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aivan3 [116]
3 years ago
13

How do changes in consumer income and tastes affect movement of the demand curve?

Business
1 answer:
dezoksy [38]3 years ago
4 0

Answer:

Explanation:

An outward shift in demand will occur if income increases, in the case of a normal good; however, for an inferior good, the demand curve will shift inward noting that the consumer only purchases the good as a result of an income constraint on the purchase of a preferred good.

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2 economy questions ..
kenny6666 [7]
To protect consumers from potentially dangerous manufactured goods, the us government is most likely to use : Regulation
For example, the Government will put safety regulations to ensure that all the goods are fulfilling the standard

hope this helps
3 0
3 years ago
Artisan Inspiration, Inc. is a merchandiser of stone ornaments. The company sold 6,000 units during the year. The company has pr
Jobisdone [24]

Answer:

Option (A) is correct.

Explanation:

Given that,

Units sold = 6,000 units

Sales = $565,000

Selling and administrative expenses  = $67,000

Operating income:

= Sales - Cost of Goods Sold - Selling and administrative expenses

= $565,000 - ($305,000 + $14,000 + $43,000 - $42,000) - $67,000

= $565,000 - $320,000 - $67,000

= $178,000

Therefore, the operating income for the year is $178,000.

5 0
3 years ago
What are your opinons on doge coin?
Reil [10]

Answer:

i think that this the first step for meme domination and how it will be the future currency for the republic of the memers

and also a great leap for the dogs of the united doggys

we will not just take it to the moon but to mars as a meaing of human and dog friendship

Explanation:

dont take it to the moon put it in your  closet for your childs to seal for lots of money

5 0
3 years ago
Read 2 more answers
The Chicago Tribune's published article about BP led to Select one: a. an increase in BP's stock price b. protests c. the positi
never [62]

Answer:

B) Protests

Explanation:

5 0
3 years ago
JKL has 3 million shares of common stock outstanding and 80,000 bonds outstanding. The bonds pay semi-annual coupons at an annua
mylen [45]

Answer:

54.48%

Explanation:

The computation of the weight of equity is given below;

But before that we need to do the following calculations

Total Equity

= 3 million shares × $30

= $90 million

The Value of Debt,

Total Debt = 80,000 (1,000)(0.94)

= $75.2 million

Now the weight of equity is

= $90 million ÷ ($90 million + $75.2 million)

= 54.48%

8 0
3 years ago
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