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baherus [9]
3 years ago
12

The substitution effect is the concept that if the price of x goes ________ , there will be an increase (shift right) to x away

from substitute goods.
Business
1 answer:
oksian1 [2.3K]3 years ago
5 0
The answer is right, if not are there choices
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According to the "J curve effect," a weakening of the U.S. dollar relative to its trading partners' currencies would result in a
liraira [26]

Answer:

Option B                      

Explanation:

In economics, the J-curve impact is frequently used to explain, for example, how a nation's trade balance negatively affects briefly after a depreciation of its exchange rate, then gradually recovers, and eventually exceeds its previous results.

If the currency of a country is appreciated, economists note, there may be a reverse J-curve. For importing nations, the country 's products unexpectedly become more competitive. When other countries will meet the gap at a cheaper profit, the stronger currency would weaken its advantage on exports.

5 0
3 years ago
What do you understand by Ranger?​
NeX [460]

Answer:

A ranger is a person who takes care of a park or piece of land.  

Explanation:

Is there a story or reading that you would like to request support with that concerns the word Ranger?

6 0
1 year ago
Confirm your calculations in Requirement 3 above by increasing the unit sales in your worksheet by 20% so that the Data area loo
PtichkaEL [24]

Answer:

a. $700,000

b. 40% increase

Explanation:

As per the data given in the question,

a)  

Increase in sales = 20%

So last  unit sale

= Unit sales ÷ increased unit sales percentage

= 60,000 ÷ 1.2

= 50,000

Previous year operating income  is

= Last unit sales × (Selling price per unit - variable cost per unit) - Fixed expenses

= 50,000 × ($50-$30) - $500,000

= $500,000

Current Net operating income  is

= Current units sales × (Selling price per unit - variable cost per unit) - Fixed expenses

= 60,000 × ($50-$30) - $500,000

= $700,000

b)

Percentage increase in net operating income is

= (Current Net operating income - Previous year operating income) ÷ Previous year operating income

= ($700,000 - $500,000) ÷ $500,000

= 40% increase

The net operating income is the income which is come after deducting all the variable cost, fixed cost from the sales revenue i.e earned by the company

4 0
3 years ago
How many loads of laundry will each shift pay for if the cost per load rises to 16 quarters? express your answer numerically as
vampirchik [111]

If the price was to rise to $16 quarters then the loads of laundry that each shift would pay for is 112 loads

<h3>How many loads would each shift pay for?</h3>

The amount earned for shift of 75 minutes is:

= 12 x 1.5 hours

= $18

If the cost per load rises to 16 quarters, the number of loads you can afford is:

= Amount earned / cost per load

= 18 / 0.16

= 112 loads

Rest of the question is:

You wash dishes for a chemistry laboratory to make extra money for laundry. You earn 12 dollars/hour, and each shift lasts 75 minutes. Your laundry requires 12 quarters/load.

Find out more on cost per unit at brainly.com/question/8185573

#SPJ1

8 0
1 year ago
Taveras Corporation is currently operating at 50% of its available manufacturing capacity. It uses a job-order costing system wi
Anna35 [415]

Answer:

the  total manufacturing cost assigned to Job P90 is $3,792

Explanation:

The computation of the  total manufacturing cost assigned to Job P90 is given below:

But before that the predetermined overhead rate should be calculated

So,

= ($2,800,000 ÷ 200,000) + $2

= $16

Now the total manufacturing cost is

= $1,472 + $1,056 + 79 × $16

= $3,792

hence, the  total manufacturing cost assigned to Job P90 is $3,792

5 0
2 years ago
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