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mart [117]
4 years ago
10

Which of the following would lead to an increase in the demand for golf balls?

Business
1 answer:
dangina [55]4 years ago
3 0

Answer:

Option C, An decrease in the price of golf balls, is the right answer.

Explanation:

Option “C” is correct because as per the law of demand, the price of a commodity and its demand are inversely related to each other. If the price increases, then the demand for the commodity falls. If the price of the commodity falls, then the demand increases. Similarly, in the case of golf balls, when its price decreases then this decrease in price will result in an increase in demand for golf balls.

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Why should new foods be introduced to an infant one at a time?
il63 [147K]
Because an infants taste buds may be stronger
6 0
3 years ago
A group of ten UIC professors each contributed an equal amount to the purchase of a State of Illinois Lottery ticket. Two of the
Bogdan [553]

Answer:

Total cost of Ticket = $96

Explanation:

Provided information,

Total number of people buying lottery ticket in a joint contribution = 10

Two people withdraw being short of funds, therefore people buying such ticket = 8

Revised share increase by $2.40 each.

Total increase = $2.40 \times 8 = $19.20

Just because 2 people withdraw, thus earlier contribution per person = $19.20/2 = $9.60

Therefore, total cost of ticket = $9.60 \times 10 = $96

3 0
4 years ago
Assume an after-tax savings interest rate of 7 percent and a tax rate of 28 percent. (a) Calculate the total rental cost and tot
Readme [11.4K]

Complete Question

Annual rent $ 7,380

Insurance 145

Security deposit 650

Annual mortgage payments $9,800 ($9,575 is interest)

Property taxes 1,780

Insurance/maintenance 1,050

Down payment/closing costs 4,500 Growth in equity 225

Estimated annual appreciation 1,700

Assume an after-tax savings interest rate of 7 percent and a tax rate of 28 percent.

(a) Calculate the total rental cost and total buying cost.

Answer:

Explanation:

(a)Rental Costs

Buying Costs $7,380

Rent $9,800

The following calculations were made:

Interest lost on security deposit

= Security deposit × 7%

= $650 × 0.07 = $45.5

Interest lost on down payment and closing cost

= Down payment × 7%

= $4,500 × 0.07 = $315

Tax savings for mortgage interest =

Interest × 28%

$9,575 × 0.28 = $2,681

Tax savings for property taxes =

= Property taxes × 28%

$1,780 × 0.28 = $498

8 0
3 years ago
What does the president consider to be the most important criterion when making political appointments to the bureaucracy?
andrew-mc [135]

Answer:

loyalty to the President

Explanation:

The President of the United States makes all the important political appointment of the bureaucracy to the Government offices. He does that appointing his favorite officials to the offices of the United States different federal agencies. One of the most important criteria that the President considers while appointing the bureaucracy officials is "loyalty to the President."

The President seeks those people who are loyal to him and follows every orders and advices of the President. The President keeps in mind that no one disobeys him and follows his order without any hesitations.

Thus the answer is "loyalty to the President."

7 0
3 years ago
Bernson Corporation is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $49
chubhunter [2.5K]

Answer:

$ 464,120

Explanation:

Data provided :

Estimated total fixed manufacturing overhead = $ 492,000

Estimated machine hours = 30,000 hours

Actual total fixed manufacturing overhead = $ 517,000

Actual total machine-hours during the period = 28,300 hours

Estimated overhead Rate is given as:

= ( Estimated Fixed Manufacturing Overhead) / (Estimated Machine Hours )

or

Estimated overhead Rate = $ 492,000 / 30,000 hours = $ 16.4 / hr

Now,

the total amount of overhead = overhead Rate × Actual total machine-hours

or

the total amount of overhead = $ 16.4 / hr ×  28,300 hours = $ 464,120

6 0
3 years ago
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