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soldier1979 [14.2K]
3 years ago
13

prince is curently consuming some of good X and some of good Y. If good Y is a normal good for Prince, then an increase in his i

ncome will definitely cause him to a. increase his consumption of X 13. b. increase his consumption of Y. 14 c. decrease his consumption of X 15 d. decrease his consumption of Y
Business
1 answer:
cricket20 [7]3 years ago
4 0

Answer:

b. increase his consumption of Y.

Explanation:

A normal good is a good whose demand increases when income rises and falls when income falls.

If good Y is a normal good, Prince would increases its consumption when income rises.

I hope my answer helps you

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Imagine that you have been a production operator manager for two years at a large gas distibution company. Recently, your direct
Novay_Z [31]

Answer:

d.

Explanation:

Based on the provided choices, the sentence that must be included would be "This restructure will involve partitioning units and redistributing our customers to new developers. OP and SG will have dotted line relations to PPR and SLG." This sentence clearly explains the entire restructuring process and the reason for doing so, while at the same time letting employees know that their departments (hence the employees) will still have a relationship to the new units and developers, therefore keeping their jobs.

6 0
3 years ago
On December 1, Macy Company sold merchandise with a selling price of $9,000 on account to Mrs. Jorgensen, with terms 4/10, n/30.
Marysya12 [62]

Answer:

B) Debit Sales Revenue for $7,968, debit Sales Discounts for $332, and credit Accounts Receivable for $8,300.

Explanation:

The journal entry is shown below:

Cash A/c Dr                   $7,968

Sales Discount A/c Dr $332

     To  Accounts receivable    $8,300

(Being cash received recorded)

The computation of the account receivable  

= Credit sales - returned goods

= $9,000 - $700

= $8,300

And, the discount would be

= Accounts receivable × percentage given

= $8,300 × 4%

= $332

The remaining amount would be credited to the cash account.

8 0
3 years ago
In an interview, a tough question _____. A. May show the interviewer how you think under pressure b. May be designed to rattle y
m_a_m_a [10]

Answer:

D) All of the above

Explanation:

In a job interview, the interviewer must try to determine if a candidate fits the job profile or not, and he/she really has a very limited amount of time. A very effective way of knowing someone is how that person reacts under pressure when faced with really tough and problematic situations. Being interviewed is already tough, and a really difficult question that doesn't necessarily have a right or wrong answer doesn't make it easier.

Many times the applicant's reaction is more important than the answer itself.

3 0
3 years ago
Read 2 more answers
Mackenzie is responsible for buying a week's supply of food and medication for the puppies and kittens at a local shelter. the f
Ira Lisetskai [31]
The budget is $4,240.

There are 164 kittens and 24 puppies.
Let
x = amount spent on each kitten
y =  amount spent on each puppy.

The cost for each puppy is twice a much as that for a kitten. Therefore
y = 2x                  (1)

The available amount is $4,240, therefore
164x + 24y = 4240          (2)

Substitute (1) into (2).
164x + 24(2x) = 4240
212x = 4240
x = $20
y = 2x = $40

Answer: $40 for each puppy.

7 0
3 years ago
The following market information was gathered for the corporation. The firm has 1,000 bonds outstanding, each selling for $1,100
Nana76 [90]

Answer:

9.127%

Explanation:

For calculating the WACC we need to do following calculations which are shown below:

value of debt = 1,000 ×  $1,100 = $1,100,000

cost of debt = 8% ×  (1 - 0.3) = 4.8%

value of equity = 50,000 shares × $18 = $900,000

value of preferred stock = 5,000 × $40 = $200,000

Now

Market value of firm = $1,100,000 + $900,000 + $200,000 = $2,200,000

The formula is shown below:

= Weightage of debt × cost of debt + (Weightage of common stock) × (cost of common stock) + (Weightage of preferred stock) × (cost of preferred stock)

WACC = ($1,100,000 ÷ $2,200,000) × 4.8% + ($900,000 ÷ $2,200,000) × 14% + ($200,000 ÷ $2,200,000) × 11%

= 9.127%

3 0
3 years ago
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