Total Cost 15 90 1350 900 30 80 2400 1500 45

borishaifa [10]

Answer:

What is marginal revenue when quantity is 30 ? 30?

= ($2,400 - $1,350) / (30 - 15) = $900 / 15 = $70

What is marginal cost when quantity is 60 ? 60?

= ($3,150 - $2,250) / (60 - 45) = $900 / 15 = $60

If this firm is a monopoly, at what quantity will profit be maximized?

quantity: 45 units

a monopoly maximizes its accounting profit when marginal revenue = marginal cost, in this case they both equal $50 per unit when total output is 45 units

If this is a perfectly competitive market, which quantity will be produced?

quantity: 45 units

a perfectly competitive firm maximizes its accounting profit when marginal revenue = marginal cost, in this case they both equal $50 per unit when total output is 45 units

Comparing monopoly to perfect competition, which statement is true?

The consumer surplus is smaller with a monopoly.
The monopoly's price is higher.

In a monopoly, output is smaller than the perfectly competitive output. The price charged by a monopolist is also higher. This also results in lower consumer surplus with a monopoly.

Explanation:

Quantity Price Total Revenue Total Cost

15 90 1350 900

30 80 2400 1500

45 70 3150 2250

60 60 3600 3150

75 50 3750 4200

90 40 3600 5400

3 0

3 years ago

Phishing is looking for and reporting online scams. True or False

MAXImum [283]

False. Phishing is usually considered emails that are sent that look genuine but are actually from scammers trying to obtain personal or financial information.

4 0

3 years ago

Read 2 more answers