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SIZIF [17.4K]
3 years ago
5

Construction of new homes decreases. This will cause the demand curve to shift ___________ for complimentary goods used to build

the homes such as timber.
Business
1 answer:
Maslowich3 years ago
6 0

Answer:

to the left

Explanation:

<em>When the construction of new homes decreases, the demand curve for complimentary goods used to build homes </em><em>shift to the left</em><em> as a result of a decrease in their demands.</em>

<u>The demand curve is a graph that shows the demand for a product in relation to the price of the product at a specific point in time. When the demand for a product increases, the curve shifts to the right, and when it decreases, the curve shifts to the left.</u>

Complementary goods are goods that are required in conjunction with other goods or services. For example, timbers are required for buildings, hence, they timbers serve as complementary goods to buildings.

When the construction of new homes decreases, it means there will be less demands for timbers and as such, the demand curve will shift to the left.

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Peter is consulting someone who sells commercial real estate. Peter wants to make sure he's in a good place business wise and that it is the best time before he makes the purchase for a new building. By consulting the agent, he can get a better understanding of when the right time to purchase will be. 
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3 years ago
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The following transactions occurred during November: Borrowed $2,700 from the bank in and signed a promissory note. Received $52
Anarel [89]

Answer: $5,000

Explanation:

Going by the Accrual principle in accounting, revenue is only to be recognized when earned. This means that revenue from services performed in October and revenue from services to be performed in December, will not be part of revenue reported in November.

Revenue to be recorded in November income statement = Billed $3,950 to customers for services performed on account in November + Received $1,050 cash for services performed during November

= 3,950 + 1,050

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6 0
3 years ago
One of the basic premises in finance is that when the risk of an investment is high, the rate of return required by the investor
Aleks04 [339]

Answer:

A. High

Explanation:

When an investment is considered risky, investors would demand a high rate of return as compensation for holding a risky investment.

The required rate of return is usually higher than the short term t bills rate.

I hope my answer helps you.

5 0
3 years ago
Public debt includes debt that is held by:________
ELEN [110]

The answer is Public debt includes debt that is held by the social security Administration.

Public debt is the total amount, including total liabilities, borrowed by the government to meet its development budget.

What is Public debt?

  • Public debt has to be paid from the consolidated fund of India. It is also used to refer overall liabilities of central and state governments, but the union government clearly distinguishes its debt liabilities from the state.
  • The sources of public debt are dated government securities (G-Secs), treasury bills, external assistance, and short term borrowings.
  • However, if the public debt is calculated as government liabilities, which also includes the liabilities of states.

To learn more about Public debt

Visit: brainly.com/question/27648457?

#SPJ4

7 0
1 year ago
The income approach calculates the _____.
Fantom [35]

Answer:

National income

   

Explanation:

 Income method of gross domestic product (GDP) measurement is focused onto the accounting fact that almost all economic spending should be equivalent to the amount of revenue earned by the output of all consumer products and services.

This method also supposes that an economy has 4 major production determinants and all earnings must go to any of these 4 sources. Thus a simple calculation of the gross tangible value of commerce over a span could be made by combining all revenue sources.

Thus, from the above we can conclude that the correct option is C.

8 0
3 years ago
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