Answer:
Advertise guppy gums and raskels
Explanation:
Cross price elasticity is used the determine the relationship between two goods. Quantity of compliments increases together, while with subsititutes increase in one results in reduction of the other.
Cross elasticity of guppy gums and raskels= -5/4= -1.25
Negative cross elasticity means the products are complimentary. When price of guppies goes up its demand will reduce, demand of raskels will also reduce
Cross elasticity of guppy gums and kipples= -5/-6= 0.8333
When cross elasticity is positive, the goods are substitutes. As price of guppies goes up its demand goes down, and demand for kipples goes up.
So we will decide to market compliments together because increase in demand for one leads to increase in demand for the other.
We will go with guppy gums and raskels
Answer:
(C) $26,000.
Explanation:
The debit to Finished Goods Inventory to record the completion of Job XX4 is the total cost for Job XX4 completion;
The job cost sheet showed $8,000 in direct labor at a rate of $20 per direct labor hour, then the total labor hour taken is 400 hours (= $8,000/ $20)
Factory overhead is applied at $30 per direct labor hour, then the total overhead is $12,000 (= 400 hours x $30 per hour)
The total cost = direct materials + direct labor + overhead = $6,000 + $8,000 + $12,000 = $26,000
It looks like the answer would be 2 because 6 x 3 = 18, but 6 can only go into 15 2 times. 6, 12, 18. Hope this helps! Plz mark me brainliest!!!
Answer: B. GO fell by $10 billion, while GDP was unchanged.
Explanation;
Gross Output is different from GDP in that where GDP only takes into account the dollar value of the final output so as to avoid double counting, the Gross Output takes into account those intermediate expenses and consumption that were used to create the final goods and services.
As such, if the dollar value of distribution activity fell to $70 billion then the Gross Ouput would also have to fall by the equivalent amount which in this case would be $10 million.
As all other values did not change, then neither did the dollar value of final output meaning that GDP did not change.
Answer:
lost value compared to the German mark because inflation was lower in Germany
Explanation:
Inflation is a persistent rise in the general price levels
Types of inflation
1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise
2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect
If inflation of the currency of a country increases relative to that of another country, the value of that currency decreases