Answer:
a. There was no breach of the law of demand since your product preference changed after trying the service.
Explanation:
Consumer tastes and preferences significantly influence demand. A person's inclination towards a product determines whether they desire more or less of it, affecting overall demand.
Your preference shifted in favor of the Uber ride over driving yourself, justifying your willingness to pay a higher price, thereby upholding the law of demand.
Sidewinder, Inc., has sales of $634,000, costs of $328,000, depreciation expense of $73,000, interest expense of $38,000, and a
arsen [2991]
Answer:
$154,050
Explanation:
The following shows how net income for the business is calculated:
Total Sales $634,000
Subtract: costs -$328,000
Subtract: depreciation -$73,000
EBIT -$233,000
Subtract: interest -$38,000
EBT 195,000
Subtract: tax(195,000 × 21%) -$40,950
Net income $154,050
The calculation involves deducting all costs, interest, and taxes from the total sales revenue to arrive at the net income.
Answer:
A democratic leader
Explanation:
A democratic leader is characterized by a participative approach to leadership, representing a shared form of leadership where decisions are made collectively by all leaders.
In this scenario, everyone within the organization or company has the right to contribute and share new ideas or perspectives.
Therefore, in the context of the question, Grey is depicted as a democratic leader since he gathers all department heads to engage in the decision-making process.
Answer:
The RB37 likely finds itself in the decline phase of the product life cycle.
Explanation:
The decline phase of a product's life cycle indicates a decrease in revenue attributed to market oversaturation, intense competition, and shifting consumer demands. During this phase, businesses may consider several strategies: they might opt to cease producing the product, transfer manufacturing rights to another company that can compete more effectively, or maintain the product by introducing new features, exploring alternative uses, or reaching out to new markets via exports. It is typical during this stage for packaging to claim “new and improved.”
Answer: Nominal
Explanation:
The use of the Nominal measurement scale indicates that data is categorized into specific names or labels, which is the reason it is sometimes called Named data. For example, organizing dogs in a park by their breed such as Husky, American Bull, German Shepherd, etc.
This measurement scale does not involve numerical values and typically lacks any hierarchical arrangement.
In this case, the professor categorized her students based on their majors, with those majors serving as labels. Thus, she applied the Nominal measurement scale.
