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svetoff [14.1K]
2 years ago
11

Products whose demand rises when another product’s price increases are called

Business
1 answer:
Ludmilka [50]2 years ago
3 0

Products whose demand rises when another product's price increases are called: Substitute goods

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A monopolistically competitive firm is producing at an output level in the short run where average total cost is $4.75, price is
Harrizon [31]

Answer:

loss at the short run

Explanation:

marginal cost is higher than the marginal revenue

3 0
3 years ago
A decision in which a manager needs to determine whether a product line (or segment) should continue or be eliminated is what ki
Marianna [84]

Answer:

Keep-or-drop decision

Explanation:

Keep-or-drop decision is taken when a manager is in a dilemma whether to continue a product line or segment or shut it down. The manager needs to analyse income statement related to the product line to understand the major issue with product line. If costs are more than revenue, then the product line needs to be shut down. If the reasons for incurring losses can be addressed and that revenue from the product line is more, then it is not dropped.

Therefore, manager takes a keep-or-drop decision.

7 0
3 years ago
Molteni Motors Inc. recently reported $3 million of net income. Its EBIT was $6.75 million, and its tax rate was 40%. What was i
blsea [12.9K]

Answer:

Interest= $1750000

Explanation:

We know that:

EBIT

interest (-)

=earnings before taxes

tax (-)

=Net profit

EBIT= 6750000

Interest= ?

t= 0,40

Net profit= 3000000

interest= [netprofit/(1-t)]- EBIT

interest= (3000000/0,60)-6750000

interest= 1750000

Tax=(EBIT-interest)*0,35= 2000000

7 0
3 years ago
Asset turnover _____. A. is another term for inventory turnover B. is calculated from information found on a firm's income state
barxatty [35]

Answer: The correct answer is "C. reveals how profitable a company is".

Explanation: Asset turnover reveals how profitable a company is because it compares how well a company manages its assets to generate more income and accumulate more and more capital.

7 0
3 years ago
When citibank repays a loan it had previously taken from the fed, it the money supply?
Naya [18.7K]

The money supply decreases when Citi Bank repays a loan they had previously taken from the Fed. The money supply within Citi Bank decreases because they no longer have the money as they have paid it back to the Fed. The Fed's supply of money then increases.

7 0
3 years ago
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