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
Bingel [31]
3 years ago
12

If demand for personal computers increases as a result of an increase in income, a. personal computers must be a normal good b.

personal computers must be an inferior good c. personal computers must be a complement d. the substitutes for personal computers must be inferior goods e. the substitution effect is larger than the income effect
Business
1 answer:
dexar [7]3 years ago
3 0

Answer: Personal computers must be a normal good.

Explanation:

Normal good is a type of commodity available in a market, in which the commodity's demand increases as income of the buyers increase. The normal goods posses a positive income elasticity of demand(where demand is directly proportional to income).

You might be interested in
How do you send pictsher to frinds<br>​
BaLLatris [955]
Go to photos, press “select” and then press the picture you want to send then press the button that looks like a box that has an arrow coming out of it. After that, press “messages” and then type in the person that you want to send it to.
3 0
3 years ago
Heath's company is currently producing 50 units of output. the price of the good is $5 per unit. total fixed costs are $30 and t
kirza4 [7]
Given that <span>Heath's company is currently producing 50 units of output. the price of the good is $5 per unit. total fixed costs are $30 and the average variable cost is $8 at 50 units. this company: </span><span>is experiencing an economic profit of $40.</span>
6 0
3 years ago
You have been pricing an MP3 player in several stores. Three stores have the identical price of $500. Each store charges 24 perc
Alja [10]

Answer:

Store A = $9

Store B = $8

Store C = $10

Explanation:

Finance charges calculated by average daily balance finance charges basis, adjusted balance method finance charges basis and Previous Balance Method Finance Charge basis is calculated as follows

Store A:

Average Daily Balance Finance Charge basis = ($500 + $400) /2

Average Daily Balance Finance Charge basis = $450

Finance Charges = $450 x (24% / 12)

Finance Charges = $9

Store B:

Adjusted Balance Method Finance Charge basis = $500 - $100

Adjusted Balance Method Finance Charge basis = $400

Finance Charges = $400 x (24% / 12)

Finance Charges = $8

Store C:

Previous Balance Method Finance Charge basis = $500 - $0

Previous Balance Method Finance Charge basis = $800

Finance Charges = $500 x (24% / 12)

Finance Charges = $10

3 0
3 years ago
Dustup, a cleaning products company, was trying to revive its old wood floor waxing product. It began offering an augmented serv
mylen [45]

Answer:

Dustup forgot to the consumers if the add-on will give them more satisfaction from using their product.  

Explanation:

The market is always king. Getting first-hand information about what consumers need and how they need it is the best way to go about creating a product or modifying an existing one to become more profitable.

The removal of the brochures from the bottles showed that shoppers didn't necessarily want their product. What they wanted was to be able to make contact with the company and get more information on how to revive their old wooden floors.

Cheers!

7 0
3 years ago
Plutonic Inc. had $400 million in taxable income for the current year. Plutonic also had an increase in deferred tax liabilities
Sergeu [11.5K]

Answer:

Increase of 130 million

Explanation:

In this question, we are looking to evaluate what has happened to change in deferred tax assets. We proceed as follows;

Firstly, we calculate the current tax.

Mathematically = 40% of 400 million = 40/100 * 400 million = 160 million

Now, as we can see in the question, a decrease in deferred tax asset resulted in an increase in tax expense to a tune of $50 million

This brings the total tax expense to 160 million + 50 million = 210 million

We can see from the question that the company has only recognized a tax expense of $80 million.

This means that the change in deferred tax asset was an increase of 210 million- 80 million = $130 million

8 0
3 years ago
Other questions:
  • Question 5 of 10<br> Relationship building at work can...
    7·1 answer
  • You purchase 4,000 bonds with a par value of $1,000 for $978 each. The bonds have a coupon rate of 7.7 percent paid semiannually
    12·1 answer
  • Which of the following will be affected if consumers take money out of checking accounts to pay their credit cards?A. M1B. M2C.
    7·1 answer
  • Use the following selected information from Wheeler, LLC to determine the 2017 and 2016 trend percentages for net sales using 20
    11·1 answer
  • Seminoles Corporation’s fiscal year-end is December 31, 2021. The following is a partial adjusted trial balance as of December 3
    9·1 answer
  • What is the proper preparation sequencing of the following budgets? 1. Budgeted Balance Sheet 2. Sales Budget 3. Selling and Adm
    8·1 answer
  • "Girls Just Wanna Have Funds" is a Washington, DC, support group that consists mostly of young women who offer tips on budgeting
    11·1 answer
  • Which actions can the mentor take to develop effective leadership qualities in the aspiring leader? Select all that apply.Modeli
    5·1 answer
  • Define central bank.​
    10·1 answer
  • hp ties its printer ink to its printers by embedding a patented printer head in its ink cartridge rather than build it into the
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!