1. decreases
2. increases3. decreases
4. decreases
The answers here require you to understand the terms involved. So let's look at the options and see what is what.
1. The price of a substitute good ▼ increases decreases​
* A substitute good is some good that can be used as a substitute for another good. So if that substitute becomes cheaper, it will be used more as a substitute for the original good. So the answer is "decreases"
2. The price of a complementary good ▼ decreases increases​,
* A complementary good is a good that's used in conjunction with another good. Something like milk and cookies. As more cookies are consumed, more milk is desired to go along with the cookies. So increasing the price of the complementary good will decrease the demand of the other good. So the answer is "increases"
3. Consumer income â–Ľ increases decreases
* If the consumer has less money to spend, then spending on non-essential goods will decrease. So the answer is "decreases".
4. Population â–Ľ decreases increases
* A smaller population is a reduced consumer base, so fewer goods are purchased. The answer is "decreases"
Answer:
Merchandise purchases budget explanations only.
Explanation:
Hi, your question has missing information, however i have supplied explanations below.
A purchases budget is required to determine the quantities of purchases required for :
- Resale - For Merchandisers
- Use in Production in case of Manufacturer
Here is the structure of the merchandise purchases budget for Walker Company (Merchandiser).
<u>Merchandise purchases budget </u>
Month
Budgeted Sales x
Add Budgeted Inventory x
Total Purchases needed x
Less Budgeted Opening Inventory (x)
Budgeted Purchases x
As stated by the question : <em>Company policy is to end each month with merchandise inventory equal to a specified percent of budgeted sales for the following month.</em>
<em>Ending Inventory = Next months` sales x required percentage</em>
Ending Inventory for one month say July becomes Opening Inventory for the following month (August) for our merchandise purchases budget.
Peyton is engaging in a sales strategy in which he would likely tell of the buyer that the land will increase twice as much in the following year if it has not been brought in which this strategy will be able to lure the buyer into thinking of whether he or she will buy the land or not.
Answer:
Mark-up percentage= 87.55%
Explanation:
Giving the following information:
Purchased price= $15.99
Selling price= $29.99
<u>To calculate the mak up percentage, we need to use the following formula:</u>
Mark-up percentage= [(selling price - purchase price)/purchase price]*100
Mark-up percentage= [(29.99 - 15.99)/15.99]*100
Mark-up percentage= 87.55%
Answer: the Correct answer is Option D
D. 2 and 3
Explanation:
2. The change in the number of defined benefit plans has resulted in a shift in risk from employers
to employees.
3. The increased life expectancy, combined with reduced annuitized benefits has increased the risk
of superannuation for retirees.
