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3 years ago

A question beginning with "how" or "why" is usually what type of research question?

Business

2 answers:

ycow [4]3 years ago

8 0

A question beginning with “how” or “why” is a qualitative research question

sashaice [31]3 years ago

6 0

A question begging with “how” or “why” is
Qualitative

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The absolute value of the price elasticity of demand for ground beef has been estimated to be 0.5. If mad cow disease strikes th

leonid [27]

Answer:

total expenditure would increase

Explanation:

the demand for ground beef is inelastic.

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one.

As a result of the disease, the supply of ground beef would fall. this would lead to a hike in the price of ground beef. But since demand for ground beef is inelastic, the the fall in demand would be less than the rise in price, so total expenditures would rise.

4 0

4 years ago

An increase in the price of one good will have what effect on its complement?a. no effectb. increase in demandc. decrease in dem

Juliette [100K]

Answer: The correct answer is <u>"c. decrease in demand".</u>

Explanation: Complementary goods are all those products that depend on each other. That is, they are so closely linked that the behavior of one inevitably affects the behavior of the other.

The classic example of complementary goods is that of cars and gasoline. The sale of the former may be affected by an increase in the price of the latter; and, at the same time, the consumption of the second depends on the sale of the first.

7 0

4 years ago

Read 2 more answers

Which of the transactions listed here could be made into a recurring transaction? Select as many as are correct.(Select all that

professor190 [17]

Answer:

An expense, An invoice, An adjusting general entry

Explanation:

Well for the items provided,

Recurring transactions are those transactions which occur almost on a defined intervals. Recurring does not mean regular occurring, but it's occurring period is defined.

Therefore, Recurring Transactions are:

An expense = example monthly fixed payments of salary and wages, rent, utilities.

An invoice = this will be a regular transaction as issuing invoice to customers, is the daily business.

An adjusting general entry = as for like depreciation is fixed monthly,

Note: a customer payment is not recurring as it depends customer to customer as the payment is to be received or not, and at what interval it will be received.

Recurring transactions are:

An expense, An invoice, An adjusting general entry

6 0

3 years ago

From the bank reconciliation no entry was recorded for a debit memo for a new check fee expense. this would cause:________

SOVA2 [1]

Answer: expenses to be understated

Explanation:

4 0

2 years ago

You won a lottery! To collect your winnings you will be paid annual amounts of $11,300 for each of the next 21 years. The approp

Stella [2.4K]

Answer:

Difference = $9773.02

Explanation:

An annuity is a series of cash flows or payments that are of constant amount, occur after equal intervals of time and are for a limited and defined period of time. Thus, the winnings from lottery are an annuity as they pay a fixed amount $11300 every year for 21 years.

The annuity can be of two types namely ordinary annuity and annuity due. In ordinary annuity the cash flows occur at the end of the period and in annuity due, the cash flows occur at the beginning of the period. When we calculate the present value of these cash flows, it is understood that the present value of annuity due is greater than the present value of ordinary annuity.

The formulas for the present value of both ordinary annuity and annuity due are attached.

In the formula, R is the annuity payment or cash flow and i is the relevant interest rate and n is the number of years or periods.

PV of annuity ordinary = 11300 * [ (1 - (1+0.1)^-21) / 0.1 ]

PV of ordinary annuity = $97730.24548 rounded off to $97730.25

PV of annuity due = 11300 * [ (1 - (1+0.1)^-21) / 0.1 ] * (1+0.1)

PV of annuity due = $107503.27

Difference = 107503.27 - 97730.25

Difference = $9773.02

5 0

4 years ago