Answer: B. Shampoo and conditioner, with an elasticity of -3.5.
Explanation:
Complimentary products are those which see their quantity demanded move together because the goods usually compliment each other like tea and sugar.
Their Cross-price elasticity shows this by being a negative figure. This is because when the price of one commodity goes up, the quantity demanded of the other goes down because higher prices lead to lower quantity demanded.
The actual question showed that Conditioner and Shampoo had a cross-price elasticity of -3.5 so this is the correct answer.
Answer:
The remaining part of the question:
Which statement is TRUE?
A. Because the payment received by the IAR is small, there is no requirement to notify the client of the payment arrangement with the executing broker
B. Because the client has an investment objective of aggressive growth, requiring an active trading strategy, there is no requirement to notify the client of the payment arrangement with the executing broker
C. The IAR must notify the client of the payment arrangement with the executing broker
D. The IAR must notify RIA of the payment arrangement with the executing broker
<u>Correct Answer:</u>
<u>C. The IAR must notify the client of the payment arrangement with the executing broker
.</u>
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Explanation:
Answer:
B. Commercial impracticability
Explanation:
Commercial impracticabilty occurs when the actions under a contract is impractical and cannot be accomplished or achieved. It is triggered when actions or performance of a contract by a party has become impracticable and hence unfeasible or maybe just too difficult or costly to accomplish. The best defense for the florist in this case is commercial impracticabilty as the disease sweeping through the type of rose Belinda ordered has made it difficult and costly to accomplish or achieve.
<span>In dermining how much life insurance coverage
is needed for an individual , you have to consider first, to determine annual
income needs of your family if you were to die today. Because you have to
consider any lifestyle changes that might happen after te death and include
current expenses such as mortgage, rent, groceries, clothing, utility bills,
entainment, travel, transportation and child care. Next, you have to subtract
available income from annual income needs. Then, determine the principal needed
to generate income to be replaced (annual income to be replaced) devided by
(rate of return) = amount of principal needed. Next, Add one-time expenses of
your survivors will have to pay including funeral expenses. Lastly you have to subtract
one-time gains such as the total amount of money or profit that is made from
other life insurance policies, assets from selling a business or other payouts.</span>
