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lys-0071 [83]
3 years ago
9

A local grocery store has decided to charge customers for bags. Which TWO statements describe how customers will MOST LIKELY res

pond to this change?
A. Customers will buy more goods in bulk.
B. Customers will purchase more goods.
C. Customers will visit the store more often.
D. Customers will shop at other grocery stores.
E. Customers will bring reusable bags to the store.
F. Customers will exclusively use grocery delivery services.
Business
2 answers:
Svetradugi [14.3K]3 years ago
8 0

In this scenario, option C and D are the most likely response of the customers.

When a grocery store charges customer for bags, customers will definitely move to other grocery stores who don't charge for the bags, or they will bring the reusable bags from home to collect their groceries.

Other options are less likely to be responded by the customers. Because if they buy goods in bulk, they will need more bags and have to pay for them eventually.

Papessa [141]3 years ago
5 0

Answer:

D. Customers will shop at other grocery stores.

E. Customers will bring reusable bags to the store.

Among the given options only the two choices above are most likely:

When the local grocery store decides to charge for bags, most of the people might prefer to carry reusable bags to carry their groceries.  

However, the grocery store’s decision to charge for bags might not go too well with some customers, who in turn, might decide to shop at other grocery stores that do not charge for bags.


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Zach wants to take his family on a cruise in 4 years and he estimates the cost of the cruise will be $16,500. How much money sho
Law Incorporation [45]

Answer:

$118.83 per month that Zach must save.

Explanation:

This is a future value annuity as we know the cruise will cost $16500 in 4 years time as estimated by Zach for the cruise.

Fv is the future value for the annuity which is $16500

we also have i the interest rate which is 3.99% monthly

n is the number of periods in which the monthly amount is saved 4 x 12 =48

now we will substitute to the following formula and solve for C the monthly payments that Zach saves for the cruise:

Fv =C [((1+i)^n -1)/ i] now we substitute

$16500 = C[((1+3.99%)^48 -1)/3.99%)] then solve for C

$16500/[(1+3.99%)^48 -1)/3.99%] = C

C = $118.83 that Zach must save per month for 4 years to afford the cruise.

6 0
3 years ago
Collecting the principal on a loan to another company would be reported on the investing activities section of the statement of
Komok [63]
Answer
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3 years ago
Management's assessment of the design and operation of the company's internal controls over financial reporting should be:
kotegsom [21]

Answer:

Management's assessment of the design and operation of the company's internal controls over financial reporting should be:

integrated.

Explanation:

A company's assessment of internal controls over financial reporting should be integrated to focus on the effectiveness of internal controls and the reliability of the financial statements.  The effectiveness of internal controls reduces the risk of fraudulent activities by all internal parties. Similarly, the reliability of the financial statements will ensure public confidence and engender unbiased, error-free, and faithful representation of financial performance and position to aid decision making by market participants.

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3 years ago
If productivity increases, prices charged to consumers will tend to increase as well. true or false
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A flat portion of an average total cost curve represents the various different levels of output at which the firm achieves: a) d
Gnesinka [82]

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The correct answer is ) constant returns to scale.

Explanation:

Because in the long term there are no more fixed inputs, the distinction between variable and fixed inputs disappears and there are no CFT or CVT curves. In reality, it is only necessary to look at the nature of the shape of the average cost curve in the long term. Suppose that technological constraints allow a company to choose between the construction of three plants of different sizes: small, medium and large.

This line is called the average long-term cost curve (CPLP) and shows the minimum unit cost for any production when all inputs are variable and it is possible to build all plant sizes. The dashed lines of the CPCP curves always correspond to higher costs for each production than can be obtained with plants of other sizes.

Obviously, the final choice will depend on market demand and consumer demand trends, generally favoring larger plants in future proposals. Otherwise, the medium plant will be the most attractive, due to its lower investment requirements. Usually the firm will have more than 3 sizes to choose from. When this number tends to infinity, the CPLP curve encloses the CP curves and is tangent to them.

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