Answer:
This is the rest of the question:
Crystal: You really think households would change their saving behavior enough in response to this to make a difference? Because I don't.
The disagreement between these economists is most likely due to _____
Explanation:
The answer is that their disagreement is most likely due to differences in scientific judgments of normative statements.
Normative statements are those that tell us "what ought to be", that recommend something. In this case, Crystal and Brian disagree whether an income tax or a consumption tax influences saving behaviour more. They are economists who have differing scientifc views on the possible effects of both types of taxes.
False, since higher prices pushes away consumers but lower prices increases consumers.
Answer: This implies that the cross elasticity of demand between orange juice and apple juice is <u>0.5.</u>
Explanation:
The cross elasticity of demand is evaluated as:
Price of orange juice increased by 20 percent, which resulted in a 10 percent increase in the quantity of apple juice consumed.
The cross elasticity of demand
The cross elasticity of demand = 0.5
Hence, This implies that the cross elasticity of demand between orange juice and apple juice is <u>0.5.</u>
Explanation:
You can use AutoSum to quickly sum a range of numbers in a column or row
Answer:
The correct answer is $97,000.
Explanation:
According to the scenario, the computation of the given data are as follows:
We can calculate the net cash provided by using the following formula:
Net cash = Net income + Depreciation expense - Gain on sale of land - Increase in merchandise inventory + Increase in accounts payable
By putting the following value in the formula, we get
Net Cash = $86,600 + $13,300 - $7,000 - $3,350 + $7,450
= $97,000
Hence, the net cash provided is $97,000.