Business, 22.10.2020 07:01, rebeccamckellpidge
An article in the Wall Street Journal on the recreational vehicle (RV) Industry listed several factors that led to a larger quantity of RVs sold:
a. Increase confidence among households that their future income will rise
b. Low-interest banks to finance the purchase of an RV
c. Falling gasoline prices
d. The 'glamping' trend That has seen a much younger generation embrace the RV lifestyle.
Briefly explain whether each of these factors caused a movement along the demand curve for RVs or a shift in demand curves for RVs. If you believe the demand curve shifted, Explain whether the curve shifted to the right or to the left.
Answers: 1
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Business, 22.06.2019 13:00, ksteele1
Apopular low-cost airline, parson corp., has gone out of business. although the service and price provided by the airline was what customers wanted, the larger airlines were able to drive the low-cost airline out of business through an aggressive price war. which component of the competitive environment does this illustrate? a) threat of new entrants b)competitors c) economic factors d) customers d) regulators
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Business, 22.06.2019 19:50, joel4676
The new york company produces high quality chairs. variable manufacturing overhead is applied at a standard rate of $12 per machine hour. each chair requires a standard quantity of six machine hours. production for the month totaled 4,000 units. calculate: the standard cost per unit for variable overhead. select one: a. $130,000 b. $192,000 c. $90,000 d. $100,000
Answers: 2
An article in the Wall Street Journal on the recreational vehicle (RV) Industry listed several facto...
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