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iren2701 [21]
3 years ago
6

In the market for desk lamps, which of the following will increase demand? Choose one or more: A. If desks are a complementary g

ood for desk lamps, the price of desks decreases. B. If desks are a complementary good for desk lamps, the price of desks increases. C. If income increases and desk lamps are normal goods. D. If income increases anddesk lamps are inferior goods. E. If floor lamps are substitute goods for desk lamps, the price of floor lamps increases.
Business
1 answer:
Alexxx [7]3 years ago
6 0

Answer:

A. If desks are a complementary good for desk lamps, the price of desks decreases.

D. If income increases and desk lamps are inferior goods.

E. If floor lamps are substitute goods for desk lamps, the price of floor lamps increases.

Explanation:

In order to increase the demand of the desk lamps, the options A, D and E seem suitable.

If desks are a complementary good for desk lamps, the price of desks decreases. People would buy more desks which would lead to an increase in lamp sales.

If income increases and desk lamps are inferior goods. that would mean that lamps are a cheaper commodity and is in income range.

If floor lamps are substitute goods for desk lamps, the price of floor lamps increases. This would lead to shift in demand from floor lamps to desk lamps.

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A(n) ________ cost is a cost whose total amount changes in direct proportion to a change in volume.
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merchandise is sold for cash. the selling price of the merchandise is $2,600, and the sale is subject to a 6% state sales tax. t
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The journal entry for the sale would include a credit to sales tax payable for $156 if the selling price of the merchandise is $2600.

The government levies a consumption tax known as a sales tax on the purchase of goods and services. At the point of sale, a standard sales tax is imposed, collected by the retailer, and paid to the government. Companies must first apply for a sales tax permit from their state's department of taxation in order to be able to collect sales tax from customers. Every time a customer makes a purchase, businesses collect sales tax, which they subsequently monthly or quarterly send to the state.

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