<span>In a channel arrangement, two or more companies at one level join together to follow a new marketing opportunity.
When a company has a channel arraignment it allows for new marketing strategies and tactics. In this situation, companies are going in together at the same level with the same power to accomplish new opportunities and goals together. </span>
Answer: Personal computers must be a normal good.
Explanation:
Normal good is a type of commodity available in a market, in which the commodity's demand increases as income of the buyers increase. The normal goods posses a positive income elasticity of demand(where demand is directly proportional to income).
The net short term capital loss for Elliott for 2021 will be $(2100); and the net long term capital gain will be $9,300.
<h3>What is capital gain?</h3>
The gain or positive returns made on the investment or engagement of money during a particular period is known as a capital gain. A short term capital gain is derived within 1 year; and long term is more than a year.
Hence, the capital gains and losses made by Elliott are aforementioned.
Learn more about capital gain here:
brainly.com/question/24084696
#SPJ1
Purchases = Sales units + Closing inventory - Beginning Inventory
= 7,400 + (2,400 * 120%) - 2,400
= 7,800 units
