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Serggg [28]
3 years ago
12

When purchases of tennis socks decline following an increase in the price of tennis sneakers (other things remaining equal), the

relationship between these two items can be described as
A) substitutable.
B) complementary.
C) unique.
D) ordinary.
Business
1 answer:
const2013 [10]3 years ago
5 0

Answer:

Option B Complementary

Explanation:

The reason is that increase in one product (Sneakers) purchases increases the purchases of other product (socks) which is compulsory. In this case we see that the sneakers prices have increased which led to decrease in sales of sneakers and also a decrease in the socks sales is witnessed. This is beacause the sale of one product is directly proportional to other and this relation is also known as complementary relation among products.

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What are three ways to make money through investing in real estate?
Alexandra [31]

Answer:

There are three primary ways investors could potentially make money from real estate: An increase in property value. Rental income collected by leasing out the property to tenants.

3 0
2 years ago
Read 2 more answers
What should you do if you think that a bill is wrong or want more information about it?
Dahasolnce [82]
You should inquire. 

If the bill is incorrect, this could be a cause of fraud or a simple calculating error. The same could apply for you wanting more information - the supplier should be able to provide you information about it.  

4 0
3 years ago
Read the scenario and question below; then select the correct answer.
GuDViN [60]

Answer:

B) Comprehensive Resource Management

Explanation:

Comprehensive resource management requires that you follow standard procedures in order to:

  • identify requirements
  • perform inventories
  • ordering, storing and acquiring missing materials
  • mobilize resources including personnel, equipment and supplies

It is very important that you plan how to properly plan how to effective allocate your resources.

4 0
3 years ago
Time Remaining 36 minutes 46 seconds00:36:46 Item 6Item 6 Time Remaining 36 minutes 46 seconds00:36:46 A company's Cash account
Diano4ka-milaya [45]

Answer:

Cash account balance $5,680

- bank service fees ($47)

- NSF check ($190)

+ customer's note receivable $560

<u>+ interest earned $66                    </u>

adjusted cash account balance $6,069

Dr Bank fees expense 47

    Cr Cash 47

Dr Accounts receivable 190

    Cr Cash 190

Dr Cash 560

    Cr Notes receivable 560

Dr Cash 66

    Cr Interest revenue 66

7 0
3 years ago
Campbell Co. has net sales revenue of $1,340,000, cost of goods sold of $760,900, and all other expenses of $299,000. The beginn
Softa [21]

Answer:

3.50

Explanation:

Given the information above, we need to find first the Average fixed assets.

Average fixed assets = Fixed assets beginning balance + Fixed assets ending balance / 2

= ($370,000 + $398,000) / 2

= $384,000

Then , the fixed assets turnover will be calculated as;

Fixed assets turnover = Net revenue / Average net fixed assets

= $1,340,000 / $384,000

= 3.50

Therefore, Campbell Co. Fixed asset turnover ratio would be 3.50

5 0
2 years ago
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