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Nataly [62]
3 years ago
8

True or False (PLEASE ANSWER QUICK)

Business
1 answer:
earnstyle [38]3 years ago
5 0
It’s TRUE I took the test
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What happens to the demand for
Ket [755]

Answer:

Demand decreases

Explanation:

Substitute goods are products that can be used in place of each other. Goods are described as substitutes if a customer can use them interchangeably and get equal or almost the same satisfaction. Tea and coffee will be substitutes if a customer can consume either of them and be happy.

If the price of a substitute good declines, customers will prefer consuming it instead of the other product. The other product's demand will decrease due to a change in customer preferences as a result of a lower price.

7 0
3 years ago
"A customer has an existing short margin account and wants to write five covered puts against 500 shares of stock that are short
Aleksandr-060686 [28]

Answer: 0

Explanation:

From the question, we are informed that a customer has an existing short margin account and wants to write five covered puts against 500 shares of stock that are short in the account.

Based on the above scenario, the margin requirement to write the puts will be zero. This is due to the fact that there is no risk that is attached to the short calls.

8 0
3 years ago
The Office of Economic Opportunity created controversy as it a. was one of the most effective programs of the Great Society b. s
adell [148]

Answer:

Option B                  

Explanation:

The Economic Development Department was the department responsible for overseeing much of the War on Welfare services that were developed as something of the binding referendum of Americas Leader Lyndon B. Johnson's Welfare state.

The OEO initiatives infused optimistic and ambitious Indian nation and provided many advantages, but the generic talents of governance and territorial power seemed similarly lasting. While several challenges were faced across the route, greater over a million Indian people never really had the opportunity to take on big obligations beforehand.  

7 0
3 years ago
You took out a mortgage for $300,000. You need to pay $2,730 every month for 15 years. what is the monthly interest rate
solong [7]

Answer:

491.4

Explanation:

15×12=180

2.730×180=491.4

3 0
4 years ago
Crystal Soda produces​ lemon-lime soda. It incurred the following costs during the period​ (in thousands): Lemon Syrup ​$16,000
KonstantinChe [14]

Answer:

The total amount of product costs for Crystal Soda for the​ period is $29,960 (in thousands).

Explanation:

Product costs refer to the costs incurred by a business in order to create the product of the company or providing a service to the customers.

Product costs include direct materials costs, direct labor costs and manufacturing overhead costs

For Crystal Soda,

Product costs = Lemon Syrup + ​Freight-in for raw materials + Plant utilities + Assembly line wages + Plant​ janitor's wages + Bottles + Lime flavoring = $16,000 + ​$1,300 + $1,250 + $7,900 + $1,000 + $1,490 + ​$1,020 = $29,960

8 0
3 years ago
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