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Alina [70]
3 years ago
15

According to the substitution effect, a decrease in the price of a product leads to an increase in the quantity of the product d

emanded because buyers:
Business
1 answer:
umka21 [38]3 years ago
3 0
The correct answer is <span>purchase more of the now relatively less expensive good.
When a product is discounted, obviously more people will be willing to buy it then when the price was higher. If more people want to buy a product, then the demand for that product rises, and then the production of those goods is also higher.
</span>
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On June 30, 2011, Weslaco Company’s total current assets were $500,000 and its total current liabilities were $275,000. On July
slavikrds [6]

Answer: the correct answer is a. working capital 225000.00 before issuing the note and 185000.00 after issuing the note. b current ratio 1.82 before the note and 1.59 after the note.

Explanation:  Working capital = Current assets - Current liabilities

500000.00 - 275000.00 = 225000.00 before issuing a short term note

the short term note is a current liability.

500000.00 - 315000.00 = 185000.00  after issuing a short term note

Using the Balance Sheet, the current ratio is calculated by dividing current assets by current liabilities: For example, if a company's current assets are $ 5,000 and its current liabilities are $ 2,000, then its current ratio is 2.5.

500000.00 / 275000.00 = 1.82 before issuing the note

500000 / (275000 plus 40000) =

500000 / 315000 = 1.59 after issuing the note.

4 0
4 years ago
Determinants of Interest Rate for Individual Securities The Wall Street Journal reports that the rate on 3-year Treasury securit
BlackZzzverrR [31]

Answer:

0.20%

Explanation:

Calculation to determine the maturity risk premium on the 6-year Treasury security

7.45% = 3.40% + 3.85% + MP

MP = 7.45% − (3.40% + 3.85%)

MP=7.45%-7.25%

MP=0.20%

Therefore the maturity risk premium on the 6-year Treasury security is 0.20%

4 0
3 years ago
A market researcher focuses on the psychological process, including thoughts, feelings, and behavior that people experience once
natta225 [31]

Answer: Consumer behavior

Explanation: Consumer behavior is a set of value-seeking activities that the researcher examines how feelings, behaviors, and thoughts influence purchasing behavior. It involves all the activities connected to the purchasing, usage, and resale of commodities and services including the emotional, mental and other reactions that come before or after all that was accomplished.

The researcher studies the impacts on the buyers which might be from either their colleagues and household or any group in the society.

3 0
4 years ago
2006 2005 Total current assets $600,000 $560,000 Total investments 60,000 40,000 Total property, plant, and equipment 900,000 70
natulia [17]

Answer:

Return on stockholder equity = 11.2%

Explanation:

Average Stockholder equity

                                            2006        2005

Deferred 9% stock           100,000    100,000

Common stock                 600,000   600,000

Paid in capital -                  60,000     60,000

Common stock                  

Deferred earnings            <u>325,000</u>    <u>210,000</u>

Stockholder equity       $1,085,000  $970,000

Average stockholder equity = $1,085,000 + $970,000 / 2

Average stockholder equity = $1,027,500

Return on stockholder equity = Net Income / Average stockholder equity

Return on stockholder equity = $115,000 / $1,027,500

Return on stockholder equity = 0.11192

Return on stockholder equity = 11.192%

Return on stockholder equity = 11.2%

8 0
3 years ago
Explain how a factory assembly line is an example of specialization?
s344n2d4d5 [400]

Answer:It is

Explanation: because the line is divided in different sector. Each sector has specific operations, using specific tools and specific process. Each operation or group of operations must be done by employees or workers. Those worker also required specialized training.

3 0
3 years ago
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