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1 year ago

Holding the nonprice determinants of demand constant, a change in price would:

1 answer:

7 0

Holding the nonprice determinants of demand constant, a change in price would result in either a decrease in demand or an increase in demand.

An alternate in a nonprice determinant changes the relationship between rate and amount demanded, either increasing or reducing the amount demanded at every rate. on occasion referred to as non-very own-rate determinant. A boom or decrease in the amount demanded of an awesome, service, or resource at each fee.

The demand curve shifts horizontally. A surplus will arise in a market if: the quantity provided at a given rate exceeds the amount demanded at that rate.

Whilst a nonprice determinant of demand modifications calls for curve shifts, there may be a boom or lower in demand. when the rate of great adjustments, we move along the demand curve to a new factor on the curve, and there's a boom or lower in quantity demanded.

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Nicky makes $25,000 a year as a sales clerk. He then decides to quit his job to enter a MBA program full-time (assume Nicky does

Mrac [35]

Answer:

40,000

Explanation:

There is no alternative

So the correct answer for this question is 40,000

Total cost= explicit cost + implicit cost=15,000+25,000=$40,000

1: 15,000+25,00 =

2: Answer found

Answer: 40,000

Hope this helps.

5 0

3 years ago

A house has a total cost new of $212,340. It is 12 years old and has an estimated remaining economic life of 38 years. The cost

BaLLatris [955]

Answer:

$ 46,000

Explanation:

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7 0

3 years ago

The study of how to increase the amount of available resources and create conditions that will make better use of these resource

Tcecarenko [31]

Answer:

The correct answer is: Resource development.

Explanation:

Resource development refers to the study of how to optimize the limited resources individuals have to satisfy their needs or that companies possess to manufacture their products. Resource development implies the analysis and implementation of practices that will lead to the effective allocation of resources to maximize the output benefit.

3 0

3 years ago

Jay's motivation to work decreased after he found out that newly recruited sales representatives are offered double what he was

Juliette [100K]

Answer:

(d) Equity theory

Explanation:

Equity theory is based in the idea that individuals are motivated by fairness, and if they identify inequities in the input or output ratios of themselves and their referent group, they will seek to adjust their input to reach their perceived equity. In this scenario Jay was demoted by the unfair treatment he received when compared to the treatment of the newly recruited sales representatives.

8 0

3 years ago

Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries,

Firdavs [7]

The total amount of deductions Marc and Michelle are going to get is $24750.

The taxable income of Marc and Michelle is $47750.

Further Explanation:

Income Tax: It is the additional charge on an individual’s income which he/she needs to pay to the government. The taxable income is calculated by adding all the incomes and deducting all the deductions which an individual can claim on his/her income.

Compute the total amount of deductions available for Marc and Michelle:

Total Deduction Available

= Higher of Standard Deduction for MJF and Itemized Deduction + Personal and Dependency Exemptions

= Higher of $12600 and $6000 + $12150 ($4050×3)

= $12600 + $12150

=$24750.

Therefore, the total deductions available to Marc and Michelle are $24750.

Gross Income of Marc and Michelle

= Salary of Marc + Salary of Michelle + Interest Earned on Corporate Bonds

= $64000 + $12000 + 500

= $76500.

Total Taxable Income of Marc and Michelle

= Gross Income – Qualified Moving Expenses – Alimony Paid – Total Deductions

= $76500 - $2500 - $1500 - $$24750

= $47750.

Therefore, the total taxable income of Marc and Michelle is $47750.

Learn More:

1. Learn more about the tax on the profit from selling the fixed assets

brainly.com/question/2617534

2. Learn more about the personal tax

brainly.com/question/1762937

3. Learn more about the role of money

brainly.com/question/12984919

Answer details:

Grade: Senior School

Subject: Taxation

Chapter: Income Tax

Keywords: Taxable income, Marc and Michelle, Deductions, salary income, earned, corporate bond interest, interest on municipal bond, standard deductions, US tax brackets.

4 0

2 years ago

Read 2 more answers