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True [87]
3 years ago
14

At a price of $15 each, Marta buys 4 books per month. When the price increases to $20, Marta buys 3 books per month. Luz says th

at Marta's demand for books has decreased. Is Luz correct? Question 36 options: Yes, Luz is correct. No, Luz is incorrect. Marta's demand has increased. No, Luz is incorrect. Marta's quantity demanded has decreased, but her demand has stayed the same. No, Luz is incorrect. Marta's quantity demanded has increased, but her demand has stayed the same. No, Luz is incorrect. Marta's quantity demanded has decreased and her demand has increased.
Business
1 answer:
Lapatulllka [165]3 years ago
4 0

Answer:

No, Luz is incorrect. Marta's quantity demanded has decreased, but her demand has stayed the same.

Explanation:

For $15 per book, the quantity demanded was 4 books per month.

When the price increases to $20 per book, the quantity demanded fell to 3 books per month.

This shows a decrease in the quantity demanded. A change in demand occurs when the price is constant and quantity demanded changes because of change in other factors. But here the other factors are constant and the quantity demanded is changing due to a change in price.

So, Luz's statement here is incorrect.

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Shepherd Corporation had earnings and profits of $500,000 before distributions. Due to economic conditions, Shepherd, in partial
Aleonysh [2.5K]

Answer:

amount recognized gain = $7500

Explanation:

given data

profits = $500,000

basis = $67,500

fair market value = $75,000

interest = 95%

distribution = $90,000

to find out

amount of Shepherd Corporation’s recognized gain or loss

solution

we know that here effect of non liquidating distributions on corporation is gain are recognised on property that is express as

amount recognized  = fair market value  - Basis  .................1

put here value we get

amount recognized = $75,000 - $67,500

amount recognized gain = $7500

8 0
3 years ago
A $1 per unit tax levied on consumers of a good is equivalent to
Katen [24]

Based on accounting principles, a $1 per unit tax levied on consumers of a good is equivalent to "a $1 per unit tax levied on producers of the good."

This is based on the idea that the market reaches the exact equilibrium price irrespective of who is accountable for paying the money to the government.

In other words, when the government levies a tax on a good, producers are not exempted from the tax levy because that money will be recouped from the producers' sales or revenue.

Hence, in this case, it is concluded that tax on goods is inevitable to consumers and producers.

Learn more here: brainly.com/question/22680521

7 0
2 years ago
Analyze a local space that is open to the public. It can be a store or mall, a club, restaurant, or a school (like COC), perhaps
enyata [817]

Answer:

Local spaces open for public to help them with social activities. Parks, gyms, store, mall and clubs are some of local spaces which are open to everyone for gaining relaxation in their leisure time.

Explanation:

People are busy in weekdays and they need some place for relaxation on weekend. There are many places which provide with recreational activities for people to relax and spend their weekends with their family.

7 0
3 years ago
20 points to the best one !!
masya89 [10]

Answer:

The answer is "Knowledge discovery & predictions category or anomalous detention assessment or Data mining".

Explanation:

Regression is a type of analysis in which some parameters' relationships are determined by the values of other variables, whereas departure detection is a type of analysis wherein the goal is to find changes in data from previously observed values. Enigma detaining analysis, often known as knowledge discovery analysis, is a sort for anomaly incarceration analysis, while regression is classed as a forecast.

5 0
3 years ago
Minimum-wage laws can keep wagesa.a) above equilibrium and cause a surplus of labor.b) above equilibrium and cause a shortage of
Airida [17]

Answer:

The correct answer is option a.

Explanation:

Minimum wages can be defined as the minimum level of wages that an employer is supposed to pay to workers for their work. It cannot be reduced through an individual contract or collective agreement.  

Minimum wages are fixed above the equilibrium level of wages. At this level, the demand for labor is lower while supply is more because of high wages. This creates surplus labor in the market.  

4 0
3 years ago
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