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
NikAS [45]
3 years ago
14

When the price of a product​ changes,

Business
1 answer:
balu736 [363]3 years ago
4 0

C relative price » sub effect & income effect

You might be interested in
The Beauty Beyond Words Salon uses an activity-based costing system in its beauty salon to determine the cost of services. The s
maksim [4K]

Answer:

The correct option is a. $7.50.

Explanation:

Note: The data in this question are merged together. They are therefore sorted before answering the question. See the attached pdf file for the complete question with the sorted data.

The explanation of the answer is now provided as follows:

Activity-based costing is a costing system that involves identifying an organization's activities and assigning the cost of each activity to all products and services based on actual consumption.

Based on the data in the question, a haircut requires ​one units each of Hair Washing and Conditioning, while it requires zero unit of each of Chemical Treatment and Styling.

Therefore, we have:

Cost of services for a haircut = (Units of Hair Washing * Rate of Hair Washing) + (Units of Conditioning * Rate of Conditioning) = (1 * $4.00) + (1  $3.50) = $4.00 + $3.50 = $7.50

Therefore, the correct option is a. $7.50.

Download pdf
5 0
3 years ago
If you're a manufacturer, and you want to showcase your product in a store that has a narrow but deep selection of merchandise a
lara31 [8.8K]

Answer:

specialty store

Explanation:

Based on the scenario being described within the question it can be said that for this you would most likely choose a specialty store. This refers to a retail business that focuses on very unique and specific product categories, in which everything revolves around that category. This category may be unique but offer a wide variety of product offering within it.

8 0
4 years ago
A master budget​ ________. A. is the initial plan of what the company intends to accomplish in the period and evolves from both
yaroslaw [1]

Answer:

The correct answer is option D) A Master Budget is is a substitute for the management functions of planning and coordination.

Explanation:

A master budget is not the initial budget a company makes, It is the final budget that incorporates all other specific budgets such as financial budget, operational budget, production budget, marketing budget and ore.

It serves a central  planning tool that a management team uses to direct the activities of a company, set targets and execution strategy.

It also provides a framework to judge performance for respective departments.

4 0
3 years ago
Read 2 more answers
The hiring of applicants based on criteria that are not job-related is called:
Cloud [144]
<span>The hiring of applicants based on criteria that are not job-related is called job discrimination. Job discrimination usually happens when a person is judged based on his/her gender, race, nationality, disability, religion or age. His/her relevant skills related to the job are not considered. </span>
6 0
4 years ago
The 20% off sale is a better deal than the $200 rebate or $150 coupon for the $1,500 dining set. The Porters budgeted $1,250 for
vovikov84 [41]

Answer:20% off is better and it is the only offer which is under the budget.

Explanation:Given,

The original cost of the dining set = $ 1,500,

If there is a off of 20%,

Then the discount on dinning table = 20% of 1500

= $ 300

So, the final amount of the dinning table after 20% off = 1500 - 300 = 1200 < 1250

Thus, it under the budget.

Now, in $ 200 rebate,

The new cost of the dinning table = 1500 - 200 = $ 1300 > 1250,

Thus, it is not under budget.

While, In $150 coupon,

The new cost of the dinning table = 1500 - 150 = $ 1350 > 1250,

Thus, it is not under budget.

5 0
3 years ago
Read 2 more answers
Other questions:
  • Skills referred to the ability to understand the relationship of parts to the whole
    14·1 answer
  • Assume taxes increase by $300 and government spending increases by $300. The marginal propensity to consume is 0.75. Calculate t
    6·2 answers
  • What is meant by centralised direction?
    7·1 answer
  • whether investments are reported as current assets or noncurrent assets depends on the company's intent. (points : 5) true false
    6·1 answer
  • What is anomie? What effects does it have?
    15·1 answer
  • Atlas Inc. manufactures television sets. Last month, direct materials (electronic components, etc.) costing $550,000 were put in
    9·1 answer
  • Which statement best describes the distribution of the rate of natural increase?
    15·1 answer
  • Computing and other electrical equipment used in areas where water can accumulate must be uniquely grounded, using __________ eq
    11·1 answer
  • suppose the transfers of pillars to the lantern would reduce sales to outside customers by 15000. whats the lowest transfer pric
    7·1 answer
  • Tradable pollution permits are a:________.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!