A10 percent increase in the price of root beer causes a 5 percent increase in the quantity demanded of orange soda. this means that: select one:
a. the cross-price elasticity of demand is equal to 2.
b. root beer and orange soda are complements.
c. root beer and orange soda are substitutes.
d. the cross-price elasticity of demand is equal to −2.
e. the cross-price elasticity of demand is 1.

Norton manufacturing expects to produce 2,900 units in january and 3,600 units in february. norton budgets $20 per unit for direct materials. indirect materials are insignificant and not considered for budgeting purposes. the balance in the raw materials inventory account (all direct materials) on january 1 is $38,650. norton desires the ending balance in raw materials inventory to be 10% of the next month's direct materials needed for production. desired ending balance for february is $51,100. what is the cost of budgeted purchases of direct materials needed for january? $58,000 $65,200 $26,550 $25,150

Standardization is associated with which of the following management orientations? a) ethnocentric orientation b) polycentric orientation c) regiocentric orientation d) geocentric orientation

What is used by accountant to analyze transactions ?