The answer is; "these sites have <span>increased the cross-price elasticity for substitute products".
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When we evaluate the responsiveness
of the demand for any good towards the change in the price of a related good
is known as cross price elasticity of demand and it is
always measured in terms of percentage.
Solution:
If 2 pounds of direct materials are used to make one unit of finished product, then 115,000 units × 2 lbs, or 230,000 lbs were used at $0.65 per lb of direct materials i.e. ($149,500 ÷ 230,000 lbs.).
The Formula for calculating Ending Direct Material Cost =
[Ending Direct Material Inventory * Cost per lb]
Therefore, Ending Direct Materials cost is 1,900 lbs. * $0.65 = $1,235.
Answer:
A busy small business owner is considering purchasing groceries through a premium home delivery service because of its convenience. The service provides the best groceries and costs significantly more than buying groceries in the store, but home delivery is an attractive feature. Examine the
opportunity costs and trade-offs of the small business owner choosing to buy groceries through this premium home delivery service. Compare your
findings with the opportunity costs and trade-offs if the small business owner were to choose buying groceries in the store instead.
Explanation:
Can i have brainliest i've gave lot's but never get
I would love to be a Zoologist: Zoology is the study of animals and their behavior. Zoologists may study a particular species or group of species, either in the wild or in captivity. Zoologists study animals and their interactions with ecosystems. They study their physical characteristics, diets, behaviors, and the impacts humans have on them. The first thing to do to get started is getting a doctorite in that study!
Answer:
The Price of Cocaine would rise drastically
Explanation:
If U.S Drugs Enforcement Agency impose higher restrictions in an effort to control illegal import of cocaine into the United States, this would directly impact the market for illegal drugs in the following ways:
- Since more restrictions get imposed, the procurement cost of cocaine alongside the risk associated with it in the form of higher penalties and prosecution, both will rise.
- The supply of cocaine would shrink in the market.
- The above two outcomes would result into the procurers and peddlers demanding much greater price for the same quantity of cocaine so as to compensate for the higher risk assumed and higher procurement costs associated.
Thus, price of cocaine will rise drastically as an outcome of such a move.