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Rudiy27
2 years ago
13

If a firm decides to increase the depth of its offerings to address consumer preferences, what will it do

Business
1 answer:
Shtirlitz [24]2 years ago
7 0

Answer: consumers find it unfair for firms to increase prices after an increase in demand".

Explanation: Economists established 2 explanations of why companies do not increase their prices even if they can make higher profits.

First it was discovered that some products have the characteristic that the amount of product that a customer wants to buy can depend on the amount of the product that other people are consuming.

And then it was discovered that most people are satisfied that companies raise prices because of an increase in costs, but consider it unfair to raise prices as a result of increased demand.

Explanation:

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Establishing rules that will help you stay focused is called
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The answer would be self-discipline 

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In 2022 the Splish Brothers Inc. had net credit sales of $1020000. On January 1, 2022, the Allowance for Doubtful Accounts had a
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Answer:

$35,300 (Credit)

Explanation:

Given that;

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Amount written off of $34,200 would have made the balance in the allowance for doubtful debts

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However, the balance in the account at the end of the year should amount to $24,200 hence the adjustment required

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3 years ago
Sandy paid 30 dollars for a blouse. Cleaning cost after each wear is about $0.50. Sandy thinks she can wear the blouse 50 times
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twice

Explanation:

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3 years ago
Suppose real GDP for a country is $1,200 billion. The GDP price index is 114.6. There are 25 million workers who work 36 hours p
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Answer:

1,333.33

Explanation:

Labor productivity is measures the hourly output of a country's economy. Specifically, it charts the amount of real gross domestic product (GDP) produced by an hour of labor.

total labor hours = 25milion x 36 hours per week

                            = 900 million

labor productivity = GDP ÷ total labor hours

labor productivity = $1,200 billion ÷ 900 million

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3 years ago
There are many unstated assumptions in the problem given above. Even if the mathematical solution is to make only one or two typ
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Answer:

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Linear programming model: this is an algebraic description of te objectives to be minimized and the constraints to be satisfied by the variables.

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