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4 years ago

If a drop in the price of taxicab fares shifts the demand curve of private limousine rentals leftward, what does this signify

1 answer:

3 0

<span>These two services are substitutes. The demand for one good has an effect on the demand for another good. In this case, the lowered price of the taxi fares will lead to a lowered price for the use of the limo rentals, all else held constant.</span>

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When zappos began, it focused primarily on word of mouth (wom) to get its message to people. word of mouth is which of the pro

diamong [38]

The promotion mix element that is facilitated by words of mouth is ADVERTISING.
Word of mouth advertising is a form of unpaid spread of positive marketing information which move from one person to another. The method involves passing information across to other people by meaning of oral communication.

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3 years ago

A worker who loses a job at a call center because business firms switch the call center to another country is an example of whic

alexira [117]

Answer:

"Structural unemployment" is the right approach.

Explanation:

The terminology economists mischaracterize unemployment, which seems to be the consequences of such an absence or failure of coordination of talents as well as of opportunities, is defined as Structural unemployment.
This would be caused by economic shifts that prevent jobless persons from finding opportunities throughout different firms with very high qualifications.

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3 years ago

Ace electronics purchased a $35,000 delivery truck in exchange for a 4-year promissory note. the journal entry to record this tr

IgorLugansk [536]

Debit to Equipment

Credit to Note Payable this transaction would include $35,000.

<h3>Which account titles are indented when journal entries are made?</h3>

A Credit Account

The credit account title(s) are always centered on the right after the debit account titles.

Below the debit accounts, the credit account names will be indented.

You'll at least have one debit (possibly more).

Journals are specialized forms that accountants use to record their financial transactions.

The first place information is entered into the accounting system is in a journal.

Because it is where data first enters the system, a journal is frequently referred to as the "book of original entry."

A journal maintains a historical record of all recordable transactions that the business has been involved in. In other words, a journal is a type of business diary.

We refer to the act of entering information into a journal as journalizing the entry.

The second stage of the accounting cycle is journaling the entry.

To learn more about transactions, refer

to brainly.com/question/26725354

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1 year ago

Duval Inc. uses only equity capital, and it has two equally-sized divisions. Division A's cost of capital is 10.0%, Division B's

saveliy_v [14]

Answer:

A Division A project with an 11%

Explanation:

The project should be analize with the cost of capital for each division, as it is a know values it is a better choise than WACC.

For that reason, going for project of less than 14% (13% or 11%) in division b will be destroying capital

While the project in Division A for 11% means it will generate economic value to the firm as the cost is 10% and return 11%

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3 years ago

Consider a market in which a firm has monopoly power. Suppose in addition that the firm produces under the presence of either a

Vikentia [17]

Answer:

A) No, in the presence of a negative externality, since the monopolist produces less than the competitive quantity, it may end up producing the socially efficient quantity. However, in the case of a positive externality, since a competitive market produces too little, a monopolist will only exacerbate the problem.

Explanation:

Monopolists produce less than the competitive quantity (marginal revenue = marginal cost) but charge a higher price for their products. In case a negative externality is produced, then the competitive quantity should decrease and the monopolist might end up producing the socially efficient quantity.

Given the same scenario where the monopolist produces less than competitive quantity, but a positive externality is produced, then the socially efficient quantity should increase, but the monopolist will not increase their output.

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3 years ago