The actions of the consumers in buying more gasoline when prices drop is the<u> income effect. </u>
<h3>What is the income effect?</h3>
- It is one of the determinants of demand.
- When market prices drop or income rises, consumers have more money to buy more goods.
The price of gasoline dropped and this increased the relative income of consumers because they were able to buy more gasoline.
This is therefore the income effect.
Find out more on the income effect at brainly.com/question/1416285.
A company has net income of $ 225,000 and declares and pays dividends in the amount of $ 75,000 .
c. An increase of $ 150,000 is the net impact on retained earnings is the correct option.
Income is the consumption and savings opportunity that a business captures within a specific time frame, usually expressed in money. Income is difficult to define conceptually and definitions vary by region.
For most people, income means gross income in the form of wages and salaries, return on investment, pension payments, and other income.
The definition of income is the amount of money received by an individual, group or business during a specified period. An example of income is an annual salary of $70,000.
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Answer:70% production
Provide your answers to pick from please.
Explanation:
Answer:
$30
Explanation:
The cash flows from financing activities will include:
+ issuance of preferred stock
+ issuance of bonds
- paid off long-term bank borrowings
- repurchase of common stock
- dividends paid
cash flows from financial activities = $35 + $50 - $15 - $30 - $10 = $30
The $45 resulting from the debt retired through issuance of common stock was not a financial operation, therefore it is not included in the cash flow form financial activities.
The answer is
D. Pre-incident activities include planning to prepare and establish a JIC in every incident requiring emergency response.
