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1 year ago

Public transportation is an inferior good. if consumers' incomes decrease, this will cause:____.

1 answer:

8 0

Public transportation is an inferior good. if consumers' incomes decrease, this will cause Demand for public transportation to increase- a rightward shift .

Transport (British English) or transport (American English) is the movement of people, animals, or goods from one place to another. In other words, transport activity is defined as the specific movement of an organism or thing from point A (location in space) to point B. and spaces.

This area can be divided into Infrastructure, Vehicles, and Operations. Transportation enables trade between peoples, which is essential to the development of civilization.

Transportation infrastructure includes fixed assets such as roads, railroads, airways, waterways, canals, and pipelines, as well as fixed assets such as airports, railway stations, bus terminals, warehouses, truck terminals, and fuel stations (including petrol and service stations). terminal, and seaport.

The terminal can be used for passenger and cargo exchange, as well as maintenance.

Learn more about Transportation here. brainly.com/question/27667264

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A decrease in the wage rate of pizza makers will cause a movement from Point B on supply curve Upper S 2 to ______________.

xenn [34]

Answer:

D. supply curve Upper S 3

Explanation:

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2 years ago

A journal entry for a $210 payment to purchase office supplies was erroneously recorded as a debit to Office Supplies for $550

Ludmilka [50]

Answer:

The sum of the debits will exceed the sum of the credits by $340. (None of the options given).

Explanation:

The right posting on the payment of $210 for the purchase office supplies would be;

Debit office supplies account $210

Credit Cash account $210

However since the debit to office supplies was $550 which is 340 (i.e $550 - $210) more than what the amount to have been posted is, it means that the sum of the debits will exceed the sum of the credits by $340.

3 0

3 years ago

US Apparel (USA) manufactures plain white and solid-colored T-shirts. Budgeted inputs include the following

Artemon [7]

Answer:

A) USA will not be better off switching to the new dye since the cost is greater than the Fine

B) $118076

C) The reduction in material/fabric cost can be achieved by the reduction in material wastage and in the use of quality materials

while the reduction in labor cost can be achieved by Hiring well trained employees with the necessary skillset

Explanation:

A) Determine If the USA be better off using the new dye

Units of clothes to be dyed = 50,000

Difference in cost = [ 4 ( 1.25 - 0.5 ) ] = 4 * 0.75 = $3

Total cost of using the new dye = 50000 * $3 = $150,000

Fine = $130,000

hence USA will not be better off switching to the new dye since the cost is greater than the Fine

B) Determine by how much overall cost will be reduced at the end of 12 months using Kaizen costing

condition : reduce fabric and labor cost by 1%

Original Monthly Costs without the use of Kaizen Costing =( Total Units/Number of Months)*(Fabric Cost per Unit + Labor Cost per Unit)*Number of Months

= [( 10000 + 50000 )/12 ) * ( 6 + 4 ) ] *12

= [ 5000 * 10 ] *12 = $600,000

Applying kaizen costing

Given: Fabric cost per unit = $6 , Labor cost per unit = $4

Total units of production = 10000 + 50000 = 60,000

Kaizen costing formula per month = [ (cost per unit * total units / 12 ) - ( 1% of cost per unit * total units / 12) ]

Total annual cost using Kaizen costing = $56807.61

difference in cost = $600,000 - $568076 = $31924

with the new dye and Kaizen costing the overall cost will be change by $118076 i.e. ($150,000 - $31924) = $118076

C ) The reduction in material/fabric cost can be achieved by the reduction in material wastage and in the use of quality materials

while the reduction in labor cost can be achieved by Hiring well trained employees with the necessary skillset

5 0

3 years ago

Fund flows that occur within a quarterly reporting period are referred to as _______________ cash flows.

valentina_108 [34]

Answer:

The options are

A. Inter period

B. Intra period

C. Regular

D. Irregular

The answer is B. Intra period

Intra period cash flow is defined as the flow which occurred in a certain period of time. In the example above , the cash flow occurred within quarterly reporting period of time.

6 0

2 years ago

____ consumption occurs when consumers "set apart" objects and events from normal activities and treat them with respect. ____ c

solong [7]

Answer:

Sacred consumption
Profane consumption

Explanation:

This differentiation is based on special religious events (e.g. religious holidays) that considered some goods as sacred, while profane had to do with everyday life.

Some modern marketing strategies try to build sacred brands. For example, Google has become our God of all knowledge and no one even dares to challenge that almost religious belief. Anyone can make their own coffee or buy coffee at any coffee shop, but Starbucks is different, it has built a sense of emotional connection with the public. It's not any coffee that we need or want.

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3 years ago