Answer and Explanation:
The complementary goods are those goods which are used together while on the other hand the substitute goods are those goods that are used in place of one another
Based on this, the classification is as follows
1. Complementary goods
2. Substitute goods
3. Substitute goods
The above represents the classifications
Answer:
The correct answer is D
Explanation:
Competition is the term which is described as the rivalry among companies selling the similar products and the services in order to achieve or accomplish the market share growth, revenue and profit.
The competition among the business is a contest or the rivalry among the firms or organization to win the revenue. It is the fundamental force, that benefits or advantage the customers as the firms are under the pressure in order to improve the products and also provide or offer the attractive prices.
<span>Baldwin has a ROE of 0.23 (ROE = net income/equity). that means: Baldwin has an return on equity of 23%. The ROE is the amount of net income that is </span>returned as a percentage of shareholder quality. ROE and this equation shows the corporations profitability but showing how much profit they have with the money that is invested by shareholders.
Answer:
Crazy Delicious Inc.
The standard direct materials cost per bar of chocolate is:
= $0.21.
Explanation:
a) Data and Calculations:
A batch of chocolate = 1,800 bars
Ingredient Quantity Price Total Cost
Cocoa 480 lbs. $0.30 per lb. $144.00
Sugar 150 lbs. $0.60 per lb. 90.00
Milk 120 gal. $1.20 per gal. 144.00
Total standard materials costs $378.00
Standard direct materials cost per bar $0.21 ($378/1,800)
b) The standard direct materials cost per bar is computed as the dividend of total direct material costs per batch divided by the batch quantity.
Answer: Nether Australia or Europe
Explanation:
Purchasing power parity is a notion that states that prices of the same or similar goods should have the same price across the world after adjusting for exchange rate differences.
If the price of a tall latte in the U.S. is $4,00, it should be the same price in Europe and Australia after exchange rate adjustments.
$4.00 in Euro is: $4.00 in Australian dollars is:
= 4 * 0.8 = 4 * 1.4
= €3.20 = $5.60
Purchasing power parity does not hold in wither countries because the prices of the lattes are not equal to the $4.00 in the U.S. after adjustments for exchange rates.
