Answer: The correct answer is "a. negative, and the good is an inferior good.".
Explanation: Assuming that a 4 percent decrease in income results in a 6 percent increase in the quantity demanded of a good, the income elasticity of demand for the good is negative because the good is an inferior good.
Inferior goods are those material elements that are related to the consumption of people who have lower incomes and who cover their basic needs.
Its income elasticity coefficient is negative. Therefore, when the consumer's income increases, the demand for these goods decreases because the consumer can choose other higher quality products..
Answer:
Recovery point objective (RPO)
Explanation:
RPO is described as the age of files that is necessary and compulsory to be recovered from backup storage for the normal operations of a company to resume in cases that a computer, system, or network goes down due to hardware, program, or communications failure.
It describes a period of time that an firm’s operations must be restored after a disruptive event, like a cyber attack, natural disaster or communications failure.
The RPO is often conveyed backward in time into the past from the event in which the failure occurs, and it can be specified within seconds, minutes, hours, or days. It an essential and crucial consideration in disaster recovery planning (DRP).
The RPO measures the time between the last data backup and the occurrence of a problem.
Answer:
$268,500
Explanation:
When you use the indirect method to calculate net cash flows, you start with net income and then adjust it by:
- adding the amount by which accounts receivable decreased = ($17,000 - $10,500) = $6,500
- deducting the amount by which accounts payable increases = ($21,000 - $29,000) = -$8,000
net cash flow from operating activities = $270,000 + $6,500 - $8,000 = $268,500
