Answer:
d. Complements
Explanation:
Compliments or complementary goods are products that are used together. The use of one product is dependent on the availability of the other. Examples of complementary goods are cars and petrol, printers and ink cartridges, and computer hardware and software.
Changes in the price of a complementary product will affect the demand for the other product. If the price of cars decreases, leading to an increase in demand, the demand for petrol will automatically increase. The demand for complimentary products is described as joint demand.
Answer:
d. 284,000 lbs.
Explanation:
The computation of the budgeted purchase of material for the september month is as follows
= Raw material needed for production + closing stock - opening stock
= (150,000 × 2) + (110,000 × 2 × 20%) - 60,000
= 300,000 + 44,000 - 60,000
= 284,000 lbs
Hence, the budgeted purchase of material for the september month is 284,000 lbs
Answer: it is price floor
Explanation:
5$ is the lowest the price can go because they will NOT set it any lower, but it can go higher from there.
i took the testtoo, i got it correct.
floor is the lowest price, ceiling is the highest.
The right answer for the question that is being asked and shown above is that: "TRUE." Production comprises stage management, production management, show control, house management, and company management.
Answer:
the equivalent unit for conversion is 8,800 units
Explanation:
The computation of the equivalent unit for conversion is shown below:
= Units transferred + ending units
= (2,000 + 7,500 - 1,000) × 100 units + 1,000 units ×30%
= 8,500 units + 300 units
= 8,800 units
Hence, the equivalent unit for conversion is 8,800 units
We simply used the above formula for determining the conversion units