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Dvinal [7]
8 months ago
6

price of bread increases. if peanut-butter is a complement, we would expect to see group of answer choices caramel's quantity de

mand increase. caramel's demand decrease. caramel's demand increase. caramel's quantity demand decrease.
Business
1 answer:
Angelina_Jolie [31]8 months ago
3 0

Price of bread increases. if peanut-butter is a complement, we would expect to see caramel's quantity demand decrease.

The amount of bread demanded will decline as bread prices rise. The cost of bread will rise in tandem with the rise in demand. Keep in mind that peanut butter and jelly go well together.

Even though the price of jelly remained the same, we are eating less jelly because we are eating less peanut butter. Jelly's popularity declines (jelly demand curve shifts inward).

For peanut butter, the income elasticity is -3. According to this, peanut butter is a subpar product. Any good with a negative income elasticity is subpar because you consume less of it as income levels rise. The amount supplied will eventually reach zero.

To know more about  complement product, refer:

brainly.com/question/10423146

#SPJ4

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You are cautiously bullish on the common stock of the Wildwood Corporation over the next several months. The current price of th
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Answer:

650

Explanation:

A call option is an option to buy a product or asset at a stated price at a later date. The risk of call option is capped at premium for buying the option. Wildwood corporation will incur cost of 650 to establish the bull money spreads with calls.

8.5 +4.5 = 13

13 * $50.00 = $650

3 0
3 years ago
On January 1, 2021, Legion Company sold $260,000 of 8% ten-year bonds. Interest is payable semiannually on June 30 and December
Galina-37 [17]

Answer:

$12,021

Explanation:

Calculation to determine what Legion should report bond interest expense for the six months ended June 30, 2021, in the amount of:

Using this formula

Interest paid =[Bonds amount*(Priced to yield/2)]

Let plug in the formula

Interest paid = $200,356*( 12%/2)

Interest paid=$200,356*6%

Interest paid =$12,021

Therefore Legion should report bond interest expense for the six months ended June 30, 2021, in the amount of:$12,021

3 0
2 years ago
One recurring problem in supply chain management is when information about the demand for a product gets distorted as it passes
vfiekz [6]

Answer: Bullwhip Effect

Explanation:

The Bullwhip Effect occurs as a result of changes in the original information about the demand of a product as the information passes across the supply chain.

In the Bullwhip Effect small changes at the customers end of the supply chain leads to large variation in the manufacturing end of the chain.

8 0
3 years ago
The use of a differentiation strategy would be expected to be LEAST effective in which of the following markets? a. Commodity go
Tema [17]

Answer:

The correct answer is letter "A": Commodity goods.

Explanation:

A differentiation strategy is an approach adopted by companies to make the goods or services they offered unique compared to their competitors. Most firms tend to use price as the main key to the difference between their products and the competitors'.

Thus, <em>the differentiation strategy is less likely to be applied in commodity goods because they are inherently unique such as oil, natural gas, precious metals or foreign currencies</em>.

3 0
2 years ago
For the doctrine of promissory estoppel to​ apply, which of the following is NOT a required​ element? A. the promisor should hav
erik [133]

Answer:

C) there was an​ offer, acceptance, and consideration

Explanation:

The doctrine of promissory estoppel requires that the following 5 elements must exist:

  1. The parties must anticipate that some type of legal relationship will exist between them.
  2. One party must have made a promise to another party.
  3. One party must rely on the promise made by the other party.  
  4. The party that relied on the promise made by the other party must suffer a detriment if the promise is not fulfilled.
  5. Unconscionability , in other words, there is nothing that forbids the party from performing the promise.
3 0
3 years ago
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