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VB

Answered

​After firm A acquired firm B,it raised the prices for the goods produced by both firms.This can increase profits if those goods are

A) ​Substitutes
B) Complements
C) Not related
D) ​None of the above

On Sep 28, 2024


A
VB

Answered

The Chipo Company includes one coupon having no expiration date with its deluxe snack pack.Upon return of 10 coupons, Chipo will send a silver chip clip, which costs Chipo $1.50 each.Past experience indicates that 30% of coupons issued will be redeemed.Chipo began this promotion in 2010 and sold 1, 000, 000 deluxe snack packs.During 2010, 90, 000 coupons were received and 9, 000 chip clips were distributed to customers.The December 31, 2010 balance sheet should include a liability for coupons outstanding of

A) $ 18, 000
B) $180, 000
C) $ 31, 500
D) $ 50, 000

On Sep 22, 2024


C