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3 years ago

An elected official is:

Business

2 answers:

Gala2k [10]3 years ago

5 0

The correct answer would be B. Voted into her job.

miskamm [114]3 years ago

4 0

Official who won the office in free election.

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Own price increases are associated with decreases in quantity demanded, ceteris paribus. These decreases in quantity demanded ar

andrew11 [14]

Answer:

Income effect

Explanation:

Own price increases are associated with decreases in quantity demanded, ceteris paribus. These decreases in quantity demanded are composed of two effects, the substitution effect and the Income effect.

We know as per the law of demand, price increases lead to decrease in the quantity demanded if factor remain constant.

Quantity demanded has effect of two other major factors:

Subtitution effect.
Income effect.

Subtitution effect: It is the price of subtitution goods & services also lead to increase and decrease of demand for any particular goods.

Example: Price of tea and coffee.

Income effect: It is the income of consumer that effect the demand of any goods & sevices, as with the increase in income of consumer, their demand for inferior goods decreases and demand for branded goods increases.

Example: Non branded clothes and branded clothes.

3 0

3 years ago

What is the major difference between corporations and other kinds businesses?

BartSMP [9]

Answer:

A corporation is a separate entity apart from that of the owners. A corporation is not responsible for its debts if it fails. A corporation is much larger than other kinds of businesses.

Explanation:

6 0

3 years ago

Read 2 more answers

Knowing that you are buying one pound of bread is part of _____. contract enforcement property rights standards for weights and

SSSSS [86.1K]

Knowing that you are buying one pound of bread is part of your rights as a buyer in the market. Because first and foremost, you give out your money and you are buying every crumble of the bread, meaning you already owned it.

3 0

3 years ago

Read 2 more answers

The account balances of Sentinel Travel Service for the year ended August 31, 2019, are listed below:

Yanka [14]

Answer:

Explanation:

The preparation of the report form balance sheet as of August 31, 2019 is presented below:

Sentinel Travel Service

Report form balance sheet

For the year ended August 31, 2019

Assets

Cash $143,125

Account receivable $54,240

Supplies $9,300

Land $248,000

Total assets $454,665

Liabilities

Account payable $19,370

Owner equity

Ending capital $435,295

Total liabilities

And owners equity $454,665

The net income would be

= Fees earned - Office expense - Miscellaneous expense - Wages expense

= $774,800 - $178,205- $15,495 - $371,905

= $209,195

And, the ending capital would be

= Opening capital - withdrawn amount + net income - additional cpiatl

= $209,000 - $29,400 + $209,195 + $46,500

= $435,295

7 0

4 years ago

Lisa has $1,000 in cash today. Which one of the following investment options is most apt to double her money? A. 6 percent inter

Zepler [3.9K]

Answer:

D. 8 percent interest for 9 years

Explanation:

We would use the formula future value formula below to determine which of the investment options would double her money:

FV=PV*(1+r)^n

PV is the amount invested which is $1000

r is the interest rate expected to be earned while n is the number of years First option:

FV=$1000*(1+6%)^3

FV=$1,191.02

Second option:

FV=$1000*(1+12%)^5

FV=$1,762.34

Third option:

FV=$1000*(1+7%)^9

FV=$ 1,838.46

Fourth option:

FV=$1000*(1+8%)^9

FV=$2000

Last option:

FV=$1000*(1+6%)^10

FV=$ 1,790.85

8 0

4 years ago