Answer:
greater than zero.
Explanation:
Income elasticity of demand measures the responsiveness of quantity demanded to changes in income
Income elasticity of demand = percentage change in quantity demanded / percentage change in income.
I hope my answer helps you
Answer:
The only way goodwill can be increased is through the acquisition of another company as a subsidiary. Assume a business acquires a subsidiary for a price that exceeds the total value of the subsidiary's assets.
Explanation:
Answer:
The correct answer is letter "C": revenues less expensive (ordered smallest to largest amounts) with miscellaneous expense listed last.
Explanation:
The Income Statement is a report that measures the financial performance of a company over a specific accounting period. Publicly traded companies are required to produce income statements, balance sheets, and cash flow statements for each quarter and year in accordance with the Generally Accepted Accounting Principles (GAAP).
<em>The income statement shows a company's revenue, expenses and net profit from both operating and nonoperating activities. Miscellaneous expenses -minimal and extraordinary expenses of the general ledger- are recorded at the bottom of the income statement, in case there is any.</em>
Answer:
An externality exists if a financial transaction affects the benefit to third parties. Externalities can be both positive and negative, depending if these affect the benefit to third parties on a positive or negative way.
An example of a negative external effect is air pollution; a factory owner may lack the incentive to limit air pollutant emissions because the damage mainly affects someone else, that is, it doesn't affect his property, but someone else's property or common property (such as the case of the environment).
Therefore, if there were more specific regulations regarding property and the effects of the misuse of this right, contamination could be avoided.
Answer:
$250 billion.
Explanation:
The computation in the increase in real GDP is shown below:
Given that
MPC = 80% or 0.80
Income multiplier = 1 ÷ (1 - MPC
)
= 1 ÷ (1 -0.80
)
= 1 ÷ 0.20
= 5
Now
The Increase in disposable income is $50 billion
So,
The Increase in real GDP is
= 50 × 5
= $250 billion
We simply applied the above formula so that the correct value could come
And, the same is to be considered
