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FrozenT [24]
3 years ago
14

According to the model developed in Chapter 3, when government spending increases and taxes increase by an equal amount:

Business
1 answer:
Mariana [72]3 years ago
7 0

Answer:

Correct answer is (B) consumption and investment both decrease.

Explanation:

when government spending increases and taxes increase by an equal amount there will be decrease in both consumption and investment.

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Presented below are three transactions. Mark each transaction as affecting owner's investment (I), owner's drawings (D), revenue
emmasim [6.3K]

Answer:

a. revenue (R), affecting owner's investment (I)

b. not affecting owner's equity (NOE)

c. expense (E) and affecting owner's investment (I)

Explanation:

Revenues and Expense form Profits which are included in the statement of changes in equity through the Retained Income line item, thus these two also affect owners investment.

7 0
3 years ago
Rather than hiring a receptionist, a real estate agency decided to use an administrative services company to contract someone fo
Komok [63]

Answer:

outsourcing

Explanation:

Outsourcing is the process where the company wants to hire someone for the completion of the organization work in order to save the cost of the company

here is the given situation, is hiring a permanent receptionist, it is better to contact someone for work in some selected days during each week so that the work of the company could not be stopped also the firm can save the cost

Hence, the third option is correct

7 0
3 years ago
The freedom to make your own decisions can be limited if the business you choose is a
mote1985 [20]
The answer would be a franchise because that is not just your business there are other partners :)
8 0
3 years ago
Kellogg's has several cereals targeted at different types of users. This is an example of multiple products aimed at multiple ma
AleksAgata [21]

Answer:

The correct answer is number "3": doesn't reduce quality or increase price.

Explanation:

Different groups of people within a market imply different needs and preferences pushing companies to diversify in order to fulfill them. Though, one of the main characteristics of that diversification must be accessibility. Companies expect to gain in sales thanks to the segmentation of the market but not necessarily by increasing the price of the new products being sold or decreasing their quality.

3 0
3 years ago
A new restaurant has introduced a wildly popular macaroni and cheese dish made with goat cheese. However, at approximately the s
SpyIntel [72]

Answer:

Price increases and the effect on quantity cannot be determined.

Explanation:

Demand

This is simply defined as the combining of desire, ability, and willingness to buy a product. The quantity demandedbof a commodity is the amount demanded at any given price.

Supply

This is simply defined as the amount of product rendered for sale at all different prices in a market. The quantity supplied is commonly refered to as the amount that producers bring to the market at at any given price.

Demand increased due to the new dish, while supply has decreased due to the goat disease. Price will therefore increase, but the effect on quantity depends on the magnitude of the impact of these two events.

5 0
3 years ago
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