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1 year ago

If a decrease in income leads to an increase in the demand for sardines then sardines are?

1 answer:

7 0

If a decrease in income leads to an increase in the demand for sardines then sardines are an<u> inferior good.</u>

What is demand?

Demand can be defined as the amount of goods consumer are ready and willing to buy at a particular period of time.

On the other hand an inferior good occur when a product that is highly in demand begin to fall or drop because the people does not demand for the product again and this can happen when income rises.

Therefore If a decrease in income leads to an increase in the demand for sardines then sardines are an<u> inferior good.</u>

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PLS HELP!!!!!! WILL GIVE BRAILIEST!! :) Thanks! :) In a biometrics research lab, Grant is listed as the laboratory director, whi

Alex777 [14]

Answer:

Lab technician collects the samples from patients and then processes it to get the required result.

Lab director is responsible for the administration of daily operations.

Explanation:

Stem field is Science, Technology, Engineering and Mathematics. The career choice of Tamara and Grant both fall into STEM. Grant have more responsibility than Tamara, although both are in the biometric research lab but Grant has to ensure that all the applicable laws and provisions are followed in the lab and if any deviation is found he will be held responsible for it. Whereas Tamara has responsibility for a single sample only. She is not responsible for others performance.

7 0

3 years ago

You purchased 1,000 shares of the New Fund at a price of $20 per share at the beginning of the year. You paid a front-end load o

Mazyrski [523]

Answer:

6.37%

Explanation:

Rate of return

= (Aggregate investment value after one year - Investment value) / investment value ----- equation 1

Cost of shares =number of shares* price per share

= 1000* $20 =$20,000

Total amount invested = Purchasing cost /(1- front-end load)

= $20,000 / (1-0.04)

=$20,000 / 0.96 = $20,833.333

Investment value after one year

= Total Investment*( 1+ price increase-expense ratio)

= $20,000( 1 +0.12 -0.012)

= $20,000(1.12-0.012) = $20,000 * 1.108 = $22,160

From equation 1 above

Rate of return = ($22,160 - $ 20,833.333) / $20,833.333

$ 1,326.667 / $ 20,833.333

= 0.06368001701

= 0.0637

Since rates of return are expressed as %, we multiply the result by 100 to get

0.0637*100 =6.37%

My rate of return on the fund will be 6.37% if I sell the shares at the end of the year.

7 0

3 years ago

Newtech corporation is offering a 10% stock dividend. The firm currently has 200,000 shares outstanding and after-tax profits of

White raven [17]

The stock price after the stock dividend = $3636

<h3>What is Stock dividend?</h3>

A common stock dividend is a payment made from a company's profits to holders of common stock. The payout is made in the form of stock or cash, much like regular dividends. The amount of the common stock dividend may be regulated by law, especially if it is paid as a cash distribution that is effectively a liquidation.

<h3>What is shares outstanding?</h3>

All of the shares of a corporation that have been approved, issued, and purchased by investors and are now owned by them are referred to as outstanding shares. They differ from treasury shares, which are stock held by the corporation itself and have no rights that can be exercised.

<h3>According to the given information:</h3>

There are 200,000 shares in circulation.

Profits after taxes amount to $800,000.

$48 is the current stock price.

Stock dividend equals 10%

number of shares outstanding following a stock dividend

=200,000*(1+10%)

=220,000

earnings per share following stock dividends

=$800,000/220,000

=$3.636

As a result, $3.636 worth of earnings per share remain after the stock dividend.

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5 0

2 years ago

Overzealous pursuit of wealth, pressure to exceed performance standards, and a culture that values profits more than ethical beh

Licemer1 [7]

Answer:

are the primary causes of the majority of unethical business behaviors.

Explanation:

An ethic can be defined as a set of both written and unwritten principles, values or rules of moral conduct that guides (governs) human behaviors. It's a reflection that is typically based on identifying what is good or bad, right or wrong and just or unjust with respect to human behaviors.

Ethical issues are mostly complicated for businesses that operate in the global economy because different cultures have different norms and values.

Generally, some of the fundamental cause of unethical business behaviors across the world are;

I. Overzealous pursuit of wealth

II. Undue pressure on employees or the management to exceed performance standards.

III. A culture that values profits more than ethical behavior.

An ethical climate can be defined as a collection of behaviors that are considered to be acceptable and correct within an organization or business firm. Also, an ethical climate provides the human resources management of an organization with a framework or benchmark on how employee behavioral issues or ethical problems are to be managed or handled within the organization.

Thus, an organization with a strong ethical climate is generally considered to have an effective, conducive, just and optimum working standards for its employees and as such would significantly increase employee trust and commitment.

3 0

3 years ago

Trial courts determine if a will is valid or not. O True O False

andreyandreev [35.5K]

Answer:

A valid will has to be in writing, and signed by the testator in the presence of two witnesses, who must also attest the will. If the process is not followed to the hilt, the will can be challenged in the court of law. So the answer is true.

8 0

3 years ago