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3 years ago

6

Goods x and y are complementary goods. an increase in the price of good x has occurred. in the market for good y this will lead

to

1 answer:

eimsori [14]3 years ago

5 0

Both would increase if one increases

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Jillian has just started her first job with a $45,000 salary at a company with a 401(k) plan that has a 100% match up to 3% gros

gogolik [260]

Answer:

Jillian

What Jillian should ideally do is:

a. Contribute 1650 in a Roth IRA, and 1350 In her company’s 401(k) plan.

Explanation:

a) Data and Calculations:

Salary = $45,000

401(k) = 3% of $45,000 = $1,350

Employer's match to the 401(k) = $1,350 (100%)

Savings affordable = $3,000

b) Jillian can contribute to Roth IRA and her company 401(k) which her company will also match 100%. Her contributions to both funds are within the allowed limits. In 2020, the allowed limit of 401(k) plan is $19,500 while that of Roth IRA is $6,000.

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2 years ago

Depreciating assets: a become more valuable over time. b become less valuable over time. c stay the same value. d none of the ab

NemiM [27]

Depreciating means to become less valuable over time, so I believe the correct answer is <span>b. become less valuable over time.</span>

6 0

2 years ago

Read 2 more answers

Trends that have contributed to the recent increase in eating disorders in the United States include a(n): a. More competitive w

sasho [114]

Answer:

The answer is "Option C".

Explanation:

In the US, mental illnesses have increasingly been on the rise, including patterns that are highly valuable in most modern societies. Anorexia and bipolar disorder are also included. These are complicated, severe but potentially destructive. These are also the result of a complex confluence of things such as biology, cell biology, sociology, culture, and the environment.

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2 years ago

What are the frist 10 amendments called

PSYCHO15rus [73]

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8 0

3 years ago

If the price elasticity of demand for a product is 2.5, then a price cut from $2.00 to $1.80 will:

saul85 [17]

Answer:

c

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.

Percentage change in price = (1.8 - 2) / 2 = -0.10

2.5 = percentage change in quantity demanded / -0.10

percentage change in quantity demanded = 0.10 x 2.5 = 0.25 = 25%

Because there was a decrease in price, demand would increase by 25%

5 0

2 years ago