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ANTONII [103]
3 years ago
8

Maria graduates from college and her income increases by ​$35,000 a year. Nothing else changes. Maria decreases the quantity of

donuts and pizza that she buys and increases the quantity of tickets to orchestra concerts that she buys.
For Maria, ________.
A. ketchup and chocolate chip cookies have become complements
B. ketchup and chocolate chip cookies are inferior goods
C. ketchup and winter vacations have become substitutes
D. winter vacations and chocolate chip cookies are normal goods
Business
1 answer:
tia_tia [17]3 years ago
6 0

Answer:

B. ketchup and chocolate chip cookies are inferior goods 

Explanation:

The options and the question seems not to match. The correct question can be found here: https://www.chegg.com/homework-help/questions-and-answers/maria-graduates-college-income-increases-35-000-year-nothing-else-changes-maria-decreases--q30165223

A normal good is a good whose demand increases when income increases. In this question, winter vacations is a normal good.

An inferior good is a good whose demand increases when income falls and whose demand falls when income rises. In this question, ketchup and chocolate chip cookies are inferior goods.

I hope my answer helps you

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If your investment doubles in 6​ 3/4 years, what approximate annual rate of return would you have​ earned? If you could earn an
Akimi4 [234]

Answer:

annual rate of return  = 10.67 %

time required for investment double = 9.60 years

Explanation:

given data

investment doubles = 6 \frac{3}{4} year

annual rate = 7.50%

solution

we get here annual rate of return by rule no 72 that is

investment doubles = \frac{72}{annual\ return \ rate }     ........1

put here value

annual rate of return = \frac{72}{6\frac{3}{4} }

annual rate of return  = 10.67 %

so time required for investment double by rule 72

time required for double investment = \frac{72}{7.50}

so time required for investment double = 9.60 years

6 0
3 years ago
Activity A1 takes 5 weeks, A2 takes 7 weeks, and A3 takes 4 weeks with a 50% probability and 10 weeks with a 50% probability. Wh
meriva

Answer:

12

Explanation:

The computation of the project completion time under the best-case scenario is shown below;

= Activity A1 weeks taken + activity A2 weeks taken

= 5 weeks + 7 weeks

= 12

We simply added the time taken by activity 1 and activity 2 so that the project completion time could come

5 0
3 years ago
​________ is defined as the shared technology resources that provide the platform for the​ firm's specific information systems a
Ksenya-84 [330]
Hello
the answer is b
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7 0
4 years ago
Builders Corporation (Builders) is a general contractor. Builders wished to bid on a construction project and solicited bids fro
Brrunno [24]

Answer:

Alpha is liable for nothing.

Explanation:

Builders requested Alpha to make a discount (which is considered a counteroffer) but Alpha rejected it. At this point there was no valid offer anymore, and luckily for Builders, they lost the bid. Since a counteroffer invalidates an original offer, Alpha didn't have any type of obligation with Builders to perform at $75,000. The new price between them was $90,000, take it or leave it. Builder's president made a mistake when he made his counteroffer and if they had won the contract, then they would have needed to look at the other offers.

3 0
4 years ago
Sicilian Defence, a division of Queen's Gambit Corp., has a net operating income of $60,000 and average operating assets of $300
Anon25 [30]

Answer:

Queen's Gambit Corp.

Sicilian Defence Division

If the manager of the Sicilian Defence division is evaluated based on residual income, will she want to make an investment of $100,000 that would generate additional net operating income of $18,000 per year?

Yes.

The additional investment yields comparable positive Residual Income.

Explanation:

a) Data and Calculations:

Net operating income of Sicilian Defence Division = $60,000

Average operating assets = $300,000

Required rate of return for the company = 15%

Residual income (RI)= Operating Income - (Operating Assets x Required Rate of Return)

= $60,000 - ($300,000 * 15%)

= $60,000 - $45,000

= $15,000

Investment cost = $100,000

Additional net operating income = $18,000

Residual Income = $18,000 - ($100,000 * 15%)

= $18,000 - $15,000

= $3,000

Total residual income = $78,000 - ($400,000 * 15%)

= $78,000 - $60,000

= $18,000

8 0
3 years ago
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