Business
Business, 07.04.2021 23:00, stdntlogin3206

Scenario 1: Sam starts a small business that specializes in manufacturing sleeping bags. Sam's sleeping bags sell for the price of $100 but another supplier undercuts his price and sells a similar sleeping bag for $75. Consumers choose to buy the less expensive sleeping bag to the dismay of Sam.
Does this scenario relate to the law of supply, demand, or neither? Justify why you believe this to be true.​

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 10:00, Randomkid0973
University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.
Answers: 1
image
Business, 22.06.2019 10:30, alyea231
Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst
Answers: 1
image
Business, 22.06.2019 19:20, IrieBoy7584
Why is following an unrelated diversification strategy especially advantageous in an emerging economy? a. it allows the conglomerate to overcome institutional weaknesses in emerging economies. b. it allows the conglomerate to form a monopoly in emerging economies. c. it allows the conglomerate to use well-defined legal systems in emerging economies. d. it allows the conglomerate to take advantage of strong capital markets in emerging economies.
Answers: 1
image
Business, 22.06.2019 22:00, sandovalito
Indicate whether each of the following companies is primarily a service, merchandise, or manufacturing business. if you are unfamiliar with the company, use the internet to locate the company's home page or use the finance web site of yahoo. 1. alcoa inc. 2. boeing 3. caterpillar 4. citigroup inc. 5. cvs 6. dow chemical company 7. ebay inc. 8. fedex 9. ford motor company 10. gap inc. 11. h& r block 12. hilton hospitality, inc. 13. procter & gamble 14. suntrust 15. walmart stores, inc.
Answers: 3
Do you know the correct answer?
Scenario 1: Sam starts a small business that specializes in manufacturing sleeping bags. Sam's slee...

Questions in other subjects: