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Llana [10]
2 years ago
6

If an increase in consumer incomes leads to a decrease in the demand for camping equipment, then camping equipment is?

Business
1 answer:
Margaret [11]2 years ago
6 0

The equipment is normal good.

A normal good, often known as a required good, refers to the degree of demand for the product in relation to wage growth or contraction rather than the quality of the good itself.

The link between income and demand for a typical good is elastic. To put it another way, changes in income and demand are connected positively or move in the same direction. The amount by which the quantity desired for a good changes in response to a change in the  income is measured as income elasticity of demand.

Therefore, the answer is normal goods.

To know more about normal goods click here:

brainly.com/question/14421171

#SPJ4

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A manufacturing company has variable overhead costs of $2.50 per unit and fixed costs of $5,000 per month. Each unit requires 4
Verdich [7]

Answer:

Standard Overhead rate is $1.25 per Direct labor hours

Explanation:

Total variable cost (2000 unit * $2.50) =    $5,000

Total fixed cost                                       =    <u>$5,000</u>

Estimated Overhead cost                     =     <u>$10,000</u>

<u />

Estimated Direct labor hour = 2000 unit * 4 hours = 8,000 hours

Standard Overhead rate = Estimated overhead cost / Estimated Direct labor hour

Standard Overhead rate = $10,000 / 8,000 hours

Standard Overhead rate = $1.25 per Direct labor hours

8 0
4 years ago
Sometimes it is necessary to _____ after installing a new software program and before using it the first time.
MariettaO [177]
It would be run a system diagnostic or restart. depending on the program
4 0
3 years ago
A house is closed on October 15. The annual insurance payment is $578 for the fiscal year of July 1 to June 30. The buyers will
Brums [2.3K]

Answer:

$313

Explanation:

In order to divide the insurance bill between the seller and the buyer, we must first determine the insurance cost per month. We first divide the total premium by 12 months = $578 / 12 = $48.17 per month.

The seller is responsible for paying insurance during June, July, August, September and half of October (15 days). So the seller's share of the bill = 5.5 months x $48.17 = $264.92 ≈ $265

So the buyer owes the seller the difference between the total premium paid and $265 = $578 - $265 = $313

5 0
3 years ago
What is engineering?​
dolphi86 [110]

Answer:

Engineering is an occupation with an extremely wide reach. The term 'engineering' covers many fields and, by extension, many skills. Engineers are scientists, inventors, designers, builders and great thinkers and improve the state of the world, expand human capability and make people's lives safer and easier.

Engineering skills include:

  • The scientific method
  • Social, cultural and economic awareness  
  • Mathematics
  • Biology, chemistry, physics and other areas of science
  • Creativity
  • Teamwork
  • Where science is involved with designs, buildings, use of engines, machines, and structures.
5 0
3 years ago
Read 2 more answers
1. Complete as frases com a forma correta do verbo to be (am, is, are)
djverab [1.8K]

Complete Question:

Complete the sentences with the correct form of the verb to be (am, is, are).

Answer:

a) is.

b) are.

c) am.

d) is.

e) are.

f) is.

g) is.

h) are.

Explanation:

A verb is one of the parts of speech in English language. Verbs can be defined as any word that describes an action, occurrence, or state of existence. Some examples of verb are dance, sing, walk, play, run, sit, etc.

A present continuous tense is simply used to describe an action that is being performed at the moment (on-going) or an unfinished action.

Completing the sentences with the correct form of verb, we have;

a) She is studying maths.

b) They are having breakfast.

c) I am drinking lemonade.

d) It is raining at the moment.

e) You are sitting in my chair

f) He is listening to music.

g) My sister is doing her homework.

h) Her children are making dinner.

7 0
3 years ago
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