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Delvig [45]
3 years ago
6

The fact that business customers purchase products to be used directly or indirectly in the production of goods and services to

satisfy customers' needs means that demand for business products is
a. joint.
b. economically stable.
c. derived.
d. inelastic.
e. more fluctuating.
Business
1 answer:
Monica [59]3 years ago
8 0

Answer:

The correct answer is C

Explanation:

Demand for business products is referred to as the derived demand, which means that the firm or business bought the products to be used while producing the products of customer.

And a small decrease or increase in the demand of the consumer could produce the larger change in the demand for the manufacturing equipment and facilities required to make the product for consumer.

So, the needs of the customer states that the demand for the business product is derived.

You might be interested in
It is generally agreed internationally that the one thing that can most readily undermine equity, efficiency and integrity in th
KiRa [710]

Answer:

Bribery

Explanation:

Bribery is an act of influencing someone's behavior to obtain an undue advantage through giving or receiving unearned rewards .It can be in the form of gifts , money , preferred treatment , and other form of favor , but what actually defines a bribe is the intention behind the gifts.

It  has a lot of negative effects either directly or indirectly on the public as it undermines equity , efficiency , integrity in the public service , undercut public confidence in markets , adds to transaction cost and effects the safety and well being of the general public .

3 0
3 years ago
A Pearson’s correlation coefficient of –.5 would be represented by a scatterplot in which:
Margarita [4]

Answer:

A. There is a moderately good fit between the regression line and the individual data points on the scatterplot.

Explanation:

A -.5 correlation coefficient indicates a moderate negative correlation, which means that as the x variable increases in value, the y value decreases in value, but only in around half of the situations.

In a scatter plot, this will look like a small cloud of data points that fit more or less well around the regression line. The regression line slopes downward because the variables are inversely proportional (hence the negative coefficient).

3 0
3 years ago
Sound Audio manufactures and sells audio equipment for automobiles. Engineers notified management in December 2021 of a circuit
denis-greek [22]

Answer:

Sound Audio

Yes.  This loss should be accrued.

Explanation:

Accruing the loss contingency gives the readers of the financial statements an early warning of the probable existence of a future loss.  A loss contingency arises from a probable future event, which gives rise to an adverse outcome from a lawsuit.  Since the cost of the loss can be reasonably estimated and the product recall is virtually certain, it is prudent for Sound Audio to provide for this loss in its December 2021 financial statements.

3 0
3 years ago
What is the var of a 10 million portfolio with normally distributed returns at the 5% VaR? Assume the expected return is 13% and
Kitty [74]

Answer and Explanation:

The computation is shown below:

1. VaR = Expected return - z × Standard deviation  

= 13% - 1.645 × 20%

= -19.90%

Therefore the option a is the correct answer.

2) Now the correlation coefficient is

Variance of the portfolio  = (weight of A × Standard deviation 1)^2 + (weight of B × Standard deviation 2)^2 + (2 × weight of A × weight of B × Standard deviation 1 × Standard deviation 2 × correlation 1 and 2)

3.80% = (60% × 24%)^2 + (40% × 18%)^2 + (2 × 60% × 40% × 24% × 18% × correlation 1 and 2)

So the correlation is 0.583

8 0
3 years ago
Twinkies on the shelf of a convenience store lose their fresh tastiness over time. We say that the taste quality is 11 when the
Dafna1 [17]

Answer:

4.27 days

Explanation:

Initial taste quality = 1

Quality of tastiness declines using this function

Q(t)  = 0.85^t ( t in days )

<u>Determine when the taste quality will be 1/2 of original value</u>

i.e. when Q(t) = 1/2

1/2 = 0.85^t

= In ( 2 ) = - t ( In 0.85 )

∴ t = - In (2) / In (0.85)

     = 4.265 days  ≈ 4.27 days

7 0
3 years ago
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