1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lina2011 [118]
3 years ago
6

In order to raise revenue in the city of Hamlet, the city considered assessing a local tax on food served in restaurants. When f

orecasting the amount of revenue that would be generated by the new tax, the budget officials suggested that about 10% of current customers would likely quit eating out in Hamlet and drive to the nearest town. This is an example of
Business
1 answer:
Rasek [7]3 years ago
6 0

Answer:

Dynamic forecasting

Explanation:

Dynamic forecasting occurs when present forecast is made based on previous forecasts on the value of dependent variable.

On the other hand static forecasting is when actual previous vales to make present forecast.

Budget officials suggested that about 10% of current customers would likely quit eating out in Hamlet and drive to the nearest town

So a forecast is made on previous forecast.

You might be interested in
William and Charlotte Collins divorced in November of year 1. William moved out and Charlotte remained in their house with their
anzhelika [568]

Answer: B. Charlotte

Explanation:

Preference is given to people that live with the dependent so this puts William at the least priority because he doesn't live with Autumn thereby leaving Charlotte and her mother.

Preference is then given to the biological parents of the dependent which means that Diana is has second priority. Charlotte is therefore the the most preferred to claim her daughter as a dependent which would allow her greater tax deductions.

5 0
3 years ago
In​ 2008, as a financial crisis began to unfold in the United​ States, the FDIC raised the limit on insured losses to bank depos
Dafna1 [17]

Answer:

The correct answer is option D.

Explanation:

In​ 2008, as a financial crisis began to unfold in the United​ States, the FDIC raised the limit on insured losses to bank depositors from​ $100,000 per account to​ $250,000 per account.

During the financial crisis, there was a sense of panic. The regulators were concerned that depositors would expect their banks to crash and would fear that they may lose their money. The regulators expect the depositors to pull money back from their banks. The money supply will get reduced further. This will further reduce the money with banks. This could lead to even healthy banks to fail.

Raising the insurance limit would reassure depositors that their money was safe in banks and prevent a bank panic. This will further help to stabilize the financial system.

4 0
3 years ago
Consumers are particularly price-responsive when:a. it is difficult to substitute across suppliers and prices are high. b. they
s344n2d4d5 [400]

Answer:

The correct answer is the option C: there are many substitute goods available for a product, and they have a long time horizon to adjust their consumption.

Explanation:

To begin with, the concept known as <em>''price-responsive'' </em>in the marketing field and in the business world refers to the ability by the consumers to adjust their consumption behavior regarding the prices that are being charged by the company in order to control the use of the good itself and therefore to avoid paying high prices. Moreover, it is understood that in this theory scheme the consumers are adaptative to the services price changes that the company tends to do.

8 0
3 years ago
What type of body language are helpful when saying no to a situation
Roman55 [17]
Not slouching. having good eye contact. have good hand gestures. 
7 0
3 years ago
What is the new fourth sector of the economy
Naddik [55]

information technology

5 0
3 years ago
Other questions:
  • True or False. Emulsifying agents are sometimes added to oils for production of cutting fluids, which are to be mixed with water
    8·1 answer
  • New Products pays no dividend at the present time. Starting in Year 3, the firm will pay a $0.25 dividend per share for two year
    10·1 answer
  • The factor that has the greatest impact on your credit score is what
    14·1 answer
  • Anders industries currently holds two debts: an $11,000 debt due in 12 months and a $16,000 debt due in 18 months. anders prepar
    13·1 answer
  • What is your credit score based on
    8·2 answers
  • The type of work you do to earn a living is called A. Occupation B. Skills C. Identity B. Dignity
    14·1 answer
  • Judy, looks after Kaelyn's four-year-old twins so Kaelyn can go to work (she drops off and picks up the twins from Judy's home e
    8·1 answer
  • Japan and russia disagree over ownership of which islands?
    13·1 answer
  • What is the expected return if a firm has a payout ratio of 0.4, a return on equity of 25%, and a dividend yield of 6%
    15·1 answer
  • Aerotron Electronics has just bought a used delivery truck for $15,000. The small business paid $1,000 down and financed the res
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!