1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
NikAS [45]
3 years ago
14

When the price of a product​ changes,

Business
1 answer:
balu736 [363]3 years ago
4 0

C relative price » sub effect & income effect

You might be interested in
Who should be involved in orientation of new employees? Why would it not be appropriate to provide employee orientation purely o
alexdok [17]

Explanation:

because you are not sure how good they are at working

5 0
2 years ago
When a tax of $1.00 per gallon is imposed on sellers of gasoline, the supply curve for gasoline shifts upward, but by less than
ycow [4]
When a tax of $1.00 per gallon is imposed on sellers of gasoline, the supply curve for gasoline shifts upward, but by less than $1.00. A tax on sellers usually causes buyers to pay more for the good and sellers to receive less for the good than they did before the tax was levied.
8 0
3 years ago
What is the ending balance on the statement of changes in owner's equity for this data?
creativ13 [48]

The Owner's Equity statement illustrates the capital account changes due to contributions, withdrawals, net income, or a net loss. So Ending Balance of the statement of changes in Owner's equity will be; Opening capital + Capital Added + Net Income - Owner's Withdrawals.

A one-page report titled a "statement of owner's equity" compares all assets and liabilities to determine the owner's equity's overall value. The snapshot, which is tracked over a predetermined time period or accounting period, depicts the flow of cash through a company.

Owner's equity is simply the difference between the owner's initial investment in the business and any withdrawals made by the owner. For instance: A real estate project with a value of $500,000 and a loan balance of $400,000 would have $100,000 in owner's equity.

Learn more about owner's equity here

brainly.com/question/24196918

#SPJ4

4 0
1 year ago
Lacy's Linen Mart uses the average cost retail method to estimate inventories. Data for the first six months of 2021 include: be
faust18 [17]

Answer:

Best estimate for inventory =$70,764.85

Explanation:

The closing inventory value at retail

= (Opening inventory + Purchases - sales)  all in retail prices

= $123,000 +  $483,000 - 493,000.

= 113000

Closing inventory value at cost

=113,000 ×  (64,500 + 315,000)/(123,000 +  $483,000)

=70,764.85

Best estimate for inventory =$70,764.85

4 0
3 years ago
Aguilera corp. has a current accounts receivable balance of $336,500. credit sales for the year just ended were $4,515,830. what
Alika [10]

The receivables turnover ratio is an activity ratio computing how proficiently a firm uses its assets.

Receivables turnover ratio can be calculated by: net value of credit sales during a given period divided by the average accounts receivables.

Receivables turnover = sales / receivable

= 4,515,830 / 336,500

= 13.42

 

Days’ sales in receivables = 365 days/ receivable turnover

= 365 / 13.42

= 27.20

The average collection period is 27.20 days.

6 0
3 years ago
Other questions:
  • Sal has been in the landscaping business for over 40 years. when jaime, his business partner, suggested adding snow removal as a
    8·2 answers
  • A department had 65 units which were 20% complete in beginning Goods in Process Inventory. During the current period, 77 units w
    6·1 answer
  • What is the numerical range for credit scores?
    13·2 answers
  • A company's defined benefit pension plan had a PBO of $265,000 on January 1, 2018. During 2018, pension benefits paid were $40,0
    9·1 answer
  • Considering the entire organization's operational efficiency is critical in coordinating international business activities, so g
    11·1 answer
  • Please help me best answer gets BRAINLIEST
    10·1 answer
  • The Electronic Signatures in Global and National Commerce Act makes digital signatures as valid as non-digital pen-and-ink signa
    14·1 answer
  • Prepare a monthly and yearly budget for Bill and Maura Jones based on the following information. They plan
    7·1 answer
  • Emerald Co. uses a perpetual inventory system and records purchases of merchandise at net cost. The company recently purchased 2
    11·1 answer
  • Pablo assured his team that he would advocate for them to receive a much-deserved pay increase. However, when pablo met with the
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!