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Pepsi [2]
3 years ago
6

Pam sees that the price of bananas has risen in the grocery store. All else equal, she decides to buy more tangerines than she n

ormally purchases. From the information given, you might conclude that:a. tangerines and bananas are complements.
b. tangerines are an inferior good.
c. tangerines and bananas are substitutes.
d. bananas are a luxury good.
Business
1 answer:
Katyanochek1 [597]3 years ago
3 0

Answer:

Option (c) is correct.

Explanation:

Given information states that bananas and tangerines are substitute goods. We know that the cross price elasticity of substitute goods is positive which means that there is a positive relationship between the price of one good and the quantity demanded for substitute good.

Therefore, in our case as the price of bananas increases and all the other factors remains constant then as a result the quantity demanded for tangerines increases.

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Tinker Company reported sales revenue of $500,000 and total expenses of $450,000 (including depreciation) for the year ended Dec
uranmaximum [27]

Answer:

Net Cash inflow from operating activities $67,000

Explanation:

The computation of the net cash flow from operating activities is shown below:

Net Income ($500,000 - $450,000) $50,000

Add: Depreciation $10,000

Add: Decrease in account receivable $5,000

Less: Increase in inventory ($4,000)

Add: Increase in account payable $6,000

Net Cash inflow from operating activities $67,000

4 0
3 years ago
Fredrick is single and lives alone. He paid more than half of the cost of maintaining a home for his father for the entire year.
Elan Coil [88]

Because Fredrick can not claim his father as a dependent then, the filing status that can Fredrick use is Single.

<h3>What is a filing status?</h3>

A filing status is a tax status that is used to determine a taxpayer's filing requirements, standard deduction, eligibility for certain credits, correct tax etc.

In conclusion, because Fredrick can not claim his father as a dependent then, the filing status that can Fredrick use is Single.

Read more about filing status

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4 0
2 years ago
Why do retailers offer credit?​
SpyIntel [72]

Answer:

Iam sorry

Explanation:

I don't know the answer

4 0
3 years ago
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Future Ways Manufacturing has the following direct materials price list for gadgets: Motor, 1 per gadget: $84.79 Casing, 1 per g
r-ruslan [8.4K]

$2.85 is the standard fixed manufacturing overhead cost per gadget

<h3>What is manufacturing ?</h3>

Manufacturing is the process of creating or producing goods using equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the economy's secondary sector.

The Manufacturing Principles are a set of elements shared by all manufacturing industries that revolve around the concepts of flow and variation. These principles have emerged as a result of close collaboration with the manufacturing industries at both the research and operational levels.

A wide range of complex chemical or biological processes are used in the production of API. API synthesis from raw materials necessitates multi-step procedures involving a variety of high-tech processing technologies.

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3 0
1 year ago
Which PCI security requirement relates to the physical protection of banks’ customer data?
iVinArrow [24]

The answer is <u>"D. Network vulnerability management".</u>


A network vulnerability assessment is the way toward auditing and dissecting a PC arrange for conceivable security vulnerabilities and escape clauses.  

It is utilized by system chairmen to assess the security design and safeguard of a system against possible vulnerabilities and dangers.  

A network vulnerability assessment helps network administrators or organize security staff to evaluate the security quality of a specific system.

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3 years ago
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