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lisabon 2012 [21]
3 years ago
12

If a housing boom occurs in the United States the demand for carpenters will likely ?

Business
1 answer:
blagie [28]3 years ago
6 0
The demand will increase most likely
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An economist for a bicycle company predicts that a rise in consumer incomes will increase the demand for bicycles. this predicti
Neporo4naja [7]

When an economist makes a prediction that a rise in consumer incomes will increase the demand for bicycles sold by a bicycle company, it is made on assumption that bicycles are normal goods. Therefore, the option A holds true.

<h3>What is the significance of normal goods?</h3>

The normal goods or services being sold in the market of an economy can be referred to or considered as goods that have a direct relation with the demand for such goods, which are affected by consumer income.

As per the behavior of normal goods, it can be inferred that their demands increases with a given increase in the disposable income of the consumer, such as the one in the condition given above.

Therefore, the option A holds true and states regarding the significance of normal goods.

Learn more about normal goods here:

brainly.com/question/24100151

#SPJ4

An economist for a bicycle company predicts that a rise in consumer incomes will increase the demand for bicycles. This prediction assumes that bicycles are _____.

A. Normal goods

B. Luxury Goods

C. Inferior Goods

D. None of the Above

6 0
2 years ago
True or False? The United States does not have publicly financed health insurance specifically for the unemployed.
iren [92.7K]

Answer:

True

Explanation:

The United States has no single nationwide system of health insurance.

In the event that an employed worker's spouse loses his/her job to lay-off, the insurance premium financed by the active worker for this family coverage should provide basic health benefits to unemployed workers and their dependents because government does not provide for such category of active group except for senior citizens.

Health insurance is purchased in the private marketplace or provided by the government to certain groups. Private health insurance can be purchased from various organizations such as profit commercial insurance companies or from non – profit insurers.

3 0
2 years ago
A company wants to set up a new office in a country where the corporate tax rate is as follows:
evablogger [386]

Answer: taxable income = $162,000

Tax = $46,430

Explanation:

3 0
3 years ago
A retired auto mechanic hopes to open a rustproofing shop. Customers would be local new-car dealers. Two locations are being con
Lady bird [3.3K]

Answer:

X = 325 cars will yield same profit in both locations

Explanation:

Location                                            City                                         Outskirts

Dealer Price                                        $                                            $

(98 x 330)                                       32340                                       32340

Labour,Material                                                                                    

and Transportation Cost              

($30/car x 330 cars)                         (9900)                                          

( $38/car x 330 cars)                                                                           (12540)

<u>Fixed Cost                                          (6950)                                        (4350)</u>

Profit                                                  15,490                                       15450

City will yield greatest profit if monthly demand is 330 cars

Location                                            City                                         Outskirts

Dealer Price                                        $                                            $

(98 x 430)                                           42,140                                     42,140                                      

Labour,Material                                                                                    

and Transportation Cost              

($30/car x 430 cars)                         (12900)                                          

( $38/car x 430 cars)                                                                           (16340)

<u>Fixed Cost                                           (6950)                                        (4350)</u>

Profit                                                   22,290                                       21450

City will yield greatest profit if monthly demand is 430 cars

b)

let X be the volume of output for both sites to yield same profit

City

Dealer Price = 98X

Labour, material and transportation= 30X

Fixed cost = 6950

Profit = 98X-(30X+6950)

Outskirts

Dealer Price = 98X

Labour,Material and transportation = 38X

Fixed Cost = 4350

Profit = 98X-(38X+4350)

Both Profits are same therefore

98X-30X-6950 = 98X-38X -4350

-30X+38X = -4350+6950

-8X = 2600

X = 325 cars will yield same profit in both locations

3 0
3 years ago
Wedding Photos. Bobby took a number of wedding photos at Jill's wedding. He was paid as the photographer. On all of the photogra
algol13

Answer:

He would register merely by affixing the appropriate symbol at the bottom of the photograph followed by first date of publication and his name.

Explanation:

Wedding Photos. Bobby took a number of wedding photos at Jill's wedding. He was paid as the photographer. On all of the photographs, he appropriately noted in the bottom right corner the necessary information showing that he was claiming copyright protection. Jill came to see Bobby three years after the initial photographs were taken and requested that he grant her permission to make as many copies as she wanted at the local photoshop from the pictures that she initially purchased. Photoshop had refused to reproduce the photographs without his permission. When he refused to give her permission to do so, Jill started a heated argument. She told Bobby that photographs are not entitled to copyright protection. She also told him that even if he was correct that there was some copyright protection, she was engaged in fair use, and in any event, damages for copyright infringement are unavailable. If Bobby decides to register the photographs under copyright law, He would register merely by affixing the appropriate symbol at the bottom of the photograph followed by the first date of publication and his name.

8 0
3 years ago
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