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solong [7]
4 years ago
12

The distinction between a normal and an inferior good is ...

Business
1 answer:
Korvikt [17]4 years ago
7 0

When income rises, demand for a normal good will go up and demand for an inferior good will go down (because people would rather spend their extra money on the normal/better products).

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Which of the following statement is false? Group of answer choices Depreciation is a noncash expense Depreciation is the process
meriva

Answer:

If the asset’s book value exceeds the proceeds received from disposal by sale, the company records a gain.

Explanation:

All of the other options are true except for this option;

If the asset’s book value exceeds the proceeds received from disposal by sale, the company records a gain.

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Hence, If the sales of a plant asset exceeds its book value, the company records a gain.

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3 years ago
What is business management.
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3 years ago
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The government must mandate lower prices when beef surpluses exist; otherwise, the quantity supplied will continue to exceed the
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Answer: True

Explanation:

Beef surplus in the market simply means that there's excess of beef in the market. In this case, the quantity supplied for beef is more than the quantity that the consumers demand, which means that the price at which beef is sold is more than the equilibrium price.

Due to thus reason, the government must mandate lower prices as this will help in increasing the quantity demanded of beef, reduce quantity supplied and hence, the surplus will be curtailed.

3 0
3 years ago
The following information pertains to Sunland Company. Assume that all balance sheet amounts represent average balance figures.
IrinaK [193]

Answer:

the Return On COmmon Stockholders Equity is 16.78%

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Return On Common Stockholders Equity is

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When the United States economy entered a deep recession in 2007, opinions were varied and widespread about how government econom
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<u>Solution and Explanation:</u>

The governments have focused attention on long-term productivity growth.

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3 years ago
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