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IceJOKER [234]
3 years ago
5

When product prices change, consumers are inclined to purchase larger amounts of the now cheaper products and less of the now mo

re expensive products. this describes:
a. the income effect.
b. the price effect.
c. the cost effect.
d. the substitution effect?
Business
1 answer:
Alinara [238K]3 years ago
8 0
B the price effect xxxxx
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Answer: a bad debt expense

Explanation:

The estimated expense for accounts that may not be collected is referred to as. bad debt expense. Joyce Corp uses the percentage-of-receivables method to account for bad debt expense. Joyce determines that a customer account of $20,000 should be written off as uncollectible

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Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next seven years, because
umka2103 [35]

Answer:

The price of the stock today will be $66.19

Explanation:

To calculate the price of a stock whose dividends will grow at a constant rate forever is calculated using the constant growth model of dividend discount model approach. To calculate the price of the stock today using this model, we use the following formula,

P0 = D1 / r - g

We will first calculate the price of the stock at t=8 using D9 because we use the next period's dividend to calculate the price of a stock. We will then discount back the price at t=8 to today's price.

P8 = 14.25 * (1+0.06)  /  (0.14 - 0.06)

P8 = $188.8125

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P0 = 188.8125 / (1+0.14)^8

P0 = $66.189 rounded off to $66.19

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3 years ago
Louise works for a tax firm that caters to individuals and small businesses. Each year when tax season rolls around, the firm is
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The correct answers for the following questions are:

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Therefore, Option D is correct.

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The file server should be placed in an Encryption Device to allow safety while clients are signing into for document management.

Therefore, Option B is correct.

<h3>What is an Operating cost?</h3>

This means the ongoing expenses that are incurred from the normal day-to-day of running a business.

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In the process of brainstorming his goals, Robert realized his Web business was more about money than creativity. His decision t
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From what I understand here, it is the company that will be creating the 5000 monthly income. This is an example of a specific measurable goal since the goal of Robert is to make sure that the monthly net income of his company would reach at least 5000. Since he is the boss of his company, this is also probably his personal mission for his company so that he will be motivated to keep on bringing his company to better heights. This will also probably motivate his employees to work harder as well.
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4 years ago
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Which examples demonstrate common qualifications for Quality Assurance careers? Check all that apply.
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Answer:

2, 3, 6

Explanation:

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