Answer: the cross-price of elasticity of demand for chocolate syrup with respect to the price of milk would be :
e = % ΔQ chocolate syrup / %ΔP of milk
e = -4% / 2%
e = -2 %
Explanation:
Happy to help!
The correct statement includes the word: management.
Public relations is best considered a management function.
I hope I have successfully assisted you. Let me know if you have any questions!
~Brooke❤️
Answer:
The correct answer is $543,000
Explanation:
According to the given scenario, the calculation of the ending inventory is as follows:
= Inventory on hand + merchandise purchased F.O.B shipping point + F.O.B destination
= $350,000 + $118,000 + $75,000
= $543,000
The goods held on consignment i.e. not involved is not relevant
Thus, the calculation of the ending inventory is $543,000