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3 years ago

Which of the following statements is a correct description of Say's law in a money economy?

Business

1 answer:

harina [27]3 years ago

5 0

Answer:

C. A rise in saving does not change aggregate demand.

Explanation:

Say's law states that the production of goods creates its own demand.

According to Say's law, in a money economy, a rise in saving does not change aggregate demand because total expenditure amount does not change, it only moves from consumption category to the investment category in equal proportion.

Also, disposable income stays constant and consumption decreases, while savings increases.

Savings = disposable income - consumption.

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A company operating under an EOQ policy enjoys rising annual demand for their products for three consecutive years. During this

Oduvanchick [21]

Answer:

Their order quantity will rise but the time between orders will fall.

Explanation:

Let's analyse the EOQ formula:

$Q_{opt} = \sqrt{\frac{2DS}{H}}$

If Demand increases

The dividend increase, so the quotient increase.

EOQ will rise.

<u>Only options b and c are correct on that statment.</u>

Now let's check the time between order:

$\frac{EOQ}{Demand} \times 365$

If we analyze the increase in demand:

√(2xΔDxS/H)/ ΔD

everything else is keep constant so we have:

√(CxΔD)/ ΔDx

If we use L'Hopital we can conclude this function limit is zero.

Anyway a more easy way to do it will be calculate with a demand of 1000

and then with a demand of 50,000 to notice how much the time between order decrease.

√(1000) / 1000 = 0.031622776

√(51000)/ 51000 = 0.004428074

<u>so we have EOQ increase and days between order decrease.</u>

Now only option B is correct !

8 0

3 years ago

Assume that Clampett, Incorporated, has $200,000 of sales, $150,000 of cost of goods sold, $60,000 of interest income, and $40,0

liubo4ka [24]

Answer:

$21,000

Explanation:

Calculation to determine Clampett, Incorporated's excess net passive income tax

Using this formula

Excess net passive income tax = ( Interest income + Dividends ) × Tax rate

Let plug in the formula

Excess net passive income tax = ( $60,000 + $40,000 ) × 0.21

Excess net passive income tax = $21,000

Therefore Clampett, Incorporated's excess net passive income tax will be $21,000

4 0

3 years ago

The power of a labor union weakens when the company introduces technologies that replace the need for the union's members. techn

icang [17]

Technology is a substitute for employees

6 0

3 years ago

The listening gap is understood to be the difference between ________. Group of answer choices A. The speed of sound and the spe

diamong [38]

Answer: the speed at which the brain can comprehend communication and speed at which the average adult speaks

Explanation:

Listening is a primary skill that is used by most individuals to gather information.

The listening gap is understood to be the difference between the speed at which the brain can comprehend communication and speed at which the average adult speaks.

3 0

4 years ago

Which 2 statements are true regarding Intuit-approved QuickBooks Online apps?

Zielflug [23.3K]

Answer: • You or your client can add apps to the client's account

• They must be available via the Apps screen in QuickBooks Online Accountant or apps.com

Explanation:

You didn't give the options to the questions but I got the options online. Quickbook refers to an accounting software package that is used by businesses to pay bills, accept payments, do payroll functions etc.

The correct statements regarding Intuit-approved QuickBooks Online apps include:

• You or your client can add apps to the client's account.

• They must be available via the Apps screen in QuickBooks Online Accountant or apps.com

5 0

3 years ago