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inessss [21]
2 years ago
11

a. what happens to the number of sandwiches and ice cream cones consumed if the price of ice cream cones rises to $2 a piece?

Business
1 answer:
FinnZ [79.3K]2 years ago
3 0

It is to be noted that the demand for sandwiches and ice cream cones consumed after the price of ice cream cones rises to $2 a piece will both reduce (all things being equal).

<h3>Why would the demand for both items reduce?</h3>

The demand for both goods will both come down because they are complementary or joint demand goods.

A pair of goods are termed "joint demand" when both must or usually is consumed with the other.

Recall that (where all things are equal) demand will decrease as price increases.

Learn more about demand at;
brainly.com/question/1245771
#SPJ11

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Steelweld, a car parts manufacturer, pays employees a higher hourly rate as they learn to master more parts of the work process.
Reptile [31]

Answer:

<u>The correct answer is A. Skill-based pay.</u>

Complete question and statement: Steelweld, a car parts manufacturer, pays employees a higher hourly rate as they learn to master more parts of the work process. Employees earn $10 per hour when they are hired and they can earn up to $20 per hour if they master all 12 work units in the production process. Which of these reward systems is being applied by Steelweld?

A. Skill-based pay

B. Piece-rate pay

C. Job evaluation system

D. Seniority-based pay

E. Membership-based pay

Source: https://www.coursehero.com/file/p6jelia/p-166-Steelweld-a-car-parts-manufacturer-pays-employees-a-higher-hourly-rate-as/

Explanation: It is perfectly clear that this car parts company is promoting the development of skills during the production process. The employee knows in advance that as he or she develops a greater number of skills, he or she will have a better pay. The formula for a better payment is disclosed.

7 0
3 years ago
You see information everywhere. Sometimes it is useful and sometimes it is not. Think of a scenario in which you think informati
IRISSAK [1]

Answer:

Getting Hacked

Explanation:

Information is one of the (if not the most) powerful weapon that exists and a great asset to those that possess it. That being said if you get hacked and that information gets stolen it can easily turn from being an asset to a liability. The individual that stole this information can use it against you in many ways such as stealing money, blackmail, using your identity, etc. The possibilities are endless.

5 0
3 years ago
A credit card issuer charges an apr of 13.50%, and its billing cycle is 30 days long. what is its periodic interest rate?
Serga [27]
Let’s just say that the entire year is 365 days. So, we need to divide the APR (13.50%) to 365. This gives us a value of 0.037% and since the the billing cycle is 30 days, we need to multiply 0.037% to 30 to get it’s periodic interest rate. Therefore, the periodic interest rate is 1.11%.
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3 years ago
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Explanation:

8 0
3 years ago
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faust18 [17]

Answer:

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Explanation:

Opportunity cost is simply defined as the next best alternative.

Opportunity cost also refers to the loss of foregone gain which could have resulted had a non chosen option been selected over the chosen option. For instance, the opportunity cost of storing money at home is the average market rate of interest which would've been earned had the same money been invested.

In the given question, the opportunity cost of a t shirt would be :

= \frac{30\ Protein\ Bars}{4\ T\ Shirts}

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