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BabaBlast [244]
3 years ago
12

For a normal good, if the price of a substitute good decreases then:

Business
1 answer:
geniusboy [140]3 years ago
8 0

Answer:

(B) the demand curve shifts leftward while the supply curve stays the same.

Explanation:

"Substitutes are goods where you can consume one in place of the other. The prices of complementary or substitute goods also shift the demand curve. When the price of a good that complements a good decreases, then the quantity demanded of one increases and the demand for the other increases. When the price of a substitute good decreases, the quantity demanded for that good increases, but the demand for the good that it is being substituted for decreases. "

Reference: Khan Academy. “Price of Related Products and Demand.” Khan Academy, Khan Academy, 2019

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All of the following statements regarding leases are true except : A. For a capital lease the lessee records the leased item as
faust18 [17]

Answer: B. Capital leases do not transfer ownership of the asset under the lease, but operating leases often do.

Explanation:

When using Capital Leases, the lessee will record the lease as if it were their own asset and as a result will also depreciate it. The lessee will also create a long term liability on their balance sheet for the asset.

Capital leases usually also involve a transfer of ownership to the lessee at the end of the lease term. Operating Leases on the other hand do not have these features. They are more like a rental of an asset and as such are recorded as a rental expense in the books of the lessee. The ownership remains with the lessor in an Operating Lease and the asset will be returned once the lease period is over.

5 0
3 years ago
What must the Nederlander Organization do effectively to take its musicals to foreign markets?
mart [117]

The Nederlander Organization must effectively use teaser and revealers promotion campaigns to take its musicals to foreign markets.

Option a

<u>Explanation:</u>

Nederlander Organization will adopt to the use of teaser and revealers promotion campaigns for its  musical foreign market. After doing the market analysis and known about the customer’s interest the company will go with the strategy called revealers promotion campaigns.

This is an advertising campaign which creates a curiosity in the minds of consumers till the brands last ad. This type of campaign will keep the consumers always think about the product and ad which is going to be launched soon.  

4 0
3 years ago
What is one of the best known functions of The Consumer Product Safety Commission?
Alik [6]

Answer:

<u>product recalls</u>

Explanation:

Note, the Consumer Product Safety Commission is an agency that is concerned with consumer product safety in general regardless of whether they are food-related products or not.

Hence, <u>this agency among its stated primary objectives on its official website includes carrying out product recalls where necessary.</u>

8 0
3 years ago
What is the term for controlling/owning each step of a production process?
Free_Kalibri [48]
Vertical Integration is the answer
3 0
4 years ago
Read 2 more answers
Tomas would like to know whether his new business will be profitable, how much financing he will need, and whether he will have
Crank

Answer:

Pro forma financial statements

Explanation:

The term pro forma financial statements refers to a type of financial statement which estimates future financial results. It doesn't follow the GAAP, instead it is designed to focus on specific figures about a company's expected earnings. Although pro forma financials are only expected financial statements, it is still illegal to mislead investors using them.

By preparing a pro forma financial statement, Tomas will be able to estimate if his new business will be profitable or not, approximately how much financing he will need and estimate the future cash flows of his project.

3 0
3 years ago
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