The presence of planning does inhibits the ability of departments and individuals to work together or organizations to move.

If a good is normal, then a decrease in price will cause a substitution effect that is?

denis-greek [22]

Explanation:

If a good is normal, then a decrease in price will cause a substitution effect that is The correct answer was: a. positive and an income effect that is positive.

8 0

1 year ago

Complete the following sentence: If people think that the price of televisions will decrease in the near future, that belief may

Artemon [7]

Answer:

b. decrease in the demand for televisions today.

Explanation:

Since it is generally believed that, consumers buy more quantity of a particular commodity or product when the price of such commodity is lower and that they buy less, when the price is higher, which is a simple illustration of the law of demand.

Therefore, if people think that the price of televisions will decrease in the near future, that belief may cause a "decrease in the demand for televisions today."

6 0

3 years ago

Owen is considering giving a large charitable contribution to an organization in the current year. Owen's adjusted gross income

oee [108]

Answer:

Explanation:

There is a limit on the amount of charitable contribution that a taxpayer can claim as deduction and it depends on the type of property that a taxpayer donates and nature of charity organization. A taxpayer can deduct up to 60% of adjusted gross income (AGI) in the case of cash contributions to public charity. When he contributes capital gain property, he can deduct up to 30% of adjusted gross income in the case of public charity. When he contributes capital gain property to private non operating foundation, he can deduct up to 20% adjusted gross income.

Calculate the maximum amount of deduction as follows

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4 0

3 years ago

The break-even point is the sales level at which a company?

Andrews [41]

The answer should be “which the company’s operating income is zero”

Hope this helps!

8 0

2 years ago

Luxury Cruiseline offers nightly dinner cruises departing from several cities on the eastern coast of the United States includin

koban [17]

Answer:

Luxury Cruiseline`s operating income will increase by $9,000

Explanation:

Operating Income Before Additional 300 tickets

Sales ( $50×16,000) 800,000

Less Variable Cost ($20×16,000) (320,000)

Contribution 480,000

Less Fixed Costs 210,000

Operating Income 270,000

Operating Income After Additional 300 tickets

Sales ( $50×(16,000+300)) 815,000

Less Variable Cost ($20×(16,000+300)) (326,000)

Contribution 489,000

Less Fixed Costs 210,000

Operating Income 279,000

Effect of sells an additional 300 tickets

Operating Income After Additional 300 tickets 279,000

Operating Income Before Additional 300 tickets 270,000

Change in Operating Income 9,000

4 0

3 years ago