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3 years ago

Why is the answer C?

Business

1 answer:

pychu [463]3 years ago

5 0

Explanation:

At a price of $4.00, the quantity is 1 + 5 + 8 = 14.

At a price of $2.00, the quantity is 0 + 3 + 4 = 7.

The quantity decreased by 7. So A and B are false.

Ann's supply curve is linear, so her change in quantity will be proportional to the price change. However, Barry and Charlie have nonlinear supply curves, so their change in quantity will not be proportional. So D is false.

Only C is true. At a price of $2.00, Charlie's quantity is 0.

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AlexFokin [52]

Is there a answer choice????

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3 years ago

Massages For You offers single massages at the price of $75. However, if you buy a one-year membership, you will have a monthly

Paha777 [63]

Based on Massages For You offering a lower one-year membership monthly fee, this is called <u>Trading up.</u>

<h3>What is the Trading Up selling technique?</h3>

Trading up refers to when a customer is subtly encouraged to spend more money on a product because a higher quality is offered against a lower quality.

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This is trading up because the lower monthly price will lead to the person spending more on the yearly subscription as opposed to the single massage.

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2 years ago

Following are several figures reported for Allister and Barone as of December 31, 2018: Allister Barone Inventory $500,000 $300,

horrorfan [7]

Answer:

The correct option is C,$795,000

Explanation:

The consolidated inventory of Allister and Barone at year end 31st December is the sum of their individual inventories minus the allowance for unrealized profit on intra-group sales of $180,000

Allowance for unrealized =amount of unsold inventory/total sales*profit on sale

amount of unsold =10%*$180,000=$18,000

total profit on the sale=sales price-cost=$180,000-$130,000=$50,000

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Consolidated inventory=$500,000+$300,000-$5,000=$795,000

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4 years ago

A new machine with a purchase price of $109,000, with transportation costs of $12,000, installation costs of $5,000, and special

Marta_Voda [28]

<span>The machine would have a cost basis of $80,000 - $86,000. All business owners must gain profit from the products that they sell by ensuring that their capital will be returned to them. Putting such costing price gives the owner the capital gains as well as earning back the expenses that he has shelled out in order to purchase the machine to be sold in the market. <span>
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3 years ago

Cost of a short-term bank loan) Jimmy Hale is the owner and operator of the grain elevator in Brownfield, Texas, where he has

zheka24 [161]

Answer:

The rate of interest qouted = 1% + 7% = 8%

The annual interest expenses = $220,000*8%= $17,600.

Mr Hale has to increase the amount of bank balance with bank from $4,000 currently to $44,000 (20% of $220,000). The net amount of money he would recieve= $220,000 -($44,000 - $4,000) = $180,000.

Therefore the net cost of borrowing = ($17,600/$180,000)*100= 9.78%.

if the interest rate is lowered to 7%, then annual interest expenses = $220,000*7%= $15,400.

The net annual cost of borrowing= ($15,400/$180,000)*100= 0.0855555 Or 8.55%.

Since interest rates has fallen, he can accept the project.

Explanation:

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3 years ago