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3 years ago

_____ is an example of a complementry good.A. PepsiB. mustardC. carD. house

Business

1 answer:

makvit [3.9K]3 years ago

8 0

Answer: C

Explanation:

Complementary goods are a pair of goods that can be consumed together. If the price of one goes up, the demand for both fall. For example, if gas prices rise and stay consistently high, less people will be inclined to buy a car (at least from an economic standpoint)

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Central Street bought a rolling machine that cost $76,000. The expected life is 700,000 hours of production with a salvage value

sergij07 [2.7K]

Answer:

$26,166

Explanation:

As for the provided information using units of production method, we have:

Total amount to be depreciated of the machine = Cost - salvage value = $76,000 - $7,600 = $68,400

Total expected working useful hours = 700,000

Depreciation per hour = $68,400/700,000 = $0.097714

Depreciation for year 1 = $0.097714 $\times$ 175,000 = $17,100

Depreciation for year 2 = $0.097714 $\times$ 171,000 = $16,709

Depreciation for year 3 = $0.097714 $\times$ 164,000 = $16,025

Total depreciation = $49,834

Carrying book value = $76,000 - $49,834 = $26,166

3 0

4 years ago

Court Inc. produces two types of products - Gizmos and Gadgets. The following information is available related to each product:

anyanavicka [17]

Answer: 1250

Explanation:

Let's go in stages,

Gizmos are sold for $80 and have a variable cost of $36. Subtracting that would give us $44. This is the Contribution margin of Gizmos.

Gadgets are sold for $50 and have a variable cost of $22. Subtracting that would give us $28. This is the Contribution margin of Gadgets.

The text says that 3/4 of goods sold are Gizmos with the rest being gadgets.

Let's account for that using their contribution margins.

This means that Gizmos contribute 3/4 from their CM which we'll calculate as,

= 3/4 * 44

= 33

Gadgets would be

= 1/4 * 28

= 7

The Weighted Average contribution margin for both goods in their selling proportion is therefore,

= 33 + 7

= $40

If they make $40 as the weighted average CM then to find the amount of units needed to break even with a fixed cost of $50,000 can be calculated by dividing the fixed costs by the Weighted Average CM which would be,

= 50,000/40

= 1250

They would need to sell 1250 total units in order to break even with a product mix of 3/4 Gizmos and 1/4 Gadgets.

Please do react or comment if you need any clarification. Thank you.

3 0

3 years ago

Which of the following terms refers to a goal-oriented process that is directed toward ensuring that organizational processes ar

Feliz [49]

Answer:

Performance management

Explanation:

Performance management is a corporate management tool that aids managers to monitor and measure employees' work. Performance management's goal is to create an enabling environment where people can perform their to the best of their abilities to produce quality result.

Performance management is the activities and processes that focus mainly on areas to maintain and improve employee performance in line with an organisation's objectives.

8 0

4 years ago

Read 2 more answers

Consider public policy aimed at smoking.A. Studies indicate that the price elasticity of demand for cigarettes is about 0.4. If

Ede4ka [16]

Answer:

A. Elasticity measure the change in quantity demanded that comes with a change in price. The elasticity formula is;

Elasticity = %change in quantity demanded / % change in price

0.4 = 20% / %change in price

%Change in price = 20%/0.4

= 0.5

= Increase price by 50%

= 50% * 5 = $2.50

<em>Government should increase the price by $2.50 to make it $7.50. </em>

B. Effect is larger 5 years from now

Effect will be larger 5 years from now than 1 year from now. This is because in 5 years the high prices would have forced smokers to look for more alternatives to smoking than in a year.

C. Teenagers have less income.

Teenagers likely have a higher price elasticity because they do not have the income to support an increase in the price of cigarettes so when the prices increase, they buy less than adults who are more likely to have an income stream.

3 0

3 years ago

What is the point of difference between illegal gratuity and bribery scheme?a. Illegal gratuities are made before deals are appr

Gemiola [76]

Answer:

d. Illegal gratuities do not necessarily involve an intent to influence a business decision but rather to reward someone for making a favorable decision.

Explanation:

Bribery schemes are used in order to directly influence a business decision making by offering money or other benefits; bribes may be accompanied by the use of actual or threatened force, fear, or economic duress. Illegal gratuities do not necessarily involve that influence intent and can, sometimes, be dished out aiming to reward a person or company for a favorable decision.

Therefore, the answer is alternative d.

7 0

4 years ago

_____ is an example of a complementry good.A. PepsiB. mustardC. carD. house​

_____ is an example of a complementry good.A. PepsiB. mustardC. carD. house