Answer:
increase, decrease
Explanation:
In simple words, when the tax was imposed on the product the company will ultimately bear it to the final consumer which means the price will rise. However when the price of the product rises the demand for that product decreases due to the fact that many individuals would not be able to buy it now from their limited income, this phenomenon is called price elasticity due to income.
Answer: 5.05 per share
Explanation:
.Porter. Street
$,000 $,000
Net income. 264. 236
Less amortization 0. 12
Less Interest. 48. 36
Total. 216. 188
*=. 216+188= 404/80000shasres
=5.05
The parents company Peter fully owns all the share of street which means it takes the whole.profit of street, The consolidation sechdule only takes cognizance of the parents company shares in calculating earning per share and the subsidiary share which is Street it's treated as an investment. The convertible shares are also not taking into consideration since they have not been convert.
When the price of a good increases, all else the same, then the consumer's total utility will decrease.
<h3>What is utility?</h3>
Utility simply means the satisfaction that's gotten when one consumes a particular product.
In this case, it should be noted that when the price of a good increases, all else the same, then the consumer's total utility will decrease. This is because less products will be bought.
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Quantitative management emphasizes the use of accounting to provide the needed internal controls related to inventory. This statement is false.
<h3>What is Quantitative management?</h3>
It should be noted that quantitative management is the use of mathematical techniques to select stocks.
Professionals may arrange and comprehend statistics using quantitative procedures, which are research approaches used to examine quantitative data. This enables them to make wise decisions. It assists managers in creating information systems that convey information about activities taking place both inside and outside the firm.
In this case, Quantitative management emphasizes the use of mathematical and computer simulation.
Therefore, the information regarding accounting is false.
Learn more about quantitative management on:
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