Suppose income increases by 10 percent and, as a result, the quantity of a particular brand of automobile demanded (holding the price for this particular automobile constant) decreases by 16 percent. The income elasticity of demand for this brand of car is places and include a minus sign if appropriate.) (Enter your response rounded to two decimal This particular brand of automobile is a(n) good. In another example, suppose market research shows that a particular brand of truck is a normal good and a necessity. If so, then the income elasticity of demand for this truck is:________
A. positive.
B. zero.
C. negative.
D. less than 1 but greater than 0.
E. greater than 1.

Answers

Answer 1
C is the answer becaause if you do that then you get it

Related Questions

You are working with your integrated project team to sequence activities on the aircraft modification project you are leading. You are looking for the factors, constraints, and potential dependencies among project activities that can influence the way activities are sequenced, as well as help you understand the relationship between activities and the need for leads and lags. Where could you find this information?
A. Project schedule.
B. Assumption log.
C. Basis of estimates.
D. Work breakdown structure.

Answers

i think that it is A

Lucas is the director of a local preschool. He oversees making sure that the staff is qualified to teach, that the curriculum covers everything a
preschooler needs, and that the facility runs smoothly day to day. The pathway in the Education and Training Cluster that Lucas's career falls into
is
O A Teaching and Training
B.
Administration and Administrative
O C.
Professional Support Services
OD.
Science & Mathematics

Answers

The pathway in the Education and Training Cluster that Lucas's career falls into is Administration and Administrative.

Who is an administrator?

This is the term that is used to refer to the person that is in a business that has the specific function that would have to oversee some of the important functions that take place in an organization. The administrator is a person that has to take care of the business functions and also ensure that the business is running very smoothly even in the school system.

With this, the job of the administrator in the schools is to ensure that the school is being run smoothly. That is all that is needed for teaching to be effective and all that are able to teach the students in the best ways are employed.

Hence we would say that Lucas falls in the Administration and Administrative cluster of the school system.

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B. Administration and Administrative.  

k12 career 2.10 quiz

Fulton Company's price-earnings ratio is 8.0 and the market

price of a share of common stock is $32. The company has 3,000

shares of preferred stock outstanding with each share receiving

a dividend of $3 per share. The earnings per share of common

stock is:

a. $10.

b. $7.

c. $4.

d. $3.​

Answers

Answer:

c. $4

Explanation:

price-earnings ratio = stock price / earnings per share

8 = $32 / earnings per share

earnings per share = $32 / 8 = $4

the company's total earnings = earnings per share x total outstanding shares

earnings per share = (total earnings - preferred dividends) / outstanding common stocks

Renaissance Gallery converts photographs to portraits via a tedious hand painting process. Costs are tracked for each painting, with gallery overhead being applied at 130% of direct labor cost.
Renaissance Gallery began June with one job in process. This job related to the Price Wedding photo, and beginning work in process included total costs of $15,500 (direct labor, direct material, and applied overhead).
During June, four new jobs were begun. These consisted of the Ramirez family portrait, the Oberweiss farm photo, the Ravenwood big fish picture, and the Zhang baby picture. The only job remaining in process at the end of June was the Ravenwood big fish picture.
To date, $14,000 in direct labor and $4,400 of direct materials had been committed to the Ravenwood job.
Total direct labor incurred on all jobs during June was $70,100 Total direct material incurred on all jobs during June was $12,700.
(a) Compute the ending work in process inventory balance and the total cost assigned to finished jobs.
A. Ending work in process 36,820
Total costs assigned to finished goods 152,960
B. Ending work in process 36,580
Total costs assigned to finished goods 152,760
C. Ending work in process 46,600
Total costs assigned to finished goods 172,830
D. Ending work in process 36,600
Total costs assigned to finished goods 152,830
E. Ending work in process 36,420
Total costs assigned to finished goods 152,940
F. None of the above

Answers

Answer:

Renaissance Gallery

The ending work in process inventory balance and the total cost assigned to finished jobs:

F. None of the above

Explanation:

a) Data and Calculations:

Overhead application rate = 130%

Beginning work in process

(Price Wedding Photo) =         $15,500

Direct labor costs incurred on

all jobs during June                  70,100

Direct materials costs in June  12,700

Total cost incurred to date = $98,300

Ending work in process:

Direct labor      $14,000

Direct materials   4,400         $18,400

Cost assigned to finished     $79,900

  jobs                    

_____ can be used for up to 90 percent of its assessed value.


Real estate

Accounts receivable

Insurance policies

Equipment


(ONLY ANSWER IF YOU ACTUALLY KNOW)

Answers

it’s called real estate

1) using information in this case study , estimate Mylans yearly profit.Do not include opportunity cost and assume families do not use discounts or coupons
2) 2. (1 point) Again, use information in this case study. Assume that the cost to develop the Epi-Pen was the average cost to bring a new drug to market, and that every Epi-Pen is sold at full price. At a price of $600 per two-pack, how many two-packs would be necessary to recoup the costs? What about a price of $100 per two-pack?
3) (1 point) What might cause Mylan to reduce the price of the Epi-Pen?bu​

Answers

its 200

Explanation:

600-100=500-2=498 600+100=700-2=798 798-498= 200

Scott really enjoys working with money, including making it grow. He is also a natural leader and would enjoy working with and leading others. Which two career clusters would best fit Scott?

Answers

Answer:

The Finance Cluster and the Managment Cluster

Explanation:

The Finance Cluster would fit Scott because he enjoys working with money, and Finance is all about money. The main subject of study of Finance is simply the the value of money across time.

The Management Cluster would also fit Scott because he enjoys working with people and being a leader. Management is all about leading groups of people, centralizing information, and taking decisions, and for all these reasons, management is likely to be a good fit for him.

Answer:

A

Explanation:

Just took the test

The Yucatan Co. in Mexico has a division that manufactures bicycles. Its budgeted sales for Model XG in 2021 are 95,000 units. Yucatan​'s target ending inventory is 7,000 ​units, and its beginning inventory is 11,000 units. The​ company's budgeted selling price to its distributors and dealers is 3,500 pesos per bicycle. Yucatan buys all its wheels from an outside supplier. No defective wheels are accepted. A separate division of the company orders the extra wheels Yucatan needs for replacement parts. The​ company's target ending inventory is 14,000 ​wheels, and its beginning inventory is 16,000 wheels. The budgeted purchase price is 400 pesos per wheel.
Required:
1. Compute the budgeted revenues in pesos.
2. Compute the number of bicycles that Yucatan should produce.
3. Compute the budgeted purchases of wheels in units and in pesos.
4. What actions can Yucatan's managers take to reduce budgeted purchasing costs of wheels assuming the same budgeted sales for Model XG?

Answers

Explanation:

1. Revenue in pesos

M*G

= 95000 x 3500

= 332,500,000 pesos

2. Number of bicycle to produce

Budgeted sales for period = s = 95000

Budgeted production = BP

Ending inventory = ev

Begining inventory = bv

BP = s + ex - bv

= 95000+7000-11000

= 91000

Yucatan should produce 91000 bicycles

3. 2 wheels are used

MR = 2x91000 = 182000

Ending inventory ev = 14000

Begining inventory bv = 16000

P = MR-bv+ev

P = 182000-16000+14000

P = 180000 units of wheels to be purchased

Price = 180000x400pesos

= 72000000 pesos

4. To reduce budgeted purchase cost, the manager should only purchase the right quantity of what is needed for the production process to reduce purchased inventory and to also reduce ending inventory


There are never shortages or surpluses when the price in a market is equal to the equilibrium price for the market.

True or False





Answers

Answer:

true

Explanation:

because that means no dead weight loss in the market

Assume that you have entered into a swap agreement for a notional of 100M USD under which every 6 months you agree to pay LIBOR and receive 4% fixed. On the date you signed the contract LIBOR is 3%. Six months later LIBOR is 3.5%. Your actual payment net of what you receive at the first payment date equals to (- sign means you receive):____.
A) 0 USD.
B) -0.5 USD.
C) 0.5 USD.
D) -0.25 USD.

Answers

Answer:

C) 0.5 USD

Explanation:

Swap is an arrangement in which two parties exchange their interest rates for mutual benefit. One party may receive fixed rate and other will receive floating rate based on LIBOR. In the given scenario the swap agreement was originated when the LIBIOR was 3%. The fixed rate was set to be at 4% so the net gain at the time of inception was 1%. When LIBOR increased after six month the net gain declined to only 0.5%.

What is the role of executive director​

Answers

Answer:

An executive director is the senior operating officer or manager of an organization or corporation, usually at a nonprofit. Similar in many ways to the CEO role in a for-profit corporation, executive directors are responsible for steering the organization and managing its operations.

explain demand and supply of money​

Answers

The money demand curve is downward sloping, i.e., the demand for holding money increases with decrease in interest rates. The short-term interest rate (i) is determined by the equilibrium of the supply and demand for money. If the interest rates are above the equilibrium, there is excess supply of money.

1.A.ii. Which of the following is a problem presented by ethics audits?
a) They may be used to reallocate resources.
b) They identify practises that need improvement.
c) Selecting auditors may be difficult.
d) They may pinpoint problems with stake holder relationships.​

Answers

Answer:

The problem presented by ethics audits is:

c) Selecting auditors may be difficult.

Explanation:

An ethics audit is a comparison of the employees' actual ethical behaviors with the ethical guidance provided by the organization in its policies and procedures.  The audit tries to review the organization's ethics codes, past ethical incidents, and the responses made by the individual employees and the organization.  Through the audit, the auditor establishes a clear understanding of employees' perspectives on the organization's ethical practices.

Theo Chocolate demonstrates _____ by following the same values that it states it believes in.
a. sustainability
b. integrity
c. synergy
d. entropy

Answers

Answer:

b. integrity

Explanation:

Which are examples of marketing,sales,and service workplaces? Check all that apply

A:ladoratories
B:schools
C:vehicles
D:warehouses
E:farms
F:stores
G:offices

Answers

Answer:

they are correct

Explanation:

Warehouses, stores, and offices are examples of places of employment for marketing, sales, and service. Thus, options D, F, and G are correct.

Why do individuals work in sales, marketing, and service?

Most employees in these areas work there to boost product and service sales.

The vast majority of businesses depend on sales and marketing to generate revenues.

Their salespeople generate a large portion of their revenue. As a result, sales and marketing experts are highly sought after in all sectors of the economy.

It explains why marketing positions are available in every sphere of the economy.

As a result, the traditional places of employment for those in the marketing, sales, and service sectors are establishments like stores, factories, and warehouses.

In both your personal and professional life, a job in sales may provide you with stimulating and rewarding options.

The chance to become a top sales earner is available to those with the following qualities: creativity, knowledge, strategy, independence, confidence, and motivation.

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When gathering information which of the following task might you need to perform

Answers

Answer:

take notes, research that information

what are the consequences of unemployment​

Answers

Answer:

The personal and social costs of unemployment include severe financial hardship and poverty, debt, homelessness and housing stress, family tensions and breakdown, boredom, alienation, shame and stigma, increased social isolation, crime, erosion of confidence and self-esteem, the atrophying of work skills and ill-health ...

Explanation:

unemployment has cost to a society that are more than just Financial unemployed individuals not only lose income but also faced challenges to their physical and mental health

the debt owed to a bank​

Answers

Answer:

Bank debt is a long-term liability a business takes on by borrowing money from its bank. Companies use bank debt to pay for long-term assets such as land, buildings and equipment or to add more cash to their working capital to cover ongoing, short-term expenses

Is gross profit or net profit more important to consider when you're deciding how successful and profitable a company is? Why? Explain.

Answers

Answer:

Net profit is more important to consider when you are deciding how successful and profitable a company is. Net profit takes into account all expenses and what your net profit is.

Explanation:

Suppose that the equilibrium real federal funds rate is 4% and the target rate of inflation is 1%. Use the following information and the Taylor rule to calculate the federal funds rate​ target:
Current inflation rate​ = 4%
Potential real GDP​ = ​$14.72 trillion
Real GDP​ = ​$14.81 trillion
The federal funds target rate is____​%.​

Answers

Answer: 9.81%

Explanation:

The formula to find the Federal funds target rate is:

= Current inflation + Equilibrium federal funds rate + (0.5 * (Current inflation -  Target inflation rate)) + (0.5 * Output gap)

Output gap:

= (Real GDP - Potential GDP) / Potential GDP

= (14.81 - 14.72) / 14.72

= 0.611%

Federal funds target rate is:

= 4% + 4% + (0.5 * (4% - 1%)) + (0.5 * 0.611%)

= 9.8055%

= 9.81%

What is product positioning?

Answers

Answer:

Positioning refers to the place that a brand occupies in the minds of the customers and how it is distinguished from the products of the competitors and different from the concept of brand awareness

Explanation:

Make me brainliest

Which of the following statements, if any, are correct?
1. The Automatically Assessed Formula for determining the Expected Family Contribution (EFC) requires that the student or parent's AGI is less than $50,000.
2. The Simplified Method for determining Expected Family Contribution (EFC) does not consider the family's assets in its formula
a. 1 only.
b. 2 only.
c. Both 1 and 2.
d. Neither 1 nor 2.

Answers

Answer:

The answer is "Option b".

Explanation:

In this question, Option b is correct because the self-assessment pattern suggests which all the information provided by the private entity is accurate but, without the requirement for further information from the taxpayer, the taxation responsibility of the individual shall be calculated in light of the information provided in the tax documents. for this formulation automatically evaluated AGI limited to or below 20000.

Kingbird Company prepared the tabulation below at December 31, 2022. Net Income $300,000 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense $25,000 Increase in accounts receivable $75,000 Decrease in inventory $15,000 Amortization of patent $4,000 Increase in accounts payable $7,500 Decrease in interest receivable $4,000 Increase in prepaid insurance $7,000 Decrease in income taxes payable $2,000 Gain on disposal of plant assets $10,000 Net cash provided (used) by operating activities
Show how each item should be reported in the statement of cash flows. (Show amounts that decrease cash flow with either a-signes -15,000 or in parenthesis es (15,000 LACEY COMPANY Partial Statement of Cash Flows LACEY COMPANY Partial Statement of Cash Flows Adjustments to reconcile net income to tments to reconcile net income to Gain on Disposal of Land Increase in Inventory Increase in Accounts Payable Decrease in Income Taxes Payable Net Cash Provided by Operating Activities Net Income / (Loss) Increase in Income Taxes Payable Depreciation Expense Increase in Prepaid Expenses Increase in Accounts Receivable Decrease in Accounts Payable Decrease in Prepaid Expenses Decrease in Inventory tbt Net Cash Used by Operating Activities Decrease in Accounts Receivable

Answers

Answer and Explanation:

The preparation of the partial cash flow statement is shown below:

Cash flow from operating activities

Net income $300,000

Add: Depreciation expense $25,000

Less: Increase in accounts receivable -$75,000

Add: Decrease in inventory $15,000

Add: Amortization of patent $4,000

Add: Increase in accounts payable $7,500

Add: Decrease in interest receivable $4,000

Less: Increase in prepaid insurance -$7,000

Less: Decrease in income taxes payable -$2,000

LesS: Gain on disposal of plant assets -$10,000

Net cash provided (used) by operating activities $261,500

Hanover and Trust, a large law firm, utilizes an internal centralized printing center to serve its three departments: Individuals, Corporate, Trust. The costs of the printing department include fixed costs of $69,190 and variable costs of $0.04 per page. Total estimated print pages are estimated to be 330,000 pages. Individuals are estimated to use 130,000; Corporate will use 165,000 and 35,000 from the trust area. Assuming a single charging rate is used, what would be the charge per page?

Answers

Answer: $0.25 per page

Explanation:

Fixed costs = $69,190

Variable costs = $0.04 per page.

We calculate the fixed cost charging rate per page which will be:

= $69190 / 330000

= $0.21 per pages

Then, the total single charging rate will be the addition of the fixed cost per page and the variable cost per page:

= $0.21 + $0.04

= 0.25 per page

The charge per page is $0.25

We have the following data with which to answer this question

Fixed costs = $69190

Variable costs = $0.04

Total number to be printed = 330000

To get the fixed cost charging rate:

Fixed cost ÷ total number

= 69190/330000

= 0.21 per page is the charge.

Therefore the total charge per page would be:

0.21+0.04

= $0.25 per page

The charge per page is $0.25

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differentiate between Central Banks and other banks​

Answers

Commercial banks serve individuals and businesses, while central banks serve the country's banking system. They provide money transfers back and forth between banks and governmental institutions both domestically and in cases of transactions with foreign entities.


The Government using taxing and spending to stabalize the economy is called

Answers

Answer:

fiscal policy

Explanation:

Fiscal policy is the use of government spending and taxation to influence the economy. Governments typically use fiscal policy to promote strong and sustainable growth and reduce poverty.

A business must decide whether to open a new office in China. If it opens the
branch, it will increase its chances of selling a high volume of its products in
China. On the other hand, the business will have to spend a lot of money to
make the branch operational.
What would be an opportunity cost for the business if it chooses not to open
the new branch in China?
A. The business would have to open a new branch in a different
country
B. The business would increase its marginal benefits on each
product it makes
C. The business would be able to use the money it saves on other
projects.
D. The business would lose the chance to make more money in
China.

Answers

D a is the correct answer I’m pretty sure

A local college is deciding whether to conduct a campus beautification initiative that would involve various projects, such as planting trees and remodeling buildings, to make the campus more aesthetically pleasing. For the students of the college, the visual appearance of the campus is___and___. Thus, the visual appearance would be classified as a public good.
Suppose the college administrators estimate that the beautification initiative will cost $7,200. To decide whether the initiative should be undertaken, administrators conduct a survey of the college's 300 students, asking each of them their willingness to pay for the beautification project. The average willingness to pay, as revealed by the survey, is $18.
The benefit of the beautification initiative, as suggested by the survey, is $___. Because the estimated benefit is___than the cost, the college administrators____undertake the beautification initiative.
The calculation of the benefit of the beautification initiative relied on the ability of the administrators to capture the true willingness to pay of each student accurately. Which of the following scenarios would cause the survey used by the college administrators to yield misleading data on willingness to pay?
A. Students believe that if the initiative does not happen, the funds for the initiative will not be spent elsewhere.
B. An equal number of male and female students were surveyed.

Answers

Answer:

"non-rival" and "non-excludable". $18.lessshould notA. Students believe that if the initiative does not happen, the funds for the initiative will not be spent elsewhere.

Explanation:

Since the project is simply about planting trees and remodeling buildings so as to make the campus more aesthetically pleasing hence for the students of the college, the visual appearance of the campus can be categorized as non-rival and non-excludable. Meaning, anybody can freely benefit from the project.

The benefit of the beautification initiative is $18 since the average willingness to pay is by the students is $18.

We can thus conclude that the estimated benefit is less than the cost since we are told that $7,200 is the entire cost of the initiative, which when compared to be amount to be contributed has a shortfall (300*$18=$5,400∠$7200). Thus, the college administrators should not undertake the beautification initiative.

what is a bond? in your own words. economics.​

Answers

Answer:

A bond is a fixed income instrument that represents a loan made by an investor to a borrower bond could be thought of as an I.O.U. between the lender and borrower that includes the details of the loan and its payments.

Explanation:

An event that took place during the "year of the environment" in 1970 is _____.


The EPA came into being.

The first national Earth Day was celebrated.

The Clean Air Act was passed.

All of the above.

Answers

The answer to your question is all of the above .

Answer:

All of the above

Explanation:

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