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RUDIKE [14]
3 years ago
13

Suppose the demand function for good X is given by:

Business
1 answer:
fiasKO [112]3 years ago
7 0

Answer:

Explanation:

Q(8) =15 - 0.5 x 10 - 0.8 x 8 = 15-5-6.4=3.6

Q(10) =15 - 0.5 x 10 - 0.8 x 10 =15-5-8= 2

Cross Elasticity = -0.2 / 0.8 = -0.4

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sara works in the IT department for a large retail store. She has been testing a theory about why an error message keeps popping
Nataly_w [17]

Answer: Sara must take a break and come back later.

Explanation: Have you ever struggled with hard problem and found that no matter how much you tried to figure it out, the answer just won’t come to you? This is an all-too-common problem for scientists, philosophers, mathematicians, novelists, musicians, and countless intellectuals alike. But as anyone who wrestles with creative/intellectual problems on the regular will tell you, the solution to a tough problem will often come at a time when they are not focused on the problem directly. To the contrary, solutions to problems often come when they are doing completely unrelated, like taking a walk or in the shower. Working for long stretches without breaks leads to stress and exhaustion. Taking breaks refreshes the mind, replenishes your mental resources, and helps you become more creative. Problem-solving may seem straightforward at first glance, but there are many employees who stumble over one or more of the critical steps, failing to successfully resolve workplace issues. Successful problem-solving requires several important skills that will help you proceed efficiently from identification to implementation.

6 0
3 years ago
Mill Co.’s allowance for credit losses was $100,000 at the end of Year 2 and $90,000 at the end of Year 1. For the year ended De
MatroZZZ [7]

Answer:

The amount worth $6,000 will be debited to the account in Year 2

Explanation:

When the uncollectible accounts are written off, then the debit is created to the allowance and the credit to the accounts receivable. The starting balance in the allowance account is $90,000 and the ending balance is $100,000 and the expense of bad debt is $16,000

The write off is computed as:

Write off = Beginning balance + Bad debt expense - Ending balance

= $90,000 + $16,000 - $100,000

= $106,000 - $100,000

= $6,000

Therefore, the amount of $6,000 is to be write off in Year 2

7 0
4 years ago
Joint _____ prepares individuals, joint forces, or joint staffs to respond to strategic, operational, or tactical requirements c
Masteriza [31]

Answer: Joint training

         

Explanation: In simple words, joint training refers to the process in which an organisation or an entity tries to persuade and influence the behavior of their staff by making teaching them any specific kind of technical skill.

    Such kinds of training are very common in defense forces such as military and police force, where team work and relative trust is of high importance. But these kinds of training are also used by other organizations in cases where the number of candidates is large and it is not possible to train each of them individually.

6 0
4 years ago
The following transactions occur for Cardinal Music Academy during the month of October:
tamaranim1 [39]

Answer:

The entries to record the transactions are given below.

a. Provide music lessons to students for $7,000 cash.

Debit Cash Asset                          $ 7000

CreditService Revenue income   $ 7000

b. Purchase prepaid insurance to protect musical equipment over the next year for $3,000 cash.

Debit Prepaid Insurance equipment Asset $ 3000

Credit Cash Asset                                          $ 3000

c. Purchase musical equipment for $10,000 cash.

Debit Equipment Asset    $ 10,000

Credit Cash Asset            $ 10,000

d. Obtain a loan from a bank by signing a note for $10,000

Debit Cash Asset            $ 10,000

Credit Notes payable     $ 10,000

7 0
3 years ago
The study of the process by which people and countries make choices in the development and distribution of its resources, goods,
Artist 52 [7]
ECONOMICS   
economics refers to the study of the process by which people and countries make choices in the development and distribution of its resources, goods, and services . 
 The process of a country deciding how to use the income from its resources on goods and services is an example of an economic system at work .
5 0
3 years ago
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