Suppose Bitcoin finds wide acceptance as a currency. Which of the following operations would still NOT be possible using Bitcoin?
A. A management consultant maintains a savings account in Bitcoin.
B. A U.S. manufacturer pays its Chinese steel supplier in Bitcoin.
C. A mercantile exchange lists commodity prices in Bitcoin.
D. A college student uses Bitcoin to buy her books on Amazon.
E. A central bank expands the supply of Bitcoin in response to an economic downturn.

Answers

Answer 1

The procedure that is still not doable with Bitcoin is A management consultant has a Bitcoin savings account. Option A is correct.

What is the reason behind Bitcoin's lack of widespread acceptance?

The value of bitcoin is not steady, therefore it is difficult to use money with an unstable value. As a result, other nations are also waiting a few years before accepting bitcoin as a legitimate financial system. Many individuals are still skeptical of the notion of bitcoin.

A US business pays its Chinese steel supplier with Bitcoin, a commodities market advertises commodity prices in Bitcoin, and so on. A college student purchases books on Amazon using Bitcoin. In reaction to an economic slump, a central bank increases the quantity of Bitcoin.

Therefore, option A is correct.

Learn more about the Bitcoin, refer to:

https://brainly.com/question/24226298

#SPJ1


Related Questions

ePage(s) 351-352 11.1. What is price discrimination? Match each type of market to its welfare effect. maximizes benefits to consumers perfectly competitive maximizes benefits to producers perfect price discrimination creates inefficiency monopolist that charges a single price

Answers

Price discrimination is defined as the strategy of charging different prices to different consumers for the same product based on their willingness to pay.

What is price discrimination?

The practice of charging varying rates to customers for the same goods depending on their willingness to pay is known as price discrimination. Price discrimination is a marketing strategy whereby vendors charge customers different prices for the same commodity or service depending on what they think will win the customer over. The greatest price imaginable will be charged to each consumer by a business that engages in pure price discrimination.

Pricing discrimination is a practice where businesses charge different prices to customers based on how much money they are willing to spend. For instance, various pricing is commonly offered at theaters for adults, seniors, and kids. They also have promotions for particular days of the week.

        Type of market             -                       Welfare effect.

maximizes benefits to consumers - perfect price discrimination

maximizes benefits to producers - perfectly competitive

monopolist that charges a single - price creates inefficiency

To learn more about perfect price discrimination, visit:

https://brainly.com/question/14412690

#SPJ1

companies must have a carefully constructed inventory policy in order to

Answers

Companies must have a carefully constructed inventory policy in order to manage available funds and maximize profitability.

What is an inventory policy?

An inventory policy is an integral part of inventory management which helps manage stock flow in a better manner.

A very effective inventory policy is a good theoretical objective but at a practical level, it becomes difficult to achieve because the senior management’s views differs concerning the role of inventory and the knowledge and skills of supply chain and logistics professionals to structure a decision making process for an inventory policy.

Read more about inventory policy

brainly.com/question/26533444

#SPJ1

FITB campaigns will sometimes hire actors who pretend to be concerned citizens at corporate or government meetings where they present false testimonials.

Answers

This claim is untrue. Sometimes, astroturfing campaigns will use actors to offer fabricated testimonies at business or governmental meetings while they pose as concerned individuals.

What is an astroturf campaign?

Astroturfing is the use of phony grassroots efforts to alter public opinion. These campaigns are frequently funded by businesses and governments.In essence, "false grassroots" movements are what astroturfing is. It is a planned effort intended to elicit widespread support for a cause, concept, movement, product, etc. Its name comes from the kind of artificial turf known as Astroturf, which is frequently used in sporting events in place of actual grass.

What separates lobbying on AstroTurf from grassroots lobbying?

True grassroots activity often tends to be resource-rich but cash-poor, in contrast to astroturf operations, which are frequently people-poor but cash-rich. The lobbyists in charge of this activism often work for non-governmental groups and political PR agencies.

Learn more about astroturfing campaigns: https://brainly.com/question/23535638

#SPJ4

FILL IN THE BLANK. bond market values are expressed as a percentage of their par (face) value. for example, a company's bonds might be trading at 103, which means that they can be bought or sold for___of their par value.

Answers

Bond market values are expressed as a percentage of their par (face) value. for example, a company's bonds might be trading at 103, which means that they can be bought or sold for 103% of their par value.

In a bond, the issuer owes the bond holder money and is required under the bond's terms to return the bond's capital and income within a specified period of time until the bond matures.

The borrower can receive external liquidity through the sale of the bond in order to finance long-term investments or, in the case of government bonds, to cover urgent costs. Bondholders have the interest of creditors, whereas shareholders have an equity stake in a firm, even though both stocks and bonds are regarded as securities.

The above question is incomplete, the complete question is-

Bond market values are expressed as a percentage of their par (face) value. For example, a company's bonds might be trading at 103, which means that they can be bought or sold for ____ of their par value.

Multiple choice question.

103%

100.3%

10.3%

0.103%

To know more about bonds here-

https://brainly.com/question/17405470

#SPJ4

discuss the benefits that a strong executive provides to a republican government

Answers

The President appoints the heads of all Federal agencies, including the Cabinet, with the duty of carrying out and upholding the laws passed by Congress. A member of the Executive Branch who is prepared to take over as President if necessary is the Vice President.

What advantages can a strong presidency bring to the Federal Republic?

For there to be a good government, there must be a powerful executive. It defends against foreign invasions, is necessary for the enforcement of the law, aids in the preservation of private property, and ensures freedom.

To know more about Federal visit:

https://brainly.com/question/8305583

#SPJ4

An increase in the wage rate will A. shift the labor supply curve to the right. B. shift the labor supply curve to the left. C. cause an upward movement along the labor supply curve. D. cause a downward movement along the labor supply curve. E. have no effect on the quantity of labor supplied.

Answers

There will be a reduction in the amount of labor requested and an upward shift in the demand curve.

What will increase labor wages effect ?

Inflation is brought on by wage increases since doing business becomes more expensive as wages rise.

Companies must raise their prices for their products and services to offset the cost increase and keep their profitability at the same level.

The quantity of work required will alter in response to changes in pay or salary. Employers will want to hire fewer workers if the pay rate rises.

Learn more about Labor wages here

https://brainly.com/question/14090792

# SPJ 1

Oriole Company borrows $86,400 on July 1 from the bank by signing a $86,400, 8%, 1-year note payable. (a) Prepare the journal entry to record the proceeds of the note. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Answers

Oriole Company borrows $86,400 on July 1 from the bank by signing a $86,400, 8%, 1-year note payable. The Journal entry will be debit : cash for 86,400 and credit : notes payable for 86,400.

The transactions pertaining to adjustment entries, opening stock, depreciation, accounting mistakes, etc. are documented in a general journal, which is a daybook or subsidiary journal. General journal entries may have invoices, copies of management reports, and journal vouchers as their source materials.

Prime entry books, also known as books of original entry, are journals because transactions were first recorded in a journal before being physically posted to accounts in the main ledger or a subsidiary ledger. It is the process of recording double entry bookkeeping transactions by debiting one or more accounts and crediting one or more other accounts with the same sum of money.

To know more about Journal here-

https://brainly.com/question/27159868

#SPJ4

A high-fashion brand is launching a new line of clothing targeting style-conscious preteens. Their mission is to become the most-recognized, bestselling brand for this demographic. Which of the following strategic objectives is most appropriate and realistic for their new venture? Select one.
Question options:
Improve quality control measures at the corporate level
Devise a focused social media marketing strategy
Collaborate with big-box stores for merchandising
Increase shareholder value by 10% in the first quarter

Answers

Devise a focused social media marketing strategy. (Option B)

What is mean by social media marketing?

Utilizing social media sites to market your brand and increase sales of your goods or services is known as social media marketing. Social media marketing is when a new product is released by your company and you intend to publicize the launch on social media.

What does "marketing strategy" mean?

A marketing strategy is a long-term plan for attaining a company's objectives through comprehending client needs and forging an identifiable and long-lasting competitive advantage. It includes everything, from defining who your target audience is to selecting the methods you will use to communicate with them.

To know more about Social media marketing, visit:

brainly.com/question/12264032

#SPJ4

paper money in the united states is circulating debt of the and has no intrinsic value.

Answers

Paper cash, in contrast to product cash, has no or very little natural worth. Therefore, paper cash is government issued currency. Consequently, the right response is government-issued currency.

What is government-issued currency?

Cash that isn't supported by a ware, like gold or silver, is known as government-issued currency. It is typically assigned as legitimate cash by the responsible government. Neighborhood banks and different associations have once in a while delivered government-issued currency since the beginning of time. Government-issued currency is in many cases allowed under unofficial law in contemporary times.

Government-issued currency, as a rule, has no inherent worth and no utility worth. It just has esteem because individuals who use it as a unit of record - or, on account of money, a vehicle of trade - settle on its worth.

Learn more about intrinsic value:

https://brainly.com/question/29450945

#SPJ4

Monopolistic competition differs from perfect competition because in monopolistically competitive markets.

Answers

While perfect competition occurs when buyers and sellers are numerous, knowledgeable about the market, and sell homogeneous goods, monopolistic competition is a sort of imperfect competition in which a large number of sellers provide differentiated products that are not perfect replacements.

What is a monopoly?

A scenario known as monopoly occurs when there is only one seller in the market. The monopoly case is viewed as the polar opposite of perfect competition in conventional economic analysis. The industry's downward-sloping demand curve is, by definition, the demand curve that the monopolist faces. A market arrangement known as a monopoly has just one seller or producer. A monopoly restricts the number of product alternatives accessible and makes it difficult for rivals to enter the market. Monopolies may result in dishonest business practises. A monopoly has three key characteristics, which are: several buyers and a single vendor. No product that comes close to it. Strong obstacles to new enterprises' entry.

To learn more about monopoly click,

https://brainly.com/question/9330307

#SPJ1

A machine with a book value of $38,000 is sold for $32,000 cash. Which of the following answers would accurately represent the effects of the sale on the financial statements?
Balance Sheet Income Statement Statement of Cash Flows
Assets = Liabilities + Stockholders’ Equity Revenue/Gain Expense/Loss = Net Income
A. 38,000 = n/a + 38,000 38,000 n/a = 38,000 38,000 I/A
B. (6,000) = n/a + (6,000) n/a 6,000 = (6,000) 6,000 OA
C. (6,000) = n/a + (6,000) n/a 6,000 = (6,000) 6,000 IA
D. (6,000) = n/a + (6,000) n/a 6,000 = (6,000) 32,000 IA
Multiple Choice
Option A
Option B
Option D
Option C

Answers

The option which would accurately represent the effects of the sale on the financial statements is option D which is (6,000) = n/a + (6,000) n/a 6,000 = (6,000) 32,000 IA.

Balance Sheet

Assets = Liabilities + Stockholder's Equity

Machine = $38,000

Cash = $32,000

Loss on sale = $6,000

Total = $6,000

Income Statement

Revenue/Gain - Expenses/loss = Net income

n/a - $6,000 = ($6,000)

Statement of Cash flows

= $32,000 IA

Therefore, option D is correct and the remaining options are incorrect.

A balance sheet is a budget summary that reports an organization's resources, liabilities, and investor value. The monetary record is one of the three center budget reports that are utilized to assess a business. It gives a preview of an organization's funds (what it claims and owes) as of the date of distribution.

To learn more about sales and balance sheets,

https://brainly.com/question/13198606

#SPJ4

if firms are producing at a profit-maximizing level of output where the price is equal to the average total cost

Answers

There must be no Economic profits. The total of the quantities that every single producer is willing to supply makes up the market supply in a market with perfect competition.

What output volume is appropriate for the corporation aiming to maximize profits?

Marginal revenue and cost must match in order to maximize total profit. At 4 units of output, in this example, the maximum profit is realized. Where MR = MC is where a corporation with perfect competition will also find its level of output that maximizes profits.

When a corporation engaged in competition seeks to maximize immediate economic gains?

The amount of output the company picks where its marginal revenue and cost are equal to optimize profits.

To know more about Economic visit:-

brainly.com/question/1446246

#SPJ4

if the value of goods and services that australia purchases from the united states are less than the value of goods and services that the united states purchases from australia, then the united states has

Answers

With Australia, there are both negative net exports and a trade imbalance.

What is goods and services?

An economic system's output is goods and services. Services are acts performed for the benefit of the recipients, whereas goods are tangible products made available to customers. Among the products are clothing, homes goods, and automobiles. Services include things like consulting, cleaning, and legal advice. Production at a company might be anywhere between these two concepts. For instance, a landscaping company may give a homeowner a tree (a good) and also take care of the yard (a service).

A physical object that buyers want or own is a good. Customers want services even when they are not tangible, physical objects. Frequently, a service may be provided remotely as well. What individuals consume and pay for is generally referred to as "goods" and "services."

To know more about Trade imbalance, visit,

https://brainly.com/question/8962641

#SPJ1

Which of the following will not shift the aggregate demand curve?
a. a change in the price level
b. a change in the amount of money in circulation
c. a change in tax rates
d. a change in real interest ratesAggregate demand refers to the total amount of commodities that are produced and sold in the economy at the prevailing level of prices. It is the sum of consumption, investment, government expenditure, and net exports.

Answers

The event that will not shift the aggregate demand curve is option B. a change in the amount of money in circulation

Why is the influence of a change of money in circulation on aggregate demand curve?

Changes in the money circulation will only influence the supply of money in the economy and will not influence the aggregate demand of the economy. Better still, when the supply of money in circulation operates in the economy, it does not impact the aggregate demand curve.

Aggregate demand refers to the total amount of commodities that are produced and sold in the economy at the prevailing level of prices. It is the sum of consumption, investment, government expenditure, and net exports.

Therefore, the correct answer is as given above

learn more about money in circulation: https://brainly.com/question/233635

#SPJ1

if all of the government’s debt were internal, would financing that debt make the nation poorer?

Answers

if all of the government’s debt were internal, would financing that debt makes the nation poorer is a false statement.

What is debt?

Debt may be defined as the sum that the borrower owes the bank. A debt is an amount of money that has been received for a specified time frame and must be repaid, plus interest.

External existing debt results in equalization; the process does not make a country poorer. The debt will in time need to be equalized as some point of time in time. The debtor's creditworthiness affects both the debt's size and its acceptance.

Learn more about debt, here:

https://brainly.com/question/17286021

#SPJ1

17. Delivering a public information safety campaign is
A. Is not a role played by a PIO
B. Considered reactive PIO work
C. will always cost an agency budgeted funds.
D. Considered proactive PIO work

Answers

Delivering a public information safety campaign is considered proactive PIO work. (Option D)

What is PIO?

The PIO (Public Information Officer) is in charge of informing the public and the media about incidents and working with other agencies as needed to coordinate information needs. Information on the incident must be developed and disseminated by the PIO to the news media, incident personnel, and other pertinent agencies and organizations. Each incident should have a lead PIO who may be assisted by supporting PIOs from other responding agencies or jurisdictions as needed, depending on the scale or complexity of the incident.

In conclusion, the PIO is the person in charge of liaising with the public, the media, and/or other agencies as required.

Learn more about PIO here: https://brainly.com/question/17166924

#SPJ1

a 55 year old recently received a $30 000 distribution

Answers

A 55 year historic lately received a $30,000 distribution from a preceding employer's 401k plan, minus $6,000 withholding.

Which tax would an IRA participant be subjected to on distributions?

IRAs: An IRA distribution paid to you is situation to 10% withholding except you choose out of withholding or pick to have a specific quantity withheld. You can keep away from withholding taxes if you pick out to do a trustee-to-trustee switch to some other IRA.

Do I have to record my IRA distributions on my tax return?

Regardless of your age, you will want to file a Form 1040 and show the quantity of the IRA withdrawal. Since you took the withdrawal earlier than you reached age 59 1/2, unless you met one of the exceptions, you will need to pay an additional 10% tax on early distributions on your Form 1040.

Learn more about IRA distributions  here:

https://brainly.com/question/1300867#SPJ4

T/F a management consultant estimates that the number of hours per day that employees will work and their daily pay of dollars are related by the equation . find at and interpret your answer.

Answers

A management consultant estimates that based on the given equation between the number of hours per day of h and their daily pay of p dollars, when a person do overtime for n hours, they will get an extra $1 in pay is TRUE.

From the case, we know that the relationship between the number of hours per day (h) and the employees' daily pay (p) could be rewritten in the perspective of the number of hours per day such:

40h⁵+4,000,000 = p³

h⁵ = p³ - 4,000,000

                 40

h⁵ = 1/40 p³ - 100,000

h = (1/40 p³ - 100,000)^(1/5)

When we use derivative method to solve dh/dp, the equation will be derivated based on p.  Based on derivative concept, when f is a function of x, hence f'(x) measures the instantaneuos rate of change of f with respect to x. It could be said that f'(x) shows the rate of change of f, when x changes.

Related to the derivative concept, we know that h is the function of p given that the function h is being derivated to p. Hence h'(p) or dh/dp shows any changes in h, when p changes. dh/dp shows the extra hours a  person need to work to earn an extra $1 in pay.

Learn more about Number of hours per day here: https://brainly.com/question/3732413

#SPJ4

Complete Question:

A management consultant estimates that the number h of hours per day that employees will work and their daily pay of p dollars are related by the equation 40h⁵+4,000,000 = p³. Find dh/dp at p = 20, a person will work for an extra n hours for an extra $1 in pay. T/F

you are working as a contracted information technology specialist. you have been contacted by james otis tax associates, a small tax preparation company. the company is growing rapidly and is opening a new office. they are focused on hiring and retaining the best in the field, and they believe that one way to do this is to provide every employee with the appropriate tools and technology they need to effectively complete their work. your company has been asked to provide its expertise in identifying the technology components needed for the computer systems and network for the three employees in the new office. they would also like you to address the security needs of the various employees.

Answers

In order to provide the best advice for the James Otis Tax Associates, I would need to understand the exact requirements of their new office. This would include the specific needs of the three employees, the type of work that will be done, and the budget available for technology components.

What is employee?
A worker hired by such an employer to perform a specific task is known as an employee. Employers are in charge of deciding how much an employee is paid, when they work, and how they work. Employees receive advantages that contractors do not in return. An employer can hire a certain category of worker to carry out a specific task. Contrary to contractors, who enjoy greater freedom than employees, an employer has control over what an employee is doing and how it will be carried out. Following a selection as an employee following an application and interview process, the employee is hired by the employer. The candidate is chosen after the employer determines that they are the most qualified candidate for the position for which they are hiring.

Once I have a full understanding of the requirements, I can recommend the appropriate hardware, software, and network infrastructure needed to meet the needs of the employees. I would also be able to suggest any additional security measures that need to be taken. This may include firewalls, antivirus software, and any other measures that may be necessary to protect the company's data. In addition, I can provide advice and assistance on the installation, configuration, and maintenance of the technology components. I can also provide training to the employees so that they can use the technology effectively and securely.  Overall, I can provide the James Otis Tax Associates with the necessary expertise and guidance to ensure that their new office is equipped with the best technology for their employees.

To learn more about employee
https://brainly.com/question/27953070
#SPJ4

What value does tracking and following-up on Expired Listings provide? --Provides the community a snapshot of marketing trends. --Provides an opportunity for personal contact with a property seller. --Provides little value because the property did not sell in the market. --Provides the Real Estate Board an opportunity to improve listing records.

Answers

The tracking and following-up on expired listings provide an opportunity for personal contact with a property seller.

What does expired mean in real estate listing?

Properties that were on the market but didn't sell before the listing's expiration date are known as expired listings. Agents can obtain expired listing leads by locating or acquiring them, following up with them directly, or by using lead nurturing programs and advertising via email, SMS, and direct mail.

An "Expired" or "Cancelled" status indicates that there is no longer an active brokerage agreement or listing contract with the seller according to the Bright MLS Rules & Regulations. In the real estate industry, a property that didn't sell through the MLS is referred to as having an expired listing. It is essentially a property that is no longer active in the MLS since it did not receive a purchase agreement during its period or under the terms of a contract with a realtor.

To learn more about expired listing, visit:

https://brainly.com/question/28097118

#SPJ1

Auditors should design the written audit plan so that:

Multiple Choice

substantive tests prior to the balance sheet date will be minimized.

each account balance will be tested under either tests of controls or tests of transactions.

the audit procedures selected will achieve specific audit objectives.

all material transactions will be selected for substantive testing.

Answers

Auditors should design the written audit plan so that: the audit procedures selected will achieve specific audit objectives. Option C

What are Auditors?

In most cases, a firm's auditing duties may be carried out either by a person or by a separate organization that has been given that role by the company.

A person must either be certified by the accounting and auditing regulatory body or meet a set of prerequisite credentials in order to be qualified to carry out the duties of an auditor.

Both of these options are required for a person to be qualified to carry out the duties of an auditor.

Read more about Auditors

https://brainly.com/question/28457117

#SPJ1

in 2018, __________ million americans are expected to purchase something online.

Answers

In 2018, 189 million Americans are expected to purchase something online.

What is online purchasing?

Through the use of a web browser or a mobile app, customers can directly purchase products or services from sellers through the Internet through online shopping.

E-commerce is the practice of purchasing or offering goods or services online. A growing number of people choose to purchase online since it is quick and simple. Online sales are one type of e-commerce activity that can target either consumers or other businesses.

These elements include perceived risk, perceived usefulness, perceived risk of use, perceived ease of use, impact of website design, economic factor, product availability, and customer satisfaction.

To learn more about E-commerce

https://brainly.com/question/14157556

#SPJ1

True / False Questions(6)

(2 points each)

1. Effective managers recognize that given the complexity of many tasks, some failures are inevitable.

True False



2. Effective decision-making relies on logic and not emotions.

True False



3. For programmed decisions, managers often develop heuristics, or mental shortcuts, to help reach a

decision.

True False



4. Time pressures causes managers to neglect heuristics and engage in deep processing for decision

making.

True False



5. When satisficing, a decision maker selects the best solution.

True False



6. In order to reduce groupthink, groups can assign a member to play the devil's advocate.

True False

Answers

1. It is true that effective managers know how to accomplish tasks.

2. It is true that a good decision can only be made by using logics.

3. The given statement is false

4. Managers do not engage in deep processing, due to shortage of time.
Hence, the given statement is false.

5. The given statement is true as a decision makers chooses  the most appropriate solution.

6. It is true that devil's advocate helps to brainstorm the ideas.

What duty does a management have that is most crucial?

Making a strategy to achieve business goals and objectives is one of a manager's primary responsibilities. This entails allocating human resources, assigning duties, and establishing reasonable completion dates and criteria.

To know more managers about click on the link below:

https://brainly.com/question/24708179

#SPJ1

the keynesian transmission mechanism could be blocked by either interest-insensitive investment or by the liquidity trap.

Answers

Either interest-insensitive investment or the liquidity trap have the potential to obstruct the Keynesian transmission mechanism. Typically, the money supply curve is horizontal. The investment demand curve is horizontal in the liquidity trap.

Which best sums up how the money supply grows in a Keynesian transmission model?

Falling interest rates encourage investment spending, which in turn raises overall spending and moves the AD curve to the right.

By liquidity trap, what do you mean?

An expansionary monetary policy (increase in money supply) in a liquidity trap prevents economic growth by failing to raise interest rates or income.

The most extreme outcome of monetary policy is the liquidity trap.

To know more about transmission mechanism visit:-

https://brainly.com/question/24077670

#SPJ4

Which of the following products or services is not subject to network effects?
a. Banking services
b. Snack chip manufacturing
c. Video game consoles
d. Social networks
e. Cell phone services

Answers

The product or service that is not subject to network effects is b. Snack chip manufacturing.

What products are affected by network effects?

The products or services that will be affected by network effects such as slower networks, are all the services and products that use networks to work. Banks use networks to provide services, video game consoles need network for online play, and social networks need networks to be connected to.

Cell phone services are entirely offered over networks. Snack chip manufacturing on the other hand can be done without the need for networks.

Find out more on network effects at https://brainly.com/question/28059618

#SPJ1

assume you purchased a $1000 convertible corporate bond. also assume the bond can be converted to 18.5 shares of the firm's stock. what is the dollar value the stock must reach before investors would consider converting to a common stock.

Answers

Dollar Value of the Stock: 54.054

Working Note: 1000/18.5 = 54.054

What are corporate convertible bonds?

An interest-bearing fixed-income corporate debt asset known as a convertible bond has the option of being converted into a predetermined number of shares of common stock or equity. During the bond's term, the conversion from bond to stock is possible at specific times and is often at the bondholder's option.

What drives businesses to employ convertible bonds?

Convertible bonds are a cost-effective solution for the corporation to raise capital because they have lower interest rates than comparable conventional bonds. The corporation also saves money by converting them into shares, albeit there is a chance that the share price will be diluted.

To learn more Corporate Bonds visit:

https://brainly.com/question/14531325

#SPJ4

if a change in price barely effects demand, that means the demand is _______.

Answers

if a change in price barely affects demand, that means the demand is Inelastic

What is Inelastic demand?

Generally, The degree to which the amount required is affected by changes in the price of an item is referred to as its price elasticity of demand.

When the price of practically any product goes up, the amount of that good that people want to buy goes down, however, the degree to which it drops varies depending on the commodity.

Read more about Inelastic demand

https://brainly.com/question/28192591

#SPJ1

data on the distribution of income for the united states show that from 1970 through 2014, the share of income earned by the top quintile , and the share earned by the bottom quintile

Answers

Rose; Fell, A statistical measurement of how many people earn or receive different amounts of income, the distribution of income is just that.

What has changed in the United States' income distribution during the 1970s?

Since the middle of the 1970s, income inequality has gotten progressively worse to the point where 90 percent of the population hasn't really experienced much income growth in real terms for the past 45 years, whereas those at the top of the distribution have experienced much, much faster income growth.

How has the distribution of income changed in the US?

In other words, the top of the income distribution earned 13.53 times as much as the bottom, a rise of 4.9% from 2020. Additionally, the gap between the middle and bottom of the income distribution grew, going from 4.34 in 2020 to 4.52 in 2021, an increase of 4.0%.

To learn more about Distribution Of Income visit:

https://brainly.com/question/8325317

#SPJ4

The complete question is:

Data on the distribution of income for the united states show that from 1970 through 2014, the share of income earned by the top quintile ______ , and the share earned by the bottom quintile _______

identify each scenario as a result of ecological overshoot, or not.

Answers

Results of ecological overshoot may also consist of depletion of freshwater systems, collapsing fisheries in the oceans, and gentrification in urban neighborhoods. +human needs on nature exceed the planet's ability to provide.

What is Global Ecological Overshoot?

Ecological overshoot is measured using ecological footprint analysis, which assesses humanity's complete demand on nature's offerings over a one-year duration compared to the functionality of biologically productive land and sea areas to meet that demand.

Today, most countries, and the world as a whole, are in ecological overshoot. Over 85% of the world population lives in nations running with an ecological overshoot.

Learn more about ecological overshoot here:

https://brainly.com/question/14548329#SPJ4

if the short-run aggregate supply curve is horizontal, an increase in union aggressiveness that pushes wages and prices up will result in prices and output in the short run. a) lower;lower b) higher;higher; c) lower; higher; d) higher; lower

Answers

If the short-run aggregate supply curve is horizontal, an increase in union aggressiveness that pushes wages and prices up will result in higher prices and lower output in the short run (D).

Aggregate Supply is the total output of products produced within an aconomy at a given price in a giver time period. Aggregate suspply curve represents the relationship between price levels and the quantity of output that firms are willing to produce.

In the short-run, aggregate supply responds to the fluctuation of demands by changing the use of current inputs in the production process. In the short-run, the level of capital is fixed and a company cannot generate new working capital to increase the production efficiency.

When union aggressively pushes the wages up, this will put firms in difficult position because they have to allocate more costs to direct labors and wages expenses. Because the limitation of working capital, the only way out for those firms are to increase their product's prices and lower their production output.

This condition will shifted the Short-run aggregate supply curve and resulted in higher prices and lower output in the short-run.

Learnmore about Short-run Aggregate Supply here: https://brainly.com/equation/27064601

#SPJ4

Other Questions
HURRY PLS!!Kevin took $45 with him to spend on snack for himself and his friends at the movie theater. The price for each bucket of popcorn was $4. The price of each drink was half the price of a bucket of popcorn.A. Sketch the graph that represents the situation and label the intercepts. Use one axis to represent the number of buckets of popcorn and the other axis to represent the number of drinks.Explain your graph.B. Graph the absolute value function.C. (a) Graph a linear function of your choice. On the same graph, graph a linear function transformed 2 units up and 3 units down.(b) What was the equation of your linear function in slope-intercept form?(c) What was the equation of the transformed function in slope-intercept form? this french enlightenment playwright was a supporter of the american revolution. his most famous plays are the barber of seville and its sequel, the marriage of figaro, which initially was banned by king louis xvi of france. what is the selective service your decision on what type of annuity to purchase will have a dramatic impact on the monthly payments you will receive upon retirement. Please choose the feature of Pseudomonas that makes it a difficult organism to control in a hospital environment.- An endotoxin- A capsule- The ability to utilize all sorts of nutrients- An anaerobic bacterium- Antibiotic resistance What is the 1796 presidential election issue? According to Batson (1991), when people experience empathy with another in need, _____ motivates helping. a. maximizing rewards and minimizing costs b. passing their genes to the next generation c. making a difference in the world d. helping others independent of self-interest a psychologist who believes depression is linked to decrease in teh availability of the neurotransmitter seratonin would be following which perspective To which of the following half-reactions must 2 electrons appear as products in order to balance the equation?H2 + 2OH- 2H2OH2O + PbO PbO2 + 2H+ product x has an income elasticity of demand coefficient of -2. it also has a cross-price elasticity of demand coefficient of -2 with product y. which of the following is true? a product x and product y are subsitutes. b an increase in the price for product x will cause an increase in total revenue for product x c an increase in the price of product y will decrease the demand for product x. d product y is an inferior good. e the demand for product x is relatively elastic. PLEASE HELP ASAP!!! FULL ANSWER!!! A person standing close to the edge on top of a 40-foot building throws a ball vertically upward. The quadratic function h = 16t^2 + 72t + 40 models the ball's height above the ground, h , in feet, t seconds after it was thrown. a) What is the maximum height of the ball? _____________ feet b) How many seconds does it take until the ball hits the ground? _____________ seconds What happens when money supply changes? A baseball player has 746 plate appearances in his first year, 727 plate appearancesin his second year, and 512 plate appearances in his third year. How many platehas the player had in three years?appearancesO 2,075O 1,975O 1,885O 1,985 Allicin is the compound responsible for the characteristic smell of garlic. An analysis of the compound gives the following percent composition by mass: c: 44. 4 percent; h: 6. 21 percent; s: 39. 5 percent; o: 9. 86 percent. Calculate its empirical formula. What is its molecular formula given that its molar mass is about 162 g?. What are the 4 basic steps in cleaning? Balance the reaction for the combustion of heptane:?C7H16+?O2??CO2+?H2OEnter the four coefficients in order, separated by commas (e.g., 1,2,3,4), where 1 indicates the absence of a coefficient. Madeleine has decided to seek therapeutic services from someone who describes himself as having a "sociocultural perspective." This means that: select allA. he may want to know about Madeleine's early experience as a childB. he may be interested in Madeleine's familyC. he may be interested in neurotransmitter imbalancesD. he may say that environmental experiences play a role in the creation of psychological disorders The purchase of which of the following products is most affected by interest rates?A) Around-the-world cruiseB) Season tickets to a sporting eventC) MotorcycleD) Apartment How do you identify a restrictive clause? In the context of methods to generate ideas, which of the following is true about brainwriting?