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Volgvan
3 years ago
15

If the price of milk rose to $6 per gallon, consumers would purchase fewer gallons of milk than if the price were $2 per gallon.

If the price of chocolate fell to $1.50 per piece, consumers would purchase more chocolate than if the price were $5 per piece. These relationships illustrate the___________.
Business
1 answer:
Law Incorporation [45]3 years ago
4 0

Answer:

the law of demand

Explanation:

as the law of demand states that the higher the price the lower the quantity that will be demanded, and the lower the price the higher the quantity that will be demanded

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A firm using multiproduct branding typically spends blank______ to develop consumer brand awareness when introducing a product l
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Typically spends LESS to develop consumer brand awareness.
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2 years ago
Carter Company reported the following financial numbers for one of its divisions for the year; average total assets of $4,100,00
Agata [3.3K]

Answer:

14.7%

Explanation:

The computation of return on investment is shown below:

Return on Investment = Net Income ÷ Average total assets × 100

where,

Net Income is

= Sales - Cost of goods sold - Operating expense  

= $4,525,000 - $2,550,000 - $1,372,000

= $603,000

And,

Average total assets = $4,100,000

So,

Return on Investment is

= $603,000 ÷ $4,100,000 × 100

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3 0
3 years ago
The Chowning Company manufactures ear buds. The variable cost of each set of ear buds is $0.35. The company incurs monthly fixed
kiruha [24]

If Chowning makes 1,200 sets of ear buds in February, what is the total cost is $10,420.

<h3 /><h3>Total cost</h3>

Using this formula

Total cost = Variable cost + Fixed cost

Where:

Variable cost=(1200×$0.35)=$420

Fixed cost=$10,000

Let plug in the formula

Total cost = (1200×$0.35) +$10,000

Total cost=$420+$10,000

Total cost=$10,420

Inconclusion  If Chowning makes 1,200 sets of ear buds in February, what is the total cost is $10,420.

<h3 />

Learn more about total cost here:brainly.com/question/25109150

3 0
2 years ago
Alexander Harrington is a black man with a law degree from one of the top law schools in the country. Under an affirmative actio
Inessa05 [86]

Answer:

a. Alex has a basis for a complaint of discrimination because his assignments can affect his career development and he is being treated differently from others who are similarly situated and not of his race.

Explanation:

Alex has a basis for complaint of race discrimination because he expected the firm to give him more challenging work than other first year associates who have less experience. This shows that he is being treated differently from others, and by not given him a more challenging work by the firm will affect his career development. So Alex basis to file a complaint of race discrimination with the Equal Employment Opportunity Commission was right.  

8 0
4 years ago
Russell Company collected cash of $780 immediately after providing consulting services to a client. Which of the following gener
Andrej [43]

Answer:

Debit Utilities Expense 400

Credit Accounts Payable 400

Explanation:

7 0
3 years ago
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