Business, 07.03.2020 05:59 lilyrockstarmag

"As fewer people buy gym memberships, the demand for running shoes will decrease and the price of a pair of running shoes will increase. The rise in the price of a pair of running shoes will increase the supply of running shoes."
This statement is because .
a. true; the increase in the price of a pair of running shoes increases the supply of running shoes to eliminate the shortage.
b. false; a decrease in demand for running shoes does not increase the price of a pair of running shoes and an increase in the price of a pair of running shoes does not increase the supply of running shoes.
c. true, when the demand for running shoe increases, the supply for running shoes increases too so that no surplus occurs
d. true; when the demand for running shoe increases, the supply of running shoes increases so that the price of a pair of running shoes does not increase
e. false; the decrease in the demand for running shoes creates a surplus and to eliminate the surplus, supply increases

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 20:30

Elizabeth believes her company has discriminated against her because her minority coworkers, who are less qualified, have been promoted ahead of her. which agency should elizabeth contact? - national alliance of business- affirmative action council- equal employment opportunity commission- federal trade commission- fair employment practices agency

Answers: 2

Answer

Business, 21.06.2019 22:30

For many years, kellogg's frosted flakes, a ready-to-eat breakfast cereal, was perceived as a cereal for children. tony the tiger, a cartoon character, extolled frosted flakes, and advertisements depicted children enjoying the product with tony in competitive situations. recently, in response to declining sales of frosted flakes, the cereal maker has adopted a new series of advertisements that show adults admitting that they enjoy frosted flakes, too. kellogg's is attempting to

Answers: 1

Answer

Business, 22.06.2019 09:50

Acar manufacturer uses new machines that automatically assemble an engine from parts fed to the system. the machine can regulate the speed ofassembly depending on the number of parts produced. which type of technology does this machine use? angenoem mense wat ons in matin en esta va ser elthe machine uses

Answers: 3

Answer

Business, 22.06.2019 18:00

1. what is the amount of interest earned after two years on a $100 deposit paying 4 percent simple interest annually? $8.00 $4.08 $8.16 $4.00 2. what is the amount of compound interest earned after three years on a $100 deposit paying 8 percent interest annually? $24.00 $8.00 $16.64 $25.97 3. a business just took out a loan for $100,000 at 10% interest. if the business pays the loan off in three months, how much did the business pay in interest? $2,500.00 $10.00 $250.00 $10,000.00 4. what is the annual percentage yield (apy) for a deposit paying 5 percent interest with monthly compounding? 5.00% 5.12% 79.59% 0.42%

Answers: 1

Answer

You know the right answer?

"As fewer people buy gym memberships, the demand for running shoes will decrease and the price of a...

Questions

Business, 15.11.2021 07:20

Considering the market risks of interest rate, foreign exchanges, and commodity price risk, assess the risk that you believe may have the most signifi...