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2 years ago

If I told you that income elasticity in the market for hybrid cars is positive, you would know that:

1 answer:

7 0

The best and most correct answer among the choices provided by your question is the second choice or letter B.

If I told you that income elasticity in the market for hybrid cars is positive, you would know that: <span>there are few substitutes for hybrid cars. </span>

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!

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Management is considering replacing its blending equipment. The annual costs of operating the old equipment are $250,000. The an

e-lub [12.9K]

Answer:

$250,000

Explanation:

Since the purchase cost of an old equipment is already incurred and it does not have any kind of impact in decision making so this cost would be considered as the sunk cost i.e. $250,000

The operating cost of old & new equipment would be relevant for calculating the annual cost savings and the current selling value of the old equipment would also be relevant as salvage value

Therefore $250,000 would be considered

5 0

2 years ago

It is unethical to report the wrongdoing of a coworker.

Natalija [7]

It is ethical to report the wrongdoing of a coworker. Which means the answer is false. Hope this helped!

6 0

3 years ago

Read 2 more answers

10 percent decrease in consumer incomes leads to a 20 percent decrease in the quantity demanded of good D. Instructions: Round y

Katyanochek1 [597]

Answer:

Income elasticity = 2

Normal good

Explanation:

Below is the given values:

Percentage decrease in consumers income = 10%

Percentage decrease in quantity demanded = 20%

Use the below formula to find the income elasticity:

Income elasticity = % change in quantity demanded / % in income

Income elasticity = -20/-10

Income elasticity = 2

Since the elasticity is 2 that means good is normal good.

4 0

2 years ago

The balance in retained earnings on December 31, 2017, was $1435000 and on December 31, 2018, it was $1160000. Net income for 20

Inessa [10]

Answer:

b. $556,000.

Explanation:

Retained Earning is an account where all the earnings of the company accumulate and dividend is also paid from this account because it represents the amount the earning associated with the stockholders of the company.

December 31, 2018 Balance of Retained Earning = December 31, 2017 Balance of Retained Earning + Income for the year - Dividend Paid / Declared during the year.

$1,164,000 = $1,440,000 + $1,000,000 - Dividend Paid / Declared during the year.

$1,164,000 = $2,440,000 - Dividend Paid / Declared during the year.

Dividend Paid / Declared during the year = $2,440,000 - $1,164,000

Dividend Paid / Declared during the year = $1,276,000

Stock Dividend Paid - $500,000 + $220,000 = $720,000

Cash Dividend Paid = $1,276,000 - $720,000 = $556,000

6 0

3 years ago

If you had to plan an event or party soon, what would be some suggested themes you would have for a party within the next few mo

Pani-rosa [81]

Answer:

Explanation:

I would do a game party. There would be bored games, such as twister monopoly, and if it is hot, I would do a game called wet head. for the decorations, I would make the house filled with balloons, and then I would do chips and salsa, cake, icecream, and pizza.

6 0

3 years ago

Read 2 more answers