1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Varvara68 [4.7K]
3 years ago
5

Beef is a normal good. You observe that both the equilibrium price and quantity of beef have fallen over time.Which of the follo

wing explanations would be most consistent with this observation?a. New medical evidence has been released that indicates a negative correlation between a person's beef consumption and life expectancy.b. The price of chicken has risen, and the price of steak sauce has fallen.c. The demand curve for beef must be positively sloped.d. Consumers have experienced an increase in income, and beef-production technology has improved.
Business
1 answer:
postnew [5]3 years ago
6 0

Answer: New medical evidence has been released that indicates a negative correlation between a person's beef consumption and life expectancy.

Explanation: The most consistent explanation with this observation is that new medical evidence has been released that indicates a negative correlation between a person's beef consumption and life expectancy. The medical evidence about correlation between the beef consumption of the people and their life expectancy would significantly affect equilibrium price and the quantity of beef bought negatively.

You might be interested in
It's clear that the lives of many creative artists are being transformed by digital technology. But competing schools of thought
Advocard [28]

Answer and Explanation:

Artists' lives have been changed by digital technology. This has created different schools of thought such as the "winner take all" theory, which claims that delivering high quality products at low cost will create a world where small differences in talent demand large differences in reward, and the "long tail"  theory, who claims that digital technology is creating a small portion of sellers that the market will adapt to, promoting low-cost products. These two theories are effective in different realities. However, the existence of both proves the change that programming and technology has been showing in entertainment and in the market.

7 0
3 years ago
The Tuck Shop began the current month with inventory costing $10,000, then purchased inventory at a cost of $35,000. The perpetu
GREYUIT [131]

Answer:

$500 shrinkage

Explanation:

Calculation to determine the amount of shrinkage occurred during the month

Using this formula

Shrinkage=Ending inventory-Actual count

Let plug in the formula

Ending inventory=$10,000 + $35,000 - $30,000 Ending inventory= $15,000

Shrinkage=$15,000 - $14,500

Shrinkage= $500

Therefore the amount of shrinkage occurred during the month is $500

6 0
3 years ago
Your firm has a bond issue with a face value of $250,000 outstanding. These bonds have a coupon rate of 7 percent, pay interest
trapecia [35]

Answer:

$3,675

Explanation:

Calculation to determine the amount of the annual interest tax shield

Using this formula

Annual interest tax shield=Outstanding face value*Coupon rate*Tax rate

Let plug in the formula

Annual interest tax shield = $250,000 *.07 *.21

Annual interest tax shield= $3,675

Therefore the amount of the annual interest tax shield is $3,675

7 0
3 years ago
For most people, the purchase of a Ford automobile would employ which type of consumer decision making?
Nostrana [21]

Answer:

Extended decision making

Explanation:

Extended decision making is the decision making which involve the very high level of the purchase, an internal as well as extensive information search which is followed by the complex computation of the alternatives available and thorough evaluation is taken place when the purchase will take place.

So, for most of the people, when the decision of purchase is to be made like for the Ford automobile, the people will choose the extended decision making as it is expensive, infrequently purchased products.

5 0
3 years ago
The name for computations that allow you to determine how much money to deposit now to earn a desired amount in the future is
nydimaria [60]

Answer:

Future value

Explanation:

The name for computation that allows you to determine how much money to deposit now to earn a desired amount in the future is "Future value." Future value is the equivalent of an asset at a particular date. It estimates specific nominal future sum of cash that an invested sum of money is "worth" at a stipulated period in the future considering a specific interest rate, or more commonly, rate of interest; it is the immediate price multiplied by the aggregation function.

5 0
3 years ago
Other questions:
  • As one increases the number of periods used in the calculation of a moving average,a.greater emphasis is placed on more recent d
    5·1 answer
  • your friend is over spending and in need of a budget whtat type of expenses should they reduce next month?a. buy fewer school bo
    11·1 answer
  • Suppose that a firm has only one variable input, labor, and firm output is zero when labor is zero. When the firm hires 6 worker
    6·1 answer
  • While working at a clothing store, rachel was asked by a customer if they had any "fresh" clothes. rachel remarked that this sto
    11·1 answer
  • Suppose that a monopoly firm finds that its MR is $56 for the first unit sold each day, $55 for the second unit sold each day, $
    11·1 answer
  • Which of the following measures the amount of data that might be potentially lost as a result of a system failure? Recovery Time
    9·1 answer
  • Two firms with identical capital intensity ratios are generating the same amount of sales. However, Firm A is operating at full
    5·1 answer
  • What action involves reconfiguring or redesigning work, jobs, and processes for the purpose of improving cost, quality, service,
    14·1 answer
  • What does CPI stand for and what is it used to measure?​
    7·1 answer
  • The political business cycle refers to Group of answer choices the fact that about every four years some politician advocates gr
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!