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
Dahasolnce [82]
3 years ago
7

During 2010, Congress debated the advisability of retaining some or all of the tax cuts signed into law by former President Geor

ge W. Bush in 2001 and 2003 and set to expire at the end of 2010. By reducing tax rates across the board, take-home pay for all taxpaying workers would increase. The purpose, in part, was to encourage work and increase the supply of labor. Households would respond the way the president hoped, but only if income effects were stronger than substitution effects. -The law of diminishing marginal utility states ____
Business
1 answer:
Zolol [24]3 years ago
6 0

Answer and explanation:

The law of Diminishing Marginal Utility states that the more you consume a good or use a service, the less satisfied you will be with each successive use or consumption. It is an important concept in determining consumer preferences. It assumes consumers are rational and will spend money in a way that maximizes contentment with each subsequent unit without negatively affecting their total enjoyment.

You might be interested in
Which of the following is a result of over-diversification through acquisition? Select one:
Aleksandr-060686 [28]

Answer:

3) Corporations use acquisition as a substitute for innovation.

Explanation:

The fastest way in which a corporation can enter a new market or develop new products is through buying existing companies that already operate in the new target markets or have developed the new products that the corporation wishes to sell.

Research and development is very costly and time consuming, and on many occasions the results aren't even good or are not as good as expected. By acquiring a smaller company that has already developed the product, then the corporation might even save money.  

6 0
3 years ago
Clemente Co. owned all of the voting common stock of Snider Co. On January 2, 2012, Clemente sold equipment to Snider for $125,0
bonufazy [111]

Answer:

$60,000

Explanation:

Sales Price $125,000

Less BV $140, 000

Loss on Sale $15,000

Equipment transferred at BV (Cost $140,000

Less Accumulated Depreciation. $40,000 $100,000 Depreciation.

For 2012

($100,000/5) $40,000 = $60,000

Therefore the Book Value at 12/31/2012 is $60,000

6 0
3 years ago
Ford conducted research that gave them insights into characteristics of Gen Z. Although Ford finds the information important, th
weqwewe [10]

Answer:

The answer is basic research.

Explanation:

The research and development department conducted managed to answer the research question which was conceptualized in the beginning of research, as implied in the question. However, no further research was conducted for the purpose of designing a product that can be sold to the Gen Z market segment, based on the findings from the previous ones. Thus, we can conclude that the intention of the research was just to discover previously unknown information about Gen Z’s characteristics, which meant the conducted research was only a basic research.  

7 0
3 years ago
Read 2 more answers
The balance in Accounts Receivable at the beginning of the year amounted to $16,000. During the year, $64,000 of credit sales we
poizon [28]

Answer: $70,000

Explanation:

Accounts Receivable at the beginning of the year amounted to $16,000

During the year, $64,000 of credit sales were made to customers.

ending balance in Accounts Receivable amounted to $10,000, and uncollectible accounts expense amounted to $4,000,

The Amount to appear in the operating activities section of the cash flow statement is

$16,000+$64,000-$10,000= $70,000

8 0
3 years ago
Read 2 more answers
Help me pleaseee!!!!
Allisa [31]
A, type of economy ($)
8 0
3 years ago
Other questions:
  • John: "I will sell you my laptop computer for $330." Mary: "Will you include the carrying case"? John: "Sold." a. There is a con
    9·1 answer
  • Raj has been reviewing copies of medical records of patients from his clinic to see if he can identify any opportunities for qua
    8·1 answer
  • Evan Engineering Group receives royalties on a technical manual written by two of its engineers and sold to a publishing company
    5·1 answer
  • Although Tracith is one of the best supermarkets in the coastal town of Dawntonia, it fails to retain customers. To solve this p
    11·1 answer
  • The current price of a stock is $50, the annual risk-free rate is 6%, and a 1-year call option with a strike price of $55 sells
    11·1 answer
  • Having a good credit score is important because
    7·2 answers
  • 19. Colombia produces coffee with less labor and land than any other country; it therefore surely has Select one: a. an absolute
    12·1 answer
  • "A customer who is long 1 ABC Jan 40 Call wishes to create a "bear call spread." The second option position that the customer mu
    6·1 answer
  • Home Realty, Incorporated, has been operating for three years and is owned by three investors. J. Doe owns 60 percent of the tot
    15·1 answer
  • Which fact supports the idea that renting is a good
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!