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
Viktor [21]
3 years ago
6

You purchase both potatoes and gasoline regularly. Your income decreases, and you purchase less gasoline. This means that: Gasol

ine is a normal good. Potatoes are inferior goods. Gasoline has a negative substitution effect. Gasoline is an inferior good.
Business
1 answer:
KIM [24]3 years ago
7 0

Answer:

Gasoline is a normal good

Explanation:

Normal goods are goods that are goods whose demand increases when income increases and falls when income falls

Inferior goods are goods whose demand falls when income rises and increases when income falls.

Because the demand for gasoline falls when income falls, gasoline is a normal good.

I hope my answer helps you

You might be interested in
Lakeland, Inc. has 25,000 shares of 6%, $100 par value, noncumulative preferred stock and 50,000 shares of $1 par value common s
Maru [420]

Answer:

The common stockholders will receive a dividend of $100000 in 2015

Explanation:

The preferred stock is non cumulative which means that in case it does not pay dividends in a certain year, the dividends will no be accumulated and the company will not be obliged to pay these dividends in later year.

The per share preferred stock dividend for the company is = 100 * 0.06 = $6

The total dividends on preferred stock per year = 6 * 25000 = $150000

The common stockholders are paid dividends after the preferred stockholders are paid.

Thus, for 2015 the common stockholders will receive a dividend of,

Common stock dividend = 250000 - 150000 = $100000

8 0
3 years ago
The company currently markets McDog T-bone, Lapdog Lunchtreats, Rover's Potroast, and Puppy Porterhouse in the dog food market.
olasank [31]

Answer:

company's product line in the dog food market

Explanation:

In the description provided, it can be said that Prime Cuts will be an addition to the company's product line in the dog food market. A product line is a group of related products all marketed under a single brand name and are sold by the same company to the same targeted group of consumers. Such as in this scenario, all of the products listed are dog treats/food with different ingredients and are all sold by the same company to people looking for dog food.

4 0
3 years ago
Which of the following is not one of the guiding questions to creating a Strategic Business Plan?
inysia [295]
What do we want is the answer I believe, correct me if I’m wrong
7 0
3 years ago
Evan has received permission from his state to form a corporation for his startup, expecting his liability would be limited to t
vekshin1

Answer:

Evan's business has no credit history.

Explanation:

As Evan has just created the company, it has no record about its ability to pay debt which is important for a bank to give a loan and it will not be willing to approve it if the company has no credit history that shows that it can make the payments. Because of that, it will require Evan to assume personal liability in order to have a guarantee that the loan would be paid back.

7 0
3 years ago
7. Spurling et al. investigated the effects of two vocabulary learning strategies on word retention two weeks later. In this exa
suter [353]

Answer:

D. independent; dependent

Explanation:

In this example, learning strategy is the independent variable and word retention is the dependent variable

6 0
3 years ago
Other questions:
  • Which type of statement is used to communicate ones feelings in a non confrontational manner?
    5·1 answer
  • Rosa works at a gelato shop and observes that the number of people buying gelato varies greatly from day to day. for a couple of
    6·1 answer
  • Cohle Industries has a taxable payroll of $350,000. The company is subject to a 6.2% FUTA tax rate and a 5.4% state contribution
    7·1 answer
  • We argued that when the economic growth in the US is greater than the (economic) growth rates of our trading partners, the trade
    14·1 answer
  • The estimated unit costs for a company to produce and sell a product at a level of 15,000 units per month are as follows:Cost It
    12·1 answer
  • What do you call a bar of soap that doesn't clean worksheet answer key?
    7·1 answer
  • Suppose a basket of goods and services has been selected to calculate the consumer price index (CPI) and 2002 has been selected
    5·1 answer
  • e payoff matrix below shows the payoffs (in millions of dollars) for two firms, A and B, for two different strategies, investing
    5·1 answer
  • Oakland Tax Planning Service bought computer equipment for on January​ 1, 2018. It has an estimated useful life of four years an
    13·1 answer
  • When a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regio
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!