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2 years ago

If there is a good that is consumed almost entirely by children, a significant reduction in the birth rate would:________

1 answer:

7 0

If there is a good that is consumed almost entirely by children, a significant reduction in the birth rate would <u>move its demand curve to the left</u>.

<h3>What is a demand curve?</h3>

Basically, a demand refers to the quantity of a good that consumers are willing and able to purchase at various prices during a given time. For this demand, the curve is a sort if graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period of time such as a year.

When the demand curve move to the left, this indicates a decrease in demand because the consumers are purchasing fewer products for the same price. Some other causes are when Consumers spend less because the cost of living is rising or because government taxes have increased or decide to spend less and save more if they expect prices to rise in the future.

In conclusion, when there is a good that is consumed almost entirely by children, a significant reduction in the birth rate would move its demand curve to the left.

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Travis Company purchased merchandise on account from a supplier for $5,700, terms 2/10, net 30. Travis Company paid for the merc

almond37 [142]

Answer:

Dr. Account Payable $5,700

Cr. Discount Income $114

Cr. Cash $5,586

Explanation:

Term 2/10, net/30 means there is a discount of 2% is available on payment of due amount within discount period of 10 days after purchase and net credit period of 30 days.

According to given data

Purchases = $5,700

As the payment is made within discount period, so discount will be availed

Discount = $5,700 x 2% = $114

Amount to be paid = $5,700 - $114 = $5,586

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3 years ago

Pumpkin Spice Latte fanatics could be considered a(n) __________ of coffee enthusiasts.

Tom [10]

Question Completion:

2. Pumpkin Spice Latte fanatics could be considered a(n) __________ of coffee enthusiasts.

a. reference group

b. subculture

c. social class

d. opinion leader

Answer:

Pumpkin Spice Latte fanatics could be considered a(n) __________ of coffee enthusiasts.

a. a reference group

Explanation:

In Sociology, other people who are not fanatics of Pumpkin Spice Latte (PSL fanatics as they are known) can use the PSL to compare their coffee drinking habits. This means that the Pumpkin Spice Latte fanatics become a comparative reference group for any person who intends to do such relationship comparison. Therefore, the PSL is regarded as aa group for self-evaluation.

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3 years ago

All of the following will improve a firm's liquidity position except: Answer A)increase long-term debt and invest the money in m

user100 [1]

Answer:

i think answer B is right

but i am not sure

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3 years ago

Garcia Co. owns equipment that cost $77,200, with accumulated depreciation of $41,000. Record the sale of the equipment under th

gtnhenbr [62]

Answer:

(1)

cash 47,300 debit

acc dep 41,000 debit

equipment 77,200 credit

gain at disposal 11, 100 credit

(2)

cash 36,200 debit

acc dep 41,000 debit

equipment 77,200 credit

(3)

cash 31,100 debit

loss at disposal 5,100 debit

acc dep 41,000 debit

equipment 77,200 credit

Explanation:

book value: historic cost - accumulated depreciation

77,200 - 41,000 = 36,200

Now we compare the book value with the different sales values:

(1) 47,300 - 36,200 = 11,100 gain

(2) 36,200 - 36,200 = zero

(3) 31,100 - 36,200 = 5,100 loss

for the journal entry, in all cases we debit the cash collected

the depreciation and credit the asset.

the nwe will postthe gain or loss an disposal accordingly

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3 years ago

Which one of the following is not one of the policy tools the Fed uses to control the money supply? A. Moral suasion. B. Open m

Tpy6a [65]

Answer:

Explanation: Moral suasion Is not required to control MS .that is the best answer

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3 years ago