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hoa [83]
3 years ago
7

At a price of $9.99, Danielle buys 3 digital books per month. When the price decreases to $7.99, Danielle buys 4 digital books p

er month. Jason says that Danielle's demand for digital books has increased. Is Jason correct? a. Yes, Jason is correct. b. No, Jason is incorrect. Danielle's demand has decreased. c. No, Jason is incorrect. Danielle's quantity demanded has decreased, but her demand has stayed the same. d. No, Jason is incorrect. Danielle's quantity demanded has increased, but her demand has stayed the same. e. No, Jason is incorrect. Danielle's quantity demanded has increased and her demand has decreased
Business
1 answer:
Studentka2010 [4]3 years ago
8 0

Answer:

The correct answer D

Explanation:

When the price of the product is $9,99, then the customer bought 3 books per month. But when the price decreases from $9.99 to $7.99, then the customer bought 4 books per month. Because when the price of the product decreases, the quantity demanded for the product increases for the while and when the prices increases, the quantity demanded decreases, it is not constant.

Therefore, Jason is in correct as the demand for the product has not increases, but only the quantity demanded has increased.

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Adam Smith found that having employees focus on one task instead of many was more successful than having them learn a number of
Lunna [17]

Answer:

specialization

Explanation:

In order for labor specialization (or division of labor) to be successful, first the productive activities must be separated into smaller tasks, and then each worker will be responsible for performing just one task. That way the worker can specialize in performing that one task, and his/her efficiency should increase.

Labor specialization was the basic idea behind Henry Ford's moving assembly line. Each specialized worker was responsible for one manufacturing task and that decreased total production time and cost. The same concept applies today and the results are still the same.

8 0
3 years ago
Consider the economies of Kimberlei and Clarkistan, which are identical except that the multiplier in Kimberlei is smaller than
asambeis [7]

Answer:

This means that Kimberlei's GDP is <em><u> less sensitive than </u></em> Clarkistan's GDP to fluctuations in the components of total spending.

Clarkistan's economy is <em><u>more </u></em>sensitive to fluctuations in GDP than Kimberlei's economy. This is because the personal income tax has <em><u>  reduced  </u></em> Kimerlei's multiplier.

Explanation:

As Kimberlei multiplier is lower, the government spending fluctuation will have a lower impact than in Clarkistan as the goverment spending multiplier in the latter is higher thus, a fluctuation increases or decrease the GDP in a higher proportion.

Clarkistan Economy is more sensitive as their government has a higher multiplier when it decreases for recessions it will increase by a higher amount

while Kimberlei as the income tax decreases th effect of the multiplier It is lower. thus the change in GDP is also lower

6 0
3 years ago
Sheridan Company has a materials price standard of $2.00 per pound. 5700 pounds of materials were purchased at $2.20 a pound. Th
Elena L [17]

Answer:

$1,000 Unfavorable

Explanation:

Calculation to determine what Sheridan Company's materials quantity variance is

Using this formula

Direct Material Price Variance = (Standard quantity allowed - Actual quantity of materials) * materials price standard

Let plug in the formula

Direct Material Price Variance=(5200 pounds-5700 pounds)*$2.00 per pound

Direct Material Price Variance=-500 pound*$2.00 per pound

Direct Material Price Variance=-$1,000

Unfavorable

Therefore Sheridan Company's materials quantity variance is $1,000

Unfavorable

6 0
3 years ago
Hiring managers should automatically preclude a candidate with a disability if they appear to be unable to do the job.True or fa
Helga [31]

Answer:

True

Explanation:

I believe it's true. If we have a job opening for sales personnel and candidate is physically unable to walk or drive, then yes we can exclude that candidate. But once hiring manager is sure of the fact that disability will render that candidate unable to work then manager can preclude that candidate.

7 0
3 years ago
Jorge is looking for a new job after finishing his college degree. He is currently working part time to pay the bills, but is al
Marina CMI [18]

Answer:

His current status is that he is employed

3 0
2 years ago
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