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
stiks02 [169]
3 years ago
11

The quantity demanded of good A rises as income rises. It follows that income elasticity of demand is __________than 0, and good

A is a(n) __________ good. a. greater; inferior b. greater; normal c. greater; substitute d. less; normal e. greater; complementary
Business
1 answer:
Novay_Z [31]3 years ago
7 0

Answer:

b. greater; normal

Explanation:

Income elasticity describes the response of the demand of a certain good to the change of the income of the consumers. If the elasticity of income is greater than zero (or is positive) , then we can categorize that particular good as a "normal good". This means that as the income of the consumers increases, the demand of that particular good increases as well.

The counter part of a normal good is called inferior good. They have a negative elasticity of income, which means as the income of consumers increases, the demand of that particular good decreases.

You might be interested in
Please could I get help with this<br>​
Zina [86]

Answer: people need food

Explanation:

3 0
3 years ago
Price discrimination will result in consumers with more elastic demand purchasing more of the good than when a single price is c
Akimi4 [234]
<span>A company can have a product that they want a single customer to be able to use and profit from, they may sell that product to that customer at a lower price, allowing them to purchase more, and blocking out competitors with higher pricing.</span>
6 0
3 years ago
Retained earnings represents: Multiple Choice Amount of cash available for paying dividends. Total assets minus total liabilitie
kotegsom [21]

Answer:

All net income, less all dividends, since the company began operations.

Explanation:

Retained Earnings are the retained profits that the company keeps with itself, for meeting any case of emergency or for growing company and thus, meeting the growing expenses.

Each year when company earns profits and then, it distributes its profits in the form of dividends, the balance remaining after paying the dividends is added to retained earnings.

Thus, the entire balance of these kind of profits not paid anywhere else and also not utilized is called retained earnings.

4 0
3 years ago
HELP!!!!!!Match the job role with the job title.
juin [17]

Answer:

Internal revenue investigator: Review Tax Documents, Review financial records.

Federal Aid Coordinator: Evaluate Student Applications, Review policies and grant funds.

Paralegal: Conduct research that is pertinant to a criminal case, gather evidence and prepare for court

Explanation:

6 0
3 years ago
Read 2 more answers
Which situation is better for saving money in a CD (certificate of deposit): the purchasing a car or for use in an emergency? Ex
erica [24]

Answer:

Emergency

Explanation:

Always have extra money for problems that arise.

4 0
3 years ago
Other questions:
  • Match the academic requirements with the careers.
    7·2 answers
  • Tamarisk, Inc. has the following inventory data:
    12·1 answer
  • Alex paid $600 to Rita, his ex-wife, for child support. Under the terms of the divorce decree, Alex claims the dependency exempt
    5·1 answer
  • is the present value of these cash flows? (Enter rounded answers as directed, but do not use rounded numbers in intermediate cal
    6·1 answer
  • Which of the following are true?
    14·1 answer
  • Elegant Limited sells restored classic cars. Most of its customers are private buyers who buy cars for
    9·1 answer
  • What percentage of businesses are using social media today?
    14·1 answer
  • A representative meets a potential client at a convention. The client is interested in an investment giving life-long income, an
    14·1 answer
  • Sheldon Company began Year 1 with $1,900 in its supplies account. During the year, the company purchased $5,600 of supplies on a
    6·1 answer
  • How can a job (or occupation) impact your life?​
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!