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hodyreva [135]
3 years ago
11

All else constant, if butter and margarine are substitute goods, then as the price of butter rises,

Business
1 answer:
Triss [41]3 years ago
7 0
A) has to be the answer
You might be interested in
True/False
matrenka [14]

Answer:

True

Explanation:

In business, target marketing is a strategy in which the marketing efforts of a firm is centered toward a part of a larger market with great prospect of making profit

4 0
4 years ago
Presented below is information for Ivanhoe Co. for the month of January 2022. Cost of goods sold $221,000 Rent expense $33,500 F
zhenek [66]

Answer:

Sales Revenues   392,500

Sales Returns        (20,000)

Freight outs     <u>         (9,700)   </u>

Net Sales              362,800‬

Cost of good sold (221,000)

Gross profit             141,800

Operating Expenses

Rent expense                          (33,500)

nsurance expense                   (14,600)

Salaries and wages expense<u> (63,400)  </u>

Operating Income                    30,300‬

Income tax expense                  (4,300)

Net Income                                26,000

Other comprehensive income    2,000

Comprehensive Income           28,000

Explanation:

the OCI is listed after-taxed thus do not change the total income tax expense

comprehensive income will be the sum of both concepts net income and OCI

3 0
3 years ago
The nations of Utopia and Paradise both produce popcorn and cola. They currently do not trade. Below are the Production Possibil
Nadya [2.5K]

Answer and explanation:

The following attached files                                                                                                      

give a comprehensive breakdown of  solutions                                                                    

to the questions                                                                                                                      

   

5 0
3 years ago
Between the original equipment manufacturer (OEM), original design manufacturer (ODM), and original brand manufacturer (OBM), ge
ser-zykov [4K]

Answer:

OEM

Explanation:

Of all these three, the OEM is the least risky. And also it is the safest approach. It has the ability to decrease the cost of production. The purchasing company would be able to get whatever is needed without needed a factory or running one.

OBM engaged in manufacturing, designing and Branding products.

ODM engages in both designs and manufacturing

6 0
3 years ago
A company invested $400,000 in a technology that reduced the overall costs of production by reducing their cost per unit from $2
Katena32 [7]

Option D, Both A & C

Explanation:

A company invested $400,000 in a technology that reduced the overall costs of production by reducing their cost per unit from $2 to $1.85 . Later, a manager has an opportunity to outsource production to another company at a cost per unit of $1.75 . If you are the manager, you should consider the $400,000 as a sunk cost, not relevant to the decision and should ignore the $400,000 fixed cost.

Sunk cost is the cost which is already incurred in past and does not have any significance in decision making.

A sunk cost is already incurred in the fields of economy and business decision-making and can not be recovered. Sunk costs are contrasted with future costs, which can be avoided if measures are taken.

7 0
3 years ago
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