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Troyanec [42]
4 years ago
13

Alex receives a raise at work and continues to work the same number of hours each week. what is the most likely way that his dem

and for $3 t-shirts, which he considers an inferior good, change?
Business
2 answers:
seropon [69]4 years ago
5 0

Answer:

It will decrease

Explanation:

Murljashka [212]4 years ago
3 0

An inferior good is a type of welfare whose demand decreases when consumer income increases or demand increases when consumer income decreases. Therefore, if a consumer considers shirts to be inferior goods, the way he will stop consuming it will be when there is a real increase in his income.

In the case narrated, Alex had an increase in salary and remained working for the same number of hours. This means that with the same job, he will have a higher income, meaning there was a real increase in Alex's income. If he considers the $ 3 shirts a much lower asset, he will lessen the demand for it.

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During a conversation with the credit manager, one of Tabor's sales representatives learns that a $1,234 receivable from a bankr
Natali5045456 [20]

Answer:

The answer is "No Effect ".

Explanation:

In the situation wherein the write-off would not affect the 2019 net earnings, the write-off reduces that both debt accounts as well as the benefit counter-asset for similar quantities. Whenever an expenditure was recognized, net revenues were affected, therefore, there will be nothing to write off under the allowance approach, so the response is no effect.

8 0
3 years ago
Timmons corporation purchases office supplies for $350 cash. how would this transaction be recorded?
andrezito [222]

Timmons Corporation purchases office supplies for $350 cash. Debit Supplies $350, credit Cash $350.

A legal entity is an organization (usually a group of people or a legal entity) authorized by the State to act as a single entity and legally recognized as such for a specific purpose. Early incorporated entities were established by charter. Most jurisdictions now allow the formation of new companies through registration.

A corporation is a business entity owned by shareholders who elect a board of directors to oversee the activities of the organization. A company is responsible for its actions and finances, but its shareholders are not.

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5 0
2 years ago
Where do you pay a bill by credit card when the bill was not entered through the enter bills window?
omeli [17]

To pay the bill by credit card when the bill was not entered through the enter bill window -The pay bill windows on the Home window are used to pay a bill by credit card.

Write check window is used to pay sales tax,payroll taxes and when paying bill track with accounts payable.

Credit cards let you borrow money from a bank below the agreement that you will pay off it by way of your bill's due date or incur interest fees.

A credit card is a kind of credit facility, provided through banks that allow customers to borrow finances inside a pre-authorized credit score restriction. It enables clients to make buy transactions on goods and services.

A credit score card loan works like a personal mortgage from a bank, with cash deposited at once into your financial institution account and repaid in month-to-month installments.

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4 0
2 years ago
Assume that you manage a risky portfolio with an expected rate of return of 17% and a standard deviation of 27%. The T-bill rate
guapka [62]

Answer:

Consider the following calculations

Explanation:

a) If the weight of risky portfolio is 'y' then weight of T-bill would be (1-y).

Expected return on clients portfolio = weight of risky portfolio x return on risky portfolio + weight of T-bill x return on T-bill

or, 15% = y x 17% + (1 - y) x 7%

or, y = 0.8

weight of risky portfolio = 0.8, weight of T-bill = 0.2

b)

Security Investment Proportions

T-bill 20% (from part a)

Stock A 80% x 0.27 = 21.6%

Stock B 80% x 0.33 = 26.4%

Stock C 80% x 0.40 = 32%

Total 100%

4 0
4 years ago
Speech that is designed to move the listener to action or belief is _____. entertaining persuasive informative none of the above
horsena [70]

When the purpose of the communication is to the make the listener believes what the speaker says, the type of speech that would be most suitable is persuasive.

Thus, the answer to the question above is (B) persuasive, since the purpose of <em>entertaining speech</em> would be to create entertainment for the listeners while <em>informative speech’s</em> purpose would be to give information that the listeners do not yet know.

4 0
3 years ago
Read 2 more answers
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