subject
Business, 27.06.2019 03:10 jackrider1598

Jason, a highminusschool student mows lawns for families in his neighborhood. the going rate is $12 for each lawnminusmowing service. jason would like to charge $20 because he believes he has more experience mowing lawns than the many other teenagers who also offer the same service. if the market for lawn mowing services is perfectly competitive, what would happen if jason raised his price? a. if jason raises his price, he would lose all his customers. b. he would lose some but not all his customers. c. initially, his customers might complain but over time they will come to accept the new rate. d. if jason raises his price, then all others supplying the same service will also raise their prices.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 19:00
What is credit and debit in accounting
Answers: 2
question
Business, 22.06.2019 05:00
Every 10 years, the federal government sponsors a national survey of health and health practices (nhanes). one question in the survey asks participants to rate their overall health using a 5-point rating scale. what is the scale of measurement used for this question? ratio ordinal interval nominal
Answers: 1
question
Business, 22.06.2019 06:00
Cash flow is often a problem for small businesses. how can an entrepreneur increase cash flow? a) locate lower-priced suppliers. b) forego sending in estimated tax payments to the irs c) shorten the terms on a bank loan to pay it off more quickly d) sell more low-margin items.
Answers: 1
question
Business, 22.06.2019 10:30
What are the positive environmental trends seen today? many industries are taking measures to reduce the use( _gold,carbon dioxide,ozone_) of -depleting substances and are turning to(_scarce,renewable,non-recyclable_) energy sources though they may seem expensive. choose one of those 3 option to fill the
Answers: 3
You know the right answer?
Jason, a highminusschool student mows lawns for families in his neighborhood. the going rate is $12...
Questions
question
Biology, 17.10.2019 10:30
Questions on the website: 13722361