Business, 22.04.2020 01:21 Dericktopsom
Goods X and Y are complementary goods. A decrease in price of good X has occurred. In the market for good Y, this will lead to a decrease in price and a decrease in quantity. an increase in price and an increase in quantity. an increase in price and a decrease in quantity. a decrease in price and an increase in quantity.
Answers: 1
Business, 22.06.2019 11:00
Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following month’s unit sales. the inventory at the end of march was 7,400 units.required: prepare a production budget by month and in total, for the second quarter.
Answers: 3
Business, 22.06.2019 22:50
Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.
Answers: 2
Business, 23.06.2019 02:30
Markets and competition in a perfectly competitive market, all producers sell identical goods or services. additionally, there are many buyers and sellers. because of these two characteristics, both buyers and sellers in perfectly competitive markets are pricetakers . true or false: the market for lettuce does exhibit the two primary characteristics that define perfectly competitive markets. true false
Answers: 2
Business, 23.06.2019 13:30
Which tasks do travel agents and hotel concierges have in common? they both recommend where to eat and handle personal services for tourists. they both process payments and book travel packages for tourists. they both make reservations and provide information for tourists. they both recommend unusual spots to visit and book tour guides for tourists
Answers: 2
Goods X and Y are complementary goods. A decrease in price of good X has occurred. In the market for...
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