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3 years ago

The permanent income hypothesis suggests that consumer:

Business

1 answer:

zimovet [89]3 years ago

5 0

Answer: d. spending depends on income people expect over the long term, rather than on current income.

Explanation:

The permanent income hypothesis states that people will spend money at a level equal to their permanent income which is their expected long-term average income.

The consumption function states that consumption is equal to autonomous consumption and consumption is dependent on disposable income.

The savings function shows the relationship between savings and income.

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When does a cure occur?

Ratling [72]

Answer:

The correct answer is B

Explanation:

Under the contract law, the cure is defined as the seller who mostly has a limited right to fix or else cure the problem, when the goods or the delivery under the contract fails to accomplish the particular terms of the contract.

When the time for the performance has not expired or lapsed, the seller might cure any kind of the non- conformity. So, the cure happen or occur when the seller ships the conforming goods to the buyer in order to replace the prior tender which is non- conforming.

4 0

4 years ago

What is it about incentive systems that makes them so attractive to leaders attempting to implement organizational change

sveticcg [70]

Answer:

Incentive systems are so attractive to leaders who attempt to implement organizational change because they are powerful tools that can influence and motivate workers to embrace organizational change.

Explanation:

Incentive systems promote and encourage specific workers' actions or behavior. They are particularly used in businesses to motivate employees to adopt certain behaviors during a change transition by management. Studies have shown that if correct incentive systems are correctly selected, implemented, and monitored, they can increase team performance by an average of 44 percent. This improved performance makes incentive systems attractive to leaders who are implementing organizational changes.

4 0

3 years ago

The Backwoods American Company produces approximately 20,000 parkas annually. The quality-management program the company impleme

Vsevolod [243]

Answer:

2014 Product yield will be 18,560

Explanation:

Calculation of Product Yield from 2010 to 2014

Since it begins with 83% good-quality parkas in 2010 and the percentage of good parkas was produced by 2�ch year which means we would add 2% to each of the year starting from 2011 to 2014

2010:

20,000(.83)= 16,600

20,000-16,600=3,400

3,400(.20)=680

680+16,600= 17,280

2011:

20,000(.85)= 17,000

20,000-17,000=3,000

3,000(.20)=600

600+17,000= 17,600

2012:

20,000(.87)

= 17,400

20,000-17,400

=2,600

2,600(.20)= 520

520+17,400= 17,920

2013:

20,000(.89)= 17,800

20,000-17,800=2,200

2,200(.20)=440

440+17,800= 18,240

2014:

20,000(.91)

= 18,200

20,000-18,200

=1,800

1,800(.20)

=360

360+18,200

2014 Product yield= 18,560

7 0

3 years ago

In its first month of operation, Ivanhoe Company purchased 320 units of inventory for $5, then 420 units for $6, and finally 360

Dovator [93]

Answer:

Phantom profit = $680

Explanation:

Phantom profits or illusionary profits are used in the context of inventory, during periods of rising costs. It is the difference between profit reported using the historical cost and the profit that would have been reported if the replacement cost was used. To understand this, we need to know the cost of goods sold under both the LIFO and FIFO methods.

Total inventory:

1. 320 units x $5 = $1600

2. 420 units x $6 = $2520

3. 360 units x $7 = $2520

If ending inventory was 400 units, the number of units sold =

Total inventory - ending inventory

(320 + 420 + 360) - 400 = 700 units

FIFO is where by the inventory that first enters the business is the one used first. Common for inventory consisting of perishable goods.

This would be used up as:

1. 320 units x $5 = $1600

2. 380 units x $6 = $2280

Hence, COGS under FIFO = $2280 + $1600 = $3880

LIFO is a method of inventory valuation where the inventory that comes in last is first to be used. This is common in bulk inventory stacked one on top of the other. COGS under this method:

1. 360 units x $7 = $2520

2. 340 units x $6 = $2040

Thus, COGS under LIFO is $2520 + $2040 = $4560

COGS is $4560 when using LIFO and $3880 when using FIFO. Thus, the phantom profit is $4560 - $3880 = $680.

8 0

3 years ago

Storyboards are not detailed enough to show human-computer Interface features.

Firdavs [7]

Answer:

False

Explanation:

5 0

4 years ago