1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
professor190 [17]
3 years ago
9

A change in the price of a good has two effects on the quantity consumed. What are these​ effects?

Business
1 answer:
ipn [44]3 years ago
8 0

Answer:

The answer is B

Explanation: This because when we consume something it goes while if we do not the price goes down.

You might be interested in
Reasons for unequal distribution of income in developing countries​
Colt1911 [192]

Answer:

the answer is because it would never be equal

Explanation:

6 0
3 years ago
Read 2 more answers
During the current year, Cary and Bill incurred acquisition debt on their residence of $1,300,000 and a home equity loan of $200
77julia77 [94]

Answer:

qualified acquisition debt = $750,000

qualified home equity debt = $0

Explanation:

Qualified acquisition debt refers to the debt incurred to purchase or build your home. In this case, Cary and Bill are allowed to itemize the interests paid for up to $750,000 of the acquisition debt ($375,000 if filing separately). This limit was reduced due to the TCJA of 2017, and will remain in place until 2025. After 2025, the limit will return to the normal $1,000,000.

Certain amount of interests on qualified home equity loans will also return in 2025, but currently they are not deductible.  

8 0
3 years ago
I NEED THIS ASAP
scoray [572]

A Digital Lab is a good digital learning environment for someone who is studying science.

Electronic Health Records are technology trends found in the field of medicine.

If you are looking for an out-of-print copy of a book, you should check a <u>Digital Library</u> .

(I just answered the question on Edgenuity myself)

7 0
3 years ago
Please if you good at finance or math please i really need your help
Daniel [21]

Answer:

Hi

Explanation:

5 0
2 years ago
Among the tax proposals regularly considered by Congress is an additional tax on distilled liquors. The tax would not apply to b
Lelu [443]

Answer:

Liquor consumers

Explanation:

Price elasticity measures the degree of responsiveness of quantity demanded to changes in price. Demand is elastic if a small change in price has a great effect on quantity demanded. The coefficient of elasticity is usually greater than 1.

Demand is inelastic if changes in price has little or no impact on the quantity demanded. Coefficient of elasticity is usually less than 1.

The elasticity of demand for liquor is -0.4 while the elasticity of supply for liquor is 3.5. Therefore the demand for liquor is inelastic while the supply of liquor is elastic.

If taxes are imposed on consumers, the quantity demanded wouldn't change or change a little.

If taxes are imposed on suppliers, the quantity supplied would fall more.

Therefore , the burden of tax can be passed on more to consumers.

I hope my answer helps you.

3 0
3 years ago
Other questions:
  • Blossom Co. has a capital structure, based on current market values, that consists of 30 percent debt, 3 percent preferred stock
    5·1 answer
  • Very recently, ink has been developed that will conduct electricity. The application for this ink is to print circuitry that can
    12·1 answer
  • When supply and demand meet at the equilibrium point, prices in the market will:____________.
    7·1 answer
  • In the old south, hovland and sears found that as the economy grew worse, the number of lynchings of black men increased. this i
    9·1 answer
  • Expenses are recognized Multiple Choice when a petty cash account is established. when an employee is reimbursed for expenses in
    14·2 answers
  • QUESTION 6 of 10: You have one hour for lunch. You want to go to your favorite sub shop, which is 18 minutes from your job. You
    10·2 answers
  • For a business, profit can be defined as
    10·1 answer
  • A company acquires a 25% investment in another corporation. The reporting of this investment depends primarily onThe percentage
    14·1 answer
  • Reeves Incorporated is issuing a note payable to four individuals for $5,000 each. Which individual will end up paying the MOST
    12·1 answer
  • At what wage rate will there be excess labor supplied in the market?
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!