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stepladder [879]
2 years ago
5

In placing a tire order with Goodyear, River City Industrial Supply finds that the truck tires it is ordering have increased $37

.50 in price since the last order. River City proceeds with the order, confident that it can pass on the price increase to future customers. This is an example of business products having ____ demand.
Business
2 answers:
andre [41]2 years ago
8 0

Answer:

Inelastic

Explanation:

Inelastic demand is when the buyer's demand does not change as much as the price changes. When price increases by 20% and demand decreases by only 1%, demand is said to be inelastic.

Inelastic demand in economics is when people buy about the same amount, whether the price drops or rises. This situation happens with things that people must have, like gasoline and food. Drivers must purchase the same amount even when the price increases.

pochemuha2 years ago
4 0

Answer:

The correct answer is b. inelastic .

Explanation:

Considering that inelastic demand occurs when substitute products do not exist or are not available, River City is forced to take the order beyond evidencing a high value compared to other previous purchases. The main behavior to the final consumer is also changing considering that the profitability margin that River City must handle in any way any variation in the prices of its tire supplier.

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Hiram has learned to seek attention by engaging in appropriate behavior namely by watching his brother receive attention for hit
Vlad [161]
<h2>Modeling is the behavior used by Hiram</h2>

Explanation:

Modeling behavior:

It is also called "Observational learning".

Modeling behavior, imitates the action of another person by observing the person.

Real-life example:

Take an example of infants and child. They learn initially by observing their parents, siblings. When they slowly start moving out of home, they learn from surroundings and so on. Even the elderly learns new language by observing and imitating only.

Conclusion for the situation:

According to the given situation Hiram is actually observing his brother's behavior and imitating the same.

7 0
3 years ago
When the share of individual income tax collected by the government from people with higher incomes is smaller than the share of
Fynjy0 [20]

Answer:

Regressive tax

Explanation:

This is an example of a regressive tax because the regressive tax is those tax that impacts more on the lower-income groups as compared to the higher income. While the progressive taxes are imposed on the basis of the income that means higher the income, higher the taxes. Secondly, the proportional taxes are a flat tax that remains flat irrespective of the income. While in the case of optional tax, there are some rebates or benefits is given to a certain income group of people. Therefore, from all the given options, the option regressive tax is correct.

5 0
3 years ago
An individual taxpayer reports the following items for the current year: Ordinary income from Partnership A, operating a movie t
wel

Answer:

$74,000

Explanation:

Calculation to determine the taxpayer’s adjusted gross income for the year

Taxpayer’s adjusted gross income=Net loss from Partnership B+Capital gain from sale of stock

Let plug in the formula

Taxpayer’s adjusted gross income=$70,000+ $4,000

Taxpayer’s adjusted gross income=$74,000

Therefore the taxpayer’s adjusted gross income for the year is $74,000

5 0
2 years ago
Jill needs to pay the web developer who created a new website for her brokerage, but her checking account is low, so she floats
Radda [10]

The term that has to do with the offense that Jill has committed by floating herself this loan is Commingling and conversion.

<h3>What is Commingling and conversion?</h3>

Commingling has to do with the way that cash is deposited into an account on behalf of a given client.

Conversion has to do with the use of the cash for purposes that are outside the reasons why it was deposited.

Read more on cash deposits here: brainly.com/question/1752098

#SPJ1

8 0
2 years ago
An express warranty is created when a seller: makes an affirmation of fact or promise concerning the goods that becomes part of
laiz [17]

Question:

An express warranty is created when a seller:

A) makes an affirmation of fact or promise concerning the goods that becomes part of the basis of the bargain.

B) uses descriptive terms as a part of the bargaining process, but the buyer does not take it into consideration when making the purchase.

C) sells goods meant for use for ordinary purposes.

D) avoids using a sample or model as the basis for the contract.

Answer:

The correct choice is A)

An express warranty is created in the contract when a supplier makes a promise concerning the goods that the buyer can hold on to as an incentive to purchase the product.

Explanation:

For example, if a consumer buys a Laptop online, but when it arrives the item is the wrong specifications, wrong color, or is dented or damaged in anyway, an <em>express warranty</em> might entitle the consumer to a refund or replacement.

This warranty usually is stated upfront prior to or during the execution of the sales transaction.

Cheers!

4 0
3 years ago
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