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solmaris [256]
3 years ago
13

If you keep buying despite a price increase, your demand is

Business
1 answer:
rjkz [21]3 years ago
3 0
D. Inelastic. 

Hope this helps!

:3
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Brimmo Motorcycles Inc., a U.S.-based firm, manufactures and sells electric motorcycles both domestically and internationally. A
marissa [1.9K]

Answer:

D) decrease; increase

Explanation:

Monetary appreciations and devaluations are common situations of capitalism in which countries use floating exchange rates. Basically, the exchange corresponds to the amount a currency can buy from another country's currency. When the dollar depreciates, it means that it would take more dollars to buy another currency, such as the Euro. Thus, the undervalued dollar is a stimulus for other countries to buy American products, as their money is worth more than the dollar. Therefore, exports will increase.

In contrast, in relation to the domestic market, the devaluation of the dollar tends to decrease the demand for the product. This is because with the depreciation of the dollar, the imported inputs for manufacturing production become more expensive, because it will take more dollars to buy the inputs. This cost increase is passed to the final price of the product. When price increases, the tendency is for demand to decrease.

Even in the case of products that do not use imported inputs in the production process, dollar depreciation will cause demand to decrease. This is because from the producer's point of view, it will be more profitable to produce for the foreign market, since the devaluation of the dollar makes American products become more competitive in the international market. This will have repercussions in the domestic market, since a smaller amount of the good will be supplied internally, which tends to raise prices. Faced with rising prices, demand tends to decrease.

6 0
4 years ago
Which of the following is the first activity in strategy evaluation?
Yuri [45]

I think the answer is C hope this helps!
5 0
4 years ago
48. A retail store sells CDs for $15.00. If the cost per CD is $11.00, what is the store's markup on selling price? A. 66% B. 27
Anika [276]

The selling price given as = $ 15

The cost per CD is = $ 11

The total profit = Selling price - Cost

Total profit per CD = $ 15 - $ 11

Total profit per CD = $ 4

The markup on selling price is calculated as - Total profit ÷ Selling price × 100

Markup on selling price = $ 4 ÷ $ 15 × 100 =26.6666 % or 27 %.

4 0
3 years ago
Read 2 more answers
You want to have $82,000 in your savings account 13 years from now, and youâre prepared to make equal annual deposits into the a
kramer

Answer:

$3,992.87

Explanation:

To determine the amount that would be deposited every year, the formula to be used is : future value/ annuity factor

Annuity factor = {[(1+r) ^N ] - 1} / r

FV = Future value = $82,000

P = Present value

R = interest rate = 7.3%

N = number of years = 13

= (1.073)^13 - 1 / 0.073 = 20.536622

$82,000 / 20.536622 = $3,992.87

I hope my answer helps you

4 0
4 years ago
For 2018. Franklin Manufacturing uses machine-hours as the only overhead cost-allocation base. The estimated manufacturing overh
zysi [14]

Answer:

Using job costing, the 2018 budgeted manufacturing overhead rate is C. $6,00 per machine-hour

Explanation:

Manufacturing Overheads are absorbed in the production process at their Budgeted Rate multiplied by the Actual Activity during the period.

Budgeted Rate. = Total Budgeted Overhead Cost / Total Budgeted Activity

Total Budgeted Activity is the allocation base used to allocate the Overhead Cost. Franklin Manufacturing uses machine-hours as the only overhead cost-allocation base.

Thus the Budgeted Rate = $300,000/ 50,000

                                          = $ 6.00 per machine hour

5 0
3 years ago
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