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3 years ago

If congress increases the minimum wage to $7.25 per hour, what happens to the demand for consumer goods as a result?

Business

2 answers:

KIM [24]3 years ago

8 0

Demand for consumer goods INCREASES.

vaieri [72.5K]3 years ago

8 0

Answer:

Increases

Explanation:

direct proportion

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Prepaid Insurance is $23,149. The company has separate insurance policies on its buildings and its motor vehicles. Policy B4564

Lelechka [254]

Answer:

Journal Entry

December 31, 2017

Dr. Insurance Expense-Building $5,170

Cr. Prepaid Insurance-Building $5,170

Dr. Insurance Expense-Motor vehicle $6,816

Cr. Prepaid Insurance-Motor vehicle $6,816

Explanation:

First, we need to calculate the Amount of insurance expense accrued in the year for each insurance

Policy B4564

Insurance expense accrued = Total Insurance amount x Time accrued in the year / Term of Policy

Insurance expense accrued = $15,510 x 1 year / 3 years

Insurance expense accrued = $5,170

Policy A2958

Insurance expense accrued = Total Insurance amount x Time accrued in the year / Term of Policy

Insurance expense accrued = $10,224 x 12 months / 18 months

Insurance expense accrued = $6,816

6 0

3 years ago

HELP

andrew11 [14]

Answer:computer

Explanation:

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3 years ago

Locate the values of SSE, s2, and s on the printout below.

mylen [45]

Answer:

SSE = 1678.115; s2 = 139.843; s = 11.826

Explanation:

Consider the following formulas:

SSE: This value provides a measure of how well the line of best fit approximates the data set.

S^2: The variance is mathematically defined as the average of the squared differences from the mean

S: is the expectation of the squared deviation of a random variable from its mean.

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3 years ago

Alex, who is risk-neutral, is looking for an one-bedroom apartment to rent for the month of August while he's on vacation in Sea

irinina [24]

Answer:

b. $0.

Explanation:

We need to find the expected value of the gamble which is compared to $700. Given that there is apartments where 70 percent rent for $700 per month, 20 percent rent for $600 per month, and 10 percent rent for $500 per month. The cost to Alex of searching for an apartment is $40.

Expected cost of searching the next apartment = 700*0.7 + 600*0.2 + 500*0.1 + 40 = $700.

Now the first apartment has a rent of $700 and the expected cost of searching the next apartment is also $700. This implies the gamble has an expected value of $0 and Alex is indifferent between searching or non searching.

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3 years ago

The manger is responsible for training you about food safety in your job duties. These duties include preventing foodborne illne

horsena [70]

They are responsible for keeping you informed and making sure you are doing so. Most jobs in food service will require a food service certification that is taught and issued by the state or county.

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3 years ago