amandanunnery33
25.07.2020 •
Business
Consider the market for caramel and butterscotch ice cream toppings. For each price change, identify the likely effect on the demand curve for caramel topping.
a. The price of caramel topping decreases
b. The price of ice cream increases
c. The price of butterscotch topping increases
Solved
Show answers
More tips
- C Computers and Internet Dynamically Assigned IP Address: What Is It and How Does It Work?...
- H Health and Medicine Angina: Causes, Symptoms, and Treatment...
- C Computers and Internet How to Learn to Type Fast?...
- F Food and Cooking Delight for Gourmets: How to Prepare Liver Pate...
- S Style and Beauty How to braid friendship bracelets?...
- H Health and Medicine Mercury Thermometer Danger: What to do when a thermometer breaks?...
- F Food and Cooking Which Calamari Salad is the Most Delicious?...
- S Society and Politics 10 Tips for Boosting Your Self-Esteem...
- F Food and Cooking The Most Delicious and Simple Fish in Batter Recipe...
- H Health and Medicine What is Autism? Understanding the Basics of This Neurodevelopmental Disorder...
Answers on questions: Business
- B Business Cost of occupancy, general management and salesforce management are considered . a) full costs b) indirect costs c) contribution accounting d) All of the above e) None of the...
- B Business Vaughn Manufacturing purchased office supplies costing $7140 and debited Supplies for the full amount. At the end of the accounting period, a physical count of office supplies...
- M Mathematics What will be the final velocity just before hitting the ground if an object is dropped from a height of 75 m?...
- B Biology In man, two abnormal conditions, cataracts (C) in the eyes and excessive fragility (F) in the bones, seem to depend on separate dominant genes located on different chromosomes....
- E English Describe local people in keralaPls ansss quickly btw pls ans in a paragraph...
- M Mathematics Least common denumertor of 11/3 9/10...
- E English Please help!! I ready, Rory sold T-shirts at a festival for $15 each. He paid $100 in materials and fees. Rory’s profit after the festival was $350. He wanted to know how many...
- S Social Studies ) 10]3.2. En una ciudad hay 12 barriosdistribuidos asi:LAEjerS5 quedan al norte2 quedan al oriente3 quedan al occidente2 quedan al sur.Escribe la fracción que corresponde deacuerdo...
- H History Help me please due tomorrow ...
- S Social Studies Texto árvore dos problemas A) É importante compreender a nossa vida para depois entender os outros. A partir da interpretação do texto, explique o maior problema que se apresentar....
Ответ:
a, a downward movement along the demand curve
b. a leftward shift in the demand curve
c. a rightward shift in the demand curve
Explanation:
If the price of caramel topping decreases, there would be an increase in the quantity demanded of the topping. so there would be a downward movement along the demand curve for caramel topping
Icecream and caramel toppings can be regarded as complement goods
Complementary goods are goods that are consumed together
If the price of icecream increase, the quantity demanded of icecream would decrease. because of the decrease in the quantity demanded of caramel toppings, there would be a decrease in the demand for caramel toppings. the demand curve for caramel toppings would shift inwards reflecting the decrease in demand.
caramel and butterscotch ice cream toppings are substitutes goods
Substitute goods are goods that can be used in place of each other.
If the price of butterscotch topping increases, butterscotch topping becomes more expensive and there would be a decrease in the quantity demand for butterscotch topping. consumers would shift to caramel topping. as a result there would be an increase in demand for caramel topping and the demand curve would shift outward.
Ответ:
Explanation:
The journal entry for closing the laundry service revenue is shown below:
Laundry service revenue A/c Dr $4,940
To Income summary $4,940
(Being service revenue account closed)
We credit the income summary account because the service revenue is added while preparing the income statement. If there is a net income, so the revenue is excess than its expenses and if there is a net loss, so the expenses are excess than its income.