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Lisa [10]
3 years ago
7

Plastic and steel are substitutes in the production of body panels for certain automobiles. If the price of plastic increases, w

ith other things remaining the same, we would expect:
Business
1 answer:
Neporo4naja [7]3 years ago
4 0

Answer:

The demand curve for steel to shift to the right

Explanation:

The question isn't complete. The full question can be found: https://www.chegg.com/homework-help/questions-and-answers/3-plastic-steel-substitutes-production-body-panels-certain-automobiles-price-plastic-incre-q31436687

Substitutes goods are goods that can be used in place of one another. If the price of plastic increases, consumers shift to steel, its demand increases and the supply curve shifts to the right.

I hope my answer helps you

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Answer: True

Explanation:

Current assets are the assets that a company had and which are expected to be either used or sold over the next year. Examples of current assets are cash, cash equivalents, stock inventory, accounts receivable, marketable securities, and other liquid assets.

It should be noted that when the sales of a from continue to grow, the current assets of such company also increases. An example is when there is an increase in the sales increase, this.will also have an impact on the firm's inventories as there will be an increase.

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Therefore in the given case, the changes that are made in the stockholder equity would be come under the comprehensive income statement and the same is to be considered

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When determining if an email is valid or not, you should…?
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