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2 years ago

A decrease in the price of toothpaste in a tube can lead to a decrease in the purchase of toothpaste in a pump. This means:

Business

1 answer:

Fittoniya [83]2 years ago

5 0

Answer:

They are complementary goods

Explanation:

Complementary goods are goods that are typically purchased together. For example: a bicycle and a helmet, a book and a bookmark, a pillow and a pillowcase, etc. Whatever happens to one good will typically end up happening to the other. If one becomes more expensive, the other typically will as well, and so on.

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The __________ primarily provides for the financing of economic development projects throughout the world.

sergeinik [125]

The World Bank primarily provides for the financing of economic development projects throughout the world.

World Bank is an international financial organization that allows countries around the world to have a loan for capital programs of a certain countries especially programs aiming to end poverty.

7 0

3 years ago

A company sells two models of a product—basic and premium. The basic model has a variable cost of $75 and sells for $100. The pr

Vesna [10]

Answer:

Beak-even point = 450 units

Explanation:

The break-even point is the level of activity where a business makes no profit or loss. At this level of activity, the total contribution equals the total fixed costs.

To calculate the break even point in a multi product scenario, we use the formula below:

Break-even point = Fixed cost for the period / average contribution per unit

Average contribution per unit = Total contribution in a mix/ units in a mix

We will follow the steps below to work out the Break-even point:

Step 1

Calculate the average contribution per unit

contribution per unit for each product= selling price - variable cost

Basic model = 100- 75 = $25

Premium model = 150 - 100 = $50

Average contribution per unit = ( 5000 × $25) + (2500 × $50)

( 5000 + 2500) units

= $33.33 per unit

Step 2

Calculate the Break-even point

Break even point = $15,000/ $33.33

= 450 units

4 0

3 years ago

Read 2 more answers

A company wishes to report the highest earnings possible for financial reporting purposes.

Verdich [7]

Answer:

d. It will estimate higher residual values for its assets.

Explanation:

The depreciation is calculated on the value of the asset to be depreciated in the life of the asset that is cost - Salvage or residual value.

Thus, when the residual value is high then the amount to be depreciated will be low.

Then no matter whatever the method of depreciation be: the value of depreciation expense in dollars will be ultimately.

This will help in showing the highest earnings whatever the circumstance be.

Thus correct option is D.

5 0

3 years ago

Jerry lives in New Mexico and makes $52,000 a year. If the median annual income in New Mexico is $53,731 and the median annual i

MAVERICK [17]

Yes, Jerry is likely to qualify, since his yearly income is below the median annual income of New Mexico.

8 0

3 years ago

Read 2 more answers

In project integration management, directing and managing project execution involves carrying out the project management plan by

Paraphin [41]

Answer: True

Explanation:

Project plan execution is the second step in Project Integration Management, after Project plan development.

Directing and managing project work involves carrying out the all activities included in the Project plan development.

However, when carrying out the project plan, various sections or elements of the projects should be optimally coordinated according to the strategy and activities established in the master plan.

3 0

4 years ago