(c) The price of widgets is $9. If the hardware store wants to increase its revenue, how should it change the price

Answers

Answer 1

The hardware store would have to trade up certain goods to get an increase on its revenue. Hence, for the hardware store to change the price, trade up is the option. Read below about trade up.

What is trade up?

Trading up means adding a higher-priced, higher-quality version of a product to the range, generally to increase sales of the lower-priced model through consumer association of its image with the more prestigious model.

Therefore, the means by which the hardware store can change the price or increase its revenue is by trade up.

learn more about trade up: https://brainly.com/question/13760478

#SPJ11


Related Questions

A disadvantage of extending credit to customers is that the cost may ______ the additional sales revenue received through credit transactions.

Answers

Answer:

Exceed is the answer

irs guidelines require specific information to substantiate deductible automobile expenses. which 3 items are included in the substantiation requirements?

Answers

The three items that are included in the substantiation requirements are:

Date Placed in ServiceThe total mileage; andVehicle Type.

What is IRS guidelines?

Internal Revenue Service Guidelines are guidelines that individuals and corporates must follow in order to be compliant with the requirements of the IRS.

Thus, it is correct to indicate that according to the IRS Guidelines, the three items that are included in the substantiation requirements are:

Date Placed in ServiceThe total mileage; andVehicle Type.

Learn more about substantiation requirements at:
https://brainly.com/question/1297571
#SPJ12

Costs and price differences among competing companies can have origins in activities performed by a. the company's internally performed activities (its own value chain) compared to the cost structure of the internally performed activities of rival companies. b. value chains of the company's suppliers. c. value chains of a company's distributors and retail dealers and forward channel allies. d. the company's internally performed activities (its own value chain), but also on costs in the value chain of its suppliers and distribution channel allies. e. whether the company has a longer or shorter value chain than its close rivals.

Answers

Costs and price differences among competing companies can have origins in activities performed by the company's internally performed activities (its own value chain), but also on costs in the value chain of its suppliers and distribution channel allies.

What is value chain?

Value chain is a process in which a company analyzes and examine its activities to find the competitive advantage to add value to its products and services.

Hence, costs and price differences among competing companies can have origins in activities performed by the company's internally performed activities (its own value chain), but also on costs in the value chain of its suppliers and distribution channel allies.

Learn more about value chains here: https://brainly.com/question/17217567

#SPJ12

Which type of decision maker over-analyzes a given piece of information?

Answers

Agonizer is the  type of decision maker over-analyzes a given piece of information.

What is decision in the organization?

Decision is the important factor in the organization as the organization go on the decision take the people work in a firm. The decision can make or break the company and the good decision always beneficial for the company.

The options are missing in the question

A. Mystic

B. Agonizer

C. Submissive

D. Fatalist

Thus, option B is correct.

For more details about decision in the organization, click here:

https://brainly.com/question/14697533

#SPJ1

a a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping demand curve.

Answers

It is true that a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping demand curve.

What is competitive market?

A perfect competitive market has a straight line graph on the demand of goods and services this means that the goods are sold at the market price. Monopoly market price are not regulated hence the curve is not straight.

Therefore, It is true that a perfectly competitive industry faces a horizontal straight line demand curve whereas a monopoly faces a downward sloping demand curve.

Learn more on competitive market below

https://brainly.com/question/25717627

#SPJ11

In a pull system reducing the number of kanbans:

Answers

The reduction of the number of kanbans in a pull system reduces the inventory which makes problems more visible.

What is a Pull system?

In a supply chain, the system is one where the procurement, production, and distribution are more demand-driven rather than based on predictions.

However, when there is reduction of the number of kanbans in a pull system, its reduces the inventory which makes problems more visible.

Read more about Pull system

brainly.com/question/13305675

#SPJ12

The definition of market equilibrium states that at the _______________, the quantity of labor demanded by employers will equal the quantity supplied.

Answers

The definition of market equilibrium states that the quantity of labor demanded by employers will equal the quantity supplied at an equilibrium wage.

What is an equilibrium?

The point at which the forces of demand and supply are equal from both the sides, and there is an expression of a perfect competition in the market, such point is known as an equilibrium.

Hence, option B holds true regarding equilibrium.

Learn more about equilibrium here:

https://brainly.com/question/13524990

#SPJ1

In order for a loan to come within the scope of the truth in lending act, the credit or loan must _____.

Answers

For a loan to be within the scope of the Truth in Lending Act, it needs to be $25,000 or less. Unless secured by a mortgage on real easte.

What does the Truth in Lending Act do?

It is a federal act that was passed to stop creditors from using the lack of knowledge of debtors to make them heavily indebted by offering huge loans.

As a result of that act, loans now have to be $25,000 or less unless there is a mortgage on a real estate property that the creditor can use to recoup the loan in case of a default.

Find out more on the Truth in Lending Act at https://brainly.com/question/2492099.

#SPJ12

Consumers usually buy a(n) _____ only after comparing several brands or stores on style, practicality, price, and lifestyle compatibility

Answers

Consumers usually buy a shopping product only after comparing several brands or stores on style, practicality, price, and lifestyle compatibility

Who are consumers?

Consumer are individual or group of people who are willing to pay for a particular products or services they need.

Consumer often go around to compare prices and custom relations after which they decide who to buy from.

Therefore, Consumers usually buy a shopping product only after comparing several brands or stores on style, practicality, price, and lifestyle compatibility

Learn more on consumer below,

https://brainly.com/question/380037

#SPJ12

Explains why it may take up to two years for a currency depreciation to make significant reductions in a nation’s trade deficit

Answers

It may take up to two years for currency depreciation to make significant reductions in a nation’s trade deficit. This is further explained below.

What is currency depreciation?

Generally, Depreciation occurs when a currency's exchange rate declines in relation to other currencies.

In conclusion, Currency depreciation may have a major impact on a country's trade imbalance, but it may take up to two years to see those results.

Read more about currency depreciation

https://brainly.com/question/14308463

#SPJ12

What is not true about dod travel policy?

Answers

What is not true about dod travel policy is: An AO can approve payment for items not addressed by the JTR.

DoD travel policy

DoD which full meaning is Department of Defense travel policy is a policy that tend to payback the expense incurred when  a staff travel due to official assignment.

Based on the policy an AO cannot approve  expenses reimbursement for things that are not address by the JTR.

Therefore the statement is false.

Learn more about DoD travel policy here:https://brainly.com/question/2199083

#SPJ12

Perpetual Inventory Using FIFO
Beginning inventory, purchases, and sales data for prepaid cell phones for December are as follows:
Inventory Purchases Sales
Dec. 1 310 units at $88 Dec. 10 144 units at $90 Dec. 12 240 units
Dec. 20 240 units at $96 Dec. 14 166 units
Dec. 31 200 units
Assume that the business maintains a perpetual inventory system, costing by the first-in, first-out method. Determine the cost of goods sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit.
Under FIFO, if units are in inventory at two different costs, enter the units with the LOWER unit cost first in the Cost of Goods Sold Unit Cost column and in the Inventory Unit Cost column.

Answers

The cost of sales and the inventory balance at the given dates are:
Date         Cost of sales        Inventory Balance

Dec 12       $21,120                               214

Dec 14        $14,800                         48

Dec 31        $22,752                            14

What is FIFO?

FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold.

The items sold on Dec 12 would be taken from the beginning inventory.

Inventory left = (310 - 240) + 144 = 214

Cost of goods sold = 88 x 240 =   $21,120      

The items sold on Dec 14 would be taken from the beginning inventory and the items bought on Dec 10.

Inventory left = 214 - 166 = 48

Cost of goods sold = (88 x 70) + [(166 - 70) x 90] =

6160 +8640 = $14,800

The items sold on Dec 31 would be taken from the inventory purchase on Dec 10 and 20.

Inventory left = (48 + 240) - 200 = 88

Cost of good sold = (48 x 90) + [(240 - 48) x 96) =

4320 + 18,432 = $22,752

To learn more about FIFO, please check: https://brainly.com/question/294129

#SPJ1

The purpose of requirements structuring is to: A. enable the analysts to gather information on what the system should do from as many sources as possible. B. enable the analysts to identify several feasible alternatives. C. enable the large amount of information gathered during requirements determination to be organized. D. enable the analysts to develop a baseline project plan quickly. E. collect information about the information systems that are currently in use.

Answers

The purpose of requirements structuring is option (c) i.e, to enable a large amount of information gathered during requirements determination to be organized.

What is requirements determination?

Requirements In order to determine what the requirements are, how the system operates, and where improvements could be made, information must be gathered about the current system and studied. can include specific issues or characteristics as well as specifications for a new system.

The two contemporary strategies for determining needs, JAD and prototyping, were created and are based on the earlier conventional techniques.

Important Activities in Need Determination:

The system is being examined, and its attributes are being recorded for future research.At the core of system analysis, fact-finding methods, prototyping, and computer-aided tools are used to record and describe system features.

To know more about requirements determination refer to: https://brainly.com/question/27992359

#SPJ4

It took podcasts about 8 years to reach 1 billion downloads
True or False

Answers

True because many people have different styles so might like different things do it can be hard to make something many people like

Which feature is used to summarize data from multiple worksheets but does not require that the data be in the same location on every worksheet?

Answers

Consolidate data from each worksheet into a single worksheet to summarize and report results from several worksheets.

What is worksheet?

A group of cells arranged into rows and columns is referred to as a "worksheet" in Excel documents.

Data consolidation makes it possible to combine the information from various worksheets into one master worksheet.

In other words, the Data Consolidation function compiles information from a number of worksheets or workbooks into a single worksheet that you can quickly update.

As a result, data consolidation is summarizing data from multiple worksheets.

Learn more about on worksheets, here:

https://brainly.com/question/2554742

#SPJ1

An employee handling key management discovers that a private key has been compromised. Evaluate the stages of a key's life cycle and determine which stage the employee initiates upon learning of the compromise.

Answers

The stage the employee initiates upon learning of the compromise is Revocation.

How to illustrate the information?

Upon learning of a compromise, the current key should be revoked, and a new key can then be generated.

Certificate generation identifies the public part of a key pair as belonging to a subject, and the subject submits it for signing by the CA as a digital certificate with the appropriate key usage.

Key generation occurs during the initial distribution of the key, or after having revoked one. Expiration and renewal are used for a key pair that has not been revoked or expired after a certain period. A given shelf-life increases security.

Learn more about private key on:

https://brainly.com/question/15346474

#SPJ1

Slavin Movement has bonds on the market making annual payments, with 14 years to maturity, a par value of $1,000, and a current price of $1,108.60. At this price, the bonds yield 7.5 percent. What is the coupon rate

Answers

The coupon rate=8.781% as bonds on the market making annual payments, with 14 years to maturity, a par value of $1,000, and a current price of $1,108.60.

Explanation:

The price at the moment is stated as;

Current price=C×{1-(1/(1+r)^n)}/r+{F.V/(1+r)^n}

where;

C=current price

r=annual yield to maturity rate

n=number of years to maturity

F.V=face value

In our case;

C=$1,108.60

r=7.5%=7.5/100=0.075

n=14 years

F.V=$1,000

replacing;

1,108.60=C×{1-(1/(1+0.075)^14)}/0.075+{1,000/(1+0.075)^14}

1,108.60=C×{1-1/(1.075^14)}/0.075+{1,000/1.075^14}

1,108.60=(C×0.637/0.075)+363.313

1,108.60-363.313=8.48915 C

C=$87.81

But;

Annual coupon payments=coupon rate×face value

where;

annual coupon payments=$87.81

coupon rate=R%=(1/100)R=0.01 R

face value=$1,000

replacing;

87.81=0.01 R×1,000

R=87.81/(0.01×1,000)=8.781% = 8.781

Thus, The coupon rate=8.781%

For more details about the question click here:

https://brainly.com/question/13905447

#SPJ1

How does risk management differ from quality managemtn

Answers

A risk management differs from quality management because the risk management identifies areas of operational and financial loss.

What is a risk management?

This refers to the layer of protection at the beginning of the process to identify hazards before production even begins.

What is quality management?

This is the section involved in overseeing all activities that must be accomplished to maintain a desired level of excellence in a firm.

In conclusion, the risk management differs from quality management because the risk management identifies areas of operational and financial loss.

Read more about risk management

brainly.com/question/13760012

#SPJ12

Sunk costs are costs that ____. Multiple choice question. will not contribute to profits in the long run even if a project is accepted have already occurred and are not affected by accepting or rejecting a project relate to other projects of the firm cannot be measured

Answers

A sunk cost is a cost that have already occurred and are not affected by accepting or rejecting.

What is a sunk cost?

These refer to costs that the business has already incurred and so cannot recuperate regardless of whether they accept a project or not.

They therefore have no say on a project's acceptance and should not be included in any project analysis.

Find out more on sunk costs at https://brainly.com/question/14848662.

#SPJ12

Cheng is a district manager for a health insurance company. recent reports indicated that cheng's district was not performing as well as other districts in his region. cheng thinks he has been a poor leader and blames himself for the decline in performance in his district. cheng's view of the situation is an example of:_________.
a) tolerance of failure.
b) low self-esteem.
c) need for affiliation.
d) external locus of control.
e) internal locus of control.

Answers

(B) is correct i.e. low of self esteem.

Self esteem means confidence in oneself, its overall your opinion what to do, what is your interest, what do you think about your abilities, & what are you limitations.District Manager, this is such a renowned position which requires a lot of self- confidence, good communication, leadership and many more. Here Cheng's point of view is very negative, he is full of low confidence in himself , don't have patience and leadership quality so that he can manage the situation in the district. From my point of view blaming yourself can't be the solution of it.Cheng's should have that much confidence in himself than only he can manage the situation & can bring his district over the other.

Learn more about this here-

brainly.com/question/8992294

#SPJ10

The amount of a product an organization expects to sell during a certain period of time, based on a specified level of marketing effort, is called a:.

Answers

A sales forecast is the volume of merchandise that an organization anticipates selling over a given period of time, based on a predetermined level of marketing activity.

What exactly do you mean by marketing?

Marketing describes the actions a business does to encourage the purchase or sale of a good or service. Advertising, selling, and delivering goods to customers or other firms are all included in marketing.

Sales forecasting is the act of determining how much a sales unit—which can be a single salesperson, a sales team, or an entire company—will sell over the course of the upcoming week, month, quarter, or year.

Thus, organizing expectations for sales during a given period of time refers to the sales forecasts.

Learn more about sales forecasts.

https://brainly.com/question/15576475

#SPJ1

what are examples of government legislation designed to protect the consumer? (choose every correct answer.)

Answers

Some examples of government legislation in the united states which is aimed at protecting consumers include the following.

Federal Food, Drug, and Cosmetic Act,Fair Debt Collection Practices Act the Fair Credit Reporting Act Truth in Lending Act Fair Credit Billing ActThe Gramm–Leach–Bliley ActHow does Government protect Consumers?

Government provide legislation which helps in protecting consumers and their right.

 

 These legislation ensures that producers and manufacturers do not exploit the consumers for lack of options.

 The government does this by enacting laws that guarantees consumer protection thereby regulating the excesses in the market.

Learn more about consumer rights at https://brainly.com/question/27317480

#SPJ12

Karla Salons leased equipment from Smith Co. on July 1, 2021, in a finance lease. The present value of the lease payments discounted at 8% was $58,000. Ten annual lease payments of $8,000 are due each year beginning July 1, 2021. Smith Co. had constructed the equipment recently for $53,000, and its retail fair value was $58,000. What amount of interest revenue from the lease should Smith Co. report in its December 31, 2021, income statement

Answers

Smith Co. should report $4,900 amount of interest revenue from the lease in its December 31, 2021, income statement.

What is interest revenue?

Interest revenue is the earnings that an entity receives from any investments it makes, or on debt it owns.

Explanation:- 6 month depreciation expense on leased equipment (July 1 to Dec 31) = Fair value of equipment / Estimated useful life *6/12

    = $58,000/10 *6/12

    = $2,900

Interest expense up to Dec 31, 2021 = (Total present value of lease payment - Lease payment on July1, 2021) *8% *6/12

    = ($58,000 - $8,000) * 8% * 6/12

    = $2,000

Hence, the total decrease in earnings in income statement would be $4,900( 2,900 depreciation + 2,000 interest expenses)

Therefore, the answer is $4,900.

Learn more about the interest revenue here:-

https://brainly.com/question/14315121

#SPJ1

_______________ is the value of the best alternative given up when a choice is made.

Answers

Answer:

Opportunity costs

Hope it helps!

Moringa products corporation had common stock of $820,000 and retained earnings of $1,250,000 on january 1. during the year, $75,000 of common stock was issued. dividends of $48,000 were paid. for the year ended december 31, moringa reported a net income of $287,500. what is the retained earnings balance on december 31

Answers

Based on the beginning retained earnings balance and the net income as well as dividends, the retained earnings balance will be $1,585,500.

How much are retained earnings on Dec. 31?

This can be found as:

= Beginning retained earnings + Net income  + dividends paid

Solving gives:

= 1,250,000 + 287,500 + 48,000

= $1,585,500

Find out more on retained earnings at https://brainly.com/question/25998979.

#SPJ1

How could U.S. currency lose value?
A.) is torn or dirty . B.)
It lacks the new security features.
C.)Too many legal bills are printed and in circulation. D.)Too many people are counterfeiting print money and using it.

Answers

Answer:

C.) Too many legal bills are printed and in circulation

Explanation:

If more money was printed there would be an artificial overabundance of money, but the supply of goods would not increase. This would lead to inflation which would lower the currency value.

Answer: Too many legal bills are printed and in circulation.

Explanation:

A decision that involves doing a little more or a little less of something is called a:.

Answers

Answer:

Marginal decision.

the ______ is characterized by a commitment to equal opportunities in hiring and promotions, and does not directly link a work group’s productivity or success with diversity.

Answers

Discrimination-and-Fairness Perspective is characterized by a commitment to equal opportunities in hiring and promotions, and does not directly link a work group’s productivity or success with diversity.

What is the Discrimination-and-Fairness Perspective?

This is the concept or terminology that is based on the  fact that people are the same basically and have to treated the same way in their work places.

This perspective has to do with the fact that  and that all forms of differences or awareness has to be reduced to a great minimum.

Read more on discrimination here: https://brainly.com/question/1084594

#SPJ12

g The international Fisher effect: Group of answer choices is an example of absolute PPP focuses on changes over time in the relative price of traded baskets of goods and services between two countries none of the answers is correct is the difference in nominal interest rates across countries reflecting the difference in expected rates of inflation in those countries explains how the financial market prices one country's currency in terms of another's

Answers

The international Fisher effect is the difference in nominal interest rates across countries reflecting the difference in expected rates of inflation in those countries.

What does the Fisher effect show?

It shows that the nominal rate of interest in a nation usually follows the inflation rate because an inflation-adjusted rate needs to be formed.

This then leads to a change in exchange rates between countries because the difference in nominal rates shows the difference in inflation which is what devalues or appreciates a currency.

Find out more on the fisher effect at https://brainly.com/question/16036767.

#SPJ1

Managing the Economy with Monetary Policy In this exercise you will be evaluating the economic condition of the country and making decisions in order to keep the economy level. The amount of money in circulation has a tremendous effect on the economy and inflation. Imagine if you found $100,000 in cash floating around your front yard. What would you do with it

Answers

The inference if one finds $100,000 in cash floating around your front yard is to take it to the police.

What is an inference?

It should be noted that an inference simply means the conclusion that can be deduced based on the information given in a literary work.

In this case, the inference if one finds $100,000 in cash floating around your front yard is to take it to the police. This is essential to locate the owner.

Learn more about inference on:

brainly.com/question/25280941

#SPJ1

Other Questions
Decide if the statement is a command statement.Viene aqu.command statementnot a command statement MATH: Inverse function, 10 pts for your help! Question 7 * What is the default powerpoint standard layout A Blank B Title slide C Title only D. Comparison If Bob sells each fish at a profit of $1.25, how much money will he have after selling all 24 fish? Show your calculation.Best answer receives brainliest Express verbal statement in algebraic form. The cost to rent a sailing boat at Catalina Island is $370 per dayplus $80 for every hour of use. What is the maximum number ofhours the sail boat can be rented for each day, if the rental cost isnot to exceed $1090 per day? the cost of kg of apples is $262.50. find the cost of 25 kg of apples Which propaganda technique does this passage use? plain folks scapegoat bandwagon glittering generalities I WILL GIVE BRAINIESTThe measure of angle N is (3x + 18) degrees . The measure of angle B is (2x + 142) degrees. If angle N is the supplement of angle B, what is the measure of the two angles? Type the correct answer In the box. Spell all words correctly.What happens to your tax llability with proper financial planning?You canyour tax liability through proper financialplanning. Which line from The Most Dangerous Game best summarizes Rainfords attitude at the beginning of the story?-who cares how a jaguar feels?-the sensuousness of the night was on him.-the hot weather is making you soft, Whitney.-sometimes I think evil is a tangible thing. I keep putting in the formula but I keep getting the answer wrong The most efficient first step in the process to factor the trinomial 2x^3 - 18x^2 + 40x is: A. Factor out 2B. Factor out -1 C. Factor out 2x D. Factor out (x-5) Consider the circle represented by this equation.x + 4x + y2 - 2y - 4 = 0Which features are features of the circle? What is the payment on a 72 month, 5.99% car loan for $20,000 n Step 5, you will calculate H+/OH ratios for more extreme pH solutions. Find the concentration of H+ ions to OH ions listed in Table B of your Student Guide for a solution at a pH = 2. Then divide the H+ concentration by the OH concentration. Record these concentrations and ratio in Table C.What is the concentration of H+ ions at a pH = 2? mol/L What is the concentration of OH ions at a pH = 2? mol/L What is the ratio of H+ ions to OH ions at a pH = 2? : 1 1) Which situations are BEST modeled by an exponential function?esA) The yearly depreciation of a car.B) An investment compounded annually.C) The cost of screws sold by the pound.D) The amount of sugar to make a pound of fudge.E) The annual growth rate of a city's population. whos anton drexler? Books are our best friends.( make positive) Which statement describes the quadratic inequality in factored form that represents the relationship greater than or equal to the quadratic equation containing the point (6, -8) on the boundary and zeros -4 and 10? How many moles are in 15000 atoms of iron (Fe)?