Answer:
$3,270
Explanation:
Inventory should be value at lower of cost and market value.
Bottles of CleanZ:
Cost of inventory = Bottles of CleanZ × Price per bottle
= 370 × $3
= $1,110
Market value of inventory:
= Bottles of CleanZ × Market value per bottle
= 370 × $3.20 per bottle
= $1,184
Lowest of cost and market value of inventory is $1,110.
Boxes of DyeZ:
Cost of inventory = Boxes of DyeZ × Price per box
= 270 × $10
= $2,700
Market value of inventory:
= Boxes of DyeZ × Market value per box
= 270 × $8 per box
= $2,160
Lowest of cost and market value of inventory is $2,160.
Therefore, the DyeZ. CurlZ should report its inventory at:
= Lowest of cost and market value of inventor for (CleanZ + DyeZ)
= $1,110 + $2,160
= $3,270
Answer:
Brian's demand is perfectly inelastic.
Crystal's demand is unit elastic.
Explanation:
Given that
Brian said = 10 gallons of gas
where, Crystal says = $10 worth of gas
By seeing the above information, we concluded that the Brain's demand is perfectly inelastic as the demand of the gallons are fixed
And, the crystal demand is unitary elastic as the expenditure would remain unchanged or fixed
In addition, the perfectly inelastic is when elasticity is zero
, and unitary elastic is when elasticity is equal to one
Answer:
I think option D is correct
A country's export ratio is the ratio of imports and exports.
<h3>
What is the export ratio?</h3>
Export ratio is the ratio of import to export. Export would comprise of goods and services produced in the US that are been sold to foreign countries. Import would comprise of foreign produced goods and services that are been sold in the US
To learn more about imports, please check: brainly.com/question/26497713
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Answer:
The correct answer is: substitutes.
Explanation:
A decrease in the supply of good B will cause the supply curve to move to the left. This leftward shift in the supply curve will cause the price of good B to increase.
The consumers will prefer a cheaper substitute, so when the price of good B increases, the demand for good C will increase.
This indicates that good B and good C are substitute goods.
