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
Gwar [14]
3 years ago
6

Income elasticity measures how a good's quantity demanded responds to change in the goods price. producers' incomes. change in t

he price of another good. change in buyers' incomes.
Business
1 answer:
Natalija [7]3 years ago
5 0

Answer:

change in buyers' incomes.

Explanation:

Income elasticity of demand measures the responsiveness of quantity demanded to changes in income of the consumer.

Income elasticity of demand = percentage change in quantity demanded / percentage change in income

Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price.

I hope my answer helps you

You might be interested in
Tariffs, quotas and subsidies are examples of
JulsSmile [24]
I believe the answer is just Trade Barriers, sorry if there's more, I can't think of another.
7 0
3 years ago
Identify the types of goods or services that indigenous(informal) bookkeeping they provide to their customers?
MArishka [77]
Informal or indigenous bookkeeping system is defined as the system where a user makes only one entry to enter a business financial transaction. This is regarded as a “single entry system”. The type of services they rovide include a daily summary of cash receipts and a monthly record of receipts and expenses.
3 0
4 years ago
Sales mix is: a. important to sales managers but not to accountants. b. easier to analyze on absorption costing income statement
swat32

Answer:

D) a measure of the relative percentage in which a company's products are sold.

Explanation:

The sales mix of a company refers to the percentage or proportion in which their products are sold. For example, a company that sells 2 products A and B, its sales mix could be 45% of product A and 55% of product B. It basically measures the importance or relative weight of each product compared to the total sales of the company. Sales mix is usually measured in dollars, not units sold.

3 0
3 years ago
CoffeeCarts has a cost of equity of ​, has an effective cost of debt of ​, and is financed with equity and with debt. What is th
-Dominant- [34]

Complete Question:

Coffee Carts has a cost of equity of 15.5%, has an effective cost of debt of 3.9%, and is financed 75% with equity and 25% with debt. What is the firm's WACC?

Answer:

The firm's WACC is:

= (0.75 * 0.155) + (0.25 * 0.039)

= 0.11625 + 0.00975

= 0.126

= 12.6%

Explanation:

CoffeeCarts Company's WACC (Weighted Average Cost of Capital) is the average rate that the company is expected to pay to all its security holders (stockholders and debt holders) who financed its assets.  We can calculate CoffeeCarts' WACC by multiplying the cost of each capital source (equity and debt) by its relevant weight, and then adding the products together.  The weight is the proportional percentage of each class  of finance source to the whole.

8 0
3 years ago
Which of the following is NOT one of the reasons that globalization has taken place?
larisa86 [58]

Answer: The correct answer is choice c.

Explanation: Globalization is the process in which businesses start operating on an international scale. Of the four options that are listed, the reason that is not one of the reasons that globalization has occurred is choice c - low differences in labor costs.

Cheaper labor is one of the primary reasons why some businesses are moving their manufacturing to other countries, making it the correct choice for this question.

6 0
3 years ago
Other questions:
  • The management of City Front Inc. must decide between scrapping or reworking units that do not pass inspection. The company has
    14·1 answer
  • What does a copywriter do?
    15·1 answer
  • The "added worker" effect would cause the labor force to __________ during a recession. Group of answer choices increase decreas
    11·1 answer
  • Which of the following people would be suitable personal reference for a job application?
    9·2 answers
  • Henry Hutchins is discontent with his job but believes that his supervisor is a good man who will do whatever is necessary to re
    12·1 answer
  • What does it mean when a financial report has aggregate data available, but microdata is held confidential?
    11·2 answers
  • Ok, so, theoretical question: If I bought the Mona Lisa legally, would anyone be able to stop me from eating it? Why or why not?
    6·1 answer
  • On june 15, 2018, sanderson construction entered into a long-term construction contract to build a baseball stadium in washingto
    11·1 answer
  • a) From a one-way street, you USUALLY make a left turn from: the left curb lane. b) any lane if it is safe to do so. c) the two
    12·1 answer
  • why is allowance for doubtful accounts credited, instead of accounts receivable, when recording the adjusting entry for bad debt
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!