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Sergeeva-Olga [200]
3 years ago
10

Vivian conducted market research on her company's products. She found that after the company raised the price of its product by

$1.50, the demand in the uptown region remained the same with only minor fluctuations. However, she found that the demand in the downtown region dropped by 20 percent after the price change. How should Vivian take these demands into consideration?
Business
1 answer:
ANTONII [103]3 years ago
8 0

Answer:

One important factor that Vivian needs to consider is that demand changes as a result of changes in price, however, other factors could affect the demand for goods or services, examples are, changes in the price of related goods, the income of the people, changes in preference etc.

Therefore, based on this fact, Vivian should consider "Price elasticity of demand." Price elasticity of demand can be defined as a measurement used in economics to show the responsiveness or elasticity of the quantity demanded of a good or service to a change in its price when nothing but the price changes.

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There are many account representatives who can help you with your order is an example of a cliche.
kenny6666 [7]

The statement"There are many account representatives who can help you with your order is an example of a cliche." is FALSE.  This is further explained below.

<h3>What are account representatives?</h3>

Generally, A professional who typically works on teams that are responsible for providing customer support and creating relationships is known as an Account Representative. They bring in revenue through establishing new customer connections and fostering those that are already in existence. They collaborate with clients on an as-needed basis throughout each step of the development process.

In conclusion, The convenience factor is one of the many benefits that listeners may get from podcasting as a form of advertising.

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6 0
2 years ago
The last transaction in the federal funds market occurred in 2008 because
xenn [34]
It was because of the Great Recession. This financial crisis caused several governmental policies regarding federal funds  to be restructured (although changes in the policies were already in discussion even before the disaster). Since then, the federal funds rate has always been near to zero and basically negligible. Hence the Great Recession of 2008 was the reason behind the last federal funds transaction being in 2008.
6 0
3 years ago
The New American Enterprise Mutual Fund's portfolio is valued at $120,000,000. The fund has liabilities of $4,000,000, and the i
sasho [114]

Answer:

e. $20

Explanation:

The net asset value (N) for The New American Enterprise Mutual Fund's portfolio is given by the funds total value ($120,000,000) subtracted by its liabilities ($4,000,000)  and then divided by the number of shares issued (5,800,000) .

N = \frac{\$120,000,000-\$4,000,000}{5,800,000} \\N=\$20

The fund's net asset value is $20

3 0
3 years ago
When the selling division in an internal transfer has unsatisfied demand from outside customers for the product that is being tr
Kruka [31]

Answer: c. the market price charged to outside customers

Explanation:

When a division is able to sell its products to customers outside the company for a certain price but instead has to transfer these to another division in the company, the minimum transfer price will have to be the selling price to the customers outside so that the division would not make losses.

The division that this good is transferred to will then reflect the cost of acquiring the goods as that selling price. This cost will be accounted for when the new division wants to sell their own goods that way this cost will be recuperated on a company level.

6 0
3 years ago
Match these vocabulary words with their definitions.
belka [17]

Answer:

1. against a permanent combination of businesses for the purpose of controlling the production or price of goods - antitrust

2. the mass movement of rural people to the urban areas of the country - Urbanization

3. the merging of businesses into one large organization - Consolidation

Explanation:

Consolidation:

The combination of many business and several other companies combined together is called the consolidation. Consolidation literally mean "merging". This is done to improve the operational efficiency and to avoid the repetitive process.

Urbanization:

This supports rural people to migrate to urban areas, so the urban areas get expanded. You can see changes in land use, economic activities and also culture.

Anti-trust: It is actually a law to promote competition for the benefit of consumers.

6 0
4 years ago
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