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VikaD [51]
3 years ago
14

The substitution effect is the change in consumption due to: A. a change in utility. B. a change in income. C. a change in the a

vailability of complements. D. a change in relative prices.
Business
1 answer:
vlabodo [156]3 years ago
5 0

Answer:

Option (D) is correct.

Explanation:

There are two kinds of effect:

(1) Substitution effect : It is related to the relative price changes.

(2) Income effect: It is related to the change in purchasing power.

The substitution effect refers to the change in the consumption of a good with any change in the relative price of the good. If there in an increase in the price of one good then as a result the demand for that good decreases and the demand for other substitute good increases because of the lower price.

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Tugas pengurus projek ​
Gelneren [198K]

Answer:

tak faham bagi la soalan penuh

5 0
3 years ago
Suzanne's Cleaners is considering a project that has the following cash flow data. What is the project's payback?Year 0 1 2 3 4
Ksenya-84 [330]

Answer:

3.52 years

Explanation:

In the payback, we analyze in how many years the invested amount is recovered. The computation is shown below:

In year 0 = $1,100

In year 1 = $300

In year 2 = $310

In year 3 = $320

In year 4 = $330

In year 5 = $340

If we sum the first 3 year cash inflows than it would be $930

Now we deduct the $930 from the $1,100 , so the amount would be $170 as if we added the fourth year cash inflow so the total amount exceed to the initial investment. So, we deduct it

And, the next year cash inflow is $320

So, the payback period equal to

= 3 years + ($170 ÷ $330)

= 3.52 years

In 3.52 years, the invested amount is recovered.

7 0
3 years ago
Given a stock index with a value of $1,500, an anticipated dividend of $62 and a risk-free rate of 5.75%, what should be the val
Mazyrski [523]

Answer:

$1,356.44

Explanation:

Computation for the value of one futures contract on the index

Using this formula

Futures contract =(Stock index value/(1+Risk-free rate)-Anticipated dividend

Let plug in the formula

Futures contract=$1,500/(1+0.0575) - $62

Futures contract=$1,500/(1.0575) - $62

Futures contract=$1,418.44 - $62

Futures contract=$1,356.44.

Therefore the value of one futures contract on the index will be $1,356.44.

4 0
3 years ago
_____ include(s) stocks of completed goods, work in process, and raw materials
son4ous [18]
Inventory includes<span> stocks of completed goods, work in process, and raw materials. 

</span>Inventory is the products and materials that a business holds for definitive objectives to have a reason for resale.

<span>The idea of inventory has been reached out from assembling frameworks to benefit organizations and tasks, by summing up the definition to be "all work inside the procedure of creation all work that is or has happened preceding the fulfillment of generation." with regards to an assembling generation framework, stock alludes to all work that has happened - crude materials, in part completed items, completed items before deal and takeoff from the assembling framework. With regards to administrations, stock alludes to all work done a preceding deal, including halfway process data.</span>
6 0
3 years ago
It is anticipated that the worldwide shortage of highly skilled, college-educated workers will increase significantly by 2020, a
Charra [1.4K]

Answer:

A

Explanation:

As by 2020 college educated and skilled workers will be short, so companies instead of hiring more skilled workers are relocating their already hired experts and transferring some of their tedious lower skilled tasks to other workers thus reducing their cost of hiring more experts.

By redefining these __high value__ knowledge jobs, they address ___skill__ shortages and _____lower___ costs while enhancing job satisfaction.

3 0
3 years ago
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