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3 years ago

Products whose demand rises when another product’s price increases are called

2 answers:

6 0

The correct option is SUBSTITUTE GOOD.
Substitute goods are goods which can be substituted for each other. If the price of one substitute good increase, the demand for the other substitute good will increase. For instance, for two goods A and B which are substitute, if the price of A increases, consumers will abandon A and start to buy more of B, whose price is lower, thus, the demand for good B will increase.

vekshin13 years ago

5 0

Answer:

The graph shows a demand curve.

A graph titled Demand Curve has Quantity Demanded on the x-axis, from 0 to 60 in increments of 10, and Price on the y-axis, from 0 to 20 dollars in increments of 2 dollars and 50 cents. A line with negative slope is on the graph.

What does the data shown in this graph represent?

A. a decrease in quantity demanded as prices decrease

B. an increase in price as quantity demanded decreases

C. a decrease in income as quantity demanded increases

D. an increase in quantity demanded as prices decrease

Explanation: OPTION D IS CORRECT

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How do you calculate the variable cost?

NikAS [45]

Calculate total variable cost by multiplying the cost to make one unit of your product by the number of products you've developed. For example, if it costs $60 to make one unit of your product, and you've made 20 units, your total variable cost is $60 x 20, or $1,200.

Hope this helps have a great day :)

6 0

2 years ago

When an investor appropriately applies the equity method, how should it account for any investee other comprehensive income (oci

Lorico [155]

Basically, the equity method is used to account the amount of an investment which is made by a company on an entity.However, this is done by an investor who contains a substantial amount of investment in the investee company.The investee records any adjustments in the other comprehensive income whereas the investor makes changes in the investment account.

6 0

3 years ago

Read 2 more answers

All of the following are types of operating costs except

makvit [3.9K]

Answer:

B. Equity Capital

Explanation:

I KNOW EVERYTHING

3 0

3 years ago

Do you think it is easier to increase or decrease government spending

Anna35 [415]

It is much easier to increase government spending, because it gives a temporary boost, whereas decreasing it would take away the benefits you had before, and might mess up other "things" that relied on that part you just removed to decrease government spending.

4 0

2 years ago

The following information about the payroll for the week ended December 30 was obtained from the records of Pharrell Co.:

hram777 [196]

Answer:

1) December 30, 202x, wages expense

Dr Wages expense 777,000

Cr Federal income taxes withheld payable 135,975

Cr OASDI taxes withheld payable 46,620

Cr Medicare taxes withheld payable 11,655

Cr Retirement savings (401k) payable 17,094

Cr Group insurance payable 11,655

Cr Wages payable 551,670

December 30, 202x, payroll tax expense

Dr OASDI taxes expense 46,620

Dr Medicare taxes expense 11,655

Dr FUTA taxes expense 240

Dr SUTA taxes expense 2,160

Cr OASDI taxes payable 46,620

Cr Medicare taxes payable 11,655

Cr FUTA taxes payable 240

Cr SUTA taxes payable 2,160

2) December 30, 202x, wages expense

Dr Wages expense 777,000

Cr Federal income taxes withheld payable 135,975

Cr OASDI taxes withheld payable 46,620

Cr Medicare taxes withheld payable 11,655

Cr Retirement savings (401k) payable 17,094

Cr Group insurance payable 11,655

Cr Wages payable 551,670

January 5, 202y, payroll tax expense

Dr OASDI taxes expense 46,620

Dr Medicare taxes expense 11,655

Dr FUTA taxes expense 4,662

Dr SUTA taxes expense 41,958

Cr OASDI taxes payable 46,620

Cr Medicare taxes payable 11,655

Cr FUTA taxes payable 4,662

Cr SUTA taxes payable 41,958

5 0

2 years ago