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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

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Consider two processes. If both versions create the same benefit, but one costs more than the other, the higher-cost version is less Efficient than the lower-cost version.

<h3>What is Process Quality?</h3>

Process Quality = measured in two dimensions: process effectiveness and process efficiency

Effective Business Process = enables the organization to accomplish its strategy. ex: investigating whether 3D printing will help accomplish the strategy of having the largest selection of parts in the industry

Efficiency Business Process = the ratio of benefits to costs. ex: consider two versions that create the same benefit, but one costs more than the other does, meaning the higher-cost version is less efficient than the lower-cost version/if both versions cost the same, but one generates less benefit than the other, then the lower-benefit one is less efficient.

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8 0
1 year ago
what are two significant strengths that can have an impact on your overall success? why do you think so?
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3 years ago
A matrix organization is any organization in which the project manager or project team leader actually shares responsibility for
vredina [299]

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3 years ago
E1-7 Preparing an Income Statement [LO 1-2]Home Realty, Incorporated, has been operating for three years and is owned by three i
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Explanation:

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