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geniusboy [140]
3 years ago
11

Suppose you like to make, from scratch, pies filed with banana cream and vanila pudding. You notice thai the ce of bananas has i

ncreased. As a resul, your demand foe vanilla padding would:______. a) decrease.b) increase.c) be unaffected. d) There is insufficient information given to answer the question.
Business
1 answer:
Mumz [18]3 years ago
5 0

Answer:

A. Decrease

Explanation:

In this case, Banana cream and Vanilla pudding are complementary goods which means that they are products used together. Complementary goods are goods with negative cross elasticity of demand. This means than an increase in the price of one good will lead to a decrease in the demand for the other good and a decrease in price for one good will lead to an increase in demand for the other good.

Here, the prices of bananas increased, as a result the demand for vanilla pudding decreases because they are goods with negative cross elasticity of demand.

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Procter & gamble is well known for its use of __________ branding because every product in p&g's portfolio has a differe
taurus [48]

Answer:

Individual branding

Explanation:

Procter & gamble is well known for its use of individual branding because every product in p&g's portfolio has a different brand name.

Individual branding can be defined as a market strategy in which every products sold by a firm has its own unique brand name. Individual branding can also be called "multibranding", "individual product branding", and "flanker brand".

Firms utilizes individual branding strategy in order to target different market segment. Individual branding helps to protect the other products produced by a company if one of them fails.

Each brand produced has a unique identity and name even though they are produced by the same firm. This allows the firm to to separate the image and reputation of each product and fix a different price for each product.

8 0
3 years ago
1. Which of the following accounts are NOT likely appear in a job order cost system of a service business
Burka [1]

A <u>finished Goods</u> account would most likely not appear in a job order cost system of a service business.

Finished Goods are products that are at a stage in the manufacturing process that is readily available to consumers. Businesses use formulas to calculate finished goods and products to create inventory percentages that determine the value of the goods sold.

The cost of the finished product includes all costs along the way and includes the three main components used in the production of the goods: direct labor, direct materials, and overhead costs. In addition, storage costs will be incurred when purchasing finished products.

Learn more about  <u>finished Goods </u>here brainly.com/question/13767214

#SPJ4

8 0
2 years ago
A company has a beginning retained earnings balance of $100,000. It has net income for the current year of $50,000 and paid $10,
Brut [27]

Answer:

The ending balance of retained earnings for the company $ 140.000

Explanation:

Retained Earnings increase the balance with the Net Income of each year that it's not withdrawalled by the owner or because are not paid dividends, to this case the owner only withdraw $10.000 of $50.000 generated during the year.

4 0
3 years ago
What does non current assets mean
coldgirl [10]

Answer:

  assets whose value is not realized in the current year

Explanation:

A <em>noncurrent asset</em> is generally a long-term investment whose value will not be fully realized in the current accounting year. The cost of the asset is allocated over the period the asset is in use, rather than being expensed in the year it is acquired.

6 0
3 years ago
Given the following information about Elkridge Sporting Goods, Inc., construct a balance sheet for June 30, 2013. On that date t
OLga [1]

Answer:

<em>Retained Earnings = 109,909</em>

Explanation:

\left[\begin{array}{cccc}cash&25,135&AP&67,855\\AR&43,758&NP&36,454\\inventory&172,500&Long-term&222,300\\fixed \:assets&332,300&Common\: Stock&150,000\\other \: assets&13,125&RE&110,209\\Total Assets&586,818&Total L+E&586,818\\\end{array}\right]

<u>First </u>

We add all the assets together. 586,818

<u>Then</u>

we add the lliabilities and common stock. 476,909

<u>Finally</u>

We use the accounting equation to solve for RE

Assets = Liab + Equity

586,818 = sum of liab and equity accounts

we know that all the accounts, except RE add to 476,909

586,818 = 476,909 + RE

586,818 - 476,909 = RE

RE = 109,909

5 0
3 years ago
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