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4 years ago

Good X and good Y are substitutes. If the price of good Y increases, then the

Business

1 answer:

Hoochie [10]4 years ago

3 0

Answer:

The correct answer is B. demand for good X will increase.

Explanation:

Two goods, X and Y, are said to be substitutes if they can be used to serve the same purpose. Thus, if good X is a substitute to good Y, then X can be used in place of Y and Y can be used in place of X.

For substitute goods, the cross-price elasticity of demand is positive. This means that if the price of one good rises, the demand for the substitute good increases.

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Baby boomers are interested in _____ brands, or products that reflect a certain time period, and are targeted with products like

Alex Ar [27]

Answer:

Option A: retro

Explanation:

Difference factors influence consumers to buy certain things. These factors are used to segment consumers. The segmentation is done includes: behavioural, demographic, geographic and psychographic.

Baby boomers fall under the demographic segmentation under the age classification of generations (includes: seniors, baby boomers, generation X and generation Y( college age students).

Today's college age students compose the largest generation. The baby boomer generation is the second largest and over the last thirty years or so, has been a very attractive market for sellers. Retro (old) brands or products that companies "bring back" for a period of time we're aimed at baby boomers during the economic downturn. A perfect example is the Pepsi throwback and Mountain Dew throwback, which are made with cane sugar like they were "back in the good old days" instead of corn syrup.

Therefore, the option that best suits the question is option A, RETRO.

6 0

3 years ago

Read 2 more answers

Typical cash flows from investing activities include each of the following except: Group of answer choices Proceeds from collect

Alinara [238K]

Answer:

Proceeds from collecting the principal amount of accounts receivable arising from customer sales.

Explanation:

Cash flow can be defined as the net amount of cash and cash- equivalents that is flowing into (received) and out (given) of a business. There are three components of the cash flow;

1. Operating cash flow: all cash generated from the business activities of an organization.

2. Financing cash flow: all payments made by an organization and profits from issuance of debts and equity.

3. Investing cash flow: costs associated with purchasing of capital assets and investments of cash resources in other businesses.

This ultimately implies that, cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.

Generally, investing activities comprises of purchasing physical assets, investing in securities and the sale of assets or securities associated with the company.

Hence, typical cash flows from investing activities include each of the following;

I. Payments to purchase property, plant and equipment or other productive assets (excluding inventory).

II. Payments to acquire held-to maturity securities of other entities, except cash equivalents.

III. Proceeds from the sale of equipment.

IV. Payments to buy intangible assets.

4 0

3 years ago

The second step in the strategic-management process is a(n) ________, where managers look at where the organization stands, and

Studentka2010 [4]

Answer:

The second step in the strategic-management process is an <u>assessment of the current reality.</u>

Explanation:

In order for management to carry out an assessment, they must have an objective view of what the organization is really doing.

Management can use the following tools to perform a correct assessment:

SWOT analysis
forecasting
benchmarking
Porter's industry analysis model

3 0

3 years ago

Read 2 more answers

Yolanda manages a Best Sleep Inn along an interstate highway. She knows from experience that 5 to 10 last-minute customers will

BaLLatris [955]

Answer:

D. durable perishable

Explanation:

4 0

3 years ago

Minarski Electronics sells computers and provides hardware maintenance services. On April 1st, Minarski sold a package deal cont

Gre4nikov [31]

Answer:

$835

Explanation:

Calculation for the amount of revenue that Minarski Electronics recognize

First step is to find the Total cost amount if sold separately

Total cost if sold separately = 984+ 216

Total cost if sold separately= 1200

Second step is to find the Percentage of computer

Percentage of Computer = 984/1,200

Percentage of Computer = 0.82

Percentage of Computer =82%

Third step is to find the Percentage of maintenance

Percentage of maintenance = 216/1,200

Percentage of maintenance=0.18*100

Percentage of maintenance=18%

Next step is to calculate for the Revenue to be recognized for both computer and Maintenance service costs

Computer Revenue= 1,000 * 82%

Computer Revenue= 820

Maintenance service costs revenue =(18% * 1,000)/12

Maintenance service costs revenue =180/12

Maintenance service costs revenue =15

Last step is to find the Total amount to be recognized

Total amount to be recognized = 820 + 15

Total amount to be recognized=$835

Therefore the amount of revenue that Minarski Electronics will recognize is $835

7 0

4 years ago