Answer:
This is the result of law of demand and elasticity of demand
Explanation:
The law of demand states that, other things remaining equal, the higher the price of a commodity, the lower the quantity demand of that commodity. Also, the observed goods in the question is a normal good because all normal goods obey the law of demand.
In addition, the price elasticity of demand is ELASTIC. This means the good is sensitive to price. A 1% increase in price will lead to a significant decrease in quantity demanded.
Also the income elasticity of demand is negative, meaning an increase income means the quantity demanded will decrease. This usually happens for inferior goods.
All these three points can cause it
Answer: D. $600 included in Ned's medical expenses
Explanation:
The amount that Ned can include in his itemized deductions will be the $600 that's included in Ned's medical expenses.
It should be noted that the medical expenses will be under the itemized deductions. On the other hand, the other options will be under the miscellaneous itemized deductions. Therefore, the correct option is D.
The answer to this question is a Compressed work week.
Compressed work week is a work schedule where the employees can work by compressing the work schedule from the traditional number of working days. This also means that the employee's work week is reduced to less than 6 days. Compressed work week also gives benefit to an employee for having an additional day off.
Answer:
The company or government goes into debt to those who purchase the bonds.( B.)
Answer:
Revenue
Explanation:
Revenue is the income generated from normal busniss operations and includes discounts snd deductions for returned merchandiss
