Ask question

Ask question

All categories

3 years ago

6

A decrease in the price of DVD players leads consumers to buy more DVD players. From this information we can conclude that DVD p

layers a. are normal goods. b. are inferior goods. c. are luxury goods. d. are Giffen goods. e. None of the above is correct.

1 answer:

Andrej [43]3 years ago

3 0

Answer:

E. None of the above is correct.

Explanation:

You might be interested in

After finishing college, Nathan joined his uncle's company in Miami, FL, a company that buys bauxite, copper, and other minerals

julsineya [31]

After finishing college, Nathan joined his uncle's company in Miami, FL, a company that buys bauxite, copper, and other minerals from the country of Chile, and brings them into the U.S. Everyday, he brokers trades with mines in Chile. His uncle's company is in the export-The statement is False

Explanation:

From the information given in the question it is clear that company that buys bauxite, copper, and other minerals from the country of Chile, and brings them into the U.S.-S<u>o Nathan uncles company is an importer of bauxite, copper, and other minerals </u>

<u></u>

<u></u>

The term importer refers to the country who imports goods and service from other countries.

<u>For Example :India imports Oil. ,precious stones,Electronics,Heavy machinery,Organic chemicals,Plastics,Animal and vegetable oil,Iron and Steel.</u>

<u />

<u>Exporting means goods and services which are produced in one country are purchasedby other countries.</u>

5 0

3 years ago

Read 2 more answers

Price discrimination is a rational strategy for a profit-maximizing monopolist when.

MrRa [10]

Answer:

5 is the

Explanation:

ihnbhbis the answer

4 0

1 year ago

A company has annual sales of $160 million, a net profit margin of 4%, and total assets of $90 million. It carries $10 million i

sasho [114]

Answer:

18.29%

Explanation:

Return on Equity is the net profit available for equity/ Total equity value.

Total equity = Total assets - Total debt

= $90 million - $55 million = $35 million

Earnings for equity = Annual sales $\times$ net profit margin 4%

= $160 million $\times$ 4% = 6.4 million

Therefore, return on equity = $\frac{Net\ profit\ for\ equity}{Total\ value\ of\ equity}$

= $\frac{6.4\ million}{35\ million} \times 100 = 18.2857$

Therefore, ROE = 18.29%

4 0

3 years ago

When planning a procurement, it is useful to ______________.

Gre4nikov [31]

Answer & Explanation: When planning a procurement, it is useful to at least conduct a make or buy analysis which aids in determining the most cost effective approach, to consult and liaise with in-house experts in the departments of procurement, human resource, and legal, and also to insure the sponsor of the project signs off on the procurement plan. The goal of procurement planning is to increase the transparency and predictability of the procurement process while also deciding on what to buy, when and from what source.

5 0

3 years ago

Assume that production will increase to 32,000 jars of salsa during june. by how much will the production cost increase compared

VikaD [51]

For every jar Neha buys, she spends $0.95, and buying 9 jars in total, she pays $8.55 in total.

$0.95 x 9 jars = $8.55

For every jar Neha buys, she spends $0.95, and buying 9 jars in total, she pays $8.55 in total.

Learn more about cost here brainly.com/question/14358130

#SPJ1.

6 0

1 year ago