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4 years ago

10

A store that sells books and a store that sells tools are what type of competitors? (Select the best answer.) Indirect competito

rs Partial competitors

1 answer:

boyakko [2]4 years ago

3 0

These are known as indirect competitors

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Suppose you have $10,000 in your checking account. you withdraw $500 cash from your account and hide it under your pillow for fu

wel

A, the money supply (how much currency in a country's economy at a time) is going to decrease by $4500! A required reserve ratio is basically a sort of rule that the government sets that says how much of a person's deposits must be set towards reserves.

3 0

4 years ago

Read 2 more answers

C. If the marginal cost of a gallon of milk increases, how will the household respond?

Stella [2.4K]

Answer:

If the marginal cost of a gallon of milk increases, how will the household respond?

C. The household will continue to consume the same amount.

Explanation:

The increase in the marginal cost of a gallon of milk will not greatly alter the quantity of milk consumed by a typical household. At this initial point when the marginal cost of a gallon of milk increases, the household is not affected because the seller has not shifted the cost to consumers. Even when the marginal cost increase is shifted to the consumers, the quantity required by the household remains the same. What may likely change at that stage is that the price at which the a household buys a gallon of milk increases marginally. The marginal increase will not distort demand for milk but households can change brands and not the quantity of milk, or at worst, they pay a higher price for a gallon.

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4 years ago

nted below is information related to Viel Company at December 31, 2020, the end of its first year of operations. Sales revenue $

algol13

Answer:

Viel Company

(a) Income from operations:

Sales revenue $310,000

Cost of goods sold 140,000

Selling & admin. expenses 50,000

Income from operations $120,000

(b) Net income:

Sales revenue $310,000

Cost of goods sold -140,000

Selling & admin. expenses -50,000

Income from operations $120,000

Gain on sales of plant assets 30,000

Interest Expense -6,000

Loss on discontinued operations -12,000

Net Income $132,000

(c) Comprehensive Income

Sales revenue $310,000

Cost of goods sold -140,000

Selling & admin. expenses -50,000

Income from operations $120,000

Gain on sales of plant assets 30,000

Interest Expense -6,000

Loss on discontinued operations -12,000

Net Income $132,000

Unrealized Gain on Investments -10,000

Comprehensive Income $122,000

(d) Retained Earnings balance at December 31, 2020:

Comprehensive Income $122,000

less Dividends 5,000

Retained Earnings Balance $117,000

Explanation:

a) Income from operations is the income generated from running the primary business and excludes income from other sources. For example, gains or losses from asset disposal and discontinued operations, and interest expense.

b) Net Income is the income from operations, including other sources of income, after adding or deducting non-operating gains or losses and interests.

c) Comprehensive income equals net income and unrealized income, such as unrealized gains or losses, and other non-operating gains and losses.

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3 years ago

If people expect the price of packaged coffee to rise next week, coffee demand will:

SVETLANKA909090 [29]

Increase, assuming packaged coffee=coffee, people will demand more coffee being aware that its price will be increased, thus they will try to consume its benefits before its price goes up.

4 0

3 years ago

Mr. Smith decides to feed his pet Doberman pinscher a combination of two dog foods. Each can of brand A contains units of prote

m_a_m_a [10]

Answer:

hello your question is incomplete below is the complete question

Mr. Smith decides to feed his pet Doberman pinscher a combination of two dog foods. Each can of brand A contains 3 units of protein, 1 unit of carbohydrates, and 2 units of fat and costs 80 cents. Each can of brand B contains 1 unit of protein, 1 unit of carbohydrates, and 6 units of fat and costs 50 cents. Mr. Smith feels that each day his dog should have at least 6 units of protein, 4 units of carbohydrates, and 12 units of fat. How many cans of each dog food should he give to his dog each day to provide the minimum requirements at the least cost? *Mr. Smith should give his dog ___ can(s) of brand A and ___ can(s) of brand B

<em>answer</em> : 1.5 cans of brand A and 1.5 cans of brand B

Explanation:

<u>Food A contains </u>:

3 units of protein , 1 unit of carbohydrates, 2 units of fat

cost of food A = 80 cents

<u>Food B contains :</u>

1 unit of protein , 1 unit of carbohydrates, 6 units of fat

cost of food B = 50 cents

<u>minimum ingredients required in the dog food daily </u>

6 units of protein , 4 units of carbohydrates, 12 units of fat

<em />

<em>In order to achieve the minimum/least cost of 195 cent. Mr. smith should give his dog 1.5 cans of Brand A and 1.5 can of brand B</em>

attached below is the detailed solution

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3 years ago