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MrRa [10]
3 years ago
15

How can an increase in prices affect consumption?

Business
2 answers:
Evgesh-ka [11]3 years ago
4 0
In increase in prices makes less people want to buy
natali 33 [55]3 years ago
4 0
When a price changes and consumers have an incentive to consume less of the good with a relatively higher price and more of the good with a relatively lower price.
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According to John Rawls, those in the original position must choose the principles of justice in ignorance of all of the followi
Colt1911 [192]

Answer:

According to John Rawls, those in the original position must choose the principles of justice in ignorance of all of the following except but:

b. their individual conceptions of the good.

Society may launch projects that require giving some persons more power, income, status, etc. than others, to make life better off for the people who are now worst off, by raising the living standards of everyone in the community and empowering the least advantaged persons to the extent consistent with their well-being,  separately from their indiviadual conceptions of good, but for ethical theories.

Explanation:

According to Rawls, self-interested rational people behind the veil of ignorance would choose two general principles of justice to structure society in the real world:

a. Their socio-economic position:

Difference Principle: Social and economic inequalities should be arranged so that they are both, to the greatest benefit of the least advantaged persons, and attached to offices and positions open to all under conditions of equality of opportunity.

c. Their sense of justice:

Principle of Equal Liberty: Each person has an equal right to the most extensive liberties compatible with similar liberties for all, since it distributes extensive liberties equally to all persons. It is also quite egalitarian, since it distributes opportunities to be considered for offices and positions in an equal manner.

d. Their individual allotment of natural assets and abilities:

It is not egalitarian but makes benefit for some (those with greater talents, training, etc.) proportionate to their contribution toward benefiting the least advantaged persons.

 

5 0
4 years ago
Jason and his family were invited to dinner by a family friend who had just opened a high-end restaurant. Jason and his family w
mixer [17]

Answer:

C) is the answer in my opinion

7 0
3 years ago
Read 2 more answers
Computing Cash Flows from Operating Activities (Indirect Method) [LO 12-2] The independent cases are listed below includes all b
kramer

Answer:

The net cash flows from operating activities section of cash flows is Case A: $310,000, Case B: $230,000, Case C: $500,000.

Explanation:

Statement of cash flows (extract)  

                                            Case A      Case B      Case C

Net income                       $310,000    $15,000   $420,000

Depreciation expense         40,000    150,000       80,000

Accounts receivable         (100,000)   200,000       20,000

Inventory                               50,000    (35,000)     (50,000)

Accounts payable               (50,000)    120,000       70,000

Accrued liabilities                 60,000  (220,000)     (40,000)

Operating activities         $310,000  $230,000 $500,000

5 0
4 years ago
Top Flight Stock currently sells for $53. A one-year call option with strike price of $58 sells for $10, and the risk-free inter
musickatia [10]

Answer:

$11.97

Explanation:

Calculation for the price of a one-year put

Using this formula

Price=Call option-Stock+Strike price(1+Risk-free interest rate)

Let plug in the formula

Price = $10 - $53 + $58/(1+.055)

Price = $10 - $53 + $58/(1.055)

Price= $11.97

Therefore the price of a one-year put with strike price of $58 will be $11.97

7 0
3 years ago
Sid Slick represents himself as Richard Rich to Ortie Ozarka. Ortie, believing that Sid was really Richard, gave Sid a check pay
Ganezh [65]

Answer:

Harry is a proper holder of the instrument

Explanation:

Impostor rule is the legal principle which states that an imposter endorsement of a negotiable instrument is not a forgery. The loss falls on the drawer of cheque and not on the third party or the bank that clears it. Art and Harry acted in good faith for the consideration.  Hence, Harry is a proper holder of the instrument as any person in its possession is its holder.

5 0
4 years ago
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