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Natali [406]
4 years ago
14

Which phrase defines complementary goods

Business
2 answers:
katen-ka-za [31]4 years ago
5 0
Wal-Mart slogan "always low prices" showing the if its cheaper they'll have a bigger demanded store than other stores
olga_2 [115]4 years ago
5 0

Answer:

The Goods used in combination with other products.

Explanation:

<em>Complementary goods are best described with the phrase: Goods used in combination with other products. </em>

<em>Products which are used with each other and are connected with the use of a  paired or an associated good are often known to as complementary goods. For example Goods A and B are complementary if using more of good A requires the use of more of good B. or B.C.</em>

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What term refers to the knowledge, education, training, skills, and expertise of a firm's workers?
makkiz [27]
<span>Human capital is the term that refers to the knowledge, education, training, skills, and expertise of a firm's workers.
</span>Gary Becker, an economist from the University of Chicago has popularized this term. <span> The human capital includes assets of individuals that can be used to create economic value for the individuals, their employers, or their community: </span>
7 0
3 years ago
A stock had returns of 18.58%, -5.58%, and 20.81% for the past three years. What is the variance of returns?
NemiM [27]

Answer:

Variance = 0.02141851

Explanation:

We first calculate the mean for the stocks

Mean = (0.1858 - 0.0558 + 0.2081) / 3

Mean = 0.3381 / 3

Mean = 0.1127

Variance = [(0.1858 - 0.1127)^2 + (- 0.0558 - 0.1127)^2 + (0.2081 - 0.1127)^2] / 3 -1

Variance = [0.0731^2 + (-0.1685^2) + 0.0954^2] / 2

Variance = 0.00534361 + 0.02839225 + 0.00910116 / 2

Variance = 0.04283702 / 2

Variance = 0.02141851

The variance of returns is 0.02141851

7 0
3 years ago
Suppose that a store sells candy bars for $0.89 for one and $1.50 for two. The marginal cost of the second candy bar is:
hoa [83]

The marginal cost of the second candy bar is:$0.61.

<h3>Marginal cost</h3>

Using this formula

Marginal cost=Selling price for two-Selling price for one

Where:

Selling price for one=$0.89

Selling price for two=$1.50

Let plug in the formula

Marginal cost=$1.50-$0.89

Marginal cost=$0.61

Inconclusion the marginal cost of the second candy bar is:$0.61.

Learn more about marginal cost here:brainly.com/question/16615264

4 0
2 years ago
A company could incur excessive costs and lose money if they primarily focus on _______ customers.
Vedmedyk [2.9K]
D. Average and below-average customers. 

Consider that below-average customers would lose a company money because below-average customers buy less and potentially cost more than average customers. Therefore, if a company only targeted average and below-average customers, their revenue would be pulled down by the below-average customers and their expenses or costs would be pulled up by the below-average customers. These two factors could contribute to the company losing money. 
7 0
4 years ago
Read 2 more answers
The Ralston Company manufactures a special line of graphic tubing items. The company estimates it will sell 81,000 units of this
Oksanka [162]

Answer:

c. $453,500

Explanation:

The computation of materials requirements (in feet) is shown below:-

Estimated sales                      $81,000

Add Ending inventory            $16,000

Less Opening inventory        $26,000

Units for production budget  $71,000

Production units                      $426,000

($71,000 × 6)

Add Ending reserve                 $106,500

($426,000 ÷ 12 × 3)

Less Beginning reserve of

feet                                              $79,000

Materials requirements           $453,500

Therefore the materials requirements (in feet) for 2016 is $453,500

7 0
3 years ago
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