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Wewaii [24]
3 years ago
5

The manager of a gas station noticed that when prices in the convenience store of the gas station decreased, gas sales increased

. This could possibly be because the convenience store products are
Business
1 answer:
igor_vitrenko [27]3 years ago
7 0

Answer:

usually complements to the gas sales

Explanation:

Complementary products are those that their demand increases with the increased demand of other products.

Complementary products are usually used together. For example tea and sugar are consumed together, so an increase in tea consumption should result in an increase in sugar consumption.

In this scenario when the price of the convenience store products falls, their demand will increase. If there is an increase in gas sales too it is logical to conclude that the convenience store goods are complements of gas sales.

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The answer to your question is D. Hope I helped!
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3 years ago
The following information relates to next year's projected operating results of the Children's Division of Grunge Clothing Corpo
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Question:

The following information relates to next year's projected operating results of the Children's Division of Grunge Clothing Corporation:

Contribution margin.... 200,000

Fixed Expense.... 500,000

net operating loss..... (300,000)

If Children's Division is dropped, half of the fixed costs above can be eliminated. What will be the effect on Grunge's profit next year if Children's Division is dropped instead of being kept?

A) 50,000 increase

B) 250,000 increase

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D) 550,000 increase

Answer:

Option A is correct

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Explanation:

To determine whether or not it will be profitable to drop a loss making division, we compare the savings in fixed cost to the lost contribution from the division.

It is noteworthy that only the fixed cost attributed to division can only be saved should the division be shut down.

The analysis is done as follows:

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Lost contribution                                           (200,000 )

Savings in fixed cost (1/2× 500,000)          <u> 250,000 </u>

Net savings                                                 <u>   50,000</u>

Increase in profit = $50,000

3 0
3 years ago
The Constitution sets forth specific powers that can be exercised by the national government and provides that the national gove
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Answer:

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Trade-offs simply have to be made.

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Convincing colleagues and friends to donate at or near the maximum amount of $2,700 to an individual candidate and then deliveri
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