NEED THE ANSWER ASAP
What, if anything, is likely to happen to the number of pairs of running shoes sold as the price charged for them is reduced from $5,000 to $65?
Answer:
The number of pairs of running shoes would decrease becase of the huge price drop which would increase more customers to buy the shoes.
As the price of running shoes decreases from $5,000 to $65, it is likely that the number of pairs sold will increase. This is due to the inverse relationship between price and demand in economics known as the law of demand.
At higher prices, the demand for running shoes is likely to be lower as consumers may not be willing or able to pay such high prices.
As the price decreases, however, more consumers will be able to afford the shoes and may decide to purchase them, leading to an increase in demand.
Additionally, lower prices may attract new customers who may have previously been deterred by the high prices. This increase in demand may be further amplified if the price reduction is accompanied by effective marketing campaigns or sales promotions.
However, it is important to note that there may be a limit to how much the demand can increase due to factors such as market saturation, competition, and the availability of substitutes. Therefore, the extent of the increase in the number of pairs of running shoes sold will depend on various factors and may not be proportional to the decrease in price.
Learn more about Price here
https://brainly.com/question/24277028
#SPJ2
1) A small firm employs nine workers. The wages it pays to these workers are $200, $220, $280, $300, $310, 320, $330, $350 and $390 a week. What is the average wage paid?
solution :
sum of dollar =200+220+280+300+310+320+330+
350+390
Now,
average =total sum of all dollar
total sum of worker
=2370
9
=263.333#
Wetlands help reduce erosion through _______.
Answer:
Wetlands reduce water erosion by trapping sediments.
sick leave programs Sick leave programsA) must be provided by all employers according to the law.B) are based solely on the age of employees.C) pay employees for days not worked due to illness.D) are mandatory forms of unpaid leave.E) are forms of floating holidays.
Answer:
A
Explanation:
Paid sick leave allows workers to keep their jobs and increases worker loyalty. ... Paid sick leave increases worker productivity by allowing workers to be absent, recover at home, seek medical help in time, and then return to work being more productive.
Jose's Pizza Parlor, Inc., acquired the Eastern Pizza Cheese Corporation (EPCC). EPCC is a wholesale distributor of the cheese used in the making of pizza pies. The acquisition created a:
(A) Monopoly.
(B) Vertical merger.
(C) Conglomerate merger.
(D) Horizontal merger.
Samantha keeps $1,000 in her checking account. A friend has suggested that she move that money into a savings account which pays interest and that she apply for a debit card on that savings account so that she can spend money in her account directly with merchants without having to write a check. What's wrong with this idea
Answer:
Few banks will issue debit cards for savings accounts since the law limits the use of a debit card with merchants to 6 times per month.
Typical structure characteristics of interest to Industrial Organization researchers include a.​Barriers to entry b.​Product differentiation among firms c.​The number and size distribution of firms d.​All of the above
In the IO perspective it is important to enter an industry with
a) low supplier power
b) low threat from substitutes
c) low levels of rivalry between firms
d) all of the above
Typical structure characteristics of interest to industrial organization include
a) barriers of entry
b) product differentiation among firms
c) the number and size distribution of firms
d) all the above
firms have a competitive advantage when
a) they can deliver the same product beenfits as their competitors but at a lower cost
b)they can deliver superior product at a similar cost
c) both of the above
d)none of the above
resource to be able to generate sustained competitive advantage over rivals, it must be
a) valuable b) rare c) difficult to imitate or subsititue away from d) all of the above
To significantly enhance customer choices, Levi combines flexible manufacturing with flexible marketing. Customers may visit the Levi's clothing website or some company-owned stores and order a pair of jeans that will be made especially for them. Levi's has adopted a ________ orientation approach
Levi's has adopted a mass customization orientation approach.
According to the background to the issue, it is correct to state that Levi took a mass customization orientation approach.
This is a strategy that companies use to provide differentiated products and services to meet a customer's specific needs.
The mass customization process is the focus on the product with a flexible production, which guarantees the possibility of a high production and at a lower cost, which therefore means selling a customized product offering a low price to the customer.
Mass customization has the benefits of satisfying consumer desires and creating added value to the company's products and services, which generates better positioning and competitiveness.
Learn more here:
https://brainly.com/question/7310651
define level of profession
Explanation:
The word "professional " means different things to different places.
Answer:
the word 'profession' means different things to different people . But at its core , it's meant to be an indicator of trust and expertise . traditionally , a " professional " was someone who derived their income from their expertise or specific talents , as opposed to a hobbyist or amateur.
hope this will help you
plz mrk me braniliest
three reasons for unequal distribution of income in developing countries
The hat is the three reason for une
A network externality is the effect that an additional user of a good or participant in an activity has on the value of that good or activity for others. a direct effect on an economic decision maker. an indirect effect on an economic decision maker. an uncompensated effect on someone other than the person who caused it.
Answer:
I don’t know
Explanation:
I don’t know
Do you agree that traditional technology is the main source of modern technology?explain you arguments.
Explanation:
.........................
An organization wants to form a strategic alliance with another form. The second firm is at the same level along the value chain. It cannot contribute the same level of financial resources, although it can contribute an extensive level of knowledge. In order to accommodate these factors, they decide to start a legally independent firm. Which of the following alliances will be best suited for the organization?
1) An equity alliance
2) A distribution agreement
3) A contractual alliance
4) A joint venture
Answer:
A distribution aggreement will be best suited for the organization.
describe the relationship among TFC , TVC and TC with the help of cost schedule and diagram.
Answer:This is explained as follows: TC – TVC = TFC. The TFC curve is parallel to the horizontal axis while the TVC curve is inverted-S shaped. Thus, the TC curve is the same shape as TVC but begins from the point of TFC rather than the origin.Since the TFC curve is horizontal, the difference between the TC and TVC curve is the same at each level of output and equals TFC. This is explained as follows: TC – TVC = TFC. The TFC curve is parallel to the horizontal axis while the TVC curve is inverted-S shaped.
Explanation: Sorry I can't give you the diagram
training sharpens our knowledge and adds skills. justify
Answer:
I hope that is helpful for you.
help fast
for 10 pts
Answer:
training
Explanation:
at the beginning of december, abc company had 1200 in supplies on hand during the month supplies purchased amounted to 2700 but by the end of the month the supplies balance was only 2900 what is the appropriate month-end adjusting entry
Answer:
( 1200 + 2700) - 2900
= 1000
( opening stock + purchases ) - closing stock
The three-year or longer marketing plan that's more general and less detailed than a tactical plan is called _____.
strategic marketing tactic
strategic marketing plan
marketing plan
executive summary
Jackson Raleigh, a registered representative in Memphis, TN, has a client who is a pension fund manager for the Tiger Pension Fund. Raleigh creates several flyers of informational literature about the funds available in the Tiger Pension Fund and emails them to the fund manager so that the fund manager can prints copies of the flyers and make them available to the participants in the pension fund. FINRA would classify these flyers as
A) institutional communications.
B) sales literature.
C) retail communications.
D) correspondence.
Describe the professions related to agriculture.
Note: Subject is occupation not business there was no occupation option so.
Agriculture careers are professionals paths related to farming, cultivation and animal husbandry. These career paths involve everything from growing crops and nurturing the soil to raising livestock like cattle, pigs and chickens.
Jack and Martha watch two different weather stations before departing for work. One station reports a 50% chance of rain and Jack takes his umbrella to work. The other station reports a 50% chance of no rain and Martha leaves her umbrella at home. The difference decisions made by Jack and Martha can be attributed to:
A. mental accounting
B. framing
C. avoidance of regret
Takisha Jorimoto works in finance for a small microbrewery. This week Takisha is working on a budget for the next 12 months. She has been doing research to determine prices for the new equipment the company will need in the next 12 months to stay competitive in this market. Which of the steps in financial planning is Takisha involved in
Answer:
to follow her heart
Explanation:
and you will follow the steps
four reasons why Corona virus could be harmful to economic growth??
Answer:
Employees have to be let go because social distancing is a thing
Businesses are not getting enough customers because of quarantine, which leads to them shutting down
Factories that supply stores are shut down to prevent spread in factory lines
For those with computer jobs, working from home does not give an employee as much freedom with printing or scanning as it does at work, which slows down the completion of assignments and lowering the business`s dependability
purchased goods for RS 1000 from arun find debit and credit
Answer:
purchase account debit
To arun account credit
( Being goods purchased from arun)
ASAP PLZ
What advantage does a corporation have over a sole proprietorship or a partnership?
(A) The business is responsible for its debt, not the people who own the business.
(B) It's not considered a separate legal entity from the people who own it.
(C) It's faster to establish and doesn't require the permission of the state or federal government.
(D) It's not subject to double-taxation, whereby the business income is taxed, and then the owners are taxed.
Answer:
it's faster to establish and doesn't require the permission of the state or federal government
Answer:
A
Explanation:
Shareholders in a corporation are not liable for corporate debts. ...
two importance of seasonal vegetable cultivation grade 7
Q. Two importance of seasonal vegetable cultivation?
[tex] \\ [/tex]
$ \longrightarrow $ In-season produce is fresher and tastes better, sweeter and perfectly ripe. When fruits and vegetables are picked for consumption that have been naturally ripened on the vine or the tree and harvested at the right time, it will have much more flavor and nutrition.
Choose TWO of the responses that describe disadvantages of Roth IRAS
A) you pay taxes upfront
B) your savings grow tax-free
C) the maximum contribution is low
D) you can withdraw your contributions
E) there are no required minimum distributions
Answer:
You pay taxes upfront
the maximum contribution is low
Explanation:
UTP quiz
MULTIPLE CHOICE
What's the biggest concern people have about mergers?
(A) They drive down the cost of labor, leading to greater unemployment.
(B) They lead to the development of generic brands that produce inferior goods.
(C) They lead to greater competition and force businesses to cut corners to stay in operation.
(D) They result in a concentration of power, which can lead to monopolies.
Answer:
D
Explanation:
Monopolies aren't good for a economy because with so much power, they are able to control the entire market of which they are based. This defeats the purpose of a free-market economy where consumers have options to pick from instead of one ultimate choice.
1. Who makes trade-offs?
Answer:
individual, government and businesses makes trade-offs.
Explanation:
this question is in economic chapter 1 session 2 right ?
ummm.......please mark me brainlist
homework libABC Inc. uses a machine that can produce 95 cranks per hour. The firm operates 9 hours per day, six days per week. Due to regularly scheduled preventive maintenance, the firm expects the machine to be running during approximately 90% of the available time. Based on experience with other products, the firm expects to achieve an efficiency level for the cranks of 80%. What is the expected weekly output of cranks for this company
The expected weekly cranks output should be 3,693.60.
The following formula should be applied:
= Number of cranks produced per hour × number of hours operated per day × number of days per week × expected machine running percentage × efficiency level
= 95 × 9 × 6 × 90% × 80%
= 3,693.60
Therefore we can conclude that The expected weekly cranks output should be 3,693.60.
Learn more about the machine here: brainly.com/question/2555822