Answer:
A. Forced introduction of a national currency.
B. Provided federal contracts to arms and clothing manufacturers.
C. Improved infrastructure particularly in the form of the transcontinental railroad and telegraph systems.
Explanation:
The Civil War was a war between the then Northern States who comprised the Union and the then Southern States who comprised ti Confederacy in an attempt to get the Confederacy to rejoin the United States of America.
The war had many casualties but some good was done to the economy in terms of the following;
- There was a forced introduction of a national currency known as the Greenbacks after Congress passed the Legal Tender Act of 1862.
- The Federal Government increased spending in the economy by providing federal contracts to arms and clothing manufacturers to aid the troops.
- Improved infrastructure to enable information get to soldiers faster as well as to move soldiers faster especially in the areas of telegraph development and the construction of the transcontinental railroad.
Cannibalization occurs when a producer offers a new product that takes sales away from its existing products: TRUE
<h3>
What is cannibalization?</h3>
- Cannibalization in marketing strategy refers to a decrease in sales volume, sales revenue, or market share of one product when the same company releases a new one.
- Cannibalization occurs when a manufacturer introduces a new product that competes with its existing items.
- Market cannibalization occurs when a corporation introduces a new product that replaces one of its existing ones.
- When a new product is identical to an old one and both share the same client base, market cannibalization occurs.
Therefore, the statement "cannibalization occurs when a producer offers a new product that takes sales away from its existing products" is TRUE.
Know more about cannibalization here:
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The correct question is given below:
Cannibalization occurs when a producer offers a new product that takes sales away from its existing products. TRUE or FALSE
Answer:
b. $1.87
Explanation:
Number of order taking costs = $20,592
Number of orders = 187,200
Cost of activity
= $20,592 ÷ 187,200
= $0.11
The Statement of overhead allocated is given below:-
Number of orders = 17
Cost per activity = $0.11
Cost
= 17 × $0.11
= $1.87
Therefore, the overhead is applied to the Tucker family account for order taking costs $1.87
Providing "and to whom" can be risky because it does not specify an exact name, and anybody who is in that position at a later time, can be affected by whatever is being referred.
Answer:
Inelastic: Demand for business goods tends to be me more inelastic than demand for consumer goods.
Explanation:
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