Answer:
The cross elasticity of good X 5%, divide 10% of change in demand from the 2% of price increase in good Y.
The two goods are SUBSTITUTE Goods.
Explanation:
In substitute goods, when the price of one good increases, people start using less of that good and move onto use cheaper other goods that can be used instead of that good.
Tires and gas are products needed for cars. Gas need as fuel for car and tire need as footwear for car. Gas is up and there is no need more footwears for car because these products in machine industry depends from each other.
The given statement,"Coordinating several hundred cargo containers at a port is a simple job to do so it does not require much experience or education" is True
.
<u>Explanation:
</u>
As a port operator, regular tasks may also include loading and unloading containers, utilizing cranes from the ship.
Moving cargo to truck storage spaces, Operating transporters and bulk freight pump such as feed, coal, and oil. Pumps
There are no basic criteria for formal qualifications. It is important for most port operators to operate. This supports running cranes, heavy goods equipment with training. It also aids surfing and operating at high altitudes.
A mother tongue is useful among passenger passengers in ports when ships travel overseas.
Many passenger operators operate at the age of 16 or 17 but are never hired until they're at least 18 years of age for safety reasons. Operator may need a medical doctor.
Answer:
It is a good idea as the profit will increase by 301,434,000
Explanation:
Profit with the rebate: 6,730
minivan sold 55,800
total profit:
55,800 x 6730 = 375,534,000
not we will calcualte the cost which is:
39,000 minivan will be sold at 1,900 lower cost:
39,000 x 1,900 = 74.100.000 opportunity cost
net : 375,534,000 - 74,100,000 = 301,434,000
Answer:
The correct answer is Cash and Carry.
Explanation:
Cash and carry ("Buy (take) and take (it)") is considered a commercial formula similar to an economato, evolved from traditional wholesale, with the particularity of addressing only and exclusively professionals (independent retailers and hoteliers) and operate on a free service basis. The retailer travels to the location of the wholesaler, chooses the items he needs, pays them and transports them, in front of the conventional procedure of placing the order to the wholesaler, so that he can transport it and serve it in the establishment of the retailer.
The concept of "Cash and Carry, wholesale self-service", is a commercial formula adapted to the needs of certain retailers, restaurants, cafes, hotels and other service providers, such as some institutions (HoReCa Sector, Hotels-Restaurants-Caterers). It is basically designed for professionals in the HoReCa sector, but it also accepts clients that are large consumers, such as institutions or educational centers.
In summary:
It is a wholesaler; that is, it never sells to an end consumer. To access a Cash and carry establishment, you must have a card or identification that proves the status of a retailer.
It has a commercial policy based on price and continuous offers.
Know your customers, their consumption and needs well.