Answer:
Steak is a normal good, and hamburger is an inferior good for Jennie
Explanation:
Based on this behavior, we can assume steak is a normal good, and hamburger is an inferior good for Jennie. That is because a normal good is any good who's demand increases when there is a rise in the consumers' income, while an inferior good sees decreased demand due to a rise in income. Therefore, since Jenna buys more (increased demand) steak and less (decreased demand) hamburger due to her increased income this means that steak is a normal good, and hamburger is an inferior good for Jennie
Answer:
To encourage someone to do something.
Explanation:
Incentives is defined as a thing that encourages someone to do something. One negative incentive is to charge a big fine on the motorists for the high speed in the school hours so that they obey the laws strictly while on the other hand, example of positive incentive is to give rewards or gifts or medals to those who obeys the law of speed limits in the school hours.
Answer:
The journal entries are as follows:
(1) Accumulated depreciation - Building A/c Dr. $250,000
To Cash $250,000
(To record the replacement of heating system)
(2) Building A/c Dr. $750,000
To cash $750,000
(To record the new wing)
(3) Maintenance expense A/c Dr. $14,000
To cash $14,000
(To record the maintenance expense)
(4) Equipment A/c Dr. $50,000
To cash $50,000
(To record the new equipment)
Answer:
The average hourly rate for Librarian ranges from $27 to $38 with the average hourly pay of $32. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $27 to $38.....
