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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.

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In which step of the learning and development process does the employer identify if there are gaps in what new employees need to
Setler [38]

<u>Full question:</u>

In which step of the learning and development process does the employer identify if there are gaps in what new employees need to know and if those gaps can be filled by learning and development?

Selection

Implementation

Assessment

Evaluation

<u>Answer:</u>

Assessment   step of the learning and development process the employer identifies if there are gaps in what new employees need to know and if those gaps can be filled by learning and development

<u>Explanation:</u>

Assessment for Training is the means of exploring and evaluating testimony for adoption by scholars and their teachers to determine where the scholars are in their learning, where they require to run and how fine to get there. An adequate training and development program perpetually includes follow-up.

Commence assessing an employee as soon as they finish the initial training and development program. The assessment encourages you to resolve if the employee knows his or her role and employer expectations, and provides you feedback on the method so you can compose changes

3 0
3 years ago
Partially correct answer iconYour answer is partially correct. This information relates to Windsor Co.
I am Lyosha [343]

1.  Dr Merchandise inventory    25100

                Cr  Accounts payable       25100

        (To record purchase of inventory on account)

2. Dr Merchandise inventory   530

               Cr  Cash                          530

       ( To record freight cost )

3. No entry

4.  Dr Accounts payable   3600

             Cr  Merchandise inventory    3600

       ( To record purchase return)

5.  Dr Accounts payable   ( 25100-3600)  21500

                         Cr  Cash                                        21500

      (To record paid the amount due).

4 0
3 years ago
Wagon Department Store had net credit sales of $16,000,000 and cost of goods sold of $15,000,000 for the year. The average inven
miv72 [106K]

Answer:

7.5 times

Explanation:

Inventory turnover = \frac{Cost \: of\: goods\: sold}{Average\: Inventory}

We have been provided that,

Cost of goods sold = $15,000,000

Average inventory for the year = $2,000,000

Therefore, Inventory Turnover ratio = \frac{15,000,000}{2,000,000}

= 7.5 times

It means on an average how many times the inventory is sold, and replaced during the period.

8 0
4 years ago
Does the business able to make the most out of the fixed asset?
Sunny_sXe [5.5K]

Answer:

yes!!!! it can... if u are able to do it.

Explanation:

I think soo

3 0
3 years ago
Which of the following describes the management function that includes determining which tasks will be done, who will do them, h
ololo11 [35]

Answer:

Planning management function

Explanation:

Planning is a management procedure which aims to identify objectives for the long term future of an organization and to determine the tasks and resources required in achieving these objectives. Managers should create a business plan or a marketing plan for achieving objectives.

4 0
3 years ago
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