Business, 09.11.2021 01:50 makaylahendrix8808
As the price of a good increases, all else being equal, consumers will likely purchase .(1 point)
A. less of the good because substitutes have become relatively less expensive
B. more of the good because substitutes have become relatively more expensive
C. less of the good because substitutes have become relatively more expensive
D. more of the good because substitutes have become relatively less expensive
Which of the following is not a determinant of demand?(1 point)
A. consumer preferences
B. prices of related goods
C. consumer incomes
D. cost of production
Sunscreen and beach towels are complementary goods. If the price of sunscreen increases, ceteris paribus, .(1 point)
A. the income of consumers will increase
B. the quantity demanded of beach towels will increase for every possible price
C. the income of consumers will decrease
D. the quantity demanded of beach towels will decrease for every possible price
Teenagers frequently purchase similar shoes from one of two major competing shoe manufacturers. If the price of one manufacturer's shoes increases dramatically, teenagers are likely to purchase .(1 point)
A. fewer shoes from the competing manufacturer at any given price, as the two brands are complements
B. more shoes from the competing manufacturer at any given price, as the two brands are substitutes
C. more shoes from the competing manufacturer at any given price, as the two brands are complements
D. fewer shoes from the competing manufacturer at any given price, as the two brands are substitutes
Answers: 2
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Being an expert problem solver is something you're either born with or not. true or false
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Business, 22.06.2019 13:00, eggoysters
Dakota products has a production budget as follows: may, 16,000 units; june, 19,000 units; and july, 24,000 units. each unit requires 3 pounds of raw material and 2 direct labor hours. dakota desires to keep an inventory of 10% of the next month’s requirements on hand. on may, 1 there were 4,800 pounds of raw material in inventory. direct labor hours required in may would be:
Answers: 1
Business, 22.06.2019 20:20, tytybruce2
Carmen’s beauty salon has estimated monthly financing requirements for the next six months as follows: january $ 9,000 april $ 9,000 february 3,000 may 10,000 march 4,000 june 5,000 short-term financing will be utilized for the next six months. projected annual interest rates are: january 9 % april 16 % february 10 may 12 march 13 june 12 what long-term interest rate would represent a break-even point between using short-term financing and long-term financing?
Answers: 3
Business, 22.06.2019 20:30, zachzach28280
Almeda products, inc., uses a job-order costing system. the company's inventory balances on april 1, the start of its fiscal year, were as follows:
Answers: 2
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