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Temka [501]
3 years ago
10

Between 2003 and 2005, there was huge growth in the market for premium blue jeans priced at $200 or more per pair. Popular magaz

ines showing celebrities wearing certain brands largely fueled the growth. Then, in the summer of 2005, major department stores started cutting prices on the jeans; they were also found on websites that offer jeans at discount prices. Use the economic concepts that you learned to describe what is happening in this market.
Business
1 answer:
zimovet [89]3 years ago
6 0

Answer:

Following are the solution to the given question:

Explanation:

Huge demand increase inside the Blue Jeans market led to rising costs between 2003 and 2005. The contour of desire went right.

With pricing just above the previous level, the producers are motivated to create more and therefore to increase the demand side and shift its supply curve to the right.

Greater amounts supplied produced a surplus in blue jeans that could only be sold if the prices decreased to attract buyers (the supply side), creating a new balance at a clean cost.

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"A respondent of a survey is asked whether their most recent dining experience was excellent, good, fair, or poor. The person in
34kurt

Answer:

The correct word for the blank space is: Ordinal.

Explanation:

Ordinal data is one of the four (4) types of measurement scales that values in order of importance the rating that can be provided over a subject. However, the difference between each of the rates is not clear. Usually, this approach aims to measure <em>comfort, experience </em>or <em>satisfaction</em>.

4 0
3 years ago
Dominique's health insurance plan requires that all tests and specialist visits
Artyom0805 [142]

Answer:

The right option is A that is HMO

Explanation:

HMO is the term which stated as the Health Maintenance Organization, which is a kind or type of the plan that offers a wider range of the services of health  cares via or through a network of providers who agreed in order to supply the services to the members.

So, HMO is the kind of insurance plan where all tests and the specialist visit need to be approved by the doctor.

7 0
3 years ago
Read 2 more answers
A JIT system uses kanban cards to authorize movement of incoming parts. In one portion of the system, a work center uses an aver
ycow [4]

Answer: 4 containers

Explanation:

The formula used to get the number of containers that are needed will be:

N = DT(1+X)/C

where,

N = total containers

D = planned usage rate used by the work center = 111 parts per hour

T = average waiting time = 100 minutes = 100/60 hours = 1.67 hours

X = inefficiency factor = 0.21

C = capacity of standard container = 5 dozens = 5 × 12 = 60 parts

N = DT(1+X)/C

N = (111 × 1.67)(1 + 0.21)/60

N = (185.37 × 1.21)/60

N = 224.2977/60

N = 3.738

N = 4 approximately

4 containers will be needed

4 0
3 years ago
Scoop Masters Inc. has been charged by Fab Flavors Corp. with stealing Fab Flavors' patented process for making ice cream. After
amm1812

Answer:

No - FALSE

Explanation:

Scoop Masters Inc. has been charged by Fab Flavors Corp. with stealing Fab Flavors' patented process for making ice cream. After the papers are filed, Scoop Masters begins shredding all documents pertaining to its ice cream-making process. Since no motion has been made requesting production of documents, Scoop Masters has done nothing wrong is a false statement. Scoop Masters Inc. has done really wrong. They have stolen someone else's idea of making a product even without their consent and then without mentioning their name and rights and trademarks. Moreover, they shredded all the proof in order not to be caught by the court in law. They have some serious crime which is totally wrong and unacceptable in all cases at all grounds.

8 0
3 years ago
asino Inc. expects to pay a dividend of $3 per share at the end of year 1 (Div1) and these dividends are expected to grow at a c
pentagon [3]

Answer:

the current stock of the value today is $25

Explanation:

The computation of the current stock of the value today is shown below:

Next year dividend D1 = $3

growth rate g =6% forever

rate of return = 18%

So,

Current Stock Price P = D1 ÷ (r - g)

=3 ÷ (18% - 6%)

= 3 ÷ 12%

= 3 ÷ 0.12

= $25

Hence, the current stock of the value today is $25

5 0
3 years ago
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