In building a new mall,
The input would be : Labor, All materials needed in building a mall
Conversion : Building process
Output : The actual mall itself
hope this helps
This is perceived value, making the check ups free increases the value.
Answer:
E) -2.50 ; inferior
Explanation:
Before you earned $3,500 per month, you consumed 7 units per month. That means that you consumed 1 unit every $500 earned.
When your income increased to $4,000, you only consumed 5 units per month. That means that your consumption decreased to 1 unit for every $800.
The income elasticity of demand using the midpoint method is calculated by using the following formula:
income elasticity = {change in quantity demanded / [(old quantity + new quantity) / 2]} / {change in income / [(old income + new income) / 2]}
= {-2 / [(7 + 5) / 2]} / {500 / [(3,500 + 4,000) / 2]} = (-2 / 6) / (500 / 3,750) = -0.333 / 0.133 = -2.5
Since the income elasticity of demand is negative, the good X is an inferior good.
Answer:
Explanation:
- Leisel’s excess business loss is $23,000 computed as follows:
- Aggregate business deductions 420000
- Less : Aggregate business gross income and gains -142000
- Less : Threshold amount for year 2019 -255000
- Excess business loss 23000
She may use $255,000 of 278,000 proprietorship loss to offset non-business income.
The $23,000 excess business loss, the excess business loss is treated as part operating loss carryfoward in subsequent years.
Answer:
False
Explanation:
Quality performance refers to an evaluation of performance of an organization, it's departments or products.
Quality performance can be assessed through different means such as by testing the quality of products, conducting sampling and surveys and obtaining customer feedback.
Customer participation in surveys does not add any certainty with respect to quality performance. It is customer feedback which reveals the quality of goods a firm makes and how satisfactory, customer's own experience has been.
