1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Darya [45]
1 year ago
15

suppose that when the price of hamburgers​ decreases, the ruiz family increases their purchases of ketchup. to the ruiz​ family,

Business
1 answer:
Margaret [11]1 year ago
4 0

Suppose that when the price of hamburgers​ decreases, the ruiz family increases their purchases of ketchup. to the ruiz​ family: hamburgers and ketchup are complements.

<h3>What is complementary goods ?</h3>

Complementary goods can be defined as those goods or product that complement each others because they add value to each others or goods that are combine or use together by consumer or end user.

Hamburgers and ketchup are complementary goods based on the fact that the demand for ketchup increases when the price of hamburgers​ decreases.

Therefore suppose that when the price of hamburgers​ decreases, the ruiz family increases their purchases of ketchup. to the ruiz​ family: hamburgers and ketchup are complements.

Learn more about Complementary goods here:

brainly.com/question/4451139

brainly.com/question/8738100

#SPJ1

You might be interested in
Which one of the following is not one of the four most common ways people can save money in banks?
marysya [2.9K]

Answer:

Fractional Reserves

Explanation:

Banks are required to hold money to lend out. If you deposit $100 into your account that is $100 for the bank to lend that money out to ones who need it.

6 0
2 years ago
Under SEC rules, the managers of certain funds are allowed to deduct charges for advertising, brokerage commissions, and other s
GarryVolchara [31]

Answer:

These kind of fees that are deducted for advertising and other sales expenses directly from the fund rather than billing investors is known as 12 B-1 charges.

Explanation:

This is a fee assessed from a mutual fund to it's investors. The managers instead of charging or billing the investors, deduct certain amount directly  from the fund itself. This is a type of annual marketing and distribution fee considered as operational expense and is included in a fund's expense ratio.

8 0
2 years ago
What is the difference between comparative advantage and absolute advantage?
goldenfox [79]

Answer:

Absolute Advantage: The ability of an actor to produce more of a good or service than a competitor.

Comparative Advantage: The ability of an actor to produce a good or service for a lower opportunity cost than a competitor.

Explanation:

6 0
9 months ago
The costs of direct materials are classified as: Conversion cost Manufacturing cost Prime cost A) Yes Yes Yes B) No No No C) Yes
WARRIOR [948]

Answer:

D) No Yes Yes

Explanation:

As we know that

The conversion cost includes the direct labor cost and the manufacturing overhead cost

And, the manufacturing cost records the  

= Cost of direct material cost + Direct labor cost + Manufacturing Overhead cost

And, the prime cost includes the direct material cost and the direct labor cost that is directly related to the production process of the product.

4 0
3 years ago
Read 2 more answers
A country's overall level of interest rates should have an impact on the financial account of the BOP. Relatively low real inter
Alex777 [14]

Answer: a. True

Explanation: Higher interest rates tend to attract foreign investment, increasing the demand for and value of the home country's currency. Foreign investment involves capital flows from one country to another, granting extensive ownership stakes in domestic companies and assets. Foreign investment denotes that foreigners have an active role in management as a part of their investment. One major spur of this inflow and outflow is the existing interest rate a country offers. Higher interest rates increases inflow of capital. The opposite is true for countries with lower interest rates, as there is an outflow of capital to countries having higher interest rates.

5 0
2 years ago
Other questions:
  • Which language is the most common for worldwide trade and business?
    15·2 answers
  • _________ are information systems that process​ operational, social, and other data to identify​ patterns, relationships, and tr
    8·1 answer
  • What is the best order to look for funding sources
    5·1 answer
  • True or False: Contributions received in a prior period and restricted by the donor for construction of a building were reported
    5·1 answer
  • Aaron has designed innovative accessories for hard-core bicycling enthusiasts.He knows where and how he will make them,and he ne
    8·1 answer
  • Change champions are more likely to make mistakes:_________.
    5·1 answer
  • Scott is a manager at a large electronics company. His primary role within the organization is to plan for the "people needs" of
    9·1 answer
  • Journal Entries and Trial Balance
    6·1 answer
  • Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $161,000 Credit sale
    14·1 answer
  • What are the effects on the accounting equation when dividends are declared and paid?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!