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defon
3 years ago
15

Cheese is a complement for hamburgers. If the price of hamburgers rises, the quantity of hamburgers demanded , which the demand

for cheese. Because of the change in the equilibrium quantity of cheese, the demand for milk by cheese producers , causing the equilibrium price of milk to . This means producers of butter face input prices, and the supply of butter . The resulting in the price of butter causes people to substitute , so the demand for jam .
Business
1 answer:
12345 [234]3 years ago
3 0

Answer:

Cheese is a complement for hamburgers. If the price of hamburgers rises, the quantity of hamburgers demanded will <em>fall</em>, which will lead to a <em>fall in the demand</em> for cheese, as cheese and hamburgers are complements to each other. A rise in price of a complementary good will lead to a fall in demand for the complementary good as well. Because of the change in <em>demand</em> for cheese the equilibrium quantity of cheese will <em>fall</em> and the equilibrium price for cheese will also <em>fall</em>, the demand for milk by cheese producers will <em>decline</em>, causing the equilibrium price of milk to <em>fall</em>. This means producers of butter face <em>lower</em> input prices and the supply of butter will <em>rise</em>. The resulting <em>decline</em> in the price of butter causes people to substitute <em>jam for butter</em>, so the demand for jam will <em>decline</em>.

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The requirements and expectations of all the stakeholders are the focus of stakeholder management, yet a fundamental error that occurs is the undersatisfaction of all stakeholder groups.

<h3>Who Are the Stakeholders?</h3>

A stakeholder is a person, group, or organization whose interests are affected by a project's or business venture's outcome. The success of the project is important to stakeholders, who may be inside or outside the sponsoring company. Stakeholders are crucial since their decisions can have a good or negative impact on the project. There are other important stakeholders whose backing is required for the project to proceed.

Like every other participant in the project, a stakeholder is a person, but some are simpler to manage than others. Stakeholder mapping techniques must be learned if you want to find out who your main stakeholders are and make sure you are meeting their needs.

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8 0
1 year ago
After cost overruns of the solar project, $10 million was already spent and unrecoverable. It was going to cost $12 million more
snow_tiger [21]

Answer:

a. continue with the project provided that the additional solar electricity is worth more than $10 million.

Explanation:

Here are the options to this question :

a. continue with the project provided that the additional solar electricity is worth more than $10 million.b. continue with the project provided that the additional solar electricity is worth more than $32 million.c. continue with the project provided that the additional solar electricity is worth more than $22 million.

The $10 million is the sunk cost. Sunk cost is cost that has already being incurred and cannot be recovered. It should not be considered when making future economic decisions.

In making the decision to continue the project, the value of the project should be more than $10 million

5 0
3 years ago
Linda and Chet decide to start their own landscaping business. Their state requires them to draw up an agreement listing how muc
mestny [16]

Answer:

The correct answer is letter "A": Articles of partnership.

Explanation:

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3 years ago
As a result of a court settlement, an accident victim is awarded $1.5 million. The attorney takes one-third of this amount, anot
OLEGan [10]

Answer:

Explanation:

going by the given question above,

a)As the annuity pay is beginning of each year, it is annuity due

b)Present value(P)=$ 1.5/3 million= $ 0.5 million= $ 5*105

Periodic Payment When PV is known

A=\frac{P}{\left \{ {{1-\frac{1}{(1+I)(N-1)} } \atop I}} +1 }

i=0.072/4=0.018

N=5*4=20

x=(1+i)N-1=(1+0.018)19=1.403

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6 0
3 years ago
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Answer:

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The cost of goods sold is thus = 1800 + 1600 = $3400

4 0
3 years ago
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