1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natka813 [3]
3 years ago
11

A substitute good is one that_________.

Business
1 answer:
melamori03 [73]3 years ago
3 0

Answer:

e. can be used in place of another good, fulfilling the same basic purpose

Explanation:

Substitute goods are products used in place of another when it becomes unavailable or beyond cost and even for other reasons. Such products are however only recognized as substitute products where it fulfills the basic purpose as the other.

For example, a person may choose to make a trip by train rather than by bus. The basic purpose of the bus is to get the person to a desired destination and where the train is used in place of the bus to get the person to the desired destination.

As such, the train is a substitute to the bus.

Hence the right option is e. can be used in place of another good, fulfilling the same basic purpose

You might be interested in
Suppose that LilyMac Photography has annual sales of $290,000, cost of goods sold of $155,000, average inventories of $3,500, av
Sliva [168]

Answer:

11.12

Explanation:

See attached files

8 0
4 years ago
Why was it considered necessary to establish OSHA? A. To assure pay equality for all workers in the nation B. To assure that dis
Soloha48 [4]
B would be your best answer
7 0
4 years ago
Read 2 more answers
Assume that Landen has historically used a plantwide predetermined overhead rate with direct labor-hours as the allocation base.
disa [49]

Answer:

Explanation: see attachment

4 0
3 years ago
Read 2 more answers
Saddle Up, a small tack store in Massachusetts, stresses a culture of excellent customer service. To ensure customer satisfactio
Gre4nikov [31]

Answer:

The correct option is C, use their best judgement

Explanation:

Option A is wrong as there was no requirement stipulating that they need to check with the corporate office before accepting a return.

Option B is also wrong based on the point above.

Option C is correct as the employees are given the opportunity to use their best judgement in determining whether or not an item is still in good condition.

Option D is also wrong because there was no pointer to strict adherence to guidelines.

Lastly, option E is wrong because good condition is not the same new condition.

4 0
3 years ago
Read 2 more answers
You are thinking about the things that can go wrong on your trip home over the Thanksgiving break. You have booked a flight with
pashok25 [27]

Answer: 89.5% or 0.895

Explanation:

Probability of you making it home if the flight is canceled:

= Probability that flight is canceled * probability that Walter has a seat

= 35% * 70%

= 24.5%

Probability of you making it home by flight:

= 100% - 35%

= 65%

Probability of you making it home for the holidays:

= Prob. if flight is canceled + Prob. by flight

= 24.5% + 65%

= 89.5%

4 0
3 years ago
Other questions:
  • Diana Industries, Inc. (DII), developed standard costs for direct material and direct labor. In 2010, DII estimated the followin
    13·1 answer
  • In the workplace, the "open shop" meant
    11·1 answer
  • One motivational formula will not work for all employees true or false
    11·1 answer
  • When people became less concerned with the underlying value of their houses and instead focused on the expectations of the price
    10·1 answer
  • Wich of the following is not true of credit cards?
    13·1 answer
  • A property owner has agreed to allow a shopping mall access across her private road in order to allow shopping mall customers to
    11·1 answer
  • An American executive goes to Yemen to finalize a business deal. He hands over his documents to his Yemeni host with his left ha
    5·1 answer
  • Data related to the inventories of Costco Medical Supply are presented below: Surgical Surgical Rehab Rehab Equipment Supplies E
    5·1 answer
  • A company purchased $2,000 of merchandise on July 5 with terms 1/10, n/30. On July 7, it returned $220 worth of merchandise. On
    9·1 answer
  • Which of the following is TRUE about a lease agreement?
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!