Answer: Yes. Robert is is an investment adviser representative
Explanation:
Based on the scenario given in the question, we can deduce that Robert is an investment adviser representative. An Investment Adviser Representative is someone who is an employee for an investment advisory company and the person provides advice that are related to investments activities for the company.
In this case, Robert is performing the duties of an investment adviser representative for JJ financial planning.
The quantity of traveling by train would change by 28%.
Cross-price elasticity measures how the quantity demanded of a good is affected by changes in the price of another good.
Cross price elasticity = percentage change in the quantity demanded of good A / percentage change in the price of good B.
0.7 = percentage change in the quantity of traveling by train / 40%
Percentage change in the quantity of traveling by train = 40 x 0.7 = 28%
To learn more about cross price elasticity, please check: brainly.com/question/26035503
Answer:
yes true ik it is i got it wrong when i said false
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
The answer is option C) Useful for writing a report to shareholders is NOT one of the major reasons for a manager to understand cost behavior.
Explanation:
Cost behavior is observed by the manager to evaluate the changes in cost due to changes in level of output within the organization.
Analyzing cost behavior
- Useful for evaluating divisional performance
- Useful for implementing flexible budgeting
- Useful for conducting break-even and contribution margin analysis
It important for managerial decision making purpose and helps managers would be able to reduce total cost incurred on activities.
