D. all of the above because all are not physical retailers. Non-traditional sellers/retailers do their selling/business over the phone, on the internet, etc.
Dupe's present age = 14 years
Olu's present age = 11 years
Explanation:
- Let Dupe's age be x. Let Olu's age be y. Since their ages add up to 25 years, x + y = 25
- Eight years ago Dupe's age was double that of Olu's age. Solving by simultaneous equations. Four methods are Elimination Method, Graphical Method, Substitution Method, and Matrix Method. Let us try out Elimination method for solving a pair of simultaneous linear equations that reduces one equation to one that has only a single variable. Once this has been done, the solution is the same as that for when one line was vertical or parallel.
- Therefore, eight years ago, Dupe's age was 6 and Olu's age was 3 so that x=2y becomes, 6=2*3. Eight years hence, x=6+8=14 and y=3+8=11. That makes, x or Dupe's age as 14 years and y or Olu's age as 11 years.
Answer:
The contribution margin for Sam's Bookstore for the first quarter is 0.84 or 84 %
Explanation:
Contribution Margin = Contribution ÷ Sales
Where,
<em>Contribution = Sales - Variable Costs</em>
where,
Sales :
Sales = $ 900,000
Number of Books Sold = $ 900,000 ÷ $50
= 18,000 books
Variable Costs Calculation :
Cost of goods sold $630,000
Variable selling expenses ($5 × 18,000 books) $90,000
Variable administrative expenses( 4% × $ 900,000) $36,000
Total Variable Costs $756,000
Therefore,
Contribution Margin = $756,000÷ $ 900,000
= 0.84 or 84 %
Answer:
A) an increase in the price of other kinds of candy
Explanation:
If the price of substitute products (other types of candy) increases, then the suppliers of chewing gum can increase their price without the quantity demanded decreasing. If the decrease in the price of chewing gum is smaller than the increase in the price of substitute products, the quantity demanded will increase.
If there was a price increase of the main ingredients used to produce chewing gum, then the supply curve would shift to the left (option B is wrong).
If the workers signed an agreement that lowered their wages, then the supply curve would shift to the right (option C is wrong).
A decrease in the number of young people in the market would decrease the quantity demanded for chewing gum, which in turn would decrease the equilibrium price (option D is wrong).
A decrease in income would also decrease the quantity demanded, which would in turn decrease the equilibrium price (option E is wrong).
The answer is C I hope this helps you
