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grigory [225]
1 year ago
5

If the demand for steak (a normal good) shifts to the left, the most likely reason is that:______.

Business
1 answer:
S_A_V [24]1 year ago
4 0

If the demand for steak (a normal good) shifts to the left, the most likely reason is that consumer income has fallen.

<h3>What is a normal good?</h3>

Normal goods are goods that are goods whose demand increases when income increases and falls when income falls.

The demand curve shows the relationship between price and quantity demanded. A shift to the left of the demand curve indicates that demand has decreased.

To learn more about normal goods, please check: brainly.com/question/2934596

#SPJ1

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Jade is concerned about her risk of osteoporosis. to help reduce her risk of this condition, jade should ________.
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The correct answer is Physical Activity Level.

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3 0
3 years ago
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A new understanding that has emerged from the research in neuropsychology is that:
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8 0
3 years ago
A corporation's legal capital:
Fantom [35]

Answer: d. Is established to protect the corporation's creditors.

Explanation:

A corporation's legal capital is the part of a company's equity that absolutely cannot be allowed to leave the company. It is illegal to distribute them as dividends or any other means.

The purpose of this is to ensure that the creditor's rights to assets in the company are protected in the event that some mishap should befall the company.

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3 years ago
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Jared Beverage Corporation uses a process costing system to collect costs related to the production of its celery flavored cola.
Alex787 [66]

Answer:

$63,000

Explanation:

The computation of cases of cola were completed and transferred to Finished Goods Inventory during January is shown below:-

Completed and transferred to finished goods inventory is

= Case of cola as on Jan 1 work in process + completed & transferred out - ending work in process as on Jan 31

= $5,000 + $65,000 - $7,000

= $63,000

Hence, the number of cases of cola is $63,000

4 0
3 years ago
Assume that Speedboat Company has beginning finished goods inventory of $10,000; ending finished goods inventory of $150,000; go
gtnhenbr [62]

Answer:

$60,000

Explanation:

The movement in finished goods balance between the beginning and end of a period is due to the cost of goods sold and goods manufactured. This may be expressed mathematically as;

Opening balance + manufactured goods - cost of goods sold - other write-offs = closing balance.

where there are no other write-offs,

$10,000 + $200,000 - cost of goods sold = $150,000

Cost of goods sold = $10,000 + $200,000 - $150,000

= $60,000

7 0
4 years ago
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