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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

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Which sentence makes a logical comparison? bob's stocks are worth more than leslie's. bob's stocks are worth more than leslie. l
Naddika [18.5K]
The first one!
Bob's stocks are worth more than leslie's.
3 0
3 years ago
Read 2 more answers
The predetermined overhead rate for manufacturing overhead for 2020 is $4.00 per direct labor hour. Employees are expected to ea
timofeeve [1]

Answer:

$60,000

Explanation:

The computation of the estimated manufacturing overhead is shown below:

Estimated manufacturing overhead = Direct labor hours × predetermined overhead rate

where,

Direct labor hours = Total Direct labor cost ÷ Cost per hour

                              = ($100,000 × 75%) ÷ ($5)

                              = 15,000 direct labor hours

Now the estimated manufacturing overhead equal to

= 15,000 direct labor hours × $4

= $60,000

3 0
3 years ago
An operation that closes due to an imminent health hazard can reopen only after getting approval from what agency?
Inessa05 [86]

Answer:

<u>the FDA (U.S. Food and Drug Administration)</u>

Explanation:

The Food and Drug Administration is a federal agency, which is allowed under US law to prevent an operation from going on if it determines that an imminent health hazard still exists.

However, according to the FDA food code, <em>"if immediate corrective action is taken, there is no "Imminent Health Hazard," meaning</em> the operation can get approval from the agency to reopen.

3 0
3 years ago
Fore Farms reported a pretax operating loss of $137 million for financial reporting purposes in 2021. Contributing to the loss w
Brums [2.3K]

Answer: Hello your question is incomplete attached below is the complete question

answer:

1) attached below

2) Net operating income ( loss )  = - $104 million

Explanation:

Pretax operating loss = - $137 million

Non deductible Losses ; $5 million fine paid in 2021 ,

estimated $12 million loss from contingency that will be tax deductible in 2022

Enacted tax rate = 25%

Taxable operating income = - $120 million

attached below is the solution

4 0
3 years ago
By definition, imports are Group of answer choices people who work in foreign countries. limits placed on the quantity of goods
Naddik [55]

Answer:

goods produced abroad and sold domestically.

Explanation:

Exports are goods produced in the domestic economy and sold abroad.

Quotas limits placed on the quantity of goods leaving a country.

Countries trade goods for which they have comparative advantage and not absolute advantage.

I hope my answer helps you

5 0
3 years ago
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