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Vadim26 [7]
3 years ago
6

Ketchup is a complement (as well as a condiment) for hot dogs. If the price of hot dogs rises, the quantity of hot dogs demanded

(fall/rises), which (raises/lowers) the demand for ketchup. Because of the change in the equilibrium quantity of ketchup, the demand for tomatoes by ketchup producers (falls/rises), causing the equilibrium price of tomatoes to (increase/decrease). This means producers of tomato juice face (higher/lower) input prices, and the supply curve for tomato juice (increases/decreases). The resulting (rise/fall) in the price of tomato juice causes people to substitute (away from tomato juice and toward orange juice/away from orange juice and toward tomato juice), so the demand for orange juice (falls/rises).
Business
1 answer:
-BARSIC- [3]3 years ago
4 0

Answer:

Fall; lowers; falls; decrease; lower; increases; fall; away from orange juice and toward tomato juice; falls.

Explanation:

Ketchup is a complement and condiment in hot dogs. An increase in the price of hot dogs will cause its quantity demanded to fall. This will cause the demand for ketchup to decrease as well. The demand curve for ketchup will move to the left. This will cause the equilibrium quantity to fall. This will further cause a reduction in the demand for tomatoes by ketchup producers.

A decrease in demand will cause the equilibrium price of tomatoes to fall. A reduction in the price of tomatoes will lower the cost of producing tomato juice. The firms will be able to supply more at the same cost. This will cause the supply to increase. As the supply curve moves to the right, the equilibrium price of tomato juice will fall.

Orange juice is a substitute for tomato juice. The consumers will prefer the cheaper substitute. As a result, demand will move away from orange juice towards tomato juice. This will cause the demand for orange juice to fall.

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In the event of a robbery, what must you do?<br> Select all that apply.
maria [59]

✦ ✦ ✦ Beep Boop - Blu Bot! At Your Service! Scanning Question . . . Code:

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Question: In the event of a robbery, what must you do?

--------------------------------------------------------------------------------------------------------------Answer: In the event of an armed robbery, instruct your staff to remain calm, alert and observant. Panic only heightens the danger involved. Emphasize that their safety and welfare is your primary concern. Money can be replaced, human life cannot. Here are a few tips to help educate and protect your staff in the unfortunate event of a robbery.

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7 0
3 years ago
On May 1, 2021, Meta Computer, Inc., enters into a contract to sell 5,500 units of Comfort Office Keyboard to one of its clients
madam [21]

Answer:

A. 2

B. May 1, 2021

Dr Cash $94,600

Cr Deferred revenue $89,870

Cr Deferred revenue-coupons $4,730

C. May 1, 2021

Dr Cash $94,600

Cr Deferred Revenue $94,600

Explanation:

A. Based on the information given the numbers of PERFORMANCE OBLIGATIONS that are in this contract is 2 which are:

KEYBOARD and CUSTOMER OPTION FOR FUTURE DISCOUNT

B. Preparation of the journal entry that Meta would record on May 1, 2021.

May 1, 2021

Dr Cash $94,600

Cr Deferred revenue $89,870

($94,600-$4,730)

Cr Deferred revenue-coupons $4,730

(5%*$94,600)

C. Preparation of the journal entry that Meta would record on May 1, 2021

May 1, 2021

Dr Cash $94,600

Cr Deferred Revenue $94,600

8 0
3 years ago
You save $5,000.00 and invest 60% of it in stocks while leaving the rest in a savings account earning a 4.9% APR. The stock incr
LiRa [457]
Amount invested in stocks 5,000 X 0.60 = 3,000

After one year gains 9%
3,000 X ( 1 + 0.09) = 3,270

After second year loses 4%
3,270 X ( 1 - 0.04) = 3,139.2 amount after second year

So Stocks gained 139.2 ( 3139.2 - 3000)

Amount of saving account
5,000 X 0.40 = 2,000

After 2 years
2,200 X ( 1 + 0.049)^(2) = 2,200.802

So gained 200.802 (2200.802 - 2000)

Total amount after 2 years
3,139.2 + 2,200.802 = 5,340.002

Gained 340.002 (5340.002 -5000)
7 0
3 years ago
Mr. Benjamin salgado invested his savings to salgado and delgado construction corporation amounting to php500,000 in cash and eq
ohaa [14]

Answer:

Mr. Benjamin has invested total php 750,000 in Salgado and Delgado construction corporation.  

Explanation:

The investment made by Mr. Benjamin in cash and as an equipment both will be considered as investment made in the company. The percentage of stake will be calculated by considering both forms of investments. Mr. Benjamin will have controlling stake in Salgado and Delgado corporation. The company can receive dividends according to percentage of stake declared by the company.

7 0
2 years ago
Firm A produces desks. It is situated in the US but imports wood from Brazil. Last year it imported $8,000 in lumber and sold 10
Veronika [31]

Answer:

The correct answer is C: 48000

Explanation:

The Expenditure Approach is a method of measuring GDP by calculating all spending throughout the economy including consumer consumption, investing, government spending, and net exports. This method calculates what a country produces, assuming that the finished goods and services of a country equals the amount spent in the country for that period.

<u>The formula is: </u>

GDP=C+I+G+/-NX

GDP: Gross Domestic Product

(C) consumer spending – this is the amount that all consumers spend on goods and services for personal use.

(I) investment – this is the amount that businesses or owners spend to invest in new equipment or expansions.

(G) government spending – this includes spending on new infrastructure like bridges and roads.

(NX) net exports – this includes spending on a country’s exports minus its spending on imports.

AddedGDP= 56000-8000

AddedGDP= 48000

6 0
3 years ago
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