Full Question :
Which statement BEST describes how the input cost of the new packaging affects the output to the costumers? A) The costumers did not like the barrel, because it took up too much room. B) The costumers liked to barrel, because it was useful for holding other items. C) The costumers did not like the barrel, because it the market price of chips had to be increased. D) The costumers liked the barrel, because the chips were able to stay fresher longer and there were fewer broken chips. Eliminate
Answer:
C) The costumers did not like the barrel, because it the market price of chips had to be increased.
Explanation:
The input cost from the above has increased output cost. The input cost of packaging the goods affected the output cost such that it increased output costs. This is common where managers feel the need that goods require better or more attractive packaging that would appeal to consumers better. As a result costs of output or price of goods increase to cover the added costs of packaging as is seen in the above where customers don't like product because of increased price.
Answer:
The apple producer is suggesting that apples and bananas are substitutes.
Explanation:
In economic theory, a good is substitute for another good when the consumer can replace one with the other and derive the same or a very similar utility. In this case, if consumer demands more of one good, decreases its demand for the other good.
In contrast, when two goods are complements, the increase of demand of one good, increases the demand of the other one, since they are usually consumed together.
The apple producer is arguing that the cheap price of bananas induces consumers to prefer this fruit over other similar fruits decreasing the demand for apples, which acts as a substitute of bananas.
Answer:
I'm pretty sure it's D, the No Child Left Behind Act.
Explanation:
The No Child Left Behind Act was not associated with Clinton's presidency.
Hope it helps!
Answer:
C. Preached in Galilee about his beliefs
