When the price of a ticket is limited, the effect would be that there would be a shortage of tickets.
What is a shortage?
A shortage is when the quantity demanded of a product exceeds the quantity supplied. This usually occurs when the price of the good is set below equilibrium price.
When the ticket price is limited, the profit made per game reduces. As a result, it is expected that the number of tickets offered would decline. This would lead to a shortage.
Here is the full question:
Suppose university officials felt the price of football tickets at your school are too expensive and decide to limit the price the athletic department can charge for a ticket to a single game. What will result from this decision? Select all that apply. a. The quality of facilities will decrease. b. An abundance of cheap tickets will be available online. c. A shortage of tickets will exist. d. The football team will offer more tickets to the game.
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Your rich great uncle left you some money to buy a new car. If you plan to purchase a foreign car, how might trade barriers impact the price that you have to pay for that car?
Answer:
you much money did your great uncle left for you
The trade barriers will impact negatively and it will raise the amount of payment for the car significantly.
Trade Barriers:No matter how big or wealthy a nation is, its industrial industry will need to look outside its borders for raw materials. However, some nations continue to oppose free trade. Some leaders still feel that free trade is not best for their economies and that it negatively affects their growth and employment. Others provide justifications for putting up barriers to commerce.Trade barriers for import of a car -Indian import taxes are high because the country promotes domestic and local industries. This is known as import substitution industrialization (ISI), a trade policy that focuses entirely on replacing import-based manufacturing and production with indigenous ones.Therefore, the trade barriers will impact negatively and it will raise the amount of payment for the car significantly.
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Delivery trucks enter and leave a depot through a controlled gate. At the depot, each truck is loaded with packages, which will then be delivered to one or more customers. As each truck enters and leaves the depot, the following information is recorded and uploaded to a database.
The truck's identification number
The truck's weight
The date and time the truck passes through the gate
Whether the truck entering or leaving the depot Using only the information in the database, which of the following questions CANNOT be answered?
1) On which day in a particular range of dates did the greatest number of trucks enter and leave the depot?
2) What is the average number of customer deliveries made by each truck on a particular day?
3) What is the change in weight of a particular truck between when it entered and left the depot?
4) Which truck has the shortest average time spent at the depot on a particular day?
The question that cannot be answered based on the information in the delivery truck data base is 2) What is the average number of customer deliveries made by each truck on a particular day?
Why can this question not be answered?In order to answer this question, the number of customers that each truck delivered to during the day needs to be recorded.
The total number of deliveries will then be added up and divided by the number of trucks making deliveries.
The information on the number of deliveries made is not in the database so this question cannot be answered.
In conclusion, option 2 is correct.
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Kono corp. , an american company, is trying to decide whether to open its first international branch in europe or asia. The managers of the company are operating under a condition of _____.
The managers of Kono Corp., which is an American company trying to open a branch in Europe or Asia are operating under a condition of D. uncertainty.
What is uncertainty?Uncertainty refers to situations where the information is imperfect or unknown. When operating under uncertainty, some evaluations need to be undertaken to close the information gap.
Answer Options:A. goal displacement.
B. illusion of control.
C. social reality.
D. uncertainty.
Thus, the managers of Kono Corp. are not operating under goal displacement, the illusion of control, or social reality, but it is operating under conditions of uncertainty.
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The practice of charging each and every consumer the price she is willing and able to pay for a good or service describes:_________.
i. personal pricing.
ii. second-tier price discrimination.
iii. first-degree price discrimination.
iv. perfect price discrimination.
It should be noted that Personalized pricing serves as a practice of charging each and every consumer the price she is willing and able to pay for a good or service.
What is Personalized pricing?Personalized pricing can be regarded as a practice of price discrimination whereby a final consumers behavior is based on personal characteristics and conduct.
As a result if this, each consumer is being charged a price that is a function of his willingness of payment.
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True or false: one way products can be categorized is by brand.
Answer:
True
Explanation:
Hope this helps...
Quote cite and explain from a trustworthy source a summary of the Republican Party's primary
election in 2016. Please identify and explain anything outstanding. Was there anything controversial
with their process?
= Closed Primaries. In general, a voter seeking to vote in a closed primary must first be a registered party member.
Creating contacts with people and professionals who can help you obtain advancement in your career is known as.
Creating contacts with people and professionals who can help you obtain advancement in your career is known as career networking.
What is Career networking?This can be described as the situation where a person would choose to use professional or personal contacts to help advance their careers, get jobs, learn more about a field and also get jobs.
Networking is a very good way of getting to learn more about a company that a person would love to work in.
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A brewery wants its ads displayed to men ages 21-45 when penalties occur during sports games, and wants to segment its audience based on fans of particular sports. How should the brewery efficiently set up this campaign
The brewery efficiently should set up this campaign by: Using a Face-book Marketing Partner.
Who is a Marketing partner?Marketing partner are companies or organization that specialized in marketing or advertising products for people so as to generate sales for them.
Based on the given scenario the brewery should efficiently set up this campaign by using face-book marketing partner as this market partner are expert when it comes to advertising product for companies or individuals.
Inconclusion the brewery efficiently should set up this campaign by: Using a Face-book Marketing Partner.
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What is the main advantage of investing in a mutual fund?
A. Investing in a mutual fund offers a guaranteed minimum return on
an investment.
B. Investing in a mutual fund offers a higher compound interest rate.
C. Investing in a mutual fund spreads the risk over a variety of
stocks, bonds, and securities.
D. Investing in a mutual fund provides a fixed income rate that is tied
to the rate of inflation.
The cpi is a measure of the overall cost of the goods and services bought by.
The cpi is a measure of the overall cost of the goods and services bought by a typical consumer.
What is the CPI?
The consumer price index is a measure of inflation. It measure the price changes of a basket of goods bought by consumers.
CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100
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If frank is researching the number of customers who have gluten or wheat allergies, and then he begins to devise a strategy to cater to these individuals, frank would be involved in.
If Frank is researching the number of those that have gluten or wheat allergies then he is involved in planning.
What is planning in business?In the world of business, planning has to do with the setting of goals and objectives for the business and the various ways that the goals would be achieved.
Planning usually carries most of the ways that the business plans to achieve its set goals and objectives.
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A(n) ________ is someone who takes the risk of creating, organizing and operating a business, usually to satisfy a need in the marketplace that is not being adequately met.
Answer:
entrepreneur
Explanation:
Hope this helps!!!
PLSSS HELP IF YOU TURLY KNOW THISS
Answer:
I think it is D) proof-read articles
Explanation:
In a balanced budget, the amount you ______ is ______ the amount you earn.
A: Spend; equal to
B: Save; less than
C: Spend; greater than
D: Save; greater than
In a balanced budget, the amount you spend is equal to the amount you earn. This means that your expenses do not exceed your income and you are not living beyond your means.
A balanced budget is an important financial goal that can help you achieve financial stability and avoid debt. It requires careful planning and tracking of income and expenses to ensure that you are not spending more than you earn. A balanced budget is a financial plan where your income is equal to your expenses. This means that you are not spending more money than you earn. A balanced budget is important because it helps you avoid debt and maintain financial stability. It is a crucial part of personal finance and can help you achieve your long-term financial goals. Creating a balanced budget requires you to track your income and expenses. You need to know how much money you are earning and how much you are spending on a regular basis. This can help you identify areas where you can cut back on expenses or increase your income to ensure that your budget is balanced.
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The chart shows the marginal cost and marginal revenue of producing apple pies. A 6-column table titled The cost of and return on pie production has 7 rows. The first column is labeled pies produced per day with entries 0, 1, 2, 3, 4, 5, 6. The second column is labeled total cost with entries 0, 1, 1. 50, 1. 75, 2. 25, 3. 50, 5. 0. The third column is labeled Marginal cost with entries 0, 1, 0. 50, 0. 25, 0. 50, 1. 25, 1. 50. The fourth column is labeled total revenue with entries blank, 10, 20, 30, 40, 50, 60. The fifth column is labeled Marginal revenue with entries blank, 10, 10, 10, 10, 10, 10. The sixth column is labeled Profit with entries 0, 9, 18. 50, 27. 25, 37. 75, 46. 50, and 55. What most likely will happen if the pie maker bakes a seventh pie? The marginal cost will most likely decrease to $1. 00 The marginal cost will most likely increase to $2. 00 The marginal revenue will most likely decrease to $8. 0. The marginal revenue will most likely increase to $12. 0.
According to the above chart, if the pie maker bakes a seventh pie it include option B: The marginal cost will most likely increase to $2. 00.
What is the term Marginal cost about?
Marginal cost refers to as the additional course that results from an increase in manufacturing or increase in the time of production and operation of a company.
In the above case, if the owner wants to increase the production of apple pies, there will be automatically an increase in energy expenditure, in the workload of employees and in the amount of ingredients.
Therefore, correct option is B.
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Paco has just finished collecting data about students' lunch hour texting habits. He used both online surveys to ask the students about their texting behavior, as well as observational techniques in the cafeteria. What is the next step in the marketing research process for Paco to begin?
Answer:
Interpreting research findings
Explanation:
Karl purchased a second, larger home in which to live. He has decided to rent his first home out for $1,500 a month. His mortgage on the first home is $1,250. Is this an example of passive income?.
Yes, this would be an example of passive income
Which would you rather have.
1: 1mil dollars
2: 2 mansions
3: 3 cars of your choice.
Answer:
1 million dollars
Explanation:
I could invest it and turn it into even more money.
Answer:
1 million dollars.
Explanation:
1. would help cover ski expences
2. Would also help pay for lessons and season passes.
3. Would also help me get my 3 most wanted pets: hedgehog, puli (dog breed with dreadlocks for hair), or a chameleon.
Have an amazing day!
What would you choose?
PLEASE RATE!!
The portion of net income on a budget referred to as discretionary income is most appropriately used for:.
Discretionary income is speaks to your net income that is not eaten up by your imediate personal needs.
Discretionary incomeGenerally, Net income is simply the difference of gross profit and all other expenses and all other costs
Your discretionary income comes out of your disposable income, This speaks to your net income that is not eaten up by your personal needs, its the money for left over to save, invest, or spend.
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By state law, the local sales tax is fixed at no more than ______ percent of the value of the sale. Multiple choice question.
State law in Texas posits that local sales tax cannot be more than 2% of the value of sale.
What does Texas state law say?Texas state law allows for counties to charge sales taxes on goods and services sold in those areas.
They however limit the amount of taxes that can be paid to 2% so as not to overburden consumers who will have to bear the tax burden.
In conclusion, this is 2%.
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The competitive firm's long-run supply curve is that portion of the marginal cost curve that lies above average.
It should be noted that competitive firm's long-run supply curve is the part of marginal cost curve that lies above average.
What is long-run supply?The long-run supply can be regarded as the supply of goods available in case whereby the inputs are variable.
The long-run supply curve can be referred to as been elastic than the short-run supply curve.
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The short run is Group of answer choices a period of time in which all inputs are variable. a period of time in which all inputs are fixed. a period of time in which some inputs are fixed. always less than a year.
It should be noted that short run is any period of time in which at least two inputs are fixed.
What is short run ?The short run can be regarded as a concept which explains that at a given period in the future, there will always at least a fixed input and others factors are variable.
Concept of short run explain that an economy behaves differently base on the length of time it has to react to certain stimuli.
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advice entrepreneurs on the advantages of a public company
Explanation:
AdvantagesAbility to raise funds by selling stock. ... Availability of financial information. ... Increased government and regulatory scrutiny. ... Strict adherence to global accounting standards. ... Due diligence. ... Prospectus. ... SEC approval.Explanation:
This cash influx helps lower the company's debt to income ratio and also provides more funds for things like advertising, better compensation packages, and development of new products.
The EISP component of _____ provides information on the importance of information security in the organization and the legal and ethical obligation to protect critical information about customers, employees, and markets.
The need for Information Technology Security is the EISP component that provides information on the importance of information security in the organization.
What is EISP?EISP means Enterprise Information Security Policy, which is the policy that guide the security of a firm.
Some element of an EISP includes:
Network SecurityApplication SecurityRisk ManagementCompliance ManagementDisaster RecoveryPhysical SecurityIn conclusion, the need for Information Technology Security is the EISP component that provides information on the importance of information security in the organization
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Marcus is considering which college major to choose. In taking a rational approach, Marcus should consider
Answer:
Science or physics.
Explanation:
You didn't give us the choices
The customers, employees, management, and anybody else involved are called _____.
place
promotion
people
process
Answer:
People
Explanation:
The amount of money that a firm receives from the sale of its output is called.
A company with a high ratio of fixed costs ______.
Answer:
is more likely to experience a loss when sales are down than a company with mostly variable costs
is more likely to experience greater profits when sales are up than a company with mostly variable costs.
Explanation:
Ik I'm Right.
Creating contacts with people and professionals who can help you obtain advancement in your career is known as .
Question 2 options:
networking
salaries
garnishing
appraisals
Answer:
networking
Explanation:
Creating contacts with people and professionals who can help you obtain advancement in your career is know as networking.
What is networking?Networking can be defined as the way of connecting with other people by exchanging contact information.
Networking is important as it can enable you to meet people that can help you to advance in your career.
Therefore Creating contacts with people and professionals who can help you obtain advancement in your career is know as networking.
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Chrissy's Cupcakes has $832,000 in sales and $265,000 in fixed expenses. Given a contribution margin ratio of 72%, Chrissy's profit (loss) is ______.
Given a contribution margin ratio of 72%, Chrissy's profit (loss) is $334,040.
Profit or lossUsing this formula
Profit = Contribution margin ratio x Sales - Fixed Expenses
Where:
Contribution margin ratio=72%
Sales=$832,000
Fixed Expenses =$265,000
Let plug in the formula
Profit= 72% x $832,000 - $265,000
Profit = $334,040
Inconclusion Chrissy's profit (loss) is $334,040.
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