When all other factors remain the same, the law of demand tells us that: An increase in your income causes you to buy more hamburgers An increase in the price of peanut butter causes the quantity demanded of jelly to fall. An increased quantity demanded of bread causes the price of bread to fall. A decrease in the price of gas causes the quantity of gas to increas

Answers

Answer 1

Answer:

An increase in your income causes you to buy more hamburgers.

Explanation:

An increase in your income causes you to buy more hamburgers.

Option "A" is correct because the increase in income exhibits an increase in purchasing power. Moreover, there is a positive relationship between the income the demand for normal goods which means if the income rises, then the demand rises. If the income falls, then demand for goods also falls. Therefore, option "a" is right.


Related Questions

Tom, a customer care executive, receives an order of 25 personal computers from a customer who wants the goods to be delivered to him in two days. Tom needs to inform the customer of that there will be a delay in shipping goods in bulk in such a short span of time. In order to maintain trust, Tom should _____. Multiple Choice update the customer only when he or she raises a complaint regarding non-receipt of goods

Answers

Answer:

update the customer regularly and keep the customer informed of any further delay.

Explanation:

Since in the given situation it is mentioned that tom received the order of 25 personal computers that should be delivered in two days but at the same time he know there is delay in shipment as there is bulk order so in order to maintain the trust he has the responsibility to update the customer on regularly basis and if there is any further delay so the same should be informed to the customer as the customer has also the right to know for the same.

Therefore the above statement should be the answer

Ptarmigan Company produces two products. Product A has a contribution margin of $289.20 and requires 12 machine hours. Product B has a contribution margin of $221.40 and requires 9 machine hours. Determine the most profitable product assuming the machine hours are the constraint. If required, round your answers to two decimal places. Contribution margin per machine hour: Product A $fill in the blank 1 Product B $fill in the blank 2 Product is the most profitable.

Answers

Answer:

Product B

Explanation:

Calculation to determine the Product that is most profitable.

Product A Product B

Contribution margin per unit $289.20 $221.40

÷ Machine hours 12 machine hours 9machine hours

Contribution margin per bottleneck hour 24.1 24.6

(Product A= 289.20/12=24.1)

(Product B =$221.40/9=24.6)

Therefore based on the above calculation PRODUCT B is the most profitable

A former Wells Fargo employee realized that what she was asked to do by her managers was not ethical and after deliberation she decided to "push back and refused to meet the sales goals because, she told her managers, there was no ethical way to do it." If instead, she had said, "I do not want to lose my job over this" and proceeded to engage in fraudulent activities, at which of the following stages (Rest's ethical decision-making model) would her moral decision-making have failed?

a) moral judgement
b) moral recognition
c) moral awareness
d) moral intent

Answers

Answer:

moral intent

Explanation:

Gabriela is a geologist working for an oil company. She joined the National Guard and was called to active duty to serve in Afghanistan for a year shortly afterward. The oil company said the job would be there for her upon her return. She served with distinction and upon returning home she contacted her old company. They informed her that the position had been filled and there was no open position for her. If the company does not uphold the USERRA law, Gabriela can call on what organization to fight for her employment rights

Answers

Answer: EEOC: Equal Employment Opportunity Commission

Explanation:

Based on the information given, Gabriela can call on the Equal Employment Opportunity Commission to fight for her employment rights

The U.S. Equal Employment Opportunity Commission is in charge of enforcing the federal laws which make it illegal to discriminate a person against an employee or job seeker because of the religion, race, color, sex of the person.

Which situation best illustrates the concept if absolute advantage??

Answers

Answer: A German factory that can build more sports cars than foreign factories.

Explanation:

Absolute advantage refers to a scenario whereby a good or service can be produced in higher quantity at same cost by a company when compared to others.

In this situation, the scenario that best illustrates the concept of absolute advantage is a German factory that can build more sports cars than foreign factories.

What's your guys' favorite thing about Chrollo?

Answers

Answer:

I really like how he

Explanation:

yea

ummmmmmmmmmmmmmmmmmmmmmmmmm

Assume you are analyzing the market opportunity of a distance learning company, Learnmore, that creates education courses delivered over the Internet for the Fortune 1000 corporate market. Assume that the overall size of the distance learning market is $25 billion. The overall market can be broken down into three major market segments: Corporate, College, and Elementary/High School, each of which accounts for a third of the market. Within the Corporate market, there are two market niches: Fortune 1000, which accounts for 60% of the market, and all others, which together account for 40% of the market. What is Learnmore's realistic market opportunity, approximately

Answers

Answer:

The answer is "$8.33billion".

Explanation:

Since 25 billboards are separated into three sections, one portion of which is corporate and one part is fortune 1000 and equal to 8.33 billion dollars incorporate.

1/3 of the $25billion = $8.33 billion.

Which is considered unempolyed? help asap

Answers

Answer:

A person not holding a job but actively looking for one.

Explanation:

Unemployment refers to a phenomenon in which part of the labor force is unemployed. It is a feature of today's Western industrial society, and unemployment traditionally refers precisely to the lack of paid employment.  

The main disadvantages of unemployment are typically the decline in living standards, the loss of interpersonal and social status brought about by work, and the increase in feelings of economic and social insecurity. Many unemployed people also find it anxious that some people are openly contemptuous of the unemployed. In addition, many people like their jobs, so they also lose the satisfaction of work with unemployment. Stress can also increase due to the limited job opportunities available and the discouraging effect of negative responses to job applications. As living standards fall, the share of unpaid compulsory domestic work may also increase significantly.

In the first year of business, Friendly Company paid $32,000 for direct materials and $42,000 for production workers' wages. Lease payments and utilities on the production facilities amounted to $25,000 while general, selling, and administrative expenses totaled $10,000. The company produced 4,000 units and sold 3,000 units at a selling price of $35.00 a unit. What is Friendly's cost of goods sold for the year?
A. $55,500
B.$81,750
C.$109,000
D.$74,250

Answers

Answer:

b

Explanation:

I need a cute name for an estsy buisness where i sell prints… this is a 10 point question and I give brainliest to whoever comes up with the one I like and I will thank everyone who answers no matter what !!

Answers

Answer:

well i think

- flawless copies

- perfect printing

-rapid copies

- papers brought to life

- plastics and prints

-printsey

hope this helps! <3

A public company has declared a property dividend of one share of its investment in M corporation for every 10 shares of its common stock outstanding. The M shares were originally purchased by the company for $50 per share; on the date the dividend was declared, the market value was $75 per share. As a result of this declaration, the company should recognize A. An appropriate gain or loss based on the market value on the date of distribution. B. A gain of $25 per share to be distributed. C. A loss of $25 per share to be distributed. D. No gain or loss.

Answers

Answer:

B. A gain of $25 per share to be distributed

Explanation:

The computation of the per share recognized by the company is shown below:

Since the market value per share is $75

And, the purchase price per share is $50

At the time when the dividend of the property is declared so the property should be calculated at the fair value i.e.

= $75 - $50

= $25 per share

Therefore the option b is correct

Sunland Company is considering the replacement of a piece of equipment with a newer model. The following data has been collected:

Old Equipment New Equipment
Purchase price $312000 $512000
Accumulated depreciation 124800 - 0 -
Annual operating costs 411000 354000

If the old equipment is replaced now, it can be sold for $85000. Both the old equipment’s remaining useful life and the new equipment’s useful life is 5 years. The company uses straight-line depreciation with a zero salvage value for all of its assets.

The net advantage (disadvantage) (net effect on current year net income) of replacing the old equipment with the new equipment is (don’t consider annual operating costs in the computation)
A. $(99000)
B. $124800`
C. $85000
D. $(17400)

Answers

Answer:

D. $17,400

Explanation:

what are the importance of doctor​

Answers

Answer:

to help people

Explanation:

Answer:

Doctors are responsible for increased life expectancy and improved well-being in society. People who survive diseases such as cancer usually owe their survival to doctors, whose skills and dedication are vital for their cure.

Explanation:

Please Mark me brainliest

2x +3=X -1 PLEASE ANSWER PLEASE​

Answers

Answer:

-4

Explanation:

2x+3=x-1

=>2x-x=-1-3

=>x=-4

Answer:

x = -4

Explanation:

2x+3 = x-1

-x         -x    subtract x from both sides to cancel out the positive x

x+3 = -1

 -3     -3      subtract 3 from both sides to cancel out the positive 3

x = -4           this is the simplified equation

:) ur welcome

The multiplier effect states that a manager's influence on the organization ________.
A can have great and continual cost implications
B can result in many types of company diversity
C is felt repeatedly for many days
D also results in large consequences for employees' families
E has implications far beyond the results that can be achieved by one person acting alone

Answers

Answer:

E) has implications far beyond the results that can be achieved by one person acting alone

Explanation:

The multiplier effect can be regarded as a the proportional amount of increase/ decrease that exist in final income as a results of some activities such as injection,spending or

withdrawal. It can be explained as

any changes that comes up from consumer spending as a result of any real GDP growth as well as contraction brought about through the utilization of fiscal policy. It shouldbe noted that The multiplier effect states that a manager's influence on the organization has implications far beyond the results that can be achieved by one person acting alone

Answer:

E has implications far beyond the results that can be achieved by one person acting alone

Explanation:

Multiplier effect occurs when a manager is able to replicate his abilities in others who are working under him.

It is his ability to train others to be as effective as himself.

This will result in a team that is more effective and has the potential of doing a lot more than when the manager is acting alone.

Building capacity in those under the manager gives the possibility of the operation moving forward without much further input from them.

unscramble the message:
1 4M n07 s4D B|_|7 1 4M n07 h499y 317H3r. 1 4M D399R3$$3|)

Answers

Answer:

"I am not sad (b-word) I am not happy either. I am depressed"

Explanation:

Hope this helps?

Suppose that you really enjoy going to the movie theater, but at your current level of income, it is more affordable to rent a movie at home. Then suppose you receive a promotion and your income rises. With this extra money, you go to the movie theater more often instead of renting movies. This scenario demonstrates that to you, rental movies are a(n) ________ good and movies at the movie theater are a(n) _________ good.

Answers

Answer:

inferior, normal

Explanation:

Consumers tend to spend more or less on a commodity when their income level changes. This is as a result of preference that is restricted by income level.

Based on this there are 3 types of goods: inferior, normal, and necessity.

Inferior goods are ones that a consumer will abandon for other goods when income rises.

Normal goods are the ones where demand increases as income rises.

Necessity are goods whose demand remains constant despite income changes.

In the give scenario therefore rental movies are inferior goods while going to the movie theatre is a normal good.

Imagine the labor force of the United States numbers 157 million persons. There are 8 million jobless persons actively looking for work. There are 6 million involuntary part-time workers. There are 600,000 jobless persons not looking for work because they believe no jobs are available to them.Given these conditions, what is the official unemployment rate in the United States

Answers

Answer: = 5.10%

Explanation:

The unemployment rate includes only those who do not have a job but are actively searching for one. People working part time are considered employed when calculating the unemployment rate.

In this case, only the 8 million jobless people looking for jobs will be classified as unemployed.

Unemployment rate = Number of unemployed / Number of people in labor force * 100%

= 8,000,000 / 157,000,000 * 100%

= 5.10%

ECONOMICS!
A person wants to buy a violin that costs $400. When he goes to buy it, the
clerk tells him that he will need to pay $440.
Which type of tax explains the extra cost?
A. Corporate tax
B. Property tax
C. Sales tax
D. Income tax

Answers

Answer:

The correct answer is C. Sales tax.

Explanation:

Sales tax is a tax on turnover of goods and services. It is usually calculated as a percentage of the value of the goods and services. Sales tax can be imposed at different stages of turnover or it can be cumulative and imposed at all stages of turnover.

In the United States, there is no federal sales tax, but it is set at the state level and therefore varies from state to state. Sales tax typically varies from 1-10% and it differs from product group to product group. The sales tax is paid only once by the consumer. In some cases, the local government may impose additional sales tax, so that locally in some places on certain product groups up to 7-15% sales tax is paid.

The infant-industry argument a. has the support of most economists. b. is based on the belief that protecting industries when they are young will pay off later. c. is based on the belief that protecting industries producing goods and services for infants is necessary if a country is to have healthy children. d. is an argument that is advanced by advocates of free trade.

Answers

Answer:

b. is based on the belief that protecting industries when they are young will pay off later.

Explanation:

The infant-industry argument is an international trade theory meant to protect industries in their early stages of development from competition from foreign firms. it is not advanced by advocates of free trade.

the theory postulates that infant indtureist be protected from competiton by various tariffs and laws that would discourage import

Which is NOT a characteristic of a successful entrepreneur?

Answers

Answer: Procastination, not being innovative

Explanation:

There many characteristics that are not traits of a successful entrepreneur;

- Laziness and procastination; an entrepreneur is one who doesn't give in easily regarding laziness or procastination

- Inability to innovative; what makes an entrepreneur standout is innovation most times, doing things differently from the rest leads to success

Answer:

Ambiguous

Explanation:

You don't need to be ambiguous to be be successful.

A written report that contains just a few pages that sum up the marketing plan's main points is called a

Answers

Answer:

Executive summary

Explanation:

An executive summary can be defined as a written account that gives a summary of the marketing plan. The large document or a research paper for marketing plans, business reports, etc are provided in concised form in an executive summary.

Because an executive summary provides an overview to the large documents, it is the first place that decision makers go to ascertain the actions.

Therefore, an executive summary is the correct answer.

The ICH GCP guidelines:
- set standards for the design, conduct, monitoring and reporting of clinical research.
- guarantee that a submission in any ICH region will be approved for marketing.
- require certification of clinical research sites and investigators
- replace FDA regulations for internationally conducted studies of drugs that will be marketed in the U.S.

Answers

Answer:

Explanation:The ICH-GCP is a harmonised standard that protects the rights, safety and welfare of human subjects, minimises human exposure to investigational products, improves quality of data, speeds up marketing of new drugs and decreases the cost to sponsors and to the public.        

the last

Briefly describe the involvement of a sport management and marketing agency in client marketing and product endorsement.

Answers

Answer:

The involvement of a marketing agency in the client's sports management and product endorsement is due to the need for an external agency to develop events and marketing campaigns that appeal to the potential audience, so that there is the possibility of marketing sports products with strategic effectiveness and profitability.

what should i say if A customer is looking for a specific brand that the job does not sell?

Answers

Tell them sorry and you don’t sell this specific brand in your store

Maya got a job transfer from Italy to New York. After working for some time in New York, she started to understand the mental models held by her colleagues from other cultures, as well as their emotional experiences in a given situation. Furthermore, she started to effectively use words and behaviors that were compatible with the local culture of New York. Which of the following features of a global mindset occurred in Maya's life?
A. The capacity to judge the competence of others by their national or ethnic origins.
B. The ability to develop more of a parochial than a global frame of reference about their business.
C. The capacity to empathize and act effectively across cultures.
D. The ability to process complex information about familiar environments.

Answers

Answer:

C. The capacity to empathize and act effectively across cultures.

Explanation:

Since in the question it is mentioned that the use the words and behavior that are compatible with the new york local culture so here the global mindset that arise in her life represent the attribute with related to the capacity for empathizing and it act effectively over and across the culture

so as per the given situation, the option c is correct

Nick works with a large team at a social media company. He has proposed and finished several projects which the company implemented. He has a great sense of pride in doing his job. The company has three products currently, and the sales division and marketing division are responsible for increasing product adoption. Nick works in the marketing division and often gets marketing campaign ideas from talking with the customer service division and the salespeople. He enjoys the information communication in the company. Nick works for a company with a:

Answers

Answer:

functional departmentalization structure

Explanation:

In the case of functional departmentalization, an organization should be organized into the department that depend upon the functions that each one performs for an organization.

Since in the given situation, nicks works with the marketing division also he enjoyed the information that communciated in the company so here he works with the functional departmentalization structure for a company

hence, the same should be relevant

_____ are companies using an adaptive strategy that seeks to minimize risk and maximize profits by following or imitating the proven successes of companies that seek fast growth by searching for new market opportunities, encouraging risk taking, and being the first to bring innovative new products to market.

Answers

Answer:

Analyzers

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Typically, to formulate strategies that are well aligned with the mission of an organization or business firm, some of the activities that needs to be performed includes the following;

1. Knowing your core competencies.

2. Assessment of the organization's internal strengths and weaknesses.

3. Examination of the organization's external environment.

4. Analyze your competitors.

Analyzers are companies that uses an adaptive strategy that would help them to minimize (mitigate) risk while maximizing their profits by following or imitating the proven successes of prospective companies that are focused on fast growth and development; through a thorough search for new opportunities in the market, encouraging risk taking and being a pace setter such as being the first to introduce innovative new products to market.

Additionally, the opposite of the analyzers are reactors who do not adopt a consistent adaptive strategy but only react to changes in their external environment such as markets, customers, rivals, etc., after they have occured.

The following standards for variable manufacturing overhead have been established for a company that makes only one product:Standard hours per unit of output3.5 hoursStandard variable overhead rate$15.20 per hourThe following data pertain to operations for the last month:Actual hours3,800hoursActual total variable manufacturing overhead cost$59,090Actual output800unitsWhat is the variable overhead efficiency variance for the month

Answers

Answer:

Variable overhead efficiency variance= $15,200 unfavorable

Explanation:

Giving the following information:

Standard hours per unit of output 3.5 hours

Standard variable overhead rate $15.20 per hour

Actual hours 3,800hours

Actual total variable manufacturing overhead cost $59,090

Actual output 800units

To calculate the variable overhead efficiency variance, we need to use the following formula:

Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Variable overhead efficiency variance= (3.5*800 - 3,800)*15.2

Variable overhead efficiency variance= $15,200 unfavorable

Registered Representatives would be liable for damages in the use of material, non-public information in all of the following situations except: (A) The representative decides not to share the information and does not trade based on the information (B) The representative decides not to share the information with others but does make trades in his personal only (C) The representative trades using the information after notifying officers of the firm (D) The representative decides not to trade using the information but shares the information with others who do use the information for trading purposes.

Answers

Answer:  (A) The representative decides not to share the information and does not trade based on the information.

Explanation:

The use of material, non-public information in securities trade is called insider trading and creates an unfair advantage and so is illegal under any circumstances and considered a violation of the Insider and Trading Fraud Enforcement Act of 1988.

A Registered Representative would therefore only be liable for no damages if they never trade on material, non-public information because if they are found to, regardless of the reason, they will incur damages.

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