You're an entrepreneur and had a great idea to sell shoes that have springs installed in them to make walking easier. however, the development costs were so high that the shoes are priced 15 times higher than shoes without springs. as a result, many of the shoes have gone unsold. what possible event could eliminate the disequilibrium in the market for shoes?
a. a study reveals that shoes with a spring can increase the chance of a broken leg.
b. there is an increase in income and "spring shoes" are a normal good.
c. there is an increase in income and "spring shoes" are an inferior good.
d. there is a decrease in the price of rubber, which is an input in the production of shoes.
b. there is an increase in income and "spring shoes" are a normal good.

The chromosome manufacturing company produces two products, x and y. the company president, jean mutation, is concerned about the fierce competition in the market for product x. she notes that competitors are selling x for a price well below chromosome's price of $13.50. at the same time, she notes that competitors are pricing product y almost twice as high as chromosome's price of $12.50.ms. mutation has obtained the following data for a recent time period: product x product y number of units 11,000 3,000 direct materials cost per unit $3.23 $3.09 direct labor cost per unit $2.22 $2.10 direct labor hours 10,000 3,500 machine hours 2,100 1,800 inspection hours 80 100 purchase orders 10 30ms. mutation has learned that overhead costs are assigned to products on the basis of direct labor hours. the overhead costs for this time period consisted of the following items: overhead cost item amount inspection costs $16,200 purchasing costs 8,000 machine costs 49,000 total $73,200using direct labor hours to allocate overhead costs determine the gross margin per unit for product x. choose the best answer from the list below.a. $1.93b. $3.12c. $7.38d. $2.43e. $1.73using activity-based costing for overhead allocation, determine the gross margin per unit for product y. choose best answer from list below.a. $10.07b. ($2.27)c. ($5.23)d. ($7.02)e. $7.02

What is baruch shemtov's product, and how did he begin creating it? (site 1)

Baylaine is a company that sells affordable, low-end cell phones. baylaine's customers can register product or service complaints with the company through emails; the company's customer support team replies to customer queries and complaints within five hours of the receipt of an email. in the context of customer relationship management, baylaine most likely establishes with its customers.