If you started a car wash service today but didn't have the funds to pay

The distinction between a normal and an inferior good is A. normal goods are used for the same purposes while inferior goods are

zubka84 [21]

Answer:

The correct answer is C. when income increases, demand for a normal good increases while demand for an inferior good falls.

Explanation:

The normal good is that whose quantity demanded for each of the prices increases when the rent increases. A lower good is one whose quantity demanded decreases when income increases. The inferior goods are usually those for which there are higher quality alternatives. When it comes to a normal good, increasing the income of the consumer increases the quantity demanded at each price. Causing a shift in demand to the right.

3 0

3 years ago

Chandler Sporting Goods produces baseball and football equipment and lines of clothing. This year the company had cash and marke

Lapatulllka [165]

Answer:

The company's net working capital is $2123612

Explanation:

Working Capital

Current Assets:

Cash & marketable securities worth $335,485

Inventory of $1,651,599

Accounts receivables $1,488,121

Other current assets $121,427

Total Current Asset $3,596,632

Less:

Current Liabilities:

Accounts payable worth $1,159,357

Short-term notes payable worth $313,663

Total Current Liabilities $1,473,020

Net Working Capital $2,123,612

7 0

3 years ago

What are two inputs to the solution vision?

Bumek [7]

Customer feedback and Strategic Themes are two inputs to the solution vision.

A high-level architectural plan that addresses present company needs is a solution vision. These requirements include the architectural layer changes. As modifications in architecture are never the intended goal alone, it always has business benefit.

The Vision provides a summary of the developed Solution's potential future state. It reflects the features and capabilities that have been offered to address the needs of customers and stakeholders.

Learn more about solution vision here

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3 0

2 years ago

Buying the beneficiary position on a life insurance policy of someone who is dying

MaRussiya [10]

Buying the beneficiary position on a life insurance policy of someone who is dying is referred to as Viatical Settlement

Explanation:

Viatical settlement refers to the sale of a life insurance policy by the owner to a third party for a amount which is more than its surrender value but less than its net death benefit.

Viatical settlement provides the policy owner with a lump some amount of money.

The viatical settlement is tax-free as per the Health Insurance Portability and Accountability Act (HIPAA) 1996

6 0

3 years ago

Go Zone plans to introduce four tablet models over the next year. These models range from basic readers at $99 per unit, to more

Savatey [412]

Answer:

Product line Pricing

Explanation:

The reason is that when the manufacturer produces a number of quality range products and price them accordingly. This means that the customer who has different level of purchasing power can fulfill his needs and wants accordingly. So producing a single product limits the satisfying of needs and wants of small customer segment whereas producing multiple product range helps in targeting a range of customer segments. The different prices of tablets charged here for different products actually reflects the prices of the products.

7 0

3 years ago