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maria [59]
2 years ago
15

Cinnamon Toast Crunch cereal and Just Right cereal are considered substitute goods. Accordingly, one could predict that, holding

all else constant, if the price of Cinnamon Toast Crunch cereal increases, we would see: Select one: a. the demand curve for Just Right cereal shift to the left. b. the demand curve for Just Right cereal shift to the right. c. the demand curve for Cinnamon Toast Crunch cereal shift to the left. d. the demand curve for Cinnamon Toast Crunch cereal shift to the right.
Business
1 answer:
serious [3.7K]2 years ago
5 0

b. the demand curve for Just Right cereal shifts to the right

<h3>What causes the demand curve to shift to the right?</h3>

When a factor other than price affects demand, the demand curve will shift. It happens when the price doesn't change but the demand for goods and services does.

If the determinant raises demand, the curve moves to the right. This indicates that even while the price remains the same, there is a greater demand for the commodity or service. The incomes of consumers will increase as the economy is flourishing. Despite the fact that prices haven't increased, people will purchase more of everything.

Learn more about the demand curve here:

brainly.com/question/26600986

#SPJ4

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When deciding whether to remain in​ school, the relevant cost of staying in school is ​$?
castortr0y [4]
When expressing the relevant of cost in staying in dollar will be $<span>22500 in whole numbers. Staying in school when you are already in college is a challenge, because you are already one step forward to your success so it its hard to stop going to school, you need to do something so that you will be able to continue your schooling.</span>
3 0
4 years ago
Managing Bad News Within Organizations
True [87]

Answer:

Scenario 1. B. Prepare and rehearse.

2. B. Offer a clear, sincere explanation.

C. Communicate the news openly.

3. A. Reveal specific reasons for not hiring the applicant.

D. Use an indirect pattern.

4. Option 1

Explanation:

Delivering bad news is inevitable in every organization. Some factors are of utmost importance when having to do this. They include;

1. Being clear and concise.

2. Being straightforward while still providing assurance.

The direct approach announces the bad news just at the introduction of the speech. Whereas, the Indirect approach is used when the audience is not well known. It employs some form of explanation before the bad news is delivered.

1. Being tactful and professional would require adequate preparation so as to choose words properly and put people's feelings into consideration.

2. To avoid spreading rumors within and outside the organization, the president would have to address his staff openly. He should be clear and concise when doing this.

3. To make room for good relationship and not break the confidence of the applicant, the HR should begin with an explanation of why the applicant was not hired.

4. The general manager should encourage the employee's effort to be trained but in order not to jeopardize the present schedule, future arrangements would need to be made.

4 0
3 years ago
Suppose that in a monopoly market the total cost per week of producing a high tech product is given by C(x) =3600+100x+2x^2.
vazorg [7]

Answer:

10 units;

50 units.

Explanation:

The revenue function is given by the price function multiplied by the number of units sold (x).

R(x) = x*p(x)=500x-2x^2

The break even point occurs when Revenue equals costs:

C(x) =R(x)\\3600+100x+2x^2=500x-2x^2\\4x^2-400x+3600 = 0\\x^2-100x+900=0\\x=\frac{100\pm \sqrt{100^2-(4*900)}}{2}\\x_1=10\\x_2=90

Therefore, the smallest number of units required for the company to break even is 10 units.

Maximum profit will be achieved at that number of units for which the derivate of the profit function is zero:

P(x)=R(x) - C(x) \\P(x)=3600+100x+2x^2-(500x-2x^2)\\\frac{dP(x)}{dx}=0=8x-400\\x=50

The number of units that will give maximum profit is 50.

3 0
3 years ago
You are comparing two mutually exclusive projects, Project X and Project Z. The crossover point is 11.4 percent. You have determ
Elis [28]

Since the crossover point is 11.4 percent and have decided to accept project X because the required return is 12.7 percent, it that implies that we sould always accept Project X if the required return exceeds the crossover rate.

Crossover rate refers to the cost of capital where the net present values of 2 projects are equal.

  • After the cross over rate, the project X will remain better compared to project Y.

  • Hence, since the crossover point is 11.4 percent and have decided to accept project X because the required return is 12.7 percent, it implies that we should always accept Project X if the required return exceeds the crossover rate.

Therefore, the Option C is correct.

Missing options <em>"</em><em>A. accept Project Z if the required return is less than 12.7 percent. B. be indifferent to the projects at any discount rate above 12.7 percent. C. always accept Project X if the required return exceeds the crossover rate. D. always accept Project X E. accept Project Z only when the required return is equal to the crossover rate."</em>

<em />

Read more about crossover rate

<em>brainly.com/question/10538159</em>

7 0
2 years ago
If the government is required to balance the budget and the economy falls into a recession, which of the actions is a feasible p
nika2105 [10]

Answer:

The correct answer is: cut spending equal to the reduction in tax revenue.

The correct answer is: The negative consequences of the recession are magnified.

Explanation:

Recession is likely to cause a reduction in the aggregate demand, consumer income, and spending will decrease as well. As a result, the tax revenue to the government will fall as well.

A balanced budget means that government expenditures should be equal to revenue. So if the government wants to have a balanced budget it needs to reduce its spending by the same amount as the reduction in the tax earnings.

This will lead to a reduction in the aggregate demand further magnifying the effects of the recession.

7 0
3 years ago
Read 2 more answers
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