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3 years ago

Which may occur as a result of a decrease in the price of laptop computers?

Business

1 answer:

Nimfa-mama [501]3 years ago

5 0

Answer:

Increase in quantity demanded

Explanation:

Demand for a product is the different quantities of that product that consumers are willing and ready to pay for at different prices.

There are many factors that affect the demand for a product; these include change in the price of the product, price of related products, change in consumer income, change in fashion, taste and style.

Change in quantity demand

Specifically, the law of demand states that there is an inverse relationship between quantity demand and its price. Change in quantity demand is a movement along the demand curve.

A change in the price of a product will produce an opposite change in the quantity that consumers are willing to buy assuming all other factors do not change. This is referred as to as change in quantity demand. This can either be an increase or a decrease depending on the direction of the price movement.

Change in demand

Change in demand is the shift in the demand curve to either right or left. This can be attributed to any of the factors that affect demand other the price e.g change in income.

Therefore a decrease in the price of laptop computers will lead to an increase in the quantity demanded .

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Based upon the following data for a business with a periodic inventory system, determine the cost of merchandise sold for August

mamaluj [8]

Answer:

Cost of merchandise = $235150

Explanation:

Below is the calculations:

Cost of merchandise = Opening inventory - ending inventory + purchases - purchase return - purchase discount + freight

Now plug the value in the above formula:

Cost of merchandise = 96610 - 100530 + 254660 - 13340 - 6320 +4070

Cost of merchandise = $235150

5 0

3 years ago

Why would the federal reserve enact an easy money policy

kirza4 [7]

Answer:

Easy money is a representation of how the Fed can stimulate the economy using monetary policy. The Fed looks to create easy money when it wants to lower unemployment and boost economic growth, but a major side effect of doing so is inflation.

Explanation:

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2 years ago

Corinne works in procurement for a major electronics company. One of her challenges is ensuring that raw metals, such as tungste

kvv77 [185]

Corinne is very excited because she works with a new company that uses due diligence to track these precious metals from mine to manufacturer to ensure they are not "conflict metals. ".

<h3>What is Due Diligence?</h3>

This refers to the conscious steps which a person takes in order to ensure that he is not committing an offense or taking a good background check.

Hence, we can see that because of Corinne's work with a major electronics company, she is charged with doing due diligence on the raw materials to ensure that they are not "conflict metals. ".

Read more about due diligence here:
brainly.com/question/26383473

8 0

2 years ago

Wood Dreams makes hand crafted furniture in its retail stores. The furniture maker has recently installed a new assembly process

Sophie [7]

Answer: 204.76%

Explanation:

In the earlier scenario, furniture maker manufactured 47 (42 non defective) pieces per 5 laborers working 8 hours day.

Thus, the productivity in terms of units per labor hour is as follows:

$= \frac{42}{8\times5}$

= 1.05

Similarly, after the process improvement, the productivity in units per labor hour would be:

$= \frac{128}{8\times5}$

= 3.2

Thus change in productivity would be calculated as:

$=\frac{3.2-1.05}{1.05}\times100$

= 2.047 × 100

= 204.76%

Thus, the productivity of non defective parts would increase by 204.76%.

4 0

3 years ago

Elaine is in the process of buying a new car. There are many possible cars to choose from, but she is focused on a few she would

statuscvo [17]

Answer: evoked set

Explanation:

In simple words, evoked set refers to the collection of brands that initially comes in the mind of the consumer when he or she is willing to buy a product in market. These are the brands that are of high significance to the customer and that individual customer completely trust such brand.

Every producer in the market wants to be in the evoked set of the consumer as there is a high probability that customer will choose to buy their willing commodity form such a set. However, positioning in evoked set cannot be marked quickly as it depends on various factors such as duration, quality and price etc.

4 0

3 years ago