Answer:
research four other examples of inferior goods.
There are many examples of inferior goods. Inferior goods are al those goods whose demand rises in times of economic recession. Some examples are:
Cheap food substitutes like supermarket coffee, instantaneous ramen, or canned vegetables.
Cheap clothes.
Flights in low-cost airlines.
Consider the impact of economic recessions and expansions on normal goods.
Economic recessions impact normal goods negatively because people have less income to spend, and they opt to substitute the normal goods for inferior goods.
discuss how revenues of inferior goods producers are expected to be affected by economic recessions and expansions.
In economic recessions, revenues for producers of inferior goods are expected to rise because demand for inferior goods grows. However, because inferior goods are precisely cheaper, this does not necessarily mean that every inferior good producer will make a lot of money.
In economic expansions, revenues for producers of inferior goods will fall, because people, with more income, will flock to normal goods or even luxury goods.
Answer:
C) if the court finds that Shawn has substantially performed, he will be able to recover the contract price less any damages caused by his failure to perform as promised.
Explanation:
From the question Harry signed a contract with Shawn to build a house. Harry made some specification to build the house. But Shawn did not follow the specifications now Harry doesn't want to pay him the contract amount.
Under doctrine of specific performance, Harry can pay less money than the contract price. Because Shawn has performed substantially, he is not entitled to receive the contract price as agreed.
Answer:
The correct answer is the difference between governance and management oversight.
Explanation:
In conflict and post-conflict situations it is necessary that the security sector is governed by the principles of effective governance and accountability, to prevent this sector from misusing its prerogatives, that the authorities abuse its control over the actors in the security sector and, above all, to build public confidence and establish or restore the legitimacy of the sector (UNODC, 2011). For this to happen, it is necessary that the security sector actors accept that their decisions and actions can be questioned and that any inappropriate behavior can have consequences such as compensation for victims or sanctions. Without this type of accountability and transparency, corruption and other inappropriate behavior can flourish (UNODC, 2011).
Answer:
The correct answer is letter "C": keep prices of downloads low and raise prices for concerts and merchandise.
Explanation:
To maximize profits, Augi's agent should not stop doing any of the commercial activities the pop singer has been carrying out. However, a way to deal with Augi's music internet piracy, the agent could lower the online-song prices but the "losses" can be compensated by raising the concert ticket prices and the singer's merchandise sold there since most of Augi's concerts are sold-outs.
Answer:
1. Gross income = $34,600
2. Adjusted gross income = $31,100
3. Taxable income = $19,960
Explanation:
Given data;
Earned wages = $32,000
Interest received = $2600
Tax contribution = $3500
Personal exemption = $4050
Deductions = $7090
1. Gross income; All earnings before any tax payment or deductions
Gross income = $32,000 + $2600
=$34,600
2. Adjusted gross income:
The adjusted amount from the question is $3500,
Therefore,
Adjusted gross income = Gross income - adjusted amount
= $34,600 - $3500
= $31,100
3. Taxable income: It's calculated using the formula;
Taxable income = adjusted gross income - exemption + deductions
Substituting, we have;
Taxable income = $31,100 - ($4050+ $7090)
= $31,100 - $11,140
=$19,960
