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1 year ago

Pet care salons, skin clinics, and day care centers are all examples of businesses operating in the?

1 answer:

6 0

Pet care salons, skin clinics, and day care centers are all examples of businesses operating in the <u>service industry</u>.

Service industry is an industry in the part of the economy that creates services rather than tangible objects. These service industry provides a service but does not produce anything.

The industries based on service are an important part of society for a variety of reasons, including- delivering essential services to the public. Pet care salons, skin clinics, and day care centers are all examples of businesses operating in the service industry. These services too generate income.

Hence, service industry play an important role in society.

To learn more about Service industry here:

brainly.com/question/18310687

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Higher income taxes cause a ____________ shift of the labor supply curve, which then produces __________ Real GDP. a. leftward;

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Answer:

Option (d) is correct.

Explanation:

If there is an increase in the income taxes then as a result there is a leftward shift in the labor supply curve and we know that labor supply curve indicates the the amount of labor hours workers devoted towards the production of the goods. Hence, this will lead to a reduction in the real GDP as there will be less working hours devoted by the workers because of the higher income taxes.

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2 years ago

You manage a risky portfolio with an expected rate of return of 22% and a standard deviation of 35%. The T-bill rate is 6%. Your

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Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

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3 years ago

In a free market, how might Italian restaurants react to a shortage of pizza?

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They would raise the price so not as many people will order it I believe

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2 years ago

For each of the following products and services, indicate whether it is more likely produced in a process operation or in a job

lord [1]

Answer:

Process operations are for when there are multiple goods to be produced. These products normally have the same specifications so can be mass produced.

This is different from Job order operation which is used when a single good is product. It is usually used for customized goods.

Process operations:

Beach towels
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Job Order operation

Designed patio.

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2 years ago

Robust Inc. has the following information related to an item in its ending inventory. Product 66 has a cost of $812, a replaceme

Radda [10]

Answer:

$775

Explanation:

In inventory valuation , inventory are valued at the lower of cost to replace an item of inventory and the net realizable value.

The net realizable value is the proceed earned from the disposal of an inventory less the cost related to the disposal.

In the scenario described in the question , The replacement cost for product 66 is $775 while the net realizable value is $800. Therefore , the final inventory valuation will be the lower of $775 and $800 which is $775

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2 years ago