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Dovator [93]
3 years ago
9

Which of the following is consistent with the law of​ supply? A. The state of Washington has less apple regulation than Californ

ia​, and apple production is lower in California. B. More passengers chose to travel by airplane after deregulation of airlines. C. An increase in the market price of oranges causes an increase in the production of oranges. D. A doubling of the price of​ salt, led to a 5 percent drop in the quantity of salt consumed.
Business
1 answer:
GuDViN [60]3 years ago
4 0

Answer:

D) A doubling of the price of salt led to 5 percent drop in the quantity of salt purchased.

Explanation:

Law of supply in economics says that when the price increases the supply too increases if other factors is is constant.

Therefore, among the given options the only option that is consistent with the law of​ supply is "A doubling of the price of salt led to a 5 percent drop in the quantity of salt purchased"

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What 3 factors affect the return on savings account
statuscvo [17]

Answer:

The choice between consumption in the present and consumption in the future, perception of a close correlation between current income and consumption, and the smoothing of consumption over time as deriving from its comparison to the income which the individual would perceive as his/her permanent income.

7 0
3 years ago
Which type of workplace discrimination occurs when an organization uses an employment practice that results in unfavorable outco
kipiarov [429]

Answer: When an organization uses an employment practice that results in unfavorable outcomes to a protected class it is known as the adverse impact principle.

This act takes place when a organization, wittingly or not, takes an action that will result in a individual's employment opportunity due to some elements beyond the individual's control.

6 0
3 years ago
Craigburg has a working age population of 20 million. Of those, 11 million are employed and 1 million are unemployed. The unempl
sveta [45]

Answer:

8.3% - 60%

Explanation:

Unemployment rate is the total of unemployed divided by the total workforce. As the question says, there is 1 million of unemployed and  the people able to work is 12 million (1 million unemployed plus 11 employed). So the unemployment rate is 1/12... which is 8.3%

The participation rate is the employed plus the people that have no job but are actively seeking for a job, divided by the population that is in working age. The people who has no job, is in working age and available to work and is actively looking for work is the unemployed (ILO definition of unemployment). So we have 1 million plus the 11 million of employed, we have a total of 12 million. So the participation rate is 12/20... which gives us 60%

7 0
3 years ago
Carl's monthly take-home pay is $2000, and his monthly rent is $500. if both his monthly take-home pay and his rent increase by
sleet_krkn [62]
5% if I am correct please tell me if I am! Thank you!
4 0
3 years ago
Read 2 more answers
Coronado Corporation had net sales of $2,409,000 and interest revenue of $35,100 during 2020. Expenses for 2020 were:
Ivenika [448]

Answer:

                            Coronado Corporation

                  Income statement for the year 2020

                                                       $                  $

Net Sales                                   2,409,000

Interest Revenue                      <u>35,100    </u>

Total income                                               2,409,000

Cost of goods sold                                      <u>(1,452,700)</u>

Gross Income                                                 956,300

Operating Expense

Administrative expenses          215,700

Selling expenses                       <u>287,700</u>

Total Operating Expenses                          (<u>503,400)</u>

Operating Income                                          452,900

Interest expense                                           <u>  (49,800)</u>

Income before Tax                                          403,100

Tax rate 30%                                                   <u> 120,930</u>

Net Income                                                      <u>282,170</u>

Explanation:

Sales and Interest revenue are from the revenue section and totalling them we get total income. After deducting cost of goods sold we have gross income. From here we will subtract operating expenses from gross income to reach at operating income. after deducting interest and tax expenses we can have net income for the year.

3 0
3 years ago
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