Fafsa is the student financial aid program, so Vernon would not be able to obtain financial aid for college:( poor vernon
Answer: Tomate Inc can consider an Accept-or-reject special order
Explanation: Accept or reject special order is used when a customer requests for a large amount of goods or product from a manufacturer usually for lesser price than what the manufacturer sells for.
The accept or reject special order is used to determine if the "special order" is profitable or not.
Answer: The equilibrium will shift from right to left, and that would be a recessionary gap
Explanation:
Aggregate supply is the quantity of goods and services producers make available for sale and is equal to the money income received by the owner's of the factors of production. Aggregate demand is the total demand for final goods and services in the economy at a given period of time and at a given price level. It is the sum of money consumers planned to spent on the purchase of output in an economy at a given period of time.The equilibrium level of income is the income level at which aggregate supply equals aggregate demand. The Aggregate income on the other hand, is the total amount of income received by all factors of production in an economy at a given period.
If there is a decrease in aggregate income and spending in an economy, the equilibrium level of income shift from right to left and that would be a recessionary gap. The recessionary gap occurs when when the aggregate demand consisting of consumption, investment and government expenditure is not enough to create condition of full employment. It is the difference of the amount by which aggregate expenditure falls short of the level needed to generate equilibrium national income at full employment without inflation.
Answer:
A. long-term ability to generate sufficient cash to satisfy plant capacity needs, fuel growth, and to repay debt when due.
Explanation:
Solvency is defined as the long-term ability of a business the generate enough cash flow that will allow it to continue its operations and also to pay of its debt when due.
It is used as a measure of the financial health of the business.
A business with good solvency has a high probability of remaining in operation for the foreseeable future.
Answer:
(a) <u><em>normal</em></u>
<em>1.</em><u><em> Less than 1 but greater than 0
</em></u>
Explanation:
<em>Estimating demand elasticity of income is the percentage change in demand quantity divided by a percentage change in income. </em>
Therefore, for a normal good, its demand's income elasticity would be positive.
In this scenario the demand income elasticity is <em>1/25 = 0.4. </em>
So here the truck is indeed a normal good because the value is positive.
