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hammer [34]
3 years ago
6

Two stores sell the same computer for the same original price. store a advertises that the computer is on sale for 25% off the o

riginal price. store b advertises that it is reducing the computerâs price by $180. when brittany compares the sale prices of the computer in both stores, she concludes that the sale prices are equal. which equation models this situation? let p represent the computerâs original price.
a. 0.25p = p â 180

b. 0.75p = p + 180

c. 0.25(p â 180) = p

d. 0.75p = p â 180
Business
1 answer:
jonny [76]3 years ago
4 0
Correct choice would be D. 0.75p=p-180
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10 percent decrease in consumer incomes leads to a 20 percent decrease in the quantity demanded of good D. Instructions: Round y
Katyanochek1 [597]

Answer:

Income elasticity = 2

Normal good

Explanation:

Below is the given values:

Percentage decrease in consumers income = 10%

Percentage decrease in quantity demanded = 20%

Use the below formula to find the income elasticity:

Income elasticity = % change in quantity demanded / % in income

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Income elasticity = 2

Since the elasticity is 2 that means good is normal good.

4 0
3 years ago
Colombo Enterprises has a defined benefit pension plan. At the end of the reporting year, the following data were available: beg
iVinArrow [24]

Answer:

Option D. $10,000 is the correct answer.

Explanation:

Journal Entry for pension expenses:

Pension Expense                                  $10,000

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Pension expenses for the year ended is comprised of the following components of pension cost.

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Interest cost                                            $6,000

Expected return on plan assets            $10,000

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3 0
3 years ago
Kanye, Jonny, Jaco, and Neil are trying to form a band. They each have some basic skills on most instruments, so their current p
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Answer:

2- Have each member specialize in the role that they are best in, to take advantage of benefits from specialization.

Explanation:

Here are the options

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2- Have each member specialize in the role that they are best in, to take advantage of benefits from specialization.

3- Abandon the band, as continued practice is doomed to suffer diminishing marginal returns.

4- Invest their remaining savings in new instruments, as they are at a point where the marginal product of capital exceeds the marginal product of labor.

5- Change the rotation to be random rather than equal, to take advantage of heteroskedasticity.

Specialisation is when a person focuses on an activity in which they are efficient in or have a comparative advantage in

A person has a comparative advantage in production if he produces at a lower opportunity cost when compared to other people

Jaco seems to be efficient at playing bass, thus he should specialise in this activity

Jonny seems to be efficient at playing the guitar, thus he should specialise in this activity

An advantage of specialisation : Increased efficiency as a result of carrying out the same activity multiple time.

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Learn more about Bookkeeping here:

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In this case, when there's an increase in the aggregate price level in an economy rises, the interest rate increase as well.

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