1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aivan3 [116]
3 years ago
11

A decrease in price of good x has occurred. in the market for good​ y, this will lead to

Business
1 answer:
Scorpion4ik [409]3 years ago
3 0
This will lead to an increase in price and an increase in quantity if <span>Good X and Y are complementary goods.
Complementary goods refers to the goods that commonly used together (such as stove and gas). When the price for one part of complementary goods fall, the sellers usually will match it up by increasing the price of the other in order to maintain the profitability</span>
You might be interested in
What is the return on common stockholdersâ equity based on the following: Beginning Common Stockholdersâ Equity: $10,317,000 End
Slav-nsk [51]

Answer:

13.28%

Explanation:

return on stockholders' equity = net income after taxes and preferred stock dividends / average stockholders' equity

  • net income = $1,429,000
  • preferred stocks dividends = 8,000 stocks x $75 x 6% = $36,000
  • average stockholders' equity = ($10,317,000 + $10,662,000) / 2 = $10,489,500

return on stockholders' equity = ($1,429,000 - $36,000) / $10,489,500 = 13.28%

5 0
4 years ago
Goleman sorts leadership styles into six categories. In order for a leader to get results, different styles are used for differe
vagabundo [1.1K]

Answer:

The most appropriate leadership style is the Visionary Leadership style

Explanation:

To successfully implement the new system, The leader needs to get his team mates' buy-in by helping them see the impact of the change on the business and how the change impacts their jobs and also emphasize their role in making the change happen successfully

With this style the leader:  

1) is taking responsibility for facilitating the change and communicating how the change will happen.

2) Selling the vision by explaining and describing the vision and influencing his team.

3) Ensures the appropriate persons align the vision with their jobs and objectives.

7 0
3 years ago
What is it called when a producer is unable to meet the demand of a certain product?
Andreyy89
It's called a shortage
4 0
3 years ago
A company needs funds to expand its business by purchasing new equipment. Which financial market should the company use to raise
Cloud [144]

Answer:

Capital market

Explanation:

The capital market is an aspect of the financial market where long term capital is raised. Funds raised in this market can be in the form of,

  • Equity capital: which grants fund providers an ownership stake in the company, the prospect of future dividends (when declared), and voting rights in the company.
  • Debt capital: which entitles fund providers to regular interest payments usually a fixed rate of the fund provided.

The nature of project (long or short term) usually determine the market to access for funding. For short term funding, a company can access such in the Money Market where short term funding (usually with maturity of less than one year) are raised.

6 0
4 years ago
A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera
quester [9]

Answer:

$61,200

Explanation:

The computation of the total period cost for the month under absorption costing is shown below:

= Fixed selling and administrative expense +  Variable selling and administrative expense rate × number of units sold

= $34,000 + 6,800 units × $4

= $34,000 + $27,200

= $61,200

As we know that the period cost includes the major part of the selling expenses and we applied the same for the above computation

5 0
4 years ago
Other questions:
  • A review of the accounting records of Baird Manufacturing indicated that the company incurred the following payroll costs during
    8·1 answer
  • Three Corners Markets paid an annual dividend of $1.42 a share last month. Today, the company announced that future dividends wi
    13·1 answer
  • Your lease calls for payments of $500 at the end of each month for the next 12 months. Now your landlord offers you a new 1-year
    5·1 answer
  • Suppose that you could either prepare your own tax return in 15 hours or hire a tax specialist to prepare it for you in 2 hours.
    12·1 answer
  • Which of the following is a reason why peer pressure influences consumers
    13·2 answers
  • A dominant strategy is: a) a strategy that is the best for a firm no matter what strategies other firms use. b) a strategy that
    11·1 answer
  • The process in which a test or battery of tests is administered to a different sample (drawn from the same population) for the p
    14·2 answers
  • Assume that Germany and China can produce beer and cloth. If the MPLc/MPLb for Germany is 2/5 and the MPLc/MPLb for China is 1,
    9·1 answer
  • : When you go looking for a job after graduation, what sources do you expect to use? Why?
    14·1 answer
  • Jack and marcus have just graduated college. they roomed together at state university and now want to continue their friendship
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!