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pashok25 [27]
3 years ago
11

"The price of coffee increases by 10%, and as a result, Alex purchases fewer donuts. This suggests that to Alex, coffee and donu

ts are:"
Business
1 answer:
Travka [436]3 years ago
8 0

Answer:

Complementary goods

Explanation:

Complementary goods are goods that are demanded for together or consumed together. If the demand for one of the complementary goods increases, the demand for the other good increases and vice versa.

If the price of coffee increases by 10%, the demand for coffee and doughnut would fall according to the law of demand.

I hope my answer helps you.

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Consider a U.S. importer desiring to purchase merchandise from a Dutch exporter invoiced in euros, at a cost of €512,100. The U.
Anestetic [448]

Answer:

The importer accepts this price, so his bank will debit the importer's account in the amount of $500,000.

A. debit, $500,000

Explanation:

Bank debit is a bookkeeping term for realization of the reduction of deposits held by bank customers. A bank debit occurs when a bank customer uses the funds in their account, therefore reducing their account balance.

Euros 512100  

   

dólar 1 1,0242 euros

         x 512100  euros

   

x= 500.000  

7 0
3 years ago
You are a rising star in the purchasing department at your company and you have recently been promoted to manager for business s
aalyn [17]

Answer:

E.

Explanation:

Based on the information provided within the question it can be said that you will be purchasing janitorial services. This is because from the description of your job tasks, you handle purchases of services. That being said the only service available to choose from the answers provided are janitorial services. Therefore it is the only option that falls into your job responsibilities.

3 0
3 years ago
Howard Ramsell recently became aware of implied warranties that exist for consumer purchases. An implied warranty exists as a re
faltersainse [42]

Answer:

(C) the intended use of a product.

Explanation:

Implied as the term means that it is obvious, further guarantee means that the guarantee is obvious.

Now, this is because of the use of the product, as for example there is an equipment called heater, which is generally sold in winters, as it warms the room.

Now it is implied that the heater shall at-least be in proper condition and shall work without any failure for one season of winters.

The correct answer is,

Statement C

3 0
3 years ago
When the firms in the industry are just able to cover their cost of production, economic profit is zero. Therefore, if demand fa
zheka24 [161]

Answer:

The correct answer is false.

Explanation:

A firm incurs both variable cost and fixed cost in the short run. If the firm is able to cover the variable cost in the short run it will continue operating. However, if it is not able to cover its variable cost it will stop operating.  

So, if the demand falls such that total revenue is not able to cover total cost but the variable cost is being covered, the firm will not stop production.  

In the long run, all the costs are variable. So when the revenue is not able to cover cost, the firms will stop operating.

6 0
3 years ago
Symbolic interactionists believe that the social value of the elderly in america ________ when the economy shifted being agricul
tekilochka [14]
<span>Symbolic interactionists believe that the social value of the elderly in America decreased when the economy shifted being agricultural to industrial. 
This may be completely true - industrial era means more use of technology, and usually, the elderly aren't that keen on using new technology. This also means that they are less and less relevant when it comes to the social life in America which is always growing and developing.</span>
3 0
3 years ago
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