Demand for gym memberships

Assignment Help Business Economics
Reference no: EM132559448

Suppose there is a permanent decrease in demand for gym memberships.

Explain how you think this would impact profits for firms in that market in the short run, and in the long run

Reference no: EM132559448

Questions Cloud

Prepare journal entries to record the fair value model : Ali Baba PJSC acquired, Prepare journal entries to record the fair value model and the cost model assuming the company adopts.
Achieve a balanced budget every year : Explain why it would generally not be considered wise economic policy for a government to attempt to achieve a balanced
Determining what aspects of public policy must be included : Identify What Is Significant. A difficult task in applying any model is determining what aspects of public policy must be included.
Preparing financial statements at the end of the year : What if you really believe the lower profitability is caused by factors outside your control? Would this make the false reporting acceptable?
Demand for gym memberships : Suppose there is a permanent decrease in demand for gym memberships.
Explain the meaning of each ratio : Explain the meaning of each ratio. (What information does it provide?) Do companies want the ratio to be a higher or a lower figure? Why?
Prevent the transmission of covd-19 : Explain why it would generally not be considered wise economic policy for a government to attempt to achieve a balanced budget
What the beta of the market will be : If the overall stock market will produce a rate of return of 12.5%, the beta of the market will be _____________ . Provide numerical answer to 2 decimal places.
Leadership efforts within your organizational setting : Discuss and least two concepts that would improve your own leadership efforts within your organizational setting.

Reviews

Write a Review

Business Economics Questions & Answers

  Time and space algorithm

If G= (V, E) is a directed graph with V = {1,2,...,n}, for all u in V, define L(u) to be the smallest integer v such that there is a path from u to v. Write an O(V + E)-time and space algorithm that, given a directed graph G = (V,E), computes L(u)..

  Explain why only two of the three objectives can be achieved

Explain why only two of the three objectives can be achieved at any point in time also they want to fix the nominal exchange rate, in order to stabilize the price level.

  Decimal separator and comma to separate groups of thousands

Let W represents an individual’s annual earned income and U(W) = (W/10)0.5 is this individual’s von Neumann-Morgenstern utility index (or utility function) . This individual earned income is $49,000. This individual faces the prospect of a 20% chance..

  What is taxable income for the first year

What is taxable income for the first year, and how much should the company expect to pay in taxes?

  Briefly explain how long-run equilibrium is

Briefly explain how long-run equilibrium is different for each of the following types of markets: perfect competition, monopolistic competition, and monopoly.

  Organization of petroleum exporting countries produces

The following graph represents the world market for oil. The Organization of Petroleum Exporting Countries (OPEC) produces a large portion of the world's oil. Suppose OPEC representatives get together and agree to limit the global production of oil. ..

  Converting republican ideology into a real government

The first effort at converting “republican ideology” into a real government resulted in the Articles of Confederation. What were the strengths/weaknesses of this government? Why did the Founders create this government? After only a decade America’s l..

  Input for the production of beef

Given that "high-value forage" is an input for the production of beef, how is the market for beef impacted by the drought? What happens to the equilibrium price

  Study the problem of missing goods

The chief of security for Mall of the Dakotas was directed to study the problem of missing goods. He selected a sample of 100 boxes

  What does it cost you attend the concert

Recently, you saw that StubHub was listing similar seats for $225 apiece. What does it cost you attend the concert?

  Positive economics and normative economics

Distinguish between Positive Economics and Normative Economics. GIVE EXAMPLES.

  Recent price increase of a product or service

Identify two of the economic principals that you want to learn more about and why. Discuss a recent price increase of a product or service

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd