I am pretty sure it is sales budget
Answer:
demand will be low
Explanation:
According to my research on different pricing strategies, I can say that based on the information provided within the question demand will be low. Since they will be charging high amounts the demand will be lower because only a select few amount of people will be able to afford it. Usually their consumer base will be made up of enthusiasts and loyal customers that have supported the brand for years and have a good economic standing. Demand will slowly rise as competition sets in and prices decrease.
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Answer:
hi your question lacks the required options here is the complete question and options
You are a manager for a monopolistically competitive firm. From experience, the profit-maximizing level of output of your firm is 100 units. However, it is expected that prices of other close substitutes will fall in the near future. How should you adjust your level of production in response to this change
a. Produce less than 100 units
b. Insufficient information to decide
c. Produce 100 units
d. Produce more than 100 units
Answer : Produce less than 100 units
Explanation:
A monopolistic firm is a firm that has the sole responsibility or sole ownership of the right of production of certain goods and services. and such products are profit maximizing products because the demand for the products determines the price in the market and also the products are produced at marginal cost equaling its marginal revenue.
From experience when the prices of the close substitutes of the product fall the demand for the product will decrease hence its market price will fall therefore it is wise to produce less than the usual 100 units to still maximize profit.
Answer:
1. What is the net working capital for the above company?
Net Working Capital will be 45
2. If the company pays back all of its accounts payable today using cash, what will its net working capital be (in million of USDs)?
Net Working Capital will be 45
3. If the company buys new property, plant and equipment today using its entire cash balance, what will its net working capital be (in million of USDs)?
Net Working Capital will be -1
Explanation:
1.
Net Working Capital = Total Current Asset - Total Current Liabilities
Net Working Capital = 89 - 44 = 45
2.
Current Asset after payment = 89 - 39 = 50
Current Liabilities after payment = 44 - 39 = 5
Net Working Capital = Total Current Asset - Total Current Liabilities
Net Working Capital = 50 - 5 = 45
3.
Current Asset after Purchase = 89 - 46 = 43
Current Liabilities after Purchase = 44 - 0 = 44
Net Working Capital = 43 - 44 = -1
