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denpristay [2]
3 years ago
15

Suppose that a decrease in the price of good X results in fewer units of good Y being sold. This implies that X and Y are A. sub

stitute goods. B. normal goods. C. complementary goods. D. inferior goods. Submit Answer
Business
1 answer:
steposvetlana [31]3 years ago
6 0

Answer: Option (A) is correct.

Explanation:

Good X and Good Y are substitute goods. Substitute goods are the goods that can be consumed in place of each other. There is a positive relationship between the price of one good and the demand for its substitute good. For example; tea and coffee. If the price of tea increases then as a result demand for coffee increases, because drinking tea become more expensive for the consumers as compared to the coffee. So, the demand for coffee increases, despite its price remains the same.

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In the following situation, imagine you are a waiter at a restaurant. See if you can put this list of tasks in
MArishka [77]

Answer:

1. Answer a customer's question

2.Take someone's order

3.Bring out an order of food

4 Cleae a table

5.Fold napkins

5 0
3 years ago
Cash investments made by the owner to the business are reported on the statement of cash flows in the
Julli [10]

Answer:

d. financing activities section

Explanation:

cash investment made by the owner and their withdrawals will be in the financing activities section

On the financing activities, the accounting does a detail ofthe origin of funds which paid for the assets. These funds could be from owners or lenders.

Therefore, the equity transactions are included in the financing activities sections

From the owner point of view, it is an investment. But, we must remember that the owner and te company are different entities. For the company it is financiation

6 0
3 years ago
On September 1, 2020, Vaughn Manufacturing issued a note payable to National Bank in the amount of $1440000, bearing interest at
Vilka [71]

Answer:

$28,800

Explanation:

I will just assume that there are three equal annual principal payments of $480,000. If we use $550,000, the total principal would = $1,650,000.

accrued interests from September to December = principal x (9%/12) x 4 months

principal = $480,000 x 2 = $960,000

accrued interest payable  = $960,000 x 0.75% x 4 = $28,800

3 0
4 years ago
Kate holds a middle-management position with a large corporation. She prefers to involve her subordinates in decision making. Sh
PtichkaEL [24]

Answer:

Formal selection principle..

Explanation:

  • Max Weber gave 5 principles of the bureaucratic structure as the division of labor, hierarchy of authority, and the framework of rules, impersonality a formal selection.  
  • As kate is in middle management of a large organization she at the center of the hierarchy of the organization and believes that the subordinates can help in the decision making the process. This will lead to the creation of innovative ideas, reducing wastages of resources and time.
6 0
4 years ago
What are three options for creating a meeting in the Meeting window subject of the meeting, location, or timing location, whom t
andrew11 [14]
<h2>timing location, whom to send the request to</h2>

Explanation:

To create a meeting, the essential information are

1. Time: Start time and end time of the meeting are essential since the participant has to know the time to appear

2. Location: In a bigger organization there will be various meeting rooms, and some time meeting will be outside the office, so the participant must know the place of meeting.

3. Whom: The person who wants to conduct the meeting must know and pass information to the targeted participant.

4 0
4 years ago
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