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KengaRu [80]
1 year ago
15

Your boss would like your help on a marketing research project she is conducting on the relationship between the price of soda a

nd the quantity of soda demanded. She hands you the following document: Price of Soda Quantity of Soda Demanded (Dollars per can) (Billions of cans) 0.50 2,000 0.75 1,500 1.00 1,000 1.25 750 Your task is to take this________ and construct a graphical representation of the data. In doing so, you determine that as the price of soda rises, the quantity of soda demanded decreases. This confirms the________
Business
1 answer:
sattari [20]1 year ago
5 0

Answer:

Your task is to take this <u>demand schedule</u> and construct a graphical representation of the data. In doing so, you determine that as the price of soda rises, the quantity of soda demanded decreases. This confirms the <u>law of supply and demand .</u>

Explanation:

A demand schedule basically shows us the quantity demanded for a good or service at different price levels.

As the price of a good or service increases, the consumers will be less willing to purchase the good or service, therefore the quantity demanded will decrease. When the price of a good or service increases, this results in a higher opportunity cost for the consumer and a lower consumer surplus.  

Inversely, when the price of the good or service increases, the suppliers will be more willing to produce the good or service, therefore the quantity supplied will increase.

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The ​ S&amp;P 500 index delivered a return of 10​%, 15​%, 15​%, and −25​% over four successive years. What is the arithmetic ave
natali 33 [55]

Answer:arithmetic average annual return per​ year= 3.75%

Explanation:

Year 1 = 10%

Year 2= 15%

Year 3 = 15%

Year 4 = -25%

total return = 15%

Arithmetic average annual return per year =(Return of year1 + return of year 2 + return of year 3+ return of year 4 )/4 =  15% /4 = 3.75%

5 0
2 years ago
To survive and​ prosper, a business must gain and sustain​ ______ major competitive advantages over rival firms. A. as many as o
zloy xaker [14]

Answer:

C. <u>at least several</u>

Explanation:

Competitive advantage refers to a favorable situation or position a business enjoys over it's competitors owing to it's specialization or strength in performing a specific operation.

For example, in case of telecommunication, one company's competitive advantage could be superior network coverage with lower call drops than it's competitors.

In order to survive and grow, a business should try and gain competitive advantages in at least several fields and yet at the same time retain and maintain those competitive advantages over a period.

4 0
1 year ago
Ben works at a top accounting firm in salt lake city, and his responsibilities include writing letters, memos, and emails along
rosijanka [135]

The correct answer is information levels. It is because as Ben works at the top accounting firm, he has responsibilities of developing the individuals and departmental goals, and as well as generating financial analysis by which these duties are likely to provide value add to their company and it categorized as different information levels.

5 0
2 years ago
Geraldine Wolfe is a supervisor at Fantastigifts. She has an annual salary of $45,000, paid biweekly, and a garnishment for cons
telo118 [61]

Answer:

Explanation:

The consumer credit protection act was inacted to protect employee from discharge by the employer in case there wage has been garnished in any one debt. However the provision has provided for some limit till which the garnishment can be done. The provision applies to all who receive earning for their personal services. The provision says the credit would be lesser of 25% of disposable income or by the amount which is greater than 30 times of minimum hourly wages (i.e $7.25).

Here in this case Geraldine Wolfe was paid biweekly and 80% was his disposable income. So the calculation would be as follow with 52 weeks in a year.

Disposable income = ($45000/52)*2*80%=$1385 (round off to nearest dollar)

25% of disposable income= $346.25 ($1385*25%)

With minimum wage of $7.25= $7.25*60 (biweekly)=$435

so the amount which is greater than the minimum hourly wage is =$1385-$435=$950

Conclusion:- So the maximum wage garnishment can be lesser of $ 346.25 or $950. Hence it will be $346.25 which is the maximum garnishment allowed for Geraldine's consumer credit garnishment.

3 0
1 year ago
When Walmart issued new standards for livestock products that were raised on food without antibiotics or artificial growth hormo
kondor19780726 [428]

Answer:

Stakeholders

Explanation:

When Walmart issued new standards for livestock products that were raised on food without antibiotics or artificial growth hormones, it considered multiple stakeholders, including the ranchers that supply the food, its customers, and animal welfare groups.

8 0
2 years ago
Read 2 more answers
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