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Ksivusya [100]
2 years ago
8

A business initially sells their product to customers for $50. They find that many people are buying their product so they rise

the price to $100. Which of the following is a likely response that they will receive from the customers?
Business
1 answer:
pav-90 [236]2 years ago
8 0
Answer: It will reduce in demand

Explanation: If you raise a price customers are less likely to buy it when it’s at a higher price
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Consider an 8% coupon bond selling for $953.10 with three years until maturity making annual coupon payments. the interest rates
Andreyy89

Answer:

a) YTM = 9.8%

b) realized compound yield is 9.9%

Explanation:

a) PMT = 80

par value FV = 1000

coupon rate = 8%

curent price PV = 953.1

years to maturity n = 3

Yield to maturity (YTM) = \frac{PMT+(FV-PV)/n}{(FV+PV)/2} = \frac{80+(1000-953.1)/3}{(1000+953.1)/2}= 9.8%

b) r2 = 10% = 100%+10%=1.1

r3 = 12% = 100%+12%=1.12

Realized compound yield:First, find the future value (FV. of reinvested coupons and principal

FV =  ($80 *1.10 *1.12) + ($80 * 1.12) + $1080 = $1268.16

let a be the rate that makes the future value $1268.16

953.1(1+y)³ =$1268.16

(1+y)³=1.33

1+y=1.099

y = 0.099 = 9.9%

5 0
2 years ago
For each of the following scenarios, identify the number of firms present, the type of product, and the appropriate market model
bulgar [2K]

Answer:

1.

c. Many

d. Differential

c. Monopolistic Competition

2

b. Few

c. Identical

a. Oligopoly

3

a. One

a. Unique

d. Monopoly

Explanation:

A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.

An example of monopolistic competition are restaurants  

A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms.

An example of a monopoly is a utility company

It is only the drug company that is permitted to sell the drug. So, it is the only firm in the industry. Also, it is the only firm that offers experimental AIDS drug, so its product is unique.

An Oligopoly is when there are few large firms operating in an industry. In the cab industry, it is a duopoly that exists. This is a type of oligopoly where there are only two firms in the industry. Consumers do not care about the cabs they enter or the different services offered by the companies, so, the product is identical

6 0
2 years ago
One inherent risk to using lean philosophy is that companies are at higher risk of inventory shortage during volatile times such
olganol [36]

Answer:

True

Explanation:

As in the lean philosophy the production is based on specific customer demands, there are chances that when the order is received then the inventory required is not present and that the inventory is not held in hand.

Whereas in the traditional philosophy the production is based on the principle of budgets and sales forecast, accordingly the sales keeps on moving and the inventory is also held in hand prior to confirmation of order from customers.

Since there is no planning before the order is received from customers under lean, in emergency cases, or scarcity of resources, the inventory will fall short, and acquisition of inventory would not be easy.

6 0
2 years ago
Donna wants to open her own business. She decides that she needs to make a strategy for determining what product she should sell
Tasya [4]

Answer:

Market survey

Explanation:

For Donna to open a new business  in which she will be successful and very profitable she needs to know what problem/need her new business/product can solve in the society. this is very important to know before engaging in any form of business because businesses that solve problem/needs of its community tend to strive better even in a bad economy.

The best marketing strategy to determine this need/want is called Market survey. this survey can be carried out by creating a one page questionnaire about her intended product and post/send it to the relevant audience for appropriate feedback and also to professionals in her intended product. the feedback she gets from the questionnaire will help inform her on the best product to sell.

7 0
2 years ago
Raj opens up a lemonade stand for two hours. He spends $10 for ingredients and sells $60 worth of lemonade. In the same two hour
prisoha [69]

Answer:

Accounting profit = $50

Economic profit = $10

Explanation:

Accounting profit = Revenue - Explicit cost

 $60 - $10 = $50

Economic profit = Accounting profit - Opportunity cost

$50 - $40 = $10

I hope my answer helps you

6 0
2 years ago
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