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Vedmedyk [2.9K]
2 years ago
12

The price of tents, a complement to sleeping bags, increases. how will this affect the market for sleeping bags?

Business
1 answer:
Lelu [443]2 years ago
4 0

If the price of tents should increase then it would cause the demand for sleeping bags to reduce.

<h3>What is a complementary good?</h3>

This is the term that is used to refer to the goods that are bought and used alongside another good. What this means is that both goods are used together.

Hence when the price of one complement good rises, it would cause the demand of that good to reduce and also reduce the market for that good.

Read more on complement goods here: brainly.com/question/1338465

#SPJ1

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Majer Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateStandard Co
irina1246 [14]

Answer:

Variable overheads efficiency variance = $13,040  favorable  

Explanation:

<em>Variable overheads efficiency variance is the difference between the standard hours of actual output and actual hours valued at the standard variable overhead rate per hour </em>

                                                                                       Hours

5,900munits should have taken (5,900× 0.9)          5,310

but did take                                                                 <u> 2050  </u>        

efficiency variance in hours                                         3,260 favorable

Standard rate per hour                                               <u>   $4.00 </u>  

Variable overheads efficiency variance                   <u>   13,040 favorable </u>

Variable overheads efficiency variance = $13,040  favorable          

3 0
3 years ago
MySpace is a social network that is targeted primarily to people under the age of 25 years old. In 2005, when MySpace was the le
mrs_skeptik [129]

Answer:

Social

Explanation:

In this secanrio social forces affected MySpace performance and they were eventually sold at $38 million from an initial value of $580 million.

Social factors affect consumer behaviour, through influence of a person or group on another through culture social class, reference groups and family.

My Space targeted only people below 25 years, so this means they cannot interact with people in other age groups. They lost appeal for MySpace as a result.

6 0
3 years ago
Clinicians and researchers seek to more efficiently and rapidly complete the cycle of bench to bedside to bench. these efforts a
DerKrebs [107]
These efforts are termed TRANSLATIONAL PHARMACOLOGY.
Translational pharmacology refer to the process by which researchers move the results of molecular and cell pharmaceutical research to the patients in the clinical settings who need the drugs and the evaluation of observed symptoms exhibited by the patient after the drugs are administered.
8 0
3 years ago
Exercise 16-12 Determining the payback period LO 16-4 Fanning Airline Company is considering expanding its territory. The compan
neonofarm [45]

Answer:

First plane = 3.5 years

Second plane = 4 years

The first plane should be chosen.

Explanation:

Payback period calculates the amount of time it takes to recover the amount invested in a project from its cumulative cash flows.

Payback period = Cost/ annual cash flows

For the first plane: $23,100,000 / 6,600,000 = 3.5 years

For the second plane = $32,000,000 / $8.000,000 = 4 years

Using the cash payback period, the plane with the shorter payback period would be chosen. So the first plane would be chosen.

I hope my answer helps you

5 0
3 years ago
To estimate the market value of a publicly traded bond that has a broad market with frequent trading, it is usually best to mult
Aleks04 [339]

B. False

As the market value of a public trade bond that has a broad market with frequent trading is determined by multiplying no of bonds by the bond's market price.

Finance is a wide time period that describes sports associated with banking, leverage or debt, credit, capital markets, money, and investments. basically, finance represents cash control and the procedure of acquiring wished budget.

The bond market—frequently referred to as the debt marketplace, constant-profits market, or credit marketplace—is the collective call given to all trades and troubles of debt securities. Governments commonly difficulty bonds so that they will increase capital to pay down money owed or fund infrastructural upgrades.

Learn more about The bond market here

brainly.com/question/26271508

#SPJ4

6 0
1 year ago
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