Answer:
The answer to this question is b. Yours will be positive and your roommate's would be negative.
Explanation:
Income elasticity of demand is the degree of responsiveness of demand to changes in income. In other words, it measures how changes in income of consumers will affect the quantity of commodities demanded by such consumers.
An income elasticity of demand can be positive or negative.
It is positive, when an increase in income leads to an increase in the quantity demanded by the customer. However it is referred to as negative when an increase in income leads to decrease in the quantity demanded by the consumer.
In the question above, it can be seen that the increase in income of the first person brought about increase in the commodity demanded thereby making his income elasticity of demand positive. one the other hand, the increase in the income of his roommate, brought about decrease in his demand which translate to the fact that his income elasticity of demand would be negative.
Hence the answer given.
Answer:
$462,562
Explanation:
Lower of Cost and Net Realizable Value (LCNRV) records ending inventory at the lowest between purchase costs or net realizable value.
Part Q Cost per Unit Net RV Total
110 620 <u>$121.00</u> $127.00 $75,020
111 1,080 $76.20 <u>$66.00</u> $71,280
112 540 $101.60 <u>$97.00</u> $52,380
113 220 <u>$215.90</u> $228.60 $47,498
120 440 <u>$260.00</u> $264.00 $114,400
121 1,400 $20.00 <u>$1.00</u> $1,400
122 330 $304.80 <u>$298.00</u> $100,584
Total $462,562
Answer:
no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no
Answer:
C) Jamie is only entitled to the leave to take care of his daughter.
Explanation:
The Family and Medical Leave of 1993 applies to all public entities, schools, and businesses with 50 or more employees. In this case, Coffee-Ha-Ha is included since it has 61 employees (including Jamie).
This law provides employees with up to 12 weeks of unpaid leave for:
- Birth and care of the newborn child
.
- Placing a child for adoption or foster care.
- Take care of family member (spouse, <u>child</u>, or parent) with a serious health condition
- Take medical leave when unable to work due to a serious health condition.
Jamie cannot take a leave for taking care of his mother in law, but he can take an unpaid leave for taking care of his daughter.
