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Naya [18.7K]
2 years ago
15

Demand is not the same as quantity demanded. What factors will change the demand for a good?

Business
1 answer:
DochEvi [55]2 years ago
6 0

Answer:

Other factors that shift demand curves. Income is not the only factor that causes a shift in demand. Other things that change demand include tastes and preferences, the composition or size of the population, the prices of related goods, and even expectations.

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40 points
garri49 [273]

Answer:

Hospitality provides essential services (i.e., lodging and food) for travelers, whether they are on the move for reasons of necessity, leisure or luxury. Hospitality is a major factor in every vacation and business trip, and is thus important to individual customers and to businesses.

4 0
3 years ago
If you hope to be a college instructor in a subject, you need to plan to complete what level of education?
vazorg [7]
Hey if you hope to be a college instructor in a subject you need to plan to complete B. BACHELORS DEGREE
i hope it helps!
4 0
3 years ago
Why is Apple’s industry so competitive and how could this affect the ethical risks in Apple’s operations?
maw [93]

Answer:

Apple industry is the consumer goods technological sector.

Explanation:

This sector is very competitive because it tends to be very profitable, which means that it attracts a large number of skilled entrepreneurs and wokers who create high quality products that customers demand. This is specially true of the mobile phone sub-sector, with industry giants like Samsung and Huawei being in stiff competition with Apple.

Because of this, Apple faces several ethical risks: for one, it faces the risk of not practicing predatory pricing techniques like dumping in order to drive out competition, because this would be unfair not only to the other firms, but also to the other companies.

Another ethical risks would be more relevant for managers, and that is that managers should avoid to overestimate their ability to increase profits, because this may create false expectations on the board, on stockholders, and on the customers, leading to malinvestment, and other negative eocnomic consequences.

6 0
3 years ago
A company has a selling price of $1,650 each for its printers. Each printer has a 2 year warranty that covers replacement of def
neonofarm [45]

Answer:

$119,070

Explanation:

The computation of warranty expense for the month of November is shown below:-

Warranty expense for the month of November = Sold printers × Warranty percentage × Average cost

= 27,000 × 3% × $147

= $119,070

Therefore for computing the warranty expense for the month of November we simply applied the above formula.

5 0
3 years ago
1640s, the principal crop grown in barbados went from being tobacco to
Gnom [1K]
The answer is sugar cane. Tobacco, the crop on which the economy of the Lesser Antilles was originated, began to decline as a result of competition from Virginia tobacco. In 1613 John Rolfe had presented tobacco to Virginia, the earliest of the North American colonies. A variation imported from Trinidad proved very satisfactory. A new market force at work was the increasing demand for sugar in Europe. After the colonization of India and the Far East, coffee and tea were becoming gradually popular in Europe and hence the request for sugar as a sweetener for these drinks. A transatlantic voyage made the West Indies available to the European market. This journey was much easier than that which brought coffee, tea and spices to the European market. Chance also played a share. The Dutch and the Portuguese were struggling for Brazil between 1624 and 1654, and once the Dutch were winning, at least in Northern Brazil, they sent Portuguese prisoners of war north to the islands to be sold as slaves. In 1643 a Dutch ship transported fifty Portuguese slaves to Barbados. They were freed because the enslaving of Christians was not accepted, but Barbados had fifty laborers experienced in the growing of sugar available. Then, when the Portuguese started appealing back Northern Brazil from the Dutch, the Dutch move towards to the islands of the eastern Caribbean as expats, bringing with them their skill in sugar production.
3 0
2 years ago
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