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3 years ago

The price of bread goes up. What happens to DEMAND for butter?

Business

1 answer:

nikklg [1K]3 years ago

3 0

Answer:

A. The demand curve shifts to the left

Explanation:

Bread and butter are compliment goods. They offer the consumer a high utility when consumed together. An increase in demand for bread will increase the demand for butter. Changes in the price of bread will affect the demand for butter.

An increase in the price of bread leads to a decrease in demand. Reduction in bread demand means that butter consumption will decline as there will be less bread to apply butter. A decrease in demand will prompt the demand curve to shift inwards.

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Which of the following statements is correct regarding the predictability of analytical procedures in a financial statement audi

Pie

Answer:

The answer is letter B

Explanation:

Relationships involving income statement accounts tend to be more predictable than relationships involving only balance sheet accounts.

Because analytical procedures are evaluations of financial information made by study of plausible relationships among financial and nonfinancial data using models that range from simple to complex. The reason is that income statement amount is based on transactions over a period of time, but balance sheet amounts are for a moment in time. Moreover, amounts subject to management discretion tend to be less predictable.

5 0

3 years ago

Purchasing resources that a company needs in order to operate is called a(n) ________ activity.

Kruka [31]

The answer to this question is the term investing activity. An investing activity is an item in the cash flow items that reports the gains and losses from the investments. Examples of records in the investing activity are the acquisition or franchise of restaurant, proceeds from the sale of properties, and capital expenditures.

6 0

4 years ago

Elian's credit card had a balance of $132.20 on April 1. On April 5, he charged $74.50. On April 18, he made a payment of $52.

djverab [1.8K]

Answer:

$173.45

Explanation:

132.20

+ 74.50

206.70

************

206.70

- 52

154.70

***********

154.70

+ 18.75

173.45

5 0

3 years ago

Distinguish between regional level and national level employment giving adequate example

nikdorinn [45]

I don’t get it umm maybe try explaining it more

3 0

3 years ago

Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are p

olchik [2.2K]

Answer:

560,000 grams should be purchased

Explanation:

production budget:

estimated sales = 140,000 units

planned ending inventory = 77,000

total production required = 217,000

- beginning inventory = (27,000)

units to be produced = 190,000

materials budget:

units to be produced = 190,000

materials per unit = 3

total direct materials needed = 570,000

+ desired ending inventory = 47,000

- beginning inventory = (57,000)

direct materials purchases = 560,000

7 0

3 years ago