Answer:
d) The change to the equilibrium price of French chocolate souffle is ambiguous and the equilibrium quantity of French chocolate souffle falls
Explanation:
Inferior goods are those goods whose demand falls with the rise in the income of the consumer.
As per the given case, French chocolate souffle is an inferior good. When income of the consumer rises, his demand for French chocolate souffle will fall.
Similarly, when producers of such an inferior good decrease, the supply of French chocolate souffle shall fall.
With respect to the original equilibrium level, the demand curve shall experience a leftward shift i.e decrease whereas the supply curve too experiences a leftward shift i.e supply falls.
At the new equilibrium level, definitely the equilibrium quantity shall fall, but the change in equilibrium price cannot be ascertained as per the given information.
Answer:
The total monthly payments that are deductible by Duron are:
$1,200 each month for the next 10 years.
Explanation:
According to the IRS rules, if Duron pays his ex partner payments each month which are not documented by the court, the money is not tax deductible. Therefore, it is beneficial for Duron to receive a court order to pay the additional alimony if Duron plans on enjoying a tax deduction for the additional spousal support of $200.
Answer:
when you operate with your own products
Explanation:
economically doing well on business and people loving the pricws
Answer:
Publicity is part of a company's <u>promotion mix</u>.
You start with your first day = 30$ and then you add up 10 for each the keeping in mind that the first day you do not pay those 10$
c = 30+(d-1)*10; where d= number of days