True A currency devaluation is a decrease in a nation's currency's value in comparison to that of other nations' currencies.
What is an example of a currency devaluation?When a nation's government deliberately lowers the value of its currency, this is known as devaluation. Instead of allowing market forces to determine its value, a nation must bind its domestic currency to another currency before taking this action. For instance, Panama binds the balboa, the country's currency, to the US dollar.
How does currency devaluation affect things?The deliberate downward adjustment in the official exchange rate known as devaluation lowers the value of the currency; A revaluation, on the other hand, is an increase in the value of the currency. The domestic currency's lower value in comparison to other currencies is a key effect of devaluation.
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what type of promotional strategy promotes to the consumer? question 8 options: a) pull strategy b) aida strategy c) push strategy d) market strategy
There are several types of promotional strategies that can be used to promote to the consumer. A pull strategy is one where the company uses advertising and other marketing techniques to create demand for the product.
This can be done through using celebrity endorsements, creating a need for the product, and using other techniques to generate interest. AIDA is a strategy that focuses on creating awareness, interest, desire, and action in the consumer. This is done through using various marketing techniques to create an emotional connection with the consumer and get them to take action.
A push strategy is one where the company uses its sales force and distributors to promote the product to retailers. This can be done through providing incentives, training, and support to the sales force and distributors. Market strategy is one where the company uses market research to identify opportunities and target consumers. This can be done through segmenting the market, targeting specific consumer groups, and using marketing mix modelling to optimise the marketing mix.
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there is a cost function such that marginal cost is always less than average cost. what must be true about average cost?
The average variable cost is falling when marginal cost is lower than average variable cost. It is untrue to say that "the average cost can never be equal to the marginal cost."
When the average cost is constant and at its lowest level, the average cost and marginal cost are identical. The marginal cost is lower than the average cost as the average cost drops. The marginal cost is higher than the average cost when the average cost rises. The marginal cost is equal to the average cost when the average cost remains the constant (at a minimum or maximum).
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2. (1pt) what is the value of an infinite series of $50 semiannual payments growing at a rate of 4% every six months and with a discount rate of 10% apr compounded semiannually? how would your answer change if the growth rate was 5% every six months?
It usually multiplies by 100 to show the difference in GDP between one period and the next. This difference is expressed as a percentage of GDP from the previous period.
The value of the infinite series of payments is calculated as follows: Value = PMT/(r - g) Value = 50/(0.10 - 0.05) Value = 50/0.05 Value = $1,000 The value of the infinite series of payments with a growth rate of 5% Growth rate every six months, g = 5% = 0.05 APR = 20% compounded semiannually s = Number of semi-annual periods per year = 2
How is the perpetuity growth rate calculated?g is the increase in cash flows over time. The terminal value in year n (for instance, year 5) is the product of the growth rate and the free cash flow from year 5 multiplied by 1 divided by the WACC (w) – growth rate (g).
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when a consumer makes an online purchase directly through social media without using a company's website, it is considered blank . multiple choice question. mobile marketing social commerce showrooming webrooming
When a consumer makes an online purchase directly through social media without using a company's website, it is considered social commerce. The correct answer is option B.
Social commerce uses social media sites for the promotion and sale of goods and services. Customers can make purchases using this kind of selling model without leaving social networking apps.
Customers can utilize social commerce to research products, engage with customer service and make purchases. It may be because social commerce offers a more convenient and engaging shopping experience that it is gaining popularity. By 2026, it is predicted that social commerce would have a global value of $2.9 trillion.
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when using a weighted-criteria evaluation system with five or more categories, suppliers should be ranked based on their score in only the two highest weighted categories. when using a weighted-criteria evaluation system with five or more categories, suppliers should be ranked based on their score in only the two highest weighted categories. true false
When using a weighted-criteria evaluation system with five or more categories, suppliers should be ranked based on their score in only the two highest weighted categories. when using a weighted-criteria evaluation system with five or more categories, suppliers should be ranked based on their score in only the two highest weighted categories. The given statement is false.
A decision-making tool that evaluates potential options against some strong factors is called a weighted criteria matrix. Deciding between optional solutions and selecting the most common and striking software application to purchase. The weighted scores can be calculated by multiplying the weight for each criterion by its score and adding the resulting values.
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a security analyst and their team go through the entire list of assets in the company and assign each item a level of priority. then they group the assets in the same levels together so they can create defense strategies for each group. what is this process called?
a security analyst and their team go through the entire list of assets in the company and assign each item a level of priority. then they group the assets in the same levels together so they can create defense strategies for each group. This process is called Bundling critical assets.
What are the Primary Asset Types?A resource is an asset if it is held or controlled by a person, business, or government with the intention of reaping financial rewards. Current, non-current, physical, intangible, operating, and non-operating assets are examples of common asset kinds. For a firm to survive, particularly in terms of its solvency and associated risks, it is essential to correctly identify and categorize the different types of assets.
According to the International Financial Reporting Standards (IFRS) framework, an asset is a resource that the business controls as a result of historical occurrences and from which it anticipates future financial gains.
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assume that the price of big mac in japan is yen750 while that in the united states is $5.50. if the yen-dollar exchange rate is 125yen/dollar, what is the valuation of japanese yen?
The valuation of Japanese yen is 9.1% when the yen-dollar exchange rate is 125 yen/dollar.
Exchange rate:
Exchange rate defines the cost of exchanging one currency for another. And the rates are generally fluctuating due to economic and political factors.
Given,
Assume that the price of big mac in japan is yen 750 while that in the united states is $5.50.
Here we need to find the valuation of Japanese yen when the yen-dollar exchange rate is 125 yen/dollar.
First, we have to identify the rate of one yen in dollars.
In order to find that, we have to divide the dollar rate by the yen value, then we get,
=> 1 yen = 1/125
=> 1 yen = 0.008 dollar
Now, to find the valuation we have to divide the product price by the yen equivalent value, then we get,
=> 5.50/0.008
=> 9.1%
Therefore, the valuation of Japanese yen is 9.1%.
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according to the efficient markets hypothesis, if the value of a stock based on market fundamentals is greater than its current stock price, then the stock:
Efficient market hypothesis assumes a financial security is always priced correctly. Furthermore, this implies that stocks are never undervalued or overvalued.
What is Efficient market hypothesis?
The efficient market hypothesis (EMH), also referred to as the efficient market theory, is a theory that claims that share prices accurately reflect all available information and consistent alpha generation is impossible.
Equities always trade at their fair value on exchanges, according to the EMH, making it impossible for investors to buy undervalued stocks or sell them for inflated prices.
The only way an investor can earn larger returns is by making riskier investments, as it should be impossible to outperform the market as a whole through excellent stock selection or market timing.
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mary is a licensed real estate professional. she only performs licensed real estate activities and does not receive any compensation from lenders, mortgage brokers, or other mortgage-related parties. does she need an mlo endorsement?
Yes, mary needs an MLO endorsement as she is engaged in a licensed real estate selling and purchasing property activity.
What is an MLO Endorsement?A mortgage lender (MLO) is an individual or institution that helps potential borrowers obtain suitable mortgages for real estate transactions. MLOs are the first mortgage lender and work with borrowers through the application, approval, and closing process. An MLO is either a loan company, a mortgage broker, or a loan officer.A mortgage originator is defined as a person who assists a borrower through the mortgage application process and loan closing.A mortgage lender is either a bank or financial institution that originates and sells mortgages, but the term can also apply to anyone employed to help obtain a mortgage. People who act as mortgage lenders are also known as loan officers.Mortgage originators assist borrowers through the mortgage application process and loan closing. This may include gathering credit and financial information, evaluating your needs and financing options that make sense to you, negotiating interest rates, and submitting underwriting applications.Thus, mary needs a mlo endorsement because it acts as a unique identification number on her business card.
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According to the course materials, which of the following is the single largest contributor to the probability that a firm will end up in financial distress?Broad economic conditionsThe firm’s industryThe amount of leverage in the firm’s capital structureThe competence of the firm’s management
The single largest contributor to the probability that a firm will end up in financial distress according to course materials is C. The amount of leverage in the firm’s capital structure.
What leads to financial distress?A company is said to be financial distress when it does not have enough money to cover its operational and otherwise needs. This often happens when a company has borrowed too much and therefore exhausted the credit facilities it had.
This means that the single largest contributor to financial distress in the future of a firm is the amount of leverage that it has in its capital structure. More leverage increases the probability of financial distress.
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the makers of tide laundry detergent partnered with the makers of febreze air fresheners to come up with a new line of laundry detergent infused with febreze scents. in turn, febreze also came up with a new air freshener featuring tide's original scent. this is an example of
The makers of tide laundry detergent partnered with the makers of Febreze air fresheners to come up with a new line of laundry detergent infused with Febreze scents. in turn, Febreze also came up with a new air freshener featuring tide's original scent. this is an example of co-branding.
Tides are very long-length waves that flow via the ocean in response to the forces exerted by the moon and sun. Tides originate inside the ocean and development toward the coastlines where they seem because of the normal upward thrust and fall of the sea floor.
Flood Tide – Over a length of numerous hours there might be an upward push in the sea stage. excessive Tide – that is a degree wherein the water reaches its most degree. Ebb Tide – this is a stage where the sea level keeps receding over several hours. Low Tide – the level of Seawater stops receding.
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what was the result on appeal of the r. j. reynolds tobacco case in the text in which the trial court awarded a smoker approximately $200,000 against r. j. reynolds tobacco?
R.J. Reynolds Tobacco Co. prevailed after a state appeals court on Wednesday overturned a $10.6 million judgment against the tobacco company in a case involving a woman's lung cancer death.
Since the spokesperson in the cited instance was made to resemble a cartoon character, entertainomercials are created. Given that the sales presentation featured a cartoon character, let's presume it is a well-known one.
Therefore, sales pitches are referred to as entertainomercials when they contain aspects of prime-time programs.
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What role do executive departments and agencies play in fulfilling the constitutional duties of the executive branch?.
Under Article II of the Constitution, the President is accountable for the execution and social control of the laws created in fulfilling the constitutional duties.
Fifteen government executive departments — every LED by Associate in Nursing appointed member of the President's cupboard — perform the day-after-day administration of the national.
The U.S. Department of Health and Human Services (HHS) is the U.S. government's principal agency for shielding the health of all Americans and providing. The President will draw on 3 sources to issue an Associate in Nursing government action (a government action is an Associate in Nursing government order or memorandum).
The Cabinet and freelance Federal agencies are accountable for the day-after-day social control and administration of Federal laws.
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what is collusion? a merger of two sellers agreements between sellers to increase their market power regulatory restrictions on the entry of new sellers into an industry cooperation between sellers to increase the level of competition
A non-competitive, secret, and even unlawful agreement between rivals to upset the market's equilibrium is known as collusion.
Collusion occurs when parties that would typically compete with one another decide to work together in order to obtain an unfair competitive advantage. The parties to a collusion agreement may decide to jointly adjust the supply of a good on the market or settle on a predetermined price point that enables the partners to maximize their profits at the expense of other rivals.
Across various market types, there are numerous ways that collusion might manifest itself. Organizations as a whole benefit unfairly in each situation. Price fixing is one of the most prevalent forms of collaboration. Prices may be artificially increased to support group interests at the expense of the customer or may be forcibly reduced to eliminate smaller competitors. In general, price fixing can limit or eliminate competition while also raising obstacles for potential entrants even further.
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ariel is an acquisition and procurement specialist for the federal government. federal policies require at least three bids must be received from qualified suppliers and the lowest bid that meets specifications will be accepted. in this case, ariel is dealing with a(n)
In this case, ariel is dealing with a Programmed decision.
The essence of programmed judgments is repetitive and routine. That is, this sort of choice or response to a circumstance is typical and mostly automated inside the business.
Procedures, Policies, or Rules are commonly used to document programmed choices. Programmed decisions deal with somewhat routine issues. They're organized and repeated. Non-programmed decisions are concerned with one-of-a-kind decisions and odd challenges that are non-repetitive and ill-defined.
Examples of programmed choices include creating weekly work plans for part-time employees, making decisions about employees who are late for work, and replenishing office supplies.
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the united states raised the dollar price of gold by nearly $15 per ounce in 1934. what was the result?
The result of raising the dollar price led to consumer prices getting doubled.
In the United States, consumer prices have approximately doubled since the Roosevelt government increased the dollar price of gold in 1934. As a result, gold's price had to climb since the dollar was overpriced in relation to gold until gold was abandoned as the foundation for a medium of exchange. American officials, on the other hand, claimed that the $35 price of gold was "immutable."
In order to avoid being caught with too many dollars on their hands, foreign creditors would instigate a run on the gold supply if they felt that this country was about to devalue. Everyone who had dollars in their possession before the devaluation would experience significant losses since more dollars would be needed to purchase a given amount of gold.
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the harmonization of member nations' tax rates plus a common monetary and fiscal policy are all required to form a(n)
The harmonization of member nations' tax rates plus a common monetary and fiscal policy are all required to form an economic union.
An economic union is an arrangement between two or more countries that permits unrestricted trade in commodities, services, money and labor. To foster this unified market, the nations may also coordinate their social and financial policies. An economic union is made up of a common market and a customs union. The participating nations share a similar external trade policy as well as shared rules on product regulation, the free flow of products, services and production factors.
One example of an economic union is the European Union (EU). In order to collaborate on addressing economic and financial difficulties, the EU member states coordinate their separate economic policies, rules and regulations. The Euro, which is used by all 19 EU countries, is the official currency.
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managers untangle issues that come up around professional roles and responsibilities which is particularly noticeable in the area of staff hiring and training, where who can make the difference between a successful operation and a disastrous day?
In order to accomplish specified goals, business management entails the monitoring, organization, and coordination of business resources and processes.
What is the introduction to business management?A business manager is responsible for carrying out a variety of daily tasks to maintain the overall health of the company, its projects, cash flow, and team members. This article fully examines the introduction to business management.The planning, organizing, directing, leading, and controlling functions—commonly regarded as the core components of company management—need to be examined. Simply put, a business manager's responsibility is to make sure that resources and personnel are efficiently coordinated so that necessary tasks can be completed and business goals can be met. Here, we provide a brief introduction to business management, outlining the competencies required and the duties of a business manager on a daily basis.To Learn more About business management refer to :
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Your store sales average 190000 per month your triple net lease has tbe following monthly terms: rent is 5% of sales insurance is 300 maintenance is 75 utilities total 300 and taxes are 120 you expect next years sales to increase 5% but your lease terms will remain the same calculate the next years annual leade payment
The next year's annual lease payment is $129,240. The term “Lease Payment” is analogous to the rental payment. It refers to the payment created between the owner and renter, per the contract.
A Lease payment refers to the amount that's adequate for the monthly rent prearranged in an exceedingly contract by 2 parties.
Step 1: Verify next year's regular payment.
Since next year, the sales regular payment can have increased by seven-membered, we can verify next year's annual sales as shown:
F=P(1+R)
where;
Next year regular payment
This year's regular payment
R=salary increase rate
In our case;
F=unknown, to be determined
P=190,000 per month
P=(190,000×12)=$2,280,000 annually
R=5%=5/100=0.05
replacing;
F=2,280,000(1+0.05)=$2,394,000
Step 2: Verify next year's rent.
Next years rent=0.05×2,394,000=$119,700
Step 3: Verify insurance, maintenance, utilities and total annual taxes.
Total=annual insurance payments+annual maintenance payments+annual utilities payments+annual taxes
Total=(300×12)+(75×12)+(300×12)+(120×12)=$9,540
Step 4: Verify next year's annual lease payments.
Next year's annual lease payments=next year's rent payment+ insurance+maintenance+utilities+annual taxes
where;
Next year's rent payment=$119,700
Insurance+maintenance+utilities+annual taxes=$9,540
replacing;
Next years annual lease payments=(119,700+9,540)=$129,240
Next year's annual lease payments=$129,24
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at the end, willy decides he is better off dead because the insurance money will take care of linda and the house. however, what do neither of them realize?
In the end, Willy decides he is better off not alive because the insurance money will take care of Linda and the house. However, neither of them realizes that Willy this step to provide for Linda and the children.
Finally, Willy makes the decision to leave the world. Not just because he recently lost his work, with which he was barely making enough money to cover basic bills at the time.
He does it mainly because he believes that Biff will be able to do something with the life insurance payoff, enabling at least one of the Lomans to realize his unattainable ambition of enormous wealth and success.
This proposal of Biff infuriates Willy to no end since it implies that he will not take the $20,000 and turn it into a fortune. Linda also thinks his action proves he didn't love her because it leaves her all alone.
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you live in a no fault insurance state. another driver damages your car in a parking lot ,but doesn't leave their contact information. true or false. your insurance will cover the damages to your car.
You live in a NO FAULT insurance state. Another driver damages the car in a parking lot, but does not leave their contact information. Your insurance will cover the damages to your car - True
What are the 4 types of insurance?
The four types of insurance that financial experts recommend includes:
LifeHealthAutoLong-term disabilityWhat is insurance and its types?
Insurance helps to protect the insured person or their family against financial loss. There are many types of insurance policies. Life, health, homeowners.
What is the importance of insurance?
Insurance plans are beneficial to anyone looking to protect their family, assets/property and themselves from financial risk/losses: Insurance plans will help you pay for medical emergencies, hospitalization, contraction of any illnesses and treatment, and medical care required in the future.
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understand the different types of pricing objectives and how pricing affects each one:] a. survival b. profit c. return on investment d. market share e. cash flow f. status quo g. product quality
Only in special circumstances or on a temporary basis may survival pricing be used.
How does pricing policy impact an organization's ability to survive?Many operations of the firm's activities are directly correlated with a product's price. Demand will be impacted by a price decision, which in turn will have an impact on the firm's income. Similar to this, a profitable company tends to draw in more new funding.
How price impacts revenue?Your pricing approach will have an impact on the profit margin you make on each unit sold; assuming you don't lose sales, charging more will result in a higher profit margin. In contrast, higher pricing that result in lower sales volumes might reduce or even erase your profits because your overhead costs per unit rise as you sell fewer units.
What is ROI and how is it impacted by pricing?ROI is to quantify the relationship between an investment's return and cost. ROI is calculated by dividing the benefit (or return) of an investment by its cost. A percentage or ratio is used to represent the outcome.
How market share is impacted by pricing?Customers' interest and loyalty can be attracted by offering lower and more alluring prices. The vital sales that increase market share could increase as a result. In addition to providing promotions, coupons, freebies, and other benefits to customers, a business can consider discounts on the actual cost of the goods.
How do prices impact cash flow?One of the key aspects of a company's performance that directly affects cash flow is pricing. If you overcharge for your services, your cash flow will suffer along with your profit margin. If you price things too expensive, you run the danger of pricing potential clients out who either can't or won't pay.
How do prices impact the status quo?The more that higher prices denote higher quality, the less sensitive consumers become to price. Competition pricing, also referred to as status quo pricing, is either keeping current prices (status quo) or basing prices on those of rival businesses.
How does product quality relate to price?Small pricing adjustments translate into huge quality changes when prices are low. Small price changes correspond to smaller quality changes when prices are higher. But in every situation, more expensive goods are of superior quality.
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if a firm has a target to break-even and fixed annual costs of $80,000 and a contribution margin ratio of 40%, what are the dollar sales required to break-even?
The amount of revenue needed to break even for a company with $80,000 in fixed annual costs and a 40% contribution margin is $2,00,000.
Describe break-even.One can figure out the break-even point (break-even price) for a transaction or investment by comparing the market value of an asset to its initial cost. When the two prices are equal, you've reached the break-even point. In corporate accounting, the break-even point is determined by dividing the total fixed costs of production by the revenue per unit less the variable costs per unit.
In this context, fixed costs are those expenses that are constant regardless of the number of units sold. In other words, the break-even point is the production level where a product's total revenues and total expenses are equal.
Calculation:
Fixed Cost to Contribution Margin Ratio = BE
[tex]BE=\frac{80,000}{0.40}\\BE=2,00,000[/tex]
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ow did the use of water as a power source limit the development of industry? multiple choice question.
The use of water as a power source limited the development of the industry as the proximity of flowing water was required for mills.
The family was altered by industrialization because it went from being a unit of production to a unit of consumption, which reduced fertility and changed how spouses, parents, and children interacted with one another. Depending on social class and occupation, this change happened unevenly and gradually. Factory owners had little influence because it was simple to hire immigrants who would work for less money in their place.
However, during the Industrial Revolution, corporate investors built mills and factories for production that used water power on a much larger scale and for various purposes, producing an extraordinary amount of textiles, shoes, paper, and iron goods for markets all over the world.
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knowledge check 01 most companies compute the materials price variance when raw materials are . multiple choice received from suppliers and transported to raw materials inventory. withdrawn from raw materials inventory and used in production. ordered from suppliers. moved from work in process inventory to finished goods inventory.
Most companies compute the materials price variance when raw materials are purchased and transported to raw materials inventory.
When the actual price paid for materials used in production differs from the standard price for the materials, there is a material price variation (MPV). If the actual cost of the materials is less than the benchmark cost, the material price variance will be favorable.
The Material Price Variance will, however, be negative if the cost of the materials is higher than the benchmark cost.
Only a few of the causes of a material price variation include an increase in price, changes in transportation costs, changes in the volume of the order, changes in the quality of the materials being purchased, and other factors.
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eff stapleton acquired a $1,995 installment loan to pay for a new laptop computer. he will repay the loan in 12 monthly payments of $174.70. determine the approximate apr.
9.25% is the approximate APR
The annual percentage rate (APR) is the interest generated by a sum charged to borrowers or paid to investors each year. APR is a percentage that represents the actual yearly cost of funds over the life of a loan or the income earned on an investment. This includes any fees or additional costs associated with the transaction but excludes compounding. The APR provides consumers with a single number that they can use to compare lenders, credit cards, and investment products.
An annual percentage rate (APR) is the annual interest rate charged on a loan or earned on an investment.
Before any agreement is signed, financial institutions must disclose the APR of a financial instrument.
To protect consumers from misleading advertising, the APR provides a consistent basis for presenting annual interest rate information.
Because lenders have a fair amount of leeway in calculating it, an APR may not accurately reflect the actual cost of borrowing.
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according to the ife, if british interest rates are lower than u.s. interest rates a. the british pound will depreciate against the dollar. b. the british inflation rate will decrease. c. the british pound will appreciate against the dollar. d. today's forward rate of the british pound will equal today's spot rate. e. the british pound's value will remain constant.
According to the IFE, if British interest rates exceed U.S. interest rates the British pound will depreciate against the dollar.
The British pound is the official currency of the United Kingdom. The pound sterling is the fourth most-traded currency in the foreign exchange market. It is also the third-largest reserve currency after the U.S. dollar and the euro.
The British interest rates at a record low of 0.5% since March 2009 in an effort to support the UK economy during the recession. However, with the economy now showing signs of recovery, there is growing speculation that interest rates will start to rise in the near future.
Hence, the correct option is "A".
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leases with a term of one year or more are required to be in writing according to the california statute of .
Leases with a term of one year are to be in writing according to the California statute of frauds.
A verbal agreement may be used to construct a lease with a term of no more than one year. All leases, including those with monthly periods, should be reduced to writing for clarity and to lower the likelihood of controversy both during the lease term and after the tenant has surrendered the premises. According to California's Statute of Frauds, a lease must be in writing.
It has to be in writing if it has a term of more than one year or one that expires more than one year after the agreement is made. A lease with a term of ten months that starts three months after an agreement is reached is an illustration of a lease that must be in writing if it is less than a year long.
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calculate the total cost of land if the purchase price was $150,000; the real estate broker commission were $10,000, and the demolition cost for the old building was $5,000.
The total cost of land will be 165,000 if the purchase price was $150,000; the real estate broker commission were $10,000, and the demolition cost for the old building was $5,000.
The total variable and fixed costs of a batch of goods or services are determined using the total cost formula. For calculating the overall cost of a product or product line, these data may be helpful.
Calculating the average total cost is a crucial step in your accounting process when pricing your goods and services. Making sure your product prices are high enough to cover both your variable and fixed costs is done in this stage. The total cost formula assists firms in calculating their overall operating costs.
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rising business optimism and confidence will cause a: multiple choice 1 rightward shift of the aggregate demand curve. leftward shift of the aggregate demand curve. rightward shift of the aggregate supply curve. leftward shift of the aggregate supply curve. falling business optimism and confidence will cause a: multiple choice 2 leftward shift of the aggregate demand curve. rightward shift of the aggregate demand curve. rightward shift of the aggregate supply curve. leftward shift of the aggregate supply curve.
Increased optimism and business confidence will cause the aggregate demand curve to shift to the right.
The demand curve is a graph of the relationship between the price of a product and consumer demand over a certain period of time. The demand curve can be represented visually through graphs. This graph refers to the price point of a product shown on the vertical axis and the number of consumers shown on the horizontal axis. By using this demand curve graph, the company will see precisely about consumer demand for a product at a certain price, whether it is increasing or decreasing.
When the price of a product increases, the demand for that product decreases, so you can see the curve in the graph. If the curve is flat, it can be interpreted that this situation occurs when the difference between price and quantity demanded is very thin. Thus, the price point has succeeded in obtaining product demand.
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