False.. It is a fabric with a sheen or a gloss.
Answer:
C) $40,000 inventory basis, $15,000 JM basis.
Explanation:
JM distributed $80,000 worth of inventory, since Marcella has a 50% partnership interest, then half of the inventory belongs to her, $40,000 (= $80,000 / 2).
Since Marcella also received $10,000 in cash from JM, then her remaining basis in the partnership is:
$65,000 - $40,000 - $10,000 = $15,000
Options :
A) be strongly motivated and perform well
B) be poorly motivated out of fear, and perform poorly
C) develop severe emotional symptoms of stress
D) develop severe physical symptoms of stress
Answer: A) be strongly motivated and perform well
Explanation: Stressors pertaining to business may be explained as those demands which a job or business requires of workers. The challenge stressor includes demands such as volume of chores or workload, time constraint and other factors which could be place added responsibility or burden on an individual. In most cases however, these responsibilities or burden usually acts to motivate the employee or business owner and in the long run aids personal and professional growth. In the scenario above, The challenge stressor which Todd is faced with is one which requires him to be on top and thus requires preparation so as to be able to perform well and not appear as a novice during the business meeting. Hence, this should motivate him and hence put up a good performance.
A.
The cheese and crackers that are being consumed
by Carlos is not considered to be inferior goods because when there is a time
that his income may rise, he will likely consume other products aside from it.
B.
If the price of the cheese falls, what will
likely happen is that there will be a presence of substitution effect of where
the crackers will be fewer consumed and the cheese will be consumed more. When
there is a presence of income effect on the other hand, the cheese will be
consumed more as this will be considered as a good that is normal and the
crackers to be consumed fewer as this will be classified as an inferior good. The
likely outcome of it in both scenarios, Carlos will still consume fewer
crackers and the cheese to be more consumed.
The supply is elastic in nature.
Price elasticity expresses the percentage change in quantity required caused by a one percent increase in price while maintaining all other variables constant. If the elasticity is 2, a 1% increase in price results in a 2% decrease in amount demanded.
Price elasticity is computed with the help of formula given below:
Price elasticity of supply = % increase in quantity supplied / % increase in price
Price elasticity of supply = 20%/((.6-.5)/(.6+.5)/2)
Price elasticity of supply = 4.4
It is elastic in nature, because value of elasticity of supply is more than 1.
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