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Komok [63]
3 years ago
13

What happens to the demand for

Business
1 answer:
Ket [755]3 years ago
7 0

Answer:

Demand decreases

Explanation:

Substitute goods are products that can be used in place of each other. Goods are described as substitutes if a customer can use them interchangeably and get equal or almost the same satisfaction. Tea and coffee will be substitutes if a customer can consume either of them and be happy.

If the price of a substitute good declines, customers will prefer consuming it instead of the other product. The other product's demand will decrease due to a change in customer preferences as a result of a lower price.

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Craig can see that his present plan will not provide sufficient cash. If Craig did not budget but went ahead with the original p
andrezito [222]

Answer:

A set of business plans has to be established for Craig not to be totally broke in December

Explanation:

Below are sets of plan to take on for an effective business plan to yield growth

  • Establish a results-driven planning process with prompts and definition of specific business terms and procedures.
  • Organize the distinct business ideas possessed into an attractive yet concise visual format.
  • Develop and monitor forecasts and budgets to see if there is a potential of the business to yield money.
  • Work on convincing targeted investors with a proven and strategic format that should impress them.
  • Seek professional advice and real life examples while working on yours.
  • Consistently monitor the business you started using a unique dashboard and see how progressive you have been, the hurdles being encountered, and facilitating ways to better improve the said business.

With strict adherence to the above outlined plans, Craig does stand a chance of making profits and not being broke at December

7 0
3 years ago
What is the required return for a stock that has a constant-growth rate of 3.3%, a price of $25, an expected dividend of $2.10,
Sav [38]

Answer:

11.7%

Explanation:

The required rate of return = (D1/ / price) + g

The required rate of return = (2.1 / 25) + 0.033

The required rate of return = 0.084 + 0.033

The required rate of return = 0.117

The required rate of return = 11.7%

8 0
3 years ago
A negative balance of trade is called:
makkiz [27]

Answer:

i dunno

Explanation:

maybe 10

4 0
3 years ago
Read 2 more answers
The Internet raises the bargaining power of customers by: A. reating new opportunities for building loyal customer bases. B. mak
Stels [109]

Answer:

C. making information available to everyone.

Explanation:

The Internet raises the bargaining power of customers by making information available to everyone. The reason for this is that the bargaining power is the degree of influence customers have to force businesses to provide better products and lower price and the internet allows everyone to have access to  lot of information which helps customers to learn about features, prices, differences in products and substitutes and this helps the customers to be educated and be sensitive about the price of the products increasing the bargaining power they have.

8 0
3 years ago
A company received a bill for newspaper advertising services received, $400. The bill will be paid in 10 days. How would the tra
Aleksandr-060686 [28]
Debit Advertising expense $400, credit accounts payable 400.
6 0
4 years ago
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