Let (inverse) demand be Pb = 93 - 6 Qb and (inverse) supply be Pv = 29 + 2 Qv. Consider the shift in demand illustrated (the intercept of Pb moves by 14 ), which of the following is the most likely cause of the shift depicted: (1) A decrease in consumer income if the good is NORMAL; (2) A decrease in consumer income if the good is INFERIOR; (3) A decrease in the price of a substitute to the good; (4) An increase in the price of a complement to the good; (5) All of the above.

Answers

Answer 1

option (1) A decrease in consumer income if the good is NORMAL is the most likely cause of the shift depicted

The most likely cause of the shift depicted is an increase in consumer income if the good is normal. A shift in demand for a good happens due to a change in one or more determinants of demand, and it is indicated by the entire demand curve moving to a new position. The demand schedule represents a table that lists how much of a good people are willing and able to buy at different prices, while the demand curve is a graphical representation of the demand schedule, and it is downward-sloping. The determinants of demand include income, tastes and preferences, expectations, prices of related goods, and the number of consumers. An increase in consumer income, if the good is normal, causes an upward shift of the demand curve to the right because consumers have more disposable income to spend, and they are willing and able to purchase more of the good at each price. .The inverse demand function is Pb = 93 - 6 Qb, where Pb represents the price of the good, and Qb represents the quantity of the good demanded. The inverse supply function is Pv = 29 + 2 Qv, where Pv represents the price of the good, and Qv represents the quantity of the good supplied. Inverse functions can be used to find the equilibrium price and quantity by setting them equal to each other.  Therefore, the equilibrium price and quantity are found by solving

- 6 Qb = 29 + 2 Qv for Qb and Pv.

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Related Questions

You have decided to pursue a career in nursing. You are willing to relocate based on salary differences. The states you are willing to relocate to have the following average hourly wages: NY = $33.55, MA = $33.37, CA = $31.54, and FL $24.58. What is the mean salary for these options?

You have decided to pursue a career in nursing. You are willing to relocate based on salary differences.

Answers

Your answer :

The mean of salary for these options is $30.76\

hope I helped. :)

Davidson company has sales of $100,000, variable cost of goods sold of $40,000, variable selling expenses of $15,000, variable administrative expenses of $5,000, fixed selling expenses of $7,000, and fixed administrative expenses of $9,000. What is davidson’s contribution margin?.

Answers

Davidson’s contribution margin for the sale of goods would be : $40,000

What is contribution margin?

Contribution margin is a business' sales revenue less its variable costs. The resulting contribution margin can be used to cover its fixed.

Contribution margin is computed as:

= Sales - Total variable cost(Variable cost of goods sold + Variable selling expenses + Variable administrative expenses)

= $100,000 - ($40,000 + $15,000 + $5,000)

= $100,000 - $60,000

= $40,000

Therefore, Davidson’s contribution margin for the sale of goods would be $40,000

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13. The directors of a firm have to discuss the following topics. Which topic is least likely to be directly affected by
the government's influence on the firm?
A) health and safety laws
B) the interest it pays on borrowed money
C) the minimum wage it must pay its workers
D) the replacement of the director of finance​

Answers

Answer:

D) the replacement of the director of finance​

Explanation:

The replacement of the director of finance is an internal affair on the company. It is not subject to any government regulations, unlike the other options. In choosing the director of finance, the company directors will select the best candidate for the job according to their judgment. In deciding who will the next director of finance, the directors don't need to consult any other person or regulations.

A) Health and safety laws,  interest on loans, and the minimum wages are subject to regulation by government agencies such as OSHA for health and safety and the Federal Reserve for interest rates.

What is a safe feature that insurance companies may offer reduced rates for? a. Airbags b. Automatic seatbelts c. Antilock breaks.

Answers

Airbags and Antilock breaks is a safe feature that insurance companies may offer reduced rates for.

A vehicle insurance discount is a decrease in the monthly price you pay for your auto insurance. Insurance firms provide discounts to consumers as a strategy to entice them to buy their products and to reward them for exhibiting specific behaviors or qualities that are deemed to be less hazardous.

Depending on the insurance provider and personal circumstances, there are several sorts of vehicle insurance discounts for which you can qualify. Having numerous vehicles insured with the same provider, maintaining a spotless driving record, doing well in school, completing a defensive driving course, or having safety equipment on your vehicle, such as airbags or anti-lock brakes, are a few examples of frequent ways to receive discounts on your auto insurance.

Option A and C is the correct answer.

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what are job responsibitiltes

Answers

Explanation:

we have to do all the work of our employees and we have to respect our employees and our seniors and to do lot of work mark brainleast please plz plz please please please please please please please please please please please please please please please please please please please

help fast! Ed and Maria’s gross monthly income is $3,700 and monthly debt is $2,500. What is their debt-to-income ratio to the nearest percent?
A. 53%
B. 68%
C. 82%
D. 25%

Answers

Answer is A. 53% Good luck

Answer:

C. 68

Explanation:

Do you think every working American needs a 401(k) account or an IRA? Why or why not?


No links
Need ASAP

Answers

Answer:

Both 401(k) accounts and IRAs are retirement savings accounts that allow individuals to save for retirement on a tax-advantaged basis. Contributions to these accounts are tax-deductible, and the earnings on the investments grow tax-free until they are withdrawn during retirement.

There are some benefits to having a 401(k) account or an IRA. They allow individuals to save for retirement in a tax-efficient way, and can provide a significant source of income during retirement. In addition, many employers offer matching contributions to 401(k) accounts, which can be a valuable incentive to participate.

However, there are also some drawbacks to these types of accounts. For example, they are subject to market fluctuations and the investment risk is borne by the individual. In addition, there are limits on how much can be contributed each year, which may not be enough to provide for a comfortable retirement.

Whether or not every working American needs a 401(k) account or an IRA depends on individual circumstances. For some people, these accounts may be a valuable tool for saving for retirement. For others, different types of retirement savings accounts or strategies may be more appropriate. Ultimately, it is up to each individual to determine the best approach for their own retirement planning.

Which of the following is counted in the money supply?

Barter
Currency
Personal debt
Mortgage balances

Answers

The option that tells us what is counted in the money supply would have to be Mortgage balances.

What is meant by money supply?

This is the term that is used to refer to the total amount of money that is in circulation in a particular economy at a period of time. It is the money that is in circulation that the people especially households and businesses would use in their daily transactions in the economy at  a period of time.

Hence we would have to conclude that the The option that tells us what is counted in the money supply would have to be Mortgage balances.

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Answer:

B. Currency.

Explanation:

Took the test and got ir right.

Have a nice day!

What is the purpose of the Subtotal feature?

Answers

Use the SUBTOTAL function to exclude filtered or hidden rows when calculating a total. You can choose any one of the 11 functions that SUBTOTAL can calculate, such as Sum, Average, Count or Max. Hope this helps!!

Latrice, Jorge, Francesca, and Seamus are on a team tasked with producing a document on educational assessment. Each of them will contribute to the document as they work collaboratively. This is a process known as:_______.
A. group writing.
B. multitasking.
C. collaborative technology.
D. the virtual watercooler.

Answers

Answer:

it's either a or c I believe

Disadvantages of choosing a job that is extremely popular or in demand

Answers

The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

What is a high demand job?

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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How can you create an effective climate when discussing matters
of importance with coworkers, clients, vendors, superiors, and
employees.?
What factors should be considered when creating that
climate?

Answers

To create an effective climate when discussing matters of importance with coworkers, clients, vendors, superiors, and employees, it's important to maintain a positive and respectful attitude, listen actively, and be clear and concise in communication.

Some factors to consider when creating such a climate include the purpose of the discussion, the relationship between the parties involved, the timing and location of the discussion, and the tone and language used.

It's also important to consider the cultural and individual differences of those involved and be willing to adjust one's communication style accordingly.

Ultimately, creating an effective climate requires a willingness to be open-minded, empathetic, and collaborative in approach.

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Apples are selling for .15 cents per apple. The amount you buy is 823 apples, and you decide to sell those apples for .75 cents per apple. What is the total revenue for selling these apples?

Answers

Answer:

123.45 cents

Explanation:

Revenue = price per unit x quantity sold

0.15 x 823 = 123.45

True or False. If the average salary of an accountant increases by 50% while the average salary of teachers increase by 20%, we would expect students to shift majors from education to accounting because people respond to incentives.

Answers

True. People are prone to react to financial incentives, so if the average wage of an accountant rises by 50% whereas the average annual salary of a teacher rises by 20%.

What is an example of an incentive?

Extra vacation time, awards, gifts, family benefits, or even work-related perks like projects are a few examples of these incentives. These kinds of rewards tend to increase job satisfaction among employees because they make them feel like their efforts are valued more.

What do incentives mean in the business world?

An object, valuable item, desired action, or event is referred to as a "incentive" if it prompts an employee to engage in more of the activity that the employer wanted them to by way of the selected incentive.

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When the United States spends money on education, does this cause the nation's GDP to grow or decline?

Answers

Answer:

the gdp of the united states stays the same because the money the put into it is the tax payers money

Explanation:

If you get 20% off of an item that is now $320, what was the original price before the discount?

Answers

The original price would be 400$ :)

Question 5 of 10
For accountants, which of the following is the most important consequence
of the unethical use of technology?
A. the threat to the reliability of accounting systems
OB. the direct and indirect loss of revenue
C. the possibility that privacy will be compromised
D. the loss of trust in the accounting profession
SUBMIT

Answers

The most important consequence of the unethical use of technology for accountants is the threat to the reliability of accounting systems (option A).

What are accounting systems?

Accounting systems are described as the controls, procedures, and processes in accounting. The main purpose of accounting systems is to make a summary and record the different business transactions in a way that will allow the creation of reports, and enhance operations.

If the accountants are unethically using technology, then it will directly impact the accounting processes, and transaction records of businesses, and the financial report will produce erroneous results and will highly degrade the decision-making process.

It can be concluded that the most important consequence of the unethical use of technology for accountants is the threat to the reliability of accounting systems (option A).

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Answer: The loss of trust in the accounting profession

Explanation: believed the other person aaaannnnnddddd got it wrong

Do you see the lottery as a form of entertainment or
a solid investment?

Answers

The lottery can be considered as a form of entertainment rather than a solid investment. Lotteries are usually designed to be a form of entertainment, allowing people to participate and dream of winning large sums of money. Lotteries are more frequently seen as a form of gambling, similar to other types of gambling games that are intended for entertainment purposes rather than investment purposes.

Lottery participants don't really anticipate earning money through their participation; rather, they engage in the event to amuse themselves and take pleasure in the possibility of winning a life-changing amount of money. It is critical to recognize that participating in the lottery is usually an act of chance rather than an investment and that the money paid on lottery tickets is frequently regarded as entertainment expense rather than investment expense.

While the lottery may pay out considerable sums of money to some winners, the odds of winning are normally low, and it is not a guaranteed investment. The chances of winning the lottery are significantly worse than the chances of earning money through other investment methods, such as buying stocks, bonds, and other assets.

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how does 2022 versa’s electric power-assisted steering enhance fuel efficiency?

Answers

It should be noted that Versa’s electric power-assisted steering enhances fuel efficiency as it doesn't rely on engine power.

Electric power assisted steering refers to any type of power steering wheel that is used to attenuate the effort of the driver that's required to steer the vehicle.

The 2022 Versa’s electric power-assisted steering enhance fuel efficiency because it doesn't rely on engine power.

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Why is it common for producers of services to sell through short distribution channels directly to the end user

Answers

Answer: “The people providing the service often fo so by interacting directly with the user”

Explanation: just took the quiz

Answer: B. The people providing the service often fo so by interacting directly with the user

Explanation: I just took the quiz and the answer was correct

what is buisness studies​

Answers

Answer:

This is an academic subject taught in schools and at high college levels.

Explanation:

Its studies combines elements of finance, marketing,e.t.c.

Hope this helps you.

I also do this.

the roles of internal auditors

Answers

Answer:

Objectively assess a company's IT and/or business processes.

Assess the company's risks and the efficacy of its risk management efforts.

Ensure that the organization is complying with relevant laws and statutes.

Evaluate internal control and make recommendations on how to improve.

The computer accessories that Javier is making and
selling are bringing in a substantial amount of money
for him. Inspired by this success, he decides to hire two
people and expand his business.
A.international competition
B.consumer sovereignty
C.wealth creation
D.property rights
E.profit motive

Answers

Answer:

E. Profit motive

Explanation:

Profit motive can be defined as the intention, motivation or desire to form a business or engage in business ventures so as to generate financial (monetary) gains.

This ultimately implies that, profit motive is a desire for monetary gains (profits) which motivates a business owner to engage in the sales of finished goods or services.

Hence, profit motive is the premise on which all businesses are built on because the ultimate goal of every business is to achieve financial gains.

In this scenario, the computer accessories that Javier is making and selling are bringing in a substantial amount of money for him. Inspired by this success, he decides to hire two people and expand his business.

Thus, this is an example of profit motive.

Inseparability in services refers to the fact that.

Answers

Inseparability refers to : The consumer cannot distinguish between the service provider from the service itself.

What Is Service Inseparability?

Service inseparability means that the production and consumption of a service can't be separated from the provider of that service. It also requires that a customer is physically participating in the consumption of the service.

The above means every part of the experience is tied together. A customer can't separate the consumption of the service they've purchased from the provider.

Hence, Inseparability means consumer cannot distinguish between the service provider from the service itself.

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2. Complete the table below by identifying the costs of retirement, including living expenses (the sum of rent/mortgage, utilities, food, gas, etc.), healthcare expenses, and long-term–care expenses. Conduct research to determine the cost of retirement for a single person retiring this year.

2. Complete the table below by identifying the costs of retirement, including living expenses (the sum

Answers

Answer:

Estimated monthly total is: 24,974

Explanation:

Living expenses- $5,378

Healthcare expenses-$9,596

long-term care expenses- $10,000

Estimated monthly total is 24,974

The way that Nederlander's Audience Rewards program works is that patrons and new customers get free membership and are entered into the ticketing system. When they buy tickets, they collect points and are able to redeem them for free or discounted tickets and other rewards. Which of the following consumer sales promotion methods is the program based on?
A. Consumer games
B. Frequent-user incentives
C. Coupons
D. Cents-off offers

Answers

Answer:

B. Frequent-user incentives

Explanation:

Consumer sales promotion refers to the techniques that are adopted by the marketing team of the company to fascinate and excite the customers to buy the products. Customer incentive programs are one of the methods of sales promotion. In this method, the customers are provided with additional benefits via redeeming the points they collect when they purchase the products. This method also helps in maintaining customers by offering such incentives to them.

In the given excerpt, Nederlander's audience rewards program is an example of a frequent-user incentive method of consumer sales promotion.

The library has hundreds of database options for you. find databases for a topic and decide which database to use.
Select 2 databases that might be potential information sources for a topic of your choice.
Database 1: Name of Database:
What details from the database descriptions led you to select these two databases
What types/formats of material does it cover?
What search modes (basic, advanced, etc.) are offered?
What special menus or tools are available?
In what ways can you limit or refine? (date? By language?, etc?)
Database 2: Name of Database:
What details from the database descriptions led you to select these two databases
What types/formats of material does it cover?
What search modes (basic, advanced, etc.) are offered?
What special menus or tools are available?
In what ways can you limit or refine? (date? By language?, etc?)

Answers

Databases of published works, including books, journals, and other documents, are known as bibliographic database because they hold descriptions of these works. They frequently contain data like the title, author, publisher, and publication date.

A bibliographic database contains entries from several sources of literature. An organized online database of citations to published written works, including journal and newspaper articles, conference proceedings, reports, government and legal documents, patents, and books. As opposed to library catalogue entries, the bulk of records in bibliographic databases describe articles and conference papers as opposed to whole monographs, and they often have extremely detailed topic descriptions in the form of keywords, subject categorization phrases, or abstracts.

A bibliographic database could focus on a single academic discipline, like computer science, or it might cover a broad variety of subjects.

By way of a license arrangement with vendors or directly from their creators, the indexing and abstracting services, a sizable number of bibliographic databases are offered under a brand name.

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Salt foods purchases forty $1,000, 7%, 10-year bonds issued by pretzelmania, incorporated, for $37,282 on january 1. The market interest rate for bonds of similar risk and maturity is 8%. Salt foods receives interest semiannually on june 30 and december 31.

Answers

The market interest rate for bonds of similar risk and maturity is 8%. Salt foods receives interest semiannually on june 30 and December 31. The appropriate journal entry is: Debit Investment $37,282, Credit Cash $37,282.

How to prepare the journal entry?

a. Debit Investment $37,282

Credit Cash $37,282

(To record the purchase of bonds)

b. Debit Cash $1,400

[($1,000 × $40) × 0.07 × 6 ÷ 12)]

Credit Investment  $91

Credit Interest revenue

($37,282 ×8% × 6 ÷ 12) $1,491

(To record semi- annual interest revenue)

Therefore the entry is the appropriate journal entry is: Debit Investment $37,282, Credit Cash $37,282.

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The complete question is:

Salt Foods purchases forty $1,000, 7%, 10-year bonds issued by Pretzelmania, Inc., for $37,282 on January 1. The market interest rate for bonds of similar risk and maturity is 8%. Salt Foods receives interest semiannually on June 30 and December 31.

Record the investment in bonds.2. Record receipt of the first interest payment on June 30.

in september, the board of directors of chaparral steel approved a stock split of 3-for-2. after the split, how many shares of chaparral steel stock will an investor have if he or she owned 400 shares before the split?

Answers

An investor will have 600 shares if he or she owned 400 shares before the split.

Given,

Split Ratio = 3:2

Pre-split shares of chaprral steel stock = 400

According to Stock-split formula,

Total number of shares post stock split = number of shares held x number of new shares issued for each existing share.

Post split shares = 400 x (3/2)

= 600 shares

Therefore, the total number of shares he/she will own after the stock split will be 600 shares.

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Fter the accountant analyzes the impact of a transaction on the accounting equation, the next step in the measurement process is to_______.

Answers

After the accountant analyzes the impact of a transaction on the accounting equation, the next step in the measurement process is to record the transaction in the appropriate accounting journals or ledgers.

Once the accountant has determined how the transaction affects the accounting equation (Assets = Liabilities + Equity), they need to record the transaction in the company's books. This involves identifying the specific accounts that are impacted by the transaction. For example, if a company receives cash from a customer, the accountant would record an increase in the Cash account and an increase in the Revenue account.

The transaction is then recorded in the appropriate journal or ledger. Journals are used to record transactions in chronological order, while ledgers organize transactions by account . In the journal, the accountant would record the date of the transaction, the accounts impacted, and the specific amounts involved.  After recording the transaction in the journal, the accountant would transfer the information to the appropriate ledger accounts.

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