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Natasha2012 [34]
3 years ago
10

Assume two goods are substitutes. Ceteris paribus, a decrease in the price of one good will cause the equilibrium price of the o

ther good to ____
Business
1 answer:
Volgvan3 years ago
8 0

Answer:

Fall or decrease

Explanation:

Other things being constant, if two goods are close substitutes, decrease in the price of one good will lead to fall in the demand of its substitute, The price of the good that has fallen is now available at cheaper price. So consumers will demand more of cheaper good, thereby increasing its demand and decreasing the demand of substitute good. As such, both equilibrium price and quantity of other good falls or decrease.

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Empowering employees can lead to so many kinds of performance gains that organizations often use their reward systems to promote
nirvana33 [79]
The answer is true because empowerment is a positive thing which leads to a positive outcome.
3 0
2 years ago
A CPA issued an unqualified opinion on the financial statements of a company that sold common stock in a public offering subject
JulijaS [17]

Answer:

The misstatement is immaterial in the overall context of the financial statements.

Explanation:

An immaterial misstatement is an omission that has not been treated correctly but is not significant enough to negatively influence the use of the financial statements or the decisions made by those using them. This immaterial misstatements do not represent fraud or intentional wrongdoing.

7 0
3 years ago
For most people, the purchase of a Ford automobile would employ which type of consumer decision making?
Nostrana [21]

Answer:

Extended decision making

Explanation:

Extended decision making is the decision making which involve the very high level of the purchase, an internal as well as extensive information search which is followed by the complex computation of the alternatives available and thorough evaluation is taken place when the purchase will take place.

So, for most of the people, when the decision of purchase is to be made like for the Ford automobile, the people will choose the extended decision making as it is expensive, infrequently purchased products.

5 0
3 years ago
Calculate the percentage rate management fees on the following: $575 adjusted per-unit fee, 50 total units, $600,000 annual gros
arlik [135]

Answer:

19.1% management rate.

Explanation:

Adjusted fee charge per unit = 575

Adjusted fee charge for total unit of product = 575 * 50 = $28750

Net after feel charge on goods = 600000 - 28750 = $571250

15% vacancy and loss rate = .15 * 571250 = $85687.5

Total management fee per year = $114437.5

Percentage rate management fee = (114437.5/600000) *100

= 19.1 %

8 0
3 years ago
QS 23-16 Product pricing LO P6 Garcia Co. sells snowboards. Each snowboard requires direct materials of $122, direct labor of $5
anzhelika [568]

Answer:

Selling price= $336.6

Explanation:

Giving the following information:

Variable costs:

direct materials= $122

direct labor= $52

variable overhead= $67

Total unitary variable cost= $241

Total fixed costs= 679,000 + 114,000= $793,000

<u>First, we need to calculate the total unitary cost:</u>

Total unitary cost= (793,000/12,200) + 241

Total unitary cost= $306

<u>Now, the selling price:</u>

Selling price= 306*1.1

Selling price= $336.6

5 0
3 years ago
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