Answer:
b. product A and B are subtitutes
a. the quantity of fast food consumed decreases as income increases
Explanation:
Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.
Cross price elasticity = percentage change in quantity demanded of good A / percentage change in price of good B.
The cross price elasticity of substitute goods are always positive because if the price of good B increases, the Quanitity demanded of good A rises.
Substitute goods are goods that can be used in place of another good.
Complement goods are goods that are used together. E.g. car and gas
Inferior goods are goods whose demand increases when income falls and whose demand falls when income rises.
I hope my answer helps you
Answer:
I don't completely understand the question l.mao
Answer:
C. Reverse Logistics
Explanation:
First, a list of the options:
a. inbound logistics.
b. materials handling.
c. reverse logistics.
d. third-party logistics.
Reverse Logistics refers to any logistics undertaken by an organisation or industry that reverses or changes the normal direction of product delivery. Usually product delivery moves from the manufacturer to the distributor and then to final consumer. However, reverse logistics involves the backward movement of goods from destination back to manufacturer for different reasons.
Some of the reasons that call for reverse logistics is as given in the question, the need to develop and implement a recall program.
A Recall program is executed or embarked upon by a manufacturer either when there are widespread complaints about the product such as was the case with the exploding Samsung Note 7 from Samsung or the manufacturer discovered a defect in an already distributed product.
More precisely, reverse logic represents the process involved with moving goods from their original final destination back to the manufacturer for defects purposes, capturing values or in case of lack of solution, then reverse logistics will be needed for proper disposal.
3000-1=2999 so I farted it tickled my putty cheeks jiggled
Answer:she has $199 left over for her prom dress
Explanation:she only spent an extra dollar on the doll
