Answer:
B. False
Explanation:
As we know that in the case of the normal goods, there is a positive relationship between the consumer income and the quantity demanded
If the income falls, the quantity demanded also falls and if the income rises, the quantity demanded rises
Therefore in the given case, since the income falls, so the consumers do not purchased more as the quantity falls
So, the given statement is false
Which of the following circumstances is most likely to reduce one's standard of living?
1. An increase in the cost of some goods such as escalating gasoline prices.
2. A decrease in the cost of some goods such as a decrease in housing prices.
3. Stable prices and an increase in employee wages.
4. Losing your job, but gaining a sizeable inheritance.
Answer:
1. An increase in the cost of some goods such as escalating gasoline prices.
Explanation:
The standard of living refer to a comfort level, the goods, and the material, necessities and wants that are available to a person
In case when there is a decline in standard of living so it is due to the increased in price as it reduced the purchasing power of the consumer
If the price of the goods increased, then the quantity demanded decreased as per the law of demand
Therefore in the given case, the option A is correct
Explain how productivity, demand, and availability/supply affect the values attached to money payments.
Answer:
The law of supply and demand is an economic theory that explains how supply and demand are related to each other and how that relationship affects the price of goods and services. It's a fundamental economic principle that when supply exceeds demand for a good or service, prices fall. When demand exceeds supply, prices tend to rise.
There is an inverse relationship between the supply and prices of goods and services when demand is unchanged. If there is an increase in supply for goods and services while demand remains the same, prices tend to fall to a lower equilibrium price and a higher equilibrium quantity of goods and services. If there is a decrease in the supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services.
The same inverse relationship holds for the demand for goods and services. However, when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa.
Supply and demand rise and fall until an equilibrium price is reached. For example, suppose a luxury car company sets the price of its new car model at $200,000. While the initial demand may be high, due to the company hyping and creating buzz for the car, most consumers are not willing to spend $200,000 for an auto. As a result, the sales of the new model quickly fall, creating an oversupply and driving down demand for the car. In response, the company reduces the price of the car to $150,000 to balance the supply and the demand for the car to reach an equilibrium price ultimately.
The law of supply and demand is an economic theory that explains how supply and demand interact and how this influences the pricing of products and services. When supply exceeds demand for an item or service, prices fall. This is a basic economic premise. Prices tend to rise when demand exceeds supply.
When demand is constant, the supply and prices of products and services have an inverse relationship. Prices tend to decrease to a lower equilibrium price and a greater equilibrium quantity of goods and services when supply for goods and services increases while demand remains constant.
When the supply of products and services falls while demand remains constant, prices increase to a higher equilibrium price and a reduced quantity of goods and services are produced.
• The demand for products and services has the same inverse relationship. When demand rises but supply stays constant, the increased demand results in a higher equilibrium price, and vice versa.
• Supply and demand fluctuate until a price equilibrium is reached. Assume a premium vehicle manufacturer sets the price of their new model at $200,000.
• While the initial demand for the car may be great due to the company's marketing efforts, most people are unwilling to spend $200,000 on a vehicle.
• As a result, sales of the new model plummet, resulting in an oversupply and lower demand for the vehicle.
• As a result, the corporation lowers the price of the car to $150,000 in order to balance supply and demand for the vehicle and eventually establish an equilibrium price.
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Western deli pays its couriers straight time for 36 hours per week and double time for any horus more than 36 worked last week kevin alvarez worked a total of 42 hours and had total pay of 545.28 what is his straight time pay
Answer:
Western Deli
Kevin Alvarez's straight time pay = $408.96
Explanation:
Data and Calculations:
Straight time = 36 hours per week
Overtime hours worked = 6 hours
Total hours worked = 42 hours
Total pay for the week = $545.28
Rate of pay:
Straight time = Hourly rate
Overtime = Hourly rate x 2
Total hours paid = Straight time + 2 of Overtime = 36 + 12 = 48 hours
Hourly rate = $545.28/48 = $11.36
Therefore, Straight time pay = 36 x $11.36 = $408.96
Please help me♀️♀️
Answer:
a specific purpose
Explanation:
this is because ;for example you are asking this question with a purpose (to get the answer)
Trial courts determine if a will is valid or not. O True O False
Answer:
A valid will has to be in writing, and signed by the testator in the presence of two witnesses, who must also attest the will. If the process is not followed to the hilt, the will can be challenged in the court of law. So the answer is true.
Items of value owned by a business are known as which of the following?
Answer:
Explanation:
Assets
All of the following are examples of results of unethical business actions except:
a. Recruitment and retention problems.
b. Lower employee salaries.
C. Negative employee relations.
d. Poor company reputation.
hurry! #6
Explain three possible reasons that Bill's potential employer was unsatisfied with his resume.
Situation: Bill submitted his resume to a potential employer and received a call informing him that he was not selected for the position.
Employer: "Unfortunately, based on your resume we are not able to hire you."
Bill: "I'd like to know the specific reasons so that I can improve my resume."
In 2017, Blake purchased a new home. In addition to the purchase price of $200,000, he paid $700 in legal fees and $2,000 in recording costs. In 2019, he added a deck at a cost of $5,000. Blake's basis in his home is:
Answer:
$207,700
Explanation:
Blake's basis in his home in 2017 = purchase price + legal and administrative fees = $200,000 + ($700 + $2,000) = $202,700
Since the deck that Blake added to his home is considered an improvement that is permanent and increases the home's value, it will also increase the home's basis = $202,700 + $5,000 = $207,700
Amanda Roberts works a Monday Through Friday work week at a rate of 8.75$ per hour. She takes a 1 hour lunch break. If she clocks in each day at 8:45 am and leaves at 5:15 pm what is her total pay for the week?
In which career is it most important to exercise and take physical care of yourself?
A) therapist
B) child care provider
C) Interviewer
D) management
Answer: therapist
Explanation: i just took a test over this <3
When will the new Stranger Things season come out?
Possibly somewhere in early 2021. According to netflix.
Answer:
Around March 2021
Explanation:
Any examples of product for product proposal
Answer:
D'Harari belt i-FALAH production NURUL AQILAH FATIN SYARMIMI NUR AINAThe easy way to get fit.D'Harari belt i-FALAH production NURUL AQILAH FATIN SYARMIMI NUR AINAThe easy way to get fit.1.0 THE VISION • Our product will work with electric as a source to help women in getting slimmest body with good posture.Gary has been running a small supermarket for many years. He sells different types of perishables as well as seasonal products. Which of the following aspects of distribution does Gary need to consider?
A.
Provide more discounts on perishable products.
B.
Sell two to three food products together as a package to increase sales.
C.
Sell some products for free in order to finish the stock.
D.
Order the right quantity of goods, keeping their expiration dates in mind.
E.
Taste some of the food products to ensure their quality.
Answer:
Sell two to three food products together as a package to increase sales.
Explanation:
In most of the supermarkets, the concepts of the combo are used that means many supermarkets merge few products in one packet so than the company sales would be increased
Since in the question it is mentioned that Gary who runs a supermarket for many years. He deals in perishable and seasonal products
In order to cover the aspects of distribution, option B is correct as it is directly linked to the supermarket sales
Answer:
Order the right quantity of goods, keeping their expiration dates in mind.
Explanation:
Which career path includes the work duties of hiring and managing farm laborers? a career as a purchasing agent a career as a farm management advisor a career as a farm labor contractor a career as a food scientist
Answer:
B.) A career as a farm management advisor
Explanation:
Answer:
B
Explanation:
An _______ is an activity to get you thinking about your project including your role, the challenge and objectives. Question 4 options: obstacle course benchmark hour nap entry event
Answer:
obstacle course
Explanation:
An obstacle course helps your mind to focus on your project or activities and gets your thought process going.
your thoughts on copy right laws. What does it protect, who does it protect and what could happen if a copy right law is broken?
Answer:
I am not really sure but I believe copyright protects an idea that somebody created on their own. I don't believe it's a person though. Like for example in movies they issue a copyright so that other people couldn't. make that movie just by a little different in the story. Or songs so that people don't take the lyrics or the beat. The punishment is just paying a fine but it could be a big amount (how ever the court sees fit)
Levi has always wanted to be a lawyer, but the top career cluster for him, according to his personal assessment, is the Arts, A/V Technology, and Communications cluster. What would be a mistake for Levi after taking the personal assessment? giving up on being a lawyer researching the Arts, A/V Technology, and Communications career cluster talking about the test with a school counselor researching the Law career cluster
Answer:
A) Giving up on being a lawyer
Explanation:
Just because some test told Levi he was good at the Arts, A/V Technology and communications cluster. Doesn't mean it he has to give up on his goal.
Answer:
A. giving up on being a lawyer
Explanation:
Edge 2021
Yo, when I retire from teaching, I will have accumulated a variety of
supplemental income plans. This illustrates the economic goal known as
_______.
1. Customer relations is often used interchangeably with the term?
Answer:
There are several terms used to refer to customer service: customer relations, customer care, etc., but the ones that are the most often used interchangeably are customer support and customer service. Many people don’t think about the difference between customer service and customer support.
Explanation:
hope this helps :))
Assessment
3/10
Imagine you've used your own money to develop your business idea. Now you need more
funding to keep growing. Which financing method would be available to you at this
stage?
A. Debt financing
B. Angel investing
C. Venture capital
D. Going public
Ugh Inc.'s net income for the most recent year was $15,585. The tax rate was 40 percent. The firm paid $3,846 in total interest expense and deducted $2,525 in depreciation expense. What was the cash coverage ratio for the year? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.G., 32.16.) Cash coverage ratio times
Answer:
4.71
Explanation:
Cash coverage is a financial tool to calculate the proportion of available cash to interest expenses. It is useful in that it gives a deeper insight into available cash to offset interest expense and guide towards proper investment of cash.
Workings
Cash coverage ratio = cash + cash equivalent / interest expenses.
To arrive at the cash equivalent , depreciation is added back to the net income
Cash equivalent = 15,585+ 2,525 = 18,110
Interest expenses = 3,846
Cash coverage ratio = 18,110 / 3,846 = 4.71
This seems high and it is advisable that cash should be used for some short term investments to earn other profit
If the government were to set the price celling at 10 for this market for movie videos, what would happen? a) there will be a shortage of 100 movie videos b) there be a surplus of 800 movie videos c) The demand shift to the right d) The equilibrium price will increase
Answer:
well 10 movies to 100 movies it different but I'd like to learn more about movies so when I do I'll tell u till then bye
how long does it take to be an immigration lawyer and what’s the average salary?
Consistent with____recognition principle, companies record revenue at the time goods are provided to customers.
Answer:
Revenue
Explanation:
In finance, revenue recognition principle can be associated to acrrual accounting, it stated that recognition of revenue should only take place when revenue is earned or received, it shouldn't be when there is received cash. It helps to know periods that revenue is needed to be recognized.
It should be noted that Consistent with revenue recognition principle, companies record revenue at the time goods are provided to customers.
Hourly Wages
1. Hourly Rate $8.40
Hours Worked 40 hours
Find straight-time pay.
Answer:
336
Explanation:
Multiply 8.4 times 40 and you get 336.
I hope this helped.
When a calendar is made public, then anybody with the calendar's URL can: A. Modify the calendar. B. Delete the calendar. C. Change the calendar. D.View the calendar. E. Edit the calendar.
A calendar is made public, then anybody with the calendar's URL can View the calendar. The correct option is (D).
What do you understand by the calendar?A calendar is a diagram or object that shows the date, the day of the week, and frequently the entire year, broken down into months, weeks, and days.
An electronic calendar establishing reminders and notifications for significant events. setting aside time so that you can work uninterruptedly on important things. connecting to other mobile devices so you can always easily access your calendar.
Calendars are practical tools for remembering impending appointments, due dates, and achievements. They can assist you in seeing your schedule clearly and serve as a reminder of significant occasions, including work holidays and vacation days.
Therefore, a calendar is made public, then anybody with the calendar's URL can View the calendar.
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Caveat emptor as a legal principle continues to be recognized because _____. Sellers don’t want to be bothered with quality. The courts place some level of responsibility on consumers to make certain they know what they are buying and its general quality; otherwise, courts would be forever resolving small disputes. Common law is less expensive to enforce than more contemporary laws. Caveat emptor is no longer a recognized legal principle.
Answer:
The courts place some level of responsibility on consumers to make certain they know what they are buying and its general quality; otherwise, courts would be forever resolving small disputes.
Explanation:
This principle is based on the understanding that buyers have an opportunity to inspect the item, to have it inspected by a qualified professional, and to research its history before making a decision to buy. If the buyer, whether he takes advantage of this opportunity or not, chooses to buy the item, he cannot blame the seller for any deficiencies he may later discover.
Complete the sentence. As _____ increases, specialization increases as well
.A.division of laborB.physical capitalC.opportunity costD.voluntary exchange
Answer:
B. Division of labor
Explanation:
ap*x
From the given question the correct answer is option A
Division of laborAs a division of labor increases specialization increases as well.
This supports help to grow as a specialization of labor, for example, allows workers to perfect one task rather than focus on many.
When As workers become more adept at a specialized task, also they become more efficient, and also production increases.
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The number of minorities in the workforce is _____. a. diminishing b. increasing c. unchanging d. decreasing
Answer:
Option b (increasing) is the correct choice.
Explanation:
Business owners may use statistics on either the minority race demographic to select a representative sample of about there workers with either the aspects of the brand living nearby. The population group query has also been used to obtain a depend on a number element.The remaining three options are not relevant to the situation in question. It should be the correct solution to the above.
Answer:
it is b
Explanation:
hope this helps