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alekssr [168]
3 years ago
12

After graduation from college, you will receive a substantial increase in your income from a new job. If you decide that you wil

l purchase more T-bone steak and less hamburger, then for you hamburger would be considered as:
a. complementary good.
b. normal good.
c. inferior good.
d. substitute good.
Business
1 answer:
Taya2010 [7]3 years ago
7 0

Answer:

c. inferior good.

Explanation:

Inferior goods are items purchased buy a consumer as a result of his limited income such that when that consumer's purchasing power increases, he purchases other commodities in place of the one initially purchased.

Hence the  purchase more T-bone steak and less hamburger is an indication that hamburger is an inferior good to the consumer.

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Graph shows values along the horizontal axis and vertical axis. Coordinates are plotted to indicate two upward-sloping diagonal
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The answer to this question will be A
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Which of the following describes the activities that play an important role in connecting brands to consumers in the final phase
expeople1 [14]

The activity that play an important role in connecting brands to consumers in the final phases of the buying process is C. Retailing.

<h3>What is the role of retailing in the buying process?</h3>

Retailing refers to the set of activities that allow for  consumers to be able to access goods and services that were produced by different companies and brands. The process of retailing often comes in the final phases of the buying project as it involves the consumers who are the end stage of the buying process as they are the ones to consume the goods and services being sold.

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1 year ago
The Smith family lives in Scranton, PA. Mr. Smith work in a factory producing widgets that are used and bought by automobile man
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2 years ago
Cine Creation sold plant assets at a $ 16 comma 000 loss. Where on the statement of cash flows should Cine Creation report the s
Vanyuwa [196]

Answer:

1. On the statement of cash flow record the sale of the asset under the investment section.

2. -$16,000

Explanation:

In Cash flow Statements every asset purchases and sales are viewed as investments, so you record asset sales in the investment section of the cash flow.

Therefore the exact value of the sales is recorded.

8 0
3 years ago
This year, Napa Corporation received the following dividends: KLP Inc (a taxable Delaware corporation in which Napa holds an 8%
murzikaleks [220]

Answer:

$147,500

Explanation:

Computation of Napa's dividends-received deduction

Napa is said to holds less than 20% stock interest in KLP Inc which means that the dividends received deduction in the case of dividends received from KLP would be 50%.

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Hence:

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Therefore Napa's dividends-received deduction will be $147,500

7 0
2 years ago
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