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jeka94
1 year ago
10

The price of ______ goods is a determinant of demand.

Business
1 answer:
ryzh [129]1 year ago
6 0

Generally, the price of <u>other goods</u> is an important determinant of demand for a product.

<h3>What are the determinants of demand? </h3>

The determining factor for demand level of a product includes changes in income, prices of related goods, consumer expectations, consumer tastes etc.

Therefore, the price of <u>other goods</u> is an important determinant of demand for a product.

Read more about determinants of demand

<em>brainly.com/question/23195830</em>

#SPJ1

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Suppose the government decides that every family should own its own home. To bring this about, the government decides to subsidi
Kryger [21]

Answer:

The correct answer is option d.

Explanation:

If the government provides subsidies to home construction company it will reduce their cost of producing homes. So at the earlier cost, they will be able to provide more homes. This will cause the supply of homes to increase. This will cause a rightward shift in the supply curve.

At each price, the number of homes supplied by the companies will increase.

8 0
3 years ago
Angelica Canizales is the CEO of Mucho Dinero Enterprises. Sales have declined for four consecutive years and the firm's account
Mariulka [41]

Willie appears to be an important part of the informal Organization

Explanation:

The informal organization comes from the purposeful development of a system of interactions. Willie has little influence in the formal association, but love for him in the department of development makes it very important for him to engage in the informal organisation.

The primary role of informal organizations is essentially to preserve people's values and beliefs. If you can socially associate yourself, you always feel a sense of cohesion. As a result, an informal organization has another function that will provide members with social satisfaction.

8 0
3 years ago
A(n) ____ strategy requires little initial investment, is heavily regulated, and provides little opportunity to modify products
Leni [432]

<span>The answer to this question is importing/exporting strategy. Importing is when a product is being brought into the country because they lack of these products or services. While in exporting, this is when a business is increasing its market by supplying its products and services to a different country.</span>

6 0
3 years ago
A firm has a market value equal to its book value. Currently, the firm has excess cash of $300 and other assets of $6,200. Equit
Jlenok [28]

Answer:

new earnings per share is $1.53

Explanation:

Given data

excess cash = $300

Equity is worth = $5,000

other assets = $6,200

stock outstanding  = 500 shares

net income = $720

to find out

new earnings per share

solution

we know that equity per value is Equity / stock outstanding

that is

equity per value = (5000 / 500) = 10

equity per value = $10

and

we can purchase equity with excess cash $300 that is

= excess cash / equity per value

purchase equity with excess cash = (300 / 10)  = 30

purchase equity with excess cash = 30 shares

so

after repurchase we have balance share is =  (500 - 30) = 470

balance share = 470 shares

so that

new earnings per share will be = net income / balance share

new earnings per share =  (720 / 470) = 1.53

new earnings per share is $1.53

8 0
3 years ago
Nancy sold her personal residence on June 30 of this year under an agreement in which the real estate taxes were not prorated be
meriva

Incomplete question. Here's the full question:

<em>Nancy paid the following taxes during the year: </em>

<em>Tax on residence (for the period from March 1 through August 31) =$5,250</em>

<em>State motor vehicle tax (based on the value of the personal use automobile) =$430</em>

<em>State sales tax =$3,500</em>

<em>State income tax =$3,050</em>

<em>Nancy sold her personal residence on June 30 of this year under an agreement in which the real estate taxes were not prorated between the buyer and the seller.</em> What amount qualifies as a deduction from AGI for Nancy? a. $9,180b. $9,130c. $7,382d. $5,382 e. None of the above

Answer:

<u>c. $7,328</u>

Explanation:

Remember, Nancy <em>transferred</em> ownership of her personal residence on June 30, but she received tax on residence for 2 extra months (July and August).

The amount that qualifies for tax deduction therefore is;

121 days (Four months of her stay) / 184 days (six months period) × $5,250

+

$430

+

$3,500] = $7,382.

She likely deducts from the state sales tax with a higher amount than from the state income tax.

4 0
3 years ago
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