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bonufazy [111]
3 years ago
6

If a good is normal, then an increase in income will result in a(n) a. increase in the demand for the good. b. decrease in the d

emand for the good. c. movement down and to the right along the demand curve for the good. d. movement up and to the left along the demand curve for the good.
Business
1 answer:
andrew11 [14]3 years ago
8 0

Answer:

a. increase in the demand for the good.

Explanation:

As we know that

In the case of normal goods, there is a positive relationship between the income and the quantity demand. If the income rises, the quantity demand is also rising and vice versa

But in the case of inferior goods, it shows an inverse relationship between the income and the quantity demand. If the income rises, the quantity demand is falling and vice versa

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The Tolar Corporation has 600 obsolete desk calculators that are carried in inventory at a total cost of $864,000. If these calc
Setler79 [48]

Answer:

The financial advantage over option 2 is $ 20 000 and $ 60 000 in total sales value.

Explanation:

The company has 2 options for the obsolete desk calculators. They can either upgrade them or sell them as they are. We need to compare the 2 options to evaluate their advantage or disadvantage.

To upgrade the calculators we need to spend $200000. However we will then be able to sell the calculators for $260000. This equates to a $60 000 gain

Under option 2 we will just sell the calculators as is for $ 40 000.

Option 1 is the better option. The financial advantage over option 2 is thus $ 20 000 and $ 60 000 in total.

8 0
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Create a minimum of 10 questions that you will ask your potential marketing client in order to be able to create and develop an
vitfil [10]

Answer:

1. Are you advertising to a specific group of people/ Who is your target audience?

2. How would you reach out to that audience/What emotions are you trying to trigger within their minds?

3. How would you justify your prices?

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8 0
3 years ago
ane is planning to offer a Groupon for inner tube rentals that she will distribute on hot, sunny, summer days by the river that
sweet [91]

Probability assigned:|

x 30 60 120 180

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Answer:

Jane

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Explanation:

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Expected Sales volume:

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Probability P(x)           .10     .40      .40      .10

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Total = 93 tubes

Groupon price = $300/93 = $3.23

b) Jane's price for each Groupon will be the rent revenue per day divided by the expected number of tubes to rent daily.  The expected number of tubes is derived by multiplying each expected number of tubes by its probability and then summing up the results.

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3 years ago
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3 years ago
When two proprietors decide to combine their businesses and form a partnership, gaap usually requires that noncash assets be tak
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