subject
Business, 12.09.2019 02:30 aljdones

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.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 18:20
James sebenius, in his harvard business review article: six habits of merely effective negotiators, identifies six mistakes that negotiators make that keep them from solving the right problem. identify which mistake is being described. striving for a “win-win” agreement results in differences being overlooked that may result in joint gains.
Answers: 2
question
Business, 22.06.2019 07:20
Suppose that real interest rates increase across europe. this development will u.s. net capital outflow at all u.s. real interest rates. this causes the loanable funds to because net capital outflow is a component of that curve.
Answers: 1
question
Business, 22.06.2019 13:50
Diamond motor car company produces some of the most luxurious and expensive cars in the world. typically, only a single dealership is authorized to sell its cars in certain major cities. in less populous areas, diamond authorizes a single dealer for an entire state or region. the manufacturer of diamond automobiles is using a(n) distribution strategy for its product.
Answers: 2
question
Business, 22.06.2019 13:50
Read the following paragraph, and choose the best revision for one of its sentences.dr. blake is retiring at the end of the month. there will be an unoccupied office upon his departure, and it is big in size. because every other office is occupied, we should convert dr. blake’s office into a lounge. it is absolutely essential that this issue is discussed at the next staff meeting. (a) because every other office is occupied, it’s recommended that we should convert dr. blake’s office into a lounge. (b) because every other office is filled, we should convert dr. blake’s office into a lounge.
Answers: 2
You know the right answer?
You're an entrepreneur and had a great idea to sell shoes that have springs installed in them to mak...
Questions
question
Geography, 07.11.2020 01:50
question
Health, 07.11.2020 01:50
question
Mathematics, 07.11.2020 01:50
Questions on the website: 13722363