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2 years ago

Read the sentence.

Business

1 answer:

olchik [2.2K]2 years ago

5 0

Answer:

The correct answer is B

Explanation:

The economic question that recognize the consumers, is for whom to produce. Under this situation, the business need to determine or evaluate that the goods and the services which they are producing, for whom they producing, either for the customers or business so that they could earn the profit by selling those goods and services.

Under the following condition, manny wishes sells the candy bars to the classmates, so they are producing for the classmates (they identifies the Whom they are producing for) in order to earn extra amount of money.

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Doris recently started her position at Monro Company. The company uses the dollar-value LIFO inventory method. On her first day

Furkat [3]

Answer

Explanation:

Cost index in dollar - value LIFO method is used to determine the change in prices since the beginning of he base year by comparing the year end inventory to the base layer cost.

The extended cost of the ending inventory at the most recent price is divided by the cost of the ending inventory at the base year price.

Workings

Cost in term of base layer = $50,000

Cost in term of the layer layer $100,000

Cost index = 100000/50000 = 2

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3 years ago

Shawna wins the lottery and her income increases by 60 percent. she used to buy 10 pints of cottage cheese per month and now she

Dmitriy789 [7]

Answer: Her income elasticity of demand for cottage cheese is 0.3333 making it a normal and necessary good.

The income elasticity of demand is given by :

$\mathbf{YED = \frac{percentage change in demand}{percentage change in income}}$

The percentage change in income is given as 60%. We calculate the percentage change in quantity demanded as follows:

$\mathbf{percentage change in quantity demanded = \frac{Q_{1}-Q_{0}}{Q_{0}}}$

$\mathbf{percentage change in quantity demanded = \frac{12-10}{10}}$

$\mathbf{percentage change in quantity demanded = 0.2}\\$

Substituting the value above in the income elasticity demand formula we get,

$\mathbf{YED = \frac{0.20}{0.60}}$

YED = 0.33333

Since the income elasticity is positive, and since Shawna buys more cottage cheese after an increase in income, we can classify this good as a normal good.

Since the income elasticity is between 0 and 1 we can also conclude that cottage cheese is also a essential good or a necessity.

7 0

2 years ago

Prompt

Savatey [412]

Is this argumentative ? are you supposed to be talking her into donating ? you could say that there’s proof that they do donate the money and use self worth and helping others and the good feeling you get from that to get her to donate

7 0

2 years ago

Lee starts entering data into the table. He types in the mass of Mercury. Next, he wants to type in the diameter of Mercury.

katrin [286]

Answer:

Her weight is lower on Venus because the acceleration due to gravity is lower.

Explanation:

6 0

2 years ago

Read 2 more answers

Phillippe invested $1,000 ten years ago and expected to have $1,800 today. He has not added or withdrawn any money from this acc

weqwewe [10]

Answer:

d) He earned a lower interest rate than he expected

Explanation:

Data provided in the question

Invested amount ten years ago = $1,000

Expected amount = $1,800

Today amount = $1,680

Based on the above information,

Since the bond is based on the floating rate not the fixed rate that results in the value of the investment to $1,800

And, the today amount is $1,680 i.e. less than the expected amount so the internet rate should be less as compared with the expected rate

hence, correct option is d.

8 0

2 years ago