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IgorC [24]
3 years ago
15

The demand for grape-flavored Hubba Bubba bubble gum is likely a. inelastic because there are many close substitutes for grape-f

lavored Hubba Bubba . b. elastic because there are many close substitutes for grape-flavored Hubba Bubba. c. inelastic because the market is broadly defined. d. elastic because the market is broadly defined.
Business
1 answer:
PolarNik [594]3 years ago
3 0

Answer:

b.

hope this helps.

or maybe not.

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Colombia has an absolute advantage in producing coffee relative to the United States.
Diano4ka-milaya [45]

Answer:

The correct answer is letter "C": Colombia has a comparative advantage in producing coffee relative to the United States.

Explanation:

A comparative Advantage is a person, company, or country's ability to produce a good or service at a lower cost of production than its competitors. Possessing a comparative advantage does not mean that one entity is absolutely better at producing a good or service than another.

Thus, <em>Colombia has a comparative advantage in producing coffee relative to the United State because its lands and weather allows the growing of coffee crops better than in the U.S.</em>

6 0
3 years ago
If a consumer withdraws money from his deposits at the bank (banking leakage), then the monetary base and money supply Group of
Maurinko [17]

Answer:

The correct option is A. will go down.

Explanation:

Note: This question is not complete as the answer choices are omitted. The complete question is therefore provided before answering the question as follows:

If a consumer withdraws money from his deposits at the bank (banking leakage), then the monetary base and money supply

Group of answer choices

A. will go down

B. monetary base will go up and money supply will go down

C. will go up.

D. will remain unchanged

The explanation of the answer is now provided as follows:

The monetary base (or M0) is the total amount of a currency that is either in general circulation or retained in the central bank's reserves in the form of commercial bank deposits.

Money supply a country's entire amount of money in circulation or in existence.

Since each money supply and monetary base has an element of money in circulation, both the monetary base and money supply will go down if a consumer withdraws money from his deposits at the bank (banking leakage).

Therefore, the correct option is A. will go down.

7 0
3 years ago
In an oral auction where the bidders' values are $400, $500, $650, $800 and $850, the highest two bidders form a bid-rigging car
gayaneshka [121]

In an oral public sale in which the bidders' values are $four hundred, $500, $650, $800, and $850, the very best two bidders shape a bid-rigging cartel. the winning bid in this auction is 651 greenbacks.

If there may be no cartel, the winning bid might be any quantity slightly extra than $800, say $800.01 due to the fact the bidder with the best valuation needs to bid a price this is extra than the alternative bids. however due to the fact, that there may be a cartel among bidders with a valuation of $800 and $850, they need to put up a bid this is barely extra than $650 with a view to winning the auction. In this sense, the triumphing bid is 651 greenbacks.

if you make the triumphing bid on an object, you provide the highest fee and get to take it home. Congratulations, and revel in your new paperweight! The bid comes from an antique English word that means “to provide,” that's right consistent with what that means these days. triumphing Bid manner the very best bid obtained and widespread (and if subject to vendor's affirmation, confirmed by using vendor).

Learn more about winning bid here: brainly.com/question/19559630

#SPJ4

8 0
2 years ago
The purposes of the statement of cash flows are to A. predict future cash flows. B. evaluate management decisions. C. determine
Temka [501]

Answer:

D. All of the above

Explanation:

A statement of cash flows is also known as cash flow statement and it is a financial statement which is used to illustrate how changes in income and various account of the balance sheet affect cash and cash equivalents.

The statement of cash flows is also used by financial experts or accountants to breakdown the cash-flow analysis into;

1. Cash-flow from operating activities: it represents cash-flow and transactions from operational business activities such as employee salary, sales of goods etc.

2. Cash-flow from investing activities: it represents the cash flow from investment such as proceeds from the sale of plant, equipments etc.

3. Cash-flow from financing activities: it represents the cash flow from debt or equity. Basically, the costs used in a financing a business.

<em>The purposes of the statement of cash flows are to;</em>

A. Predict future cash flows.

B. Evaluate management decisions.

C. Determine ability to pay debts and dividends.  

4 0
3 years ago
While developing products for the LEGO DC Super Hero Girls line, the company should develop a marketing strategy based on which
mylen [45]

Answer: psychographic

Explanation:

Psychographics is the marketing method whereby the consumers are studied based on their psychological characteristics like the interests, desires, lifestyle choices, values, goals, etc.

Psychographics focuses on the values and the emotions of the consumers by understanding them so that the marketing of goods can be done more accurately.

5 0
3 years ago
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