The number of items
in a product line represents the product line length and the total number of
product lines a company carries represents the product width mix. Product line is a group of products that are related
because they are marketed through the same types of outlets, falls within given
price ranges, functions in a similar manner and are sold to the same customer
groups.
Since the increasing level of government transfers only transfers the wealth without actual creation of goods/services, Higher taxes may be necessary to finance increased transfer payments, leading to a reduction in hours worked because of a decrease in the reward for productive activity. Not only that, <span>.Greater transfer activity diverts productive resources into rent-seeking activity</span>
Answer:
c. a significant amount of market power
Explanation:
Cross price elasticity measures the responsiveness of quantity demanded of a good to the changes in price of another good.
If the cross price elascitiy is postive, the goods are subsituites.
If the cross price elasticity is negative, the goods are complementary goods.
If the cross price elasticitiy is low the firm has market power. It means that it's consumers do not change the quantity demanded when the price of the good changes
If the cross price elasticitiy is high, the market has low market power.
I hope my answer helps you.
Answer:
$800
Explanation:
Pedro's tuition costs of $6,000 is a personal expense and does not qualify as a charitable contribution.
Pedro's donation to the church of $1,000 is charity, but he has to deduct the registration fee of $200 from it. Thus, his total charitable contribution is $1,000 - $200 = $800
Answer:
Step Activities
1 Determine how expensive a car you can afford.
2. Identify the car that meets your needs and wants in terms of size, styling, performance, and safety and obtain online quotes for three target cars.
3. Negotiate the lowest price by getting bids from at least three dealers and hold firm to your target price when selecting the source of your car.
4. Change the oil, rotate the tires, and replace the windshield wipers as needed.
Explanation:
The steps above are arranged to ensure that the next step follows from the last sequentially. The sequence started with making purchase decisions to maintenance activities after the purchase of a car had been completed successfully.
