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const2013 [10]
3 years ago
13

How can a change in income shift a demand for goods?

Business
1 answer:
salantis [7]3 years ago
8 0

The demand of something means how the insistency or desire to purchase that item. When there is a shift in income, demand for goods change drastically. If the income level for a person rises, then the demand for goods that they may not have been able to afford before rises and the cheaper options decline. If the income shift drops, the demand for the goods previously affordable may go down, due to not being able to afford them anymore.

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A. 4.8%
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D. 11.5%

A. 9%
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8 0
3 years ago
Brittany and Brandon are both charged $250 for an office visit to the same specialist. Brittany's reimbursement policy has a ded
Contact [7]

Answer:

b) Brittany will pay more because she must pay the entire bill since she has not met her deductible while Brandon will have part of his bill paid by his policy.

Explanation:

since Brandon only $150 as the maximum amount his plan provides for a visit to any specialist, Brittany will have to pay more since Once she has met the deductible, the policy will cover the full cost of her visits.

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3 years ago
Other things held constant, if a bond indenture contains a call provision, the yield to maturity that would exist without such a
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Answer:

Other things held constant, if a bond indenture contains a call provision, the yield to maturity that would exist without such a call provision will generally be <u>lower than</u> the YTM with a call provision.

Explanation:

That is the correct answer to the question asked about bond indenture.

8 0
3 years ago
External costs are those costs: Multiple Choice that fall directly on an economic decision maker. that fall indirectly on an eco
Maksim231197 [3]

Answer:

The correct option is D

Explanation:

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So, the external cost is defined as the cost that is imposed without any compensation on someone other than the person who cause or incur it.

7 0
3 years ago
On June 1 of the current tax year Elisha and Ezra (who are equal partners) contribute property to form the Double E Partnership.
Helga [31]

Solution:

The relationship is called the deal to run the company by adding money, by distributing the business risk, etc. We share profit and loss from their relationship and the net profit is the partner's profits.

Calculating the basis of partners

Elisa's basis in partnership :

Particulars                                                         Amount $

Cash contribution                                                  200,000

Add:  

Share of the liability on the contributed land   70,000

Share of the construction debt                           10,000

Share of the accounts payable debt                     4,100

Share of partnerships taxable income                    15,000

Hence, Elisha's basis in the partnership on December 30. $299,100

Ezra's basis in partnership

Particular                                                             Amount $

Land and building                                                     340,000

Less: Debt assumed by the partnership             140,000

Add:  

Share of liability on contributed land                      70,000

Share of construction debt                                      10,000

Share of accounts payable debt                               4,100

Share of partnerships taxable income                      15,000

Ezra's basis in partnership on December 30. $299,100

8 0
3 years ago
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