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castortr0y [4]
3 years ago
6

Snack food vendors and beer distributors earn some monopoly profits in their local markets but see them slowly erode from variou

s new substitutes. when california voted on legalizing marijuana, which side would you think that california beer distributors were on? what about snack food vendors? why? make sure you think about and define complements and substitutes as you consider these questions.
Business
1 answer:
satela [25.4K]3 years ago
8 0

Your answer would be, Snack food vendors were for the measure while beer vendors were against it. Marijuana; and beers are considered substitutes as they both affect the central nervous system as depressants; similarly affecting to the body; and therefore, be viewed as competitors in the market space; and reducing beer sales; as consumers pursue marijuana. However, snack foods are considered complementary as marijuana use has been shown to enhance sensory inputs; and produce "the munchies" resulting in the user purchasing snack foods thus; elevating snack food sales.

Hope that helps!!!! : )

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Charlie Company uses a perpetual inventory system. During May, the following transactions and events occurred.
satela [25.4K]

The May transactions for Charlie Company (seller) assuming that Charlie uses a perpetual inventory system are:

Charlie Company Journal entries

May 13

Debit Account receivable $360

(8×$45)

Credit Sales $360

(To record credit sales)

May 13

Debit Cost of goods sold $208

(8×$26)

Credit Merchandise inventory $208

(To record cost of goods sold)

May 16

Debit Sales return and allowances $45

Credit Account receivable $45

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May 16

Debit Merchandise inventory $26

Credit Cost of goods sold $26

(To record cost of goods sold returned)

May 23

Debit Cash $302

($315-$13)

Debit Sales discount $13

(4%×$315)

Credit Account receivable $315

($360-$45)

Learn more here:

brainly.com/question/16912611

3 0
2 years ago
Marketing managers can choose between three possible global ______, which range from selling the same product to introducing an
sergij07 [2.7K]

managers can choose between three possible global ______, which range from selling the same product to introducing an entirely new product

3 0
2 years ago
Sally Company manufactures large kitchen appliances. For the first year of purchase, the company will repair any manufacturing d
zzz [600]

Answer:

warranty

Explanation:

A warranty is a guarantee from a seller to  buyer promising to if necessary repair or replace the purchased item with a stated period.

8 0
3 years ago
Snap chat??? type it in need friends );
nirvana33 [79]

i don't have it and just warning you the question will be deleted i have see that many times                                                

5 0
3 years ago
Read 2 more answers
Budgeting for Needs
DanielleElmas [232]

Answer:

From the bank statement of $23000 the needs are:

  • cell phone plan = $45
  • rent = $400
  • car insurance = $60
  • Electric bill = $60
  • car payment = $250

Explanation:

A need is something needed for an individual to live a fulfilling life without adverse effect. if a need is not fulfilled it can cause an adverse effect like sickness,death or it might cause a fine or penalty.

cell phone plan is an need because without a cell phone plan a cell phone user might be unable to communicate properly with his business associates and family who might not always be with him and he might be unable to pass along proper and timely information as well

Rent is necessary because housing is one of the most important needs of a man without rent plan there would be no proper housing

car insurance: insurance helps to reduce the burden of accidents on the car owner. if he fails to pay his insurance when due. if the car is caught up with eventualities of accident, the insurance company might not respond to him

Electric bill : this is a very important need as well in America. failure to pay the electric bill results to shortage of electricity and electricity is vital to everyday living.

car payment: the regular payment of car loans helps to escape the penalty of late payment hence this is a need.

7 0
3 years ago
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