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Jobisdone [24]
2 years ago
7

Which factor will not cause an increase in demand for good X? a decrease in the price of good X a decrease in income if good X i

s an inferior good an increase in income if good X is a normal good an increase in the popularity of good X with consumers
Business
1 answer:
Roman55 [17]2 years ago
8 0

Answer:

I believe it's "a decrease in income if good X is an inferior good"

Explanation:

If the price is decreased people are more likely to buy it. If people have more money they are more likely to buy more thinks including good X. An increase in popularity with good X is sure to make more people want to buy it, so the second option is the only one that really makes sense.

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Two roadway design are under consideration. Design 1A will cost $3 million to build and $100,000 per year to maintain. Design 1B
melomori [17]

Answer:

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Explanation:

6 0
3 years ago
Terry estimates that the costs of insurance, license, and depreciation to operate his car total $460 per month and that the gas,
puteri [66]

Answer:

Total cost= $984.62

Explanation:

Giving the following information:

Fixed cost= $460

Unitary variable cost= $0.34 per mile

Miles driven= 1,534

<u>First, we need to establish the total cost formula:</u>

<u></u>

Total cost= fixed cost + unitary variable cost*number of units

Total cost= 460 + 0.34*x

x= number of miles

<u>Now, the total cost for the month:</u>

Total cost= 460 + 0.34*1,543

Total cost= $984.62

7 0
2 years ago
When the Federal Reserve aska for more money to be printed, which of the
dmitriy555 [2]

Answer:

A. The federal Reserve

C. The U.S. Treasury

8 0
3 years ago
Read 2 more answers
Which of the following is true of assigning costs to cost objects? a.Assigning costs to cost objects can be accomplished in a nu
podryga [215]

Answer:

A and B.

Explanation:

Understand  cost classification used for assigning costs to cost objects can be divided in direct costs and indirect costs.

Direct costs are those who can be easily and conveniently traced to a unit of product or other cost object. Examples are direct material and labor.

Indirect costs are those who cannot be easily and conveniently traced to a unit of product or other cost object. Example manufacturing overhead.

The common costs are the indirect costs incurred in support a number of cost objects. These costs cannot be traced to any individual cost object.

Determining cost tracing and allocation is more art than science, as it's difficult to trace costs with 100 percent accuracy.

Tracing costs becomes even more difficult when a cost goes toward producing multiple goods or services.

3 0
3 years ago
Assume that ABC had a retained earnings balance of $10,000 on April 1, and that the company had the following transactions durin
Lostsunrise [7]

Answer:

ABC's retained earnings balance at the end of April is $11,400

Explanation:

The addition to retained earnings in the current month is revenue derived from providing services to customers minus the expenses such as rent and employee salaries

Net income for the month=$2,000+$900-$800-$700=$1400

Retained earnings at month end=opening retained earnings+net income

Retained earnings at month end=$10,000+$1,400=$11,400

8 0
3 years ago
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