Business, 04.10.2019 21:10 samariahmiddlebrooks

Because coke and pepsi are substitutes, a decrease in the price of pepsi will cause the demandfor coke to decrease. this initial shift in demand for coke results in a lower price for coke; thislower price will cause the demand curve for coke to shift to the left.ʺwhich of the followingcorrectly comments on this statement? a) the statement is false because one cannot assume that coke and pepsi are substitutes for allconsumers. b) the statement will be true if consumer tastes for coke and pepsi do not change. c) the statement is false because pepsi is an inferior good; coke is a normal good. d) the statement is false because a change in the price of coke would not change the demandfor coke

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 01:00, cranfordjacori

Cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely: cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely:

Answers: 3

continue

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

continue

Business, 22.06.2019 16:30, allytrujillo20oy0dib

Summarize the specific methods used by interest groups in order to influence governmental decisions making in all three branches of government. provide at least two examples from each branch.

Answers: 3

continue

Business, 22.06.2019 21:30, natasniebow

True or false payroll withholding includes income tax, social security tax, medicare tax as well as money you deduct for your retirement fund.

Answers: 1

continue

You know the right answer?

Because coke and pepsi are substitutes, a decrease in the price of pepsi will cause the demandfor co...