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Yuki888 [10]
3 years ago
14

The substitution effect is the portion of a change in quantity demanded that is due to a change in the relative price of the goo

d.
Question 8 options:

True

False
Business
2 answers:
statuscvo [17]3 years ago
7 0

Answer:

Option A.) TRUEE

Explanation:

Serga [27]3 years ago
6 0

Answer:

True

Explanation:

The <em>Substitution Effect</em> is the effect on the demand of a certain product because of variations of the prices of the product or the income of households. The concept illustrates how quantities demanded of a product decrease as the population find other products to substitute it.

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The desire to own something and the ability and willingness to pay for it
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I think its demand.......
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3 years ago
Wood Carving Corporation manufactures three products. Because of a recent lack of skillled wood carvers, the corporation has had
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Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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3 years ago
What does making a good decision mean?? How can I make a good decision?
kherson [118]

Answer:

A good decision is one that is made deliberately and thoughtfully, considers and includes all relevant factors, is consistent with the individual’s philosophy and values, and can be explained clearly to significant others.

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2 years ago
Exercise 11-13A Calculate financing cash flows (LO11-5) Dristell Inc. had the following activities during the year (all transact
Scilla [17]

Answer:

The net cash flows from financing activities is -$45,000

Explanation:

The computation of the net cash flows from financing activities is shown below:

=  Additional common stock issued - purchase of treasury stock - dividend paid - long term note payable issued

= $160,000 - $75,000 - $40,000 - $90,000

= -$45,000

The other items which are mentioned in the question have come under the investing activities

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3 years ago
Rick Co. had 30 million shares of $1 par common stock outstanding at January 1, 2018. In October 2018, Rick Co.'s Board of Direc
Llana [10]

Answer and Explanation:

The journal entry to record the given transaction is as follows

Retained earning Dr (0.30 million × $54) $16.2 million

      To Common stock (0.30 million × $1) $0.3 million

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(Being the stock dividend is declared)

The computation of the shares after declaring the dividend is

= 30 million × 1%

= 0.30 million

6 0
3 years ago
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