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Ket [755]
3 years ago
10

One reason that the quantity demanded of a good increases when its price falls is that the:

Business
1 answer:
Brums [2.3K]3 years ago
4 0
<span>Lower price increases the real incomes of buyers, enabling them to purchase more.</span>
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Hugh tried to convince irene about how good a new business proposal was, but irene presented some good counter arguments and sta
vfiekz [6]
By questioning the proposal done by Hugh, Irene showed the characteristic of being able to scrutinize properly certain things. This attitude is helpful especially when we are in doubt of the certain subject. By doing so, we can help those who proposed it to further do improvements on the certain subject. 
3 0
3 years ago
The ledger of Rios Company contains the following balances after adjustments: Retained Earnings $30,000; Dividends $2,000; Servi
ch4aika [34]

Answer:

Service Revenue 50,000 debit

    Income summary  50,000 credit

--to close revenues accounts--

Income summary        34,000 debit

  Salaries and Wages Expense 27,000 credit

  Supplies Expense                      7,000 credit

--to close expenses accounts--

Income summary        2,000 debit

  Dividends                          2,000 credit

--to close dividends account--

Income summary       14,000 debit

  Retained Earnings          14,000 credit

Explanation:

To close the temporary accounts which are, revenues, expenses and dividends we will use an auxiliary account called Income Summary

Then, once all are closed we transfer their balance into retained earnings:

  Income summary

DEBIT           CREDIT

                    50,000

34,000

<u>  2,000                          </u>

       Balance 14,000

7 0
3 years ago
The equity method with consolidation is used to account for long-term investments in equity securities with controlling influenc
pashok25 [27]
I go with true................

4 0
3 years ago
Under which type of policy does the government reduce its expenditures and increase tax rates? A. contractionary monetary policy
zloy xaker [14]

Answer:

B. contractionary fiscal policy

Explanation:

The government influences economic direction through fiscal policy measures of increasing or decreasing its expenditure and taxation. Therefore, fiscal policies involve the government's actions of adjusting its spending and taxation to achieve desired economic objectives.

Fiscal policies can either be contractionary or expansionary. Contractionary measures are applied to control rising inflation and moderate the rate of growth. These policies aim at reducing liquidity in the market, thereby achieving stable prices. A reduction in government spending and an increase in taxation reduces liquidity or money circulation.

4 0
3 years ago
Prepare a narrated PowerPoint presentation that will highlight the following items.
vladimir2022 [97]

Answer:

I don't know

Explanation:

Prepare a narrated PowerPoint presentation that will highlight the following items.

a. Your calculations for the amount of property, plant, and equipment and the annual depreciation for the project

b. Your calculations that convert the project's EBIT to free cash flow for the 12 years of the project.

c. The following capital budgeting results for the project:

1. Net present value

2. Internal rate of return

3. Discounted payback period.

6 0
3 years ago
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