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SVETLANKA909090 [29]
3 years ago
10

A flower delivery business wants to raise their overall sales volume to increase profit. After analyzing their costs, they choos

e their most popular line of flower arrangements and run a promotion on those arrangements. How would this promotion lead to higher profits?
A) By lowering the cost of the flower arrangements to increase margin.
B) By raising the revenue to increase demand.
C) By lowering the price of the flower arrangements to increase demand.
D) By raising the margin on the arrangements to increase revenue.
Business
1 answer:
Mrac [35]3 years ago
7 0

Answer:

C) By lowering the price of the flower arrangements to increase demand.

Explanation:

According to the law of demand, the lower the prices, the higher the quantity demanded and the higher the price ,the lower the quantity demanded.

When prices are reduced, demand increases, revenue increases and net profit increases.

I hope my answer helps you.

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Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are p
adoni [48]

Answer:

Production 830,000

Explanation:

$$Beginning Inventory + Purchase = Ending Inventory + COGS

- FG(units)

Beginning 31,000

Ending 81,000

Sales 780,000

Production 830,000

<em>sales + ending - beginning = production</em>

<em />

We are asked for the finished good units to produce.

The raw materials are irrelevant in this question.

4 0
3 years ago
Which of the following positions refers to a functional manager
lbvjy [14]
The where’s the picture !!
5 0
3 years ago
Read 2 more answers
The Hays company is a regional soda company in the Midwest. It started out making a handful of sodas like cola, diet-cola, orang
valina [46]

Answer:

Competition and consumer trends

Explanation:

The Hays company makes a variety of products including sodas like cola, diet-cola, orange soda. Initially it had less competition, but more companies have entered the market.

Due to increased competition the Hays company will need to develop strategies to gain competitive advantage and by extension market in the more competitive market.

Also consumer trends is nowoving towards speciality sodas. The company will need to reduce the variety of sodas they produce and specialise in the product the consumers prefer.

8 0
3 years ago
When we compare the factors of production in wealthy and poor nations, we find: A. poor nations have plenty of land and knowledg
mafiozo [28]

Answer:

C.wealthy nations have knowledge and entrepreneurial opportunities, while poor nations are often lacking in these areas

Explanation:

Factors of production includes:

1. Land - land includes all natural resources

2. Capital - includes machinery, tools used in the production of goods and services

3. Labour - includes all human effort expended in the production of goods and services

4. Entrepreneurship - coordinates all factors of production.

Poor countries have high levels of illiteracy, so they don't have an abundance of knowledge. Poor countries are usually overpopulated, so they usually have high Quanitity of labour.

On the other hand, rich countries have high literacy levels, so, they have an abundance of knowledge.

I hope my answer helps you

6 0
3 years ago
Ashley is single and lives with Barney, her boyfriend, and Candy, his 8-year-old daughter. Ashley paid all of the support for he
julsineya [31]

Answer:

Ashley may not claim Candy as her dependant even if other requirements are met.

Explanation:

Ashley is single and lives with Barney, her boyfriend, and Candy, his 8-year-old daughter. Ashley paid all of the support for her household in 2018. Barney has earned income of $2,500 and had income tax withheld from his wages. He has no other income and is not required to file an income tax return. With one qualifying child, Barney may claim an earned income credit. Barney files an income tax return solely to obtain a refund of withheld income taxes and does not claim EIC. Because Barney does not have a filing requirement and filed only to obtain a refund of withheld income taxes, Candy is not considered the qualifying child of Barney or any other taxpayer

Based on the explanation given Ashley cannot claim Candy as an independent because of the tax payer rule. If other requirements are met, Ashley cannot claim Candy as dependent because the girl in question isn't her child . Moreover, Candy is the full responsibility of Barney. Candy is under Barney's care and is solely required by law to take care of her.

4 0
3 years ago
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