Answer:
Differences in abilities and talents
Explanation:
Income inequality refers to variation or discrepancy between income levels of individuals. Income inequality arises on various accounts one of which being, difference in abilities and talents.
All individuals possess different skill sets and their efficiencies vary too. Some individuals are more creative and talented than others while some are more laborious and hardworking.
Each skill set has it's own demand and thus, income is fixed as per the demand of a particular skill set for a given sector.
This leads to some earning lot more than others and differences in pay scales as per the abilities individuals possess.
Answer:
Net cash provided from Operating Activities $301
Explanation:
MYRIAD PRODUCTS COMPANY
Cash flow from Operating Activities:
Net Income $150
Adjustment for non cash effects:
Depreciation $84
Amortization $5
Loss on sale of land $4
Total $243
Changes in operating assets and liabilities :
Decrease in Accounts receivable $17
Decrease in Inventory $18
Increase in Accounts Payable $14
Decrease in Salaries Payable ($14)
Increase in Interest Payable $13
Increase in Income tax Payable $10
Net cash provided from Operating Activities $301
Answer:
B. upward movement along the supply curve.
Explanation:
An increase in the income of a consumer income would have a significant impact on the quantity of goods demanded by him or her such as increasing the demand for automobiles. As a result of the adjustment to a new equilibrium, there is an upward movement along the supply curve
