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Brut [27]
2 years ago
11

An inferior good is one for which _ _ in buyers income causes

Business
1 answer:
yuradex [85]2 years ago
3 0
An inferior good is one for which an increase <span> in buyers income causes</span> a decrease in demand.

Hope this helps !

Photon
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The wage rate is $10 per hour and the last worker hired by the firm increased output by 100 units. Computers rent for $100 per h
const2013 [10]

Answer:

To minimise cost, the firm should lay off worker and rent more computer as it give more output per dollar invested on it.  This reduce the fixed cost of the company drastically and increase the production of the company.  The marginal cost of production and marginal revenue are economic parameter, which help to determine the amount of output and price per unit of input that will maximise the profits. The point at which marginal revenue is equal to marginal cost maximise the profit.

5 0
3 years ago
In many​ corporations, there is​ "separation of ownership from​ control." what does this​ mean
sesenic [268]
<span>This means shareholders own the corporation, but it is controlled by managers.</span>
3 0
3 years ago
One day, a local theme park charges $40 per person for admission, and 10,000 people visit the park. On another day, the park cha
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Answer:

The low-attendance day falls on an autumn Wednesday, while the high-attendance day falls on a summer Saturday.

Explanation:

There are no rare class of goods which do not follow the Law of Demand

The most probable reason may be the dates are at different time period, when the demand is lower and therefore the price must be lower to generate  enought attendance  to make it profitable. While, the second date is onpeak demand.

8 0
2 years ago
The blueprint of a design is shown to the client at what point in the process
Deffense [45]

Explanation:

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8 0
2 years ago
On its December 31, 2017, balance sheet, Calgary Industries reports equipment of $390,000 and accumulated depreciation of $78,00
ycow [4]

Answer:

For equipment = $430,000

For accumulated depreciation = $104,000

Explanation:

The solution of balances for equipment and accumulated depreciation is shown below:-

balances for equipment and accumulated depreciation

Particulars              Equipment            Accumulated depreciation

Beginning balance $390,000            $78,000

Add:

Addition                   $84,000               $32,000

Less:

Disposition             ($44,000)              ($6,000)

Balance                  $430,000              $104,000

7 0
3 years ago
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