1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aksik [14]
3 years ago
11

Which scenario below is an example of complementary products, based on their cross-price elasticity?A. Bananas and lettuce, with

an elasticity of 0. B. Shampoo and conditioner, with an elasticity of 3.5. C. Coffee and tea, with an elasticity of 2.25. D. Green salsa and red salsa, with an elasticity of 2.75.
Business
1 answer:
ipn [44]3 years ago
3 0

Answer: B. Shampoo and conditioner, with an elasticity of -3.5.

Explanation:

Complimentary products are those which see their quantity demanded move together because the goods usually compliment each other like tea and sugar.

Their Cross-price elasticity shows this by being a negative figure. This is because when the price of one commodity goes up, the quantity demanded of the other goes down because higher prices lead to lower quantity demanded.

The actual question showed that Conditioner and Shampoo had a cross-price elasticity of -3.5 so this is the correct answer.

You might be interested in
The fact that there is a criminal investigation pending against Johnson and Johnson suggests that regulators feel that the compa
wel

Answer:

The correct answer is (b)

Explanation:

Corporate social responsibility is an important factor that every business must accomplish to maintain goodwill among its customers. In many countries, there are certain rules and regulation to follow. Johnson and Johnson according to the regulations is not meeting its obligations at a legal level. As there are rules and regulation of CSR, so whoever will not follow them, they will be charged on a legal level.

8 0
3 years ago
What is true of the product combination that satisfies allocative efficiency? Select all that apply: a. It is the combination of
elena-14-01-66 [18.8K]

Answer:

The answer is a. It is the combination of products that society most desires.

Explanation:

Allocative efficiency means that the particular mix of goods being produced that is, the specific choice along the production possibilities frontier represents the allocation that society most desires.

6 0
3 years ago
In the fourth stage of rational decision making, managers will _____. evaluate the alternatives and select a solution implement
Ludmilka [50]

Answer:

The correct answer is: implement and evaluate the chosen solution.

Explanation:

Companies generally use different strategies to make decisions to obtain the best benefits. For example, companies often use the rational decision-making process to focus on analysis and logic, leaving subjectivity aside.

Through this method, different steps of the decision-making method are followed to achieve the objectives proposed objectively.

<em>For example, in the fourth step, the chosen solution must be implemented and evaluated, the managers are in charge of analyzing and executing the action plan</em>, in this way they evaluate each result obtained to know if the actions taken are the best and are reaching their goals.

<em>I hope this information can help you.</em>

6 0
3 years ago
Management is the attainment of organizational goals in an effective and efficient manner through ______, ______, ______, and __
Ainat [17]

Answer:

b. planning, organizing, leading, and controlling

Explanation:

The management is an achievement of organizational goals in an effective as well as an efficient way through <u>organizing, planning, controlling and leading</u> organizational sources. Basically organizational goals are strategically placed aims that plan expected outcomes furthermore supervise subordinates' efforts. There are three kinds of organizational goals they are as follows:

* Tactical

* Strategic

* Operational goals

Organizing, planning, controlling and leading are the qualities that are very effective.

3 0
3 years ago
Microeconomics question, please help...70 pts!
Blababa [14]

price : 5 quantity 3

price 10 quantity 6

and so on

6 0
3 years ago
Other questions:
  • Understanding a target customer base allows a company to
    11·1 answer
  • The AW Direct trucking company recently had to terminate one third of its employees and restructure various divisions. Some empl
    13·1 answer
  • If i'm a freshman in 2017 when will i graduate
    15·1 answer
  • Radicals use the term political economy instead of _____ to describe their critique of capitalism and the inequitable distributi
    10·1 answer
  • Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs t
    8·1 answer
  • A customer service manager at a retail clothing store has collected numerous customer complaints from the forms they fill out on
    15·1 answer
  • Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $60,500, and Martin's capital balance $57,500.
    5·1 answer
  • Describe business transaction that will do the following.
    11·1 answer
  • A product in the __________ stage of the product life cycle has a high number of competitors and competitive products.
    12·1 answer
  • Decision Point: Deciding on Your Organizational Structure
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!