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3 years ago

To an economist, an increase in demand means the same thing as an increase in quantity demanded.

1 answer:

7 0

This is false. An increase in demand is more major than an increase in quantity demanded. Quantity demand refers to the demand of a product at a particular price and is only a movement on the demand curve. An increase in demand would cause the demand curve to shift which is more major than a movement and it encompasses the entire relationship between price and demand.

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Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of 8,988. The

cluponka [151]

Answer:

$6,809.04

Explanation:

Calculation to determine what her net pay for the month is

Gross Pay (a) $8,988

Less: Deductions

Social Security Tax $557.26

($8,988 * 6.2%)

Medicare Tax $130.33

($8,988 * 1.45%)

Federal income Tax $1,491.37

Total Deductions (b) $2,178.96

Net Pay (a-b) $6,809.04

($8,988-$2,178.96)

Therefore her net pay for the month is $6,809.04

6 0

2 years ago

Your career goals might help determine the postsecondary educational institute you attend.

Phantasy [73]

Answer:

true

Explanation:

What you do now or what your planning on doing can always determines what you can possibly do next. But you have to make sure your not doing or posting anything bad on the internet or else they won't hire you.

7 0

3 years ago

When the balance of an equity account, like Capital Stock, increases, it means that the account has been: Multiple Choice Deposi

Soloha48 [4]

Answer:

Credited

Explanation:

Equity Account increase on the credit side and decrease on the debit side.

So, when the account increased, we say it has been credited. This means further stock has been issued to new or existing owners.

8 0

3 years ago

A strong internal control system will reduce the amount of substantive testing that must be performed.A ) True B ) False

Doss [256]

Answer:

A) True

Explanation:

The internal control structure deals with the rules, laws, procedures, practices that vary from company to company that are necessary to attain an organization's goals and objectives.

The substantive testing is an audit process aimed at checking the accuracy and reliability of the financial statements. To check if the financial statements are free from any errors, mistakes, fraud, etc. that can change users' decisions.

The financial statements should be relevant, reliable and finalize in all respects.

Therefore, a strong internal system will reduce the quantity of substantive testing required.

4 0

3 years ago

What's the difference between a brand-name and a generic product? A. The company that sells the product B. The side effects of t

katen-ka-za [31]

Answer:

Explanation:

The quality should be about the same.

The social responsibility should also be about the same.

There shouldn't be side effects of most products. If you are speaking of medications, there really ought to be the same side effects with the same severity and the same statistical occurrences.

The only difference is the company selling the product.

There have been exceptions to this where different "fillers" were used in the generic brand and the side effects were different and more severe. I've only heard of one case however and I cannot remember what it was. Manufacturers were careful not to let it happen again.

4 0

3 years ago