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tino4ka555 [31]
3 years ago
11

Assume that due to unfavorable conditions in a prime honey-producing area, the price of honey increases by 50 percent. the quant

ity consumed of herbal tea declines immediately by 25 percent. everything else held constant, the:
Business
1 answer:
vodomira [7]3 years ago
8 0

The answer to this question that would complete the statement is “<span>cross-price elasticity of demand for herbal tea and honey is negative, and therefore the two goods are complements.</span>”

<span>This means that a change in price of one product, directly affect the demand of the other product in an inversely fashion. In this case, as the price of honey increases, the demand for herbal tea decreases.</span>

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The following financial ratios and calculations were based on information from Kohl Co.'s financial statements for the current y
creativ13 [48]

Answer:

Kohl's Average total Assets were $1,000,000

Explanation:

1.

Asset Turnover = Net Sales / Average fixed Assets

Net Sales = Asset Turnover x Average fixed Assets

2.

Account Receivable Turnover = Net Sales / Average Account receivable

Net Sales = Account Receivable Turnover x Average Account receivable

According to given condition

Asset Turnover x Average fixed Assets = Account Receivable Turnover x Average Account receivable

2 X Average fixed Assets = 10 X $200,000

Average fixed Assets = $2000,000 / 2

Average fixed Assets = $1,000,000

7 0
3 years ago
Which of the following best describes marketing mix? It is the blend of marketing strategies for product, price, distribution, a
aniked [119]

Answer:

It is the blend of marketing strategies for product, price, distribution, and promotion

Explanation:

Marketing mix describes strategies used by a company to promote its brand or product. A marketing mix is made up of Price, Product, Promotion and Place.

8 0
3 years ago
The property of water that produces water's surface tension is called ______, which is the tendency of water molecules to stick
fgiga [73]

The property of water that produces water's surface tension is called <u>cohesion</u>, which is the tendency of water molecules to stick together.

More about surface tension:

The force per unit length that must be supplied parallel to the surface in order to balance the net inward pull is known as the surface's "tension."

All nearby molecules in a liquid share the cohesive forces that hold them together. Because they don't have any above-surface neighbours, molecules on the surface exert stronger attractive forces on their closest neighbours below and on the surface.

Due to the cohesive structure of the water molecules, surface tension can be described as the characteristic of a liquid's surface that permits it to resist an external force.

Learn more about surface tension here:

brainly.com/question/11348644

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4 0
1 year ago
(b)<br>Examine the common mistake that lead to a closure of a<br>business.​
ale4655 [162]
Maybe a product didn’t work out, a bad review from a customer or client, health inspections didn’t pass etc..
8 0
3 years ago
Krysel inc. is expecting a new project to start producing cash flows, beginning at the end of this year. they expect cash flows
Helen [10]
FW = PW×(1.092)^n = $4,429,045.62

5 0
3 years ago
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