How might a firm respond to a higher demand for its goods?
A. limit its production
B. raise prices
C. cut prices
D. increase advertising
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “How might a firm respond to a higher demand for its goods? A. limit its production B. raise prices C. cut prices D. increase advertising ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What does a physical property that describes how something feels mean
Answers (2)
Before polling students in the Scion of Business, a researcher divides all the current students into groups based on their class standing (freshman, sophomores, etc).
Answers (1)
A manufacturer of automobile air conditioners has total revenue given by and total cost given by, where x is the number of units produced and sold. Find the number of units needed for the manufacturer to break even.
Answers (1)
In 2020, Quapau Products introduced a new line of hot water heaters that carry a one-year warranty against manufacturer's defects. Based on industry experience, warranty costs were expected to approximate 5% of sales revenue.
Answers (1)
The asset substitution problem occurs when Group of answer choices managers substitute less risky assets for riskier ones to the detriment of equity holders. managers substitute less risky assets for riskier ones to the detriment of bondholders.
Answers (1)
New Questions in Business
Which of the following is considered a part of factory overhead cost? a. sales commissionsb. depreciation of factory buildingsc. depreciation of office equipmentd. direct materials used
Answers (1)
Why does a business owner lower the price of products that are not selling quickly?
Answers (1)
Erin Brushwood sells gourmet chocolate chip cookies. The results of her last month of operations are as follows: Sales revenue $ 55,194 Cost of goods sold (all variable) 28,232 Gross margin 26,962 Selling expenses (20% variable) 8,908 Administrative
Answers (1)
Marty, a 16-year-old, contracts with Cream-of-the-Crop Cycles to buy an $8,000 motorcycle. Marty agrees to make monthly payments until the purchase price plus interest are paid in full. Which of the following is correct? a.
Answers (1)
What is the primary distinction between communism and socialism
Answers (1)