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3 years ago

If demand shifts to the right when income increases, we can conclude that the good is:_____

Business

1 answer:

11111nata11111 [884]3 years ago

7 0

Answer:

A normal good

Explanation:

Normal goods are goods that are demanded as income level rises. With a higher income level, a rational consumer is expected to have more purchasing power and demand more of a good that is considered normal (hence the name).

Goods that are demanded less as income rises are termed inferior goods. They are the direct opposite of normal goods.

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svetlana [45]

Q: What was the central point that Bastiat was trying to make in his imaginary petition of the candle makers? A: The "Candle Maker's Petition" is a satire of protectionist tariffs written the by great French economist, Frederic Bastiat.

Q:Do you agree with Bastiat? A: this is an opinion. no right or wrong.

Q:Why or why not? How does this argument relate to current arguments about free trade? A: Again your opinion if needed for this responce.

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2 years ago

"A customer holds 10 ABC Jan 60 Call contracts. ABC Corporation is paying a 20% stock dividend. On the ex date, the contracts wi

Viefleur [7K]

Answer:

On the ex date, the contracts will show as:

10 ABC Jan 60 Calls

The customer must exercise call contracts to buy the stock prior to the Ex-Date

Explanation:

The reason is that if the customer is not exercising the call contracts then it will not be able to receive the stock dividend. Furthermore, the OCC doesn't adjust the contract because of the dividend announcement prior to exercise of contract. This means it will only adjust if the contract is exercised.

The settlement of the exercise takes around 2 business working days, hence the customer must exercise the option 2 days earlier to the ex-date.

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3 years ago

Farrar Corporation has two major business segments-Consumer and Commercial. Data for the segment and for the company for March a

Aneli [31]

Answer:

The answer is " $\$ 137,000$ "

Explanation:

Please find the complete question in the attached file.

Commercial sector contribution margin

$=\$137,000$

Margin per unit of contribution = sales price – Unit cost variables

Margin of Contributions = Revenue Sales - Fixed expenses

Aerospace industry variable costs

$=\$280,000- \$143,000 =\$ 137,000$

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3 years ago

Which one of the following is NOT a real option? The option to buy shares of stock if its price is expected to increase. The opt

puteri [66]

Answer:

The answer is: The option to buy shares of stock if its price is expected to increase.

Explanation:

A "real option" in management is: a choice managers can take concerning business investment opportunities. Real options usually involve tangible assets (machinery, buildings, inventory, land, etc.) but not financial instruments or stocks.

So the buying or selling of stocks aren´t considered real options in business management.

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3 years ago

Brandon grew up working on a farm but went to school to become an accountant. He decides to put all of his knowledge to work.

Angelina_Jolie [31]

Answer:B. Running his own small farm.

Explanation:

Having got the exprience in running a farm, couple with his financial and managerial knowledge from Accounting will help him to be successful.

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3 years ago