1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Black_prince [1.1K]
2 years ago
10

If the price of walnuts rises, many people would switch from consuming walnuts to consuming pecans. But if the price of salt ris

es, people would have difficulty purchasing something to use in its place. These examples illustrate the importance of a. the availability of close substitutes in determining the price elasticity of demand. b. a necessity versus a luxury in determining the price elasticity of demand. c. the definition of a market in determining the price elasticity of demand. d. the time horizon in determining the price elasticity of demand.
Business
1 answer:
lilavasa [31]2 years ago
4 0

Answer:

b

Explanation:

You might be interested in
?_____ are responsible for the creation of tactical plans. ?first-level managers ?top managers ?chief financial officers ?middle
ella [17]

Middle Managers are responsible for the creation of tactical plans. Middle managers are those people who are in the senior management position. Main roles of middle managers is to make a strategy for the company making sure that the company focus on their goals and targets. The middle managers should also provide quick results is solving the company’s problems.

4 0
3 years ago
In tax year 2020, a married taxpayer with AGI of $300,000 had gross investment income of $6,150 (which included a long-term capi
Irina-Kira [14]

The amount of net investment income tax that the taxpayer is required to pay is $231.

<h3 />

<h3>What is net investment income tax?</h3>

Net Investment Income Tax are generally imposed by the Internal Revenue on entities' net investment income.

Net investment income tax = ($6,150 - $75) * 3.8%

Net investment income tax = $6,050 * 3.8%

Net investment income tax = $231

In conclusion, the amount of net investment income tax that the taxpayer is required to pay is $231.

Read more about income tax

<em>brainly.com/question/25257355</em>

8 0
1 year ago
Swen Inc. is a global retail chain based in New York. It expands into France and sends Gerard, an American citizen and a trusted
Soloha48 [4]

Answer:

The correct answer is D

Explanation:

Expatriate manager is the one or the workers who are migrated from their home country to the outside nations in order to earn more than the in the home country.

In this case, Company expands the operations in France where they sends Gerard who is a citizen of American. So, this is an expatriate manager as he was migrated to France.

3 0
3 years ago
A _____ strategy is a way of obtaining customers by making decisions that allow an organization to produce goods or services mor
Rashid [163]
The answer to this question is what we called the low cost strategy. The low cost strategy is a type of pricing strategy where in the company offers a very low price for its products and services in order to produce more goods and service. The price for this strategy is more cheaper than the competitors.
4 0
2 years ago
It takes 30 minutes of direct labor time to make one unit. Direct labor wages average $17 per hour. Variable overhead is applied
Cerrena [4.2K]

Answer:

$404,000

Explanation:

Overheads includes all indirect cost incurred to product the units to be sold. Indirect costs are those costs which are not directly traceable / attributable to the product. These cost are variable and fixed.

Time for each unit = 30 minutes = 0.5 hours

Budgeted production in November = Closing Inventory + Sales in November - Opening Inventory.

Budgeted production in November = (180,000 x 10% ) + 135,000 - 14,000 = 139,000

Budgeted production overhead Included all the variable and fixed overheads incurred to produce the budgeted production.

Variable overhead = 139,000 x 5 X 0.5 = $347,500

Total budgeted Overhead = $347,500 + $56,500 = $404,000

5 0
3 years ago
Other questions:
  • Which margin size is most appropriate for a business card?
    7·2 answers
  • How can businesses best take advantage of globalization?​
    15·1 answer
  • The maximum the insurance guaranty association will pay to an individual for life insurance death benefits is
    8·1 answer
  • Abraham’s Eatery uses a lunch box supplier that has a sales rep come by weekly to order boxes. Abraham wants a 98% service level
    9·1 answer
  • Describe whether the following changes cause the short-run aggregate supply to increase, decrease, or neither. a. The price leve
    12·1 answer
  • Jeremy earned $100,000 in salary and $6,000 in interest income during the year. Jeremy’s employer withheld $11,200 of federal in
    10·1 answer
  • Explain the theory of purchasing power parity (ppp). based on this theory, what is a general forecast of the values of curren­ci
    13·1 answer
  • Besides your own site name, what other domain names should you register?
    11·2 answers
  • In a large metropolitan market, it is relatively easy to set up a law office. The ease of entry explains why you will find hundr
    10·1 answer
  • 11. What are assets?
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!