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tester [92]
3 years ago
5

When the price of butter was "low," consumers spent $5 billion annually on its consumption. When the price doubled consumer expe

nditures increased to $7 billion. Recently you read that this means that the demand curve for butter is upward sloping. Do you agree? Explain.

Business
1 answer:
blagie [28]3 years ago
4 0

Answer:

I agree

Explanation:

The demand for butter is increasing as price increases. This means the higher the price, the higher the quantity demanded. This is against the law of demand.

I hope my answer helps you

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Which of the following would be considered the highest risk portfolio? AA portfolio made up of 20% savings accounts, 50% mutual
Vlad [161]

Answer

C. A portfolio made up of 60% stocks, 30% mutual funds and 10% Treasury bonds.

Explanation

In this option, the investment is more than 50% for  the money placed in stocks and the prices for stock keep on fluctuating on daily basis. This is a highly risky investment though investments in stock can give a good return. To safeguard the amounts that were saved, a person has to avoid putting more investments on stock.


7 0
4 years ago
Read 2 more answers
Why might someone who is just starting out prefer a regular savings account to a CD?
iragen [17]
Cds are time deposits that you can close before the term ends but might pay early penalty for withdrawing early. Cds vary with the financial institution. I would say a savings account
6 0
4 years ago
If plant assets of a manufacturing company are sold at a gain of $1,000,000 less related taxes of $350,000, and the gain is not
alekssr [168]

Answer:

D. a gain of $1,000,000 and an increase in income tax expense of $350,000.

Explanation:

Given that

The gain is $1,000,000

And, the taxes is $350,000

So here the income statement that disclose the impact is that

There is a gain of $1,000,000 and also at the same time the income tax expense is rise by $350,000

Therefore the option d is correct

hence, the same would be considered

5 0
3 years ago
A fundamental notion of economic analysis is that all households and firms must make choices because of?
lara31 [8.8K]

A fundamental notion of economic analysis is that all households and firms must make choices because of scarcity.

<h3>What is Economic analysis?</h3>

Economic analysis essential involves the evaluation of of costs and benefits relative to a countries financial reports.

It can be used also for projects based on the benefits of the projects and the viability of the project.

It helps o know how resources are distributed  and the overall impacts the project is making. If the analysis is not well done there can be shortage of resources or scarcity of resources, products and goods.

Therefore,

A fundamental notion of economic analysis is that all households and firms must make choices because of scarcity..

Learn more on Economic analysis below

brainly.com/question/24514964

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4 0
2 years ago
An investor is considering the purchase of​ a(n) 7.625 %​, ​18-year corporate bond​ that's being priced to yield 9.625 %. She th
sweet [91]

Answer:

The correct answer is 18.84%.

Explanation:

According to the scenario, computation of the given data are as follows:

Time period ( Nper) = 18 years

Rate = 9.625%

Let FV = $1,000

Coupon rate = 7.625%

Then, Coupon payment = $1,000 × 7.625% = $76.25

Attachment is attached of financial calculator

So PV = $831.95

After 1 year

Time period (Nper) = 17 years

Rate = 8.625%

Payment = $76.25

Attachment is attached of financial calculator

So, Pv = $912.46

So, we can calculate the holding period return by using following formula:

Holding period return =  Total return ÷ Investment × 100

= ( $912.46 + $76.25 - $831.95) ÷ $831.95  × 100

= 18.84%

7 0
3 years ago
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