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2 years ago

If consumers buy less of a commodity when their incomes rise, this commodity is .

1 answer:

6 0

The commodity is an inferior good.

An inferior good is one for which the quantity demanded decreases when the income of the consumer increases, or one for which the quantity demanded increases when the income of the consumer decreases. In contrast, a normal good is one for which the demand increases when the consumer's income increases.

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A company plans on selling 500 units. The selling price per unit is $10. There are 60 units in beginning inventory, and the comp

BaLLatris [955]

Answer:

Units to be produced will be 540

So option (a) will be the correct answer

Explanation:

We have given number of units sold = 500 units

Beginning inventory is given = 60 units

And ending Inventory= 100 units

We have to find units to be produced

Units to be produced is given by

Units to be Produced= Ending Inventory + Units to be Sold - Beginning Inventory = 500 + 100 - 60 = 540 units

So 540 units are produced

So option (a) will be the correct answer

5 0

2 years ago

When is it permissible to access nonâ€""va websites for personal use using va computers?

sergiy2304 [10]

It is permissible to access non-VA websites for personal use through VA computers during break time or after duty hours for a short time.

<h3>What is a non-VA website?</h3>

A non-VA website simply refers to a type of website that isn't approved for continuous use by the Veterans Health Administration (VA), especially during work hours.

This ultimately implies that, it is only permissible to access non-VA websites for personal use through VA computers during break time or after duty hours for a short time.

Read more on non-VA websites here: brainly.com/question/944026

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<u>Complete Question:</u>

When is it permissible to access non-VA websites for personal use using VA computers?

4 0

1 year ago

Read 2 more answers

Which of the following statements explain(s) how the accounting equation applies to business?( check all the apply)

JulijaS [17]

The statements that explain how the accounting equation applies to business are:

The equation reflects that the total of what a business owns at any point in time will equal the total of what it owes creditors and owners.
The equation applies to all monetary business transactions.
The relation of assets, liabilities and equity is reflected in the equation.
The equation states that Assets = Liabilities +Equity

<h3>How does the accounting equation apply in business?</h3>

The accounting equation is given as:

Assets = Equity + Liability

This shows that everything that a business owns (assets) is only acquired thanks to the amounts that the owners ( equity) and creditors (liability) give.

It also shows how assets, liabilities and equity are related and therefore applies to all the monetary transactions in the business as it shows how the cash is affected when it is spent or received.

Find out more on the accounting equation at brainly.com/question/24401217

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5 0

9 months ago

Suppose that you have placed money in 2 funds: fund a and fund

Harman [31]

8% effective. at the end of 10 years, the total of the two funds is 52,000. at the end of 8 years, the amount in fund b is three times that in fund

6 0

2 years ago

The risk-free rate of return is 3% while the market rate of return is 12%. Delta Company has a historical beta of .85. Today, th

Anton [14]

Answer:

2.7%

Explanation:

Calculation for the amount of the change in the expected rate of return for Delta Company based on this revision to beta

First step is to calculate the Expected rate of return for Delta Company stock before adjustment

Expected rate of return for Delta Company stock before adjustment =3+.85(12-3)

Expected rate of return for Delta Company stock before adjustment =3+.85(9)

Expected rate of return for Delta Company stock before adjustment =3+7.65

Expected rate of return for Delta Company stock before adjustment=10.65%

Second step is to calculate the Revised expected return with new beta

Revised expected return with new beta = 3 + 1.15( 12 - 3)

Revised expected return with new beta=3+1.15(9)

Revised expected return with new beta=3+10.35

Revised expected return with new beta=13.35%

Last step is to calculate the Amount of change in the expected rate of return

Using this formula

Amount of change in the expected rate of return=Revised expected return with new beta-Expected rate of return for Delta Company stock before adjustment

Let plug in the formula

Amount of change in the expected rate of return = 13.35% - 10.65%

Amount of change in the expected rate of return=2.7%

Therefore the amount of the change in the expected rate of return for Delta Company based on this revision to beta will be 2.7%

4 0

2 years ago