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Arturiano [62]
3 years ago
13

If the price of good A decreases by 10 percent and the quantity demanded of good B increases by 10 percent, this is evidence tha

t goods A and B are :
a. substitute goods
b. complement goods
c. inferior goods
d. normal goods
e. not related
Business
1 answer:
Lostsunrise [7]3 years ago
6 0

Answer:

b. complement goods

Explanation:

Complement goods -

These are the type of goods , that are related to each other in a certain manner , is referred to as complement goods.

These type of good are also referred to as paired goods or associated goods .

In case of complement goods , if a person buys first good , then he might require the second good too.

These goods can even alters the prices of each other .

For example ,

people buying a CD player , need to buy the corresponding CD too , and hence ,

CD player and CD are complement goods.

Hence , from the given scenario of the question,

The correct option is b. complement goods .

A complementary good is a good whose use is related to the use of an associated or paired good. Two goods (A and B) are complementary if using more of good A requires the use of more of good B.

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Diano4ka-milaya [45]

Internal influences on HRM objectives

Corporate objectives

E.g. an objective of cost minimisation results in the need for redundancies, delayering or other restructuring

Operational strategies

E.g. introduction of new IT or other systems and processes may require new staff training, fewer staff

Marketing strategies

E.g. new product development and entry into a new market may require changes to organisational structure and recruitment of a new sales team

Financial strategies

E.g. a decision to reduce costs by outsourcing training would result in changes to training programmes

External influences on HRM objectives

Market changes

E.g. a loss of market share to a competitor may require a change in divisional management or job losses to improve competitiveness

Economic changes

E.g. changes in the level of unemployment and the labour market will affect the supply of available people and their pay rates

Technological changes

E.g. the rapid growth of social networking may require changes to the way the business communicates with employees and customers

E.g. the growing number of single-person households is increasing demand from employees for flexible working options

Political & legal changes

E.g. legislation on areas such as maximum working time and other employment rights impacts directly on workforce planning and remuneration

Share:

5 0
3 years ago
Jordan's Ice Creams is strategically located near a university. After realizing that most of its customers, who are mostly stude
olga2289 [7]

Answer:

D) Focused differentiation strategy.

Explanation:

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7 0
2 years ago
Read 2 more answers
Financial statements are important for:
Tpy6a [65]

Answer:

its D All the above

That's What I think

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5 0
3 years ago
A production department in a process manufacturing system completed its work on 84,000 units of product and transferred them to
daser333 [38]

Answer:

FIFO method equivalent units are obtained by adding the beginning WIP and units started and deducting the ending WIP.

The equivalent units under each of the three assumptions are

Materials Conversion <u>67,800           67,800</u>

Materials Conversion<u>56730           56730</u>

Materials Conversion <u>69060           69060</u>

Explanation:

<u>Assumption 1 : </u>all materials are added at the beginning of the process and conversion is 100% complete

<u>Particulars    Units          % of Completion             Equivalent Units</u>

<u>                                      Materials  Conversion        Materials  Conversion </u>

BWIP       25,200       100              100                   25,200       25,200

Add

Units Started 58,800                                            58,800         58,800

Less

Units Completed

<u>                    16,200                                               16,200            16,200</u>

<u>Equivalent Units                                                   67,800           67,800</u>

<u />

<u>Assumption 2:</u>

Beginning Inventory is 40% complete as to materials and conversions and ending inventory is complete 75 %as to materials and conversions.

<u>Particulars    Units          % of Completion             Equivalent Units</u>

<u>                                      Materials  Conversion        Materials  Conversion </u>

BWIP       25,200        40              40                   10,080       10,080

Add

Units Started 58,800                                             58,800         58,800

Less

Units Completed

<u>                    16,200       75                  75               12150            12150</u>

<u>Equivalent Units                                                   56730           56730</u>

<u />

<u>Assumption 3:</u>

Beginning Inventory is 60% complete as to materials and conversions and ending inventory is complete 30 %as to materials and conversions.

<u>Particulars    Units          % of Completion             Equivalent Units</u>

<u>                                      Materials  Conversion        Materials  Conversion </u>

BWIP       25,200        60              60                   15,120       15,120

Add

Units Started 58,800                                             58,800         58,800

Less

Units Completed

<u>                    16,200       30                  30               4860            4860</u>

<u>Equivalent Units                                                   69060           69060</u>

<u />

FIFO method equivalent units are obtained by adding the beginning WIP and units started and deducting the ending WIP.

3 0
3 years ago
Fill in the blanks for each of the following independent cases.
denis-greek [22]
  • The correct form to fill the blanks of the following independent cases is:

<u>Case    Revenues variable    Fixed   Total  operating   contribution </u>

<u>                               cost         cost     cost income margin      Contribution</u>

a             2400       600           200     800     1600            75%        1800

b             2500      1400           200    1600    900              44%       1100

c            500           300              200   500       0               40%        200

d            1200          900              200    1100   100              25%          300

The below formulas should be used:

  • Contribution = Revenues - variable cost.
  • Contribution margin = contribution ÷ revenue.
  • Operating income = Revenue - total cost
  • Total cost = fixed cost + variable cost

4 0
2 years ago
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