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Lady_Fox [76]
4 years ago
12

"Mediocre economists often consider only the immediate direct effects of a change, whereas a good economist will also consider i

ndirect effects that may only become observable over time." This statement most clearly emphasizes Select one a. the fallacy of composition. b. economizing behavior. C. the fact that association is not causation d. the importance of secondary effects. o
Business
1 answer:
zheka24 [161]4 years ago
4 0

Answer:

the importance of secondary effects.

Explanation:

Secondary effects in economics is the effects the is experience from future rounds of repurchasing. This occurs after first purchase activity (primary effect).

An economic activity results in future events and this is called multiplier effect.

For example crime has primary effect of damage, loss of property, and loss of life. The secondary effects of crime is the measures put in place to curve future crime, people not wanting to come to an area where crime is common, discourages domestic and foreign direct investment.

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Vikentia [17]

Answer:

the bad debt expense is $900

Explanation:

The computation of the bad debt expense is shown below:

bad debt expense is

= Written off amount + estimated uncollectible amount at the year end

= $650 + $250

= $900

We simply added the above two items so that the amount of the bad debts for the first year could come

Hence, the bad debt expense is $900

7 0
3 years ago
The derp corporation has an outstanding convertible bond issue that is convertible into 8 shares of stock. if the current market
Archy [21]

The derp corporation has an outstanding convertible bond issue that is convertible into 8 shares of stock. if the current market price of the bond is 80, the parity price of the stock is Parity means equal.

A parity price is the price level at which two assets or securities are of equal value. This is a concept used in several markets such as bonds, stocks, commodities and convertibles.

Import Parity Price or IPP is defined as: So c.i.f. Import price plus customs duty plus shipping cost to buyer's location.

Learn more about parity price here: brainly.com/question/2286004

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6 0
1 year ago
Balance sheets for P Company and S Company on August 1, 2014, are as follows: P Company S CompanyCash 165500 106000Receivables 3
ANEK [815]

Answer:

Coslidated Balance Sheet

Explanation:

5 0
3 years ago
The sales manager is convinced that a 11% reduction in the selling price, combined with a $65,000 increase in advertising, would
Zarrin [17]

Answer:

net income increase of 11.25%

Explanation:

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Answer:

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Explanation:

7 0
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