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Alex
3 years ago
14

If product Y is an inferior good, a decrease in consumer incomes will rev:

Business
1 answer:
Marat540 [252]3 years ago
4 0

Answer: Option (B) is correct.

Explanation:

Inferior good is a good whose demand is inversely related with the consumers income. This means that if there is an increase in the income of the consumer then as a result demand for normal good increases but demand for inferior goods decreases.

On the other hand, if there is a decrease in the income of the consumer then as a result demand for normal good decreases but demand for inferior goods increases.

Hence, decrease in consumer incomes will increase the demand of product Y and the demand curve for product Y to the right.  

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g on january 1 playa company acquires 90 percent ownership in seaside corporation for 180,000 the fair value of noncontrolling i
Nana76 [90]

The question is incomplete, the complete question is:

On January 1, Playa Company acquires 90 percent ownership in Seaside Corporation for $180,000. The fair value of the noncontrolling interest at that time is determined to be $20,000. Seaside reports net assets with a book value of $200,000 and fair value of $200,000. Playa Company reports net assets with a book value of $480,000 and a fair value of $525,000 at that time, excluding its investment in Seaside. What will be the amount of consolidated net assets that would be reported immediately after the combination?

Answer:

$680,000

Explanation:

Since Playa Company owns 90% of Seaside Corporation, it is considered Seaside's parent company and it must include all of Seaside's assets when it presents its consolidated balance sheet.

Total net assets reported = $480,000 (Playa's net assets at book value) + $200,000 (Seaside's net assets) = $680,000

4 0
3 years ago
A firm that decides to expand internationally based on the availability of government subsidies in the host country is pursuing
Aleksandr-060686 [28]

Some policies favor businesses, A firm that decides to expand internationally based on the availability of government subsidies in the host country is pursuing a competitive advantage.

<h3>What is competitive advantage?</h3>

Competitive advantage is factors that allow a company or industry to produce goods and services better, expand or produce more cheaply than its rivals.

A nation's competitiveness in business depends on the capacity of the industry to innovate and upgrade.

Therefore, a firm that decides to expand internationally based on the availability of government subsidies in the host country is pursuing competitive advantage.

Learn more on competitive advantage here,

brainly.com/question/26514848

8 0
2 years ago
When an employee evaluates his or her manager low on all performance criteria due to dissatisfaction with the manager's disposit
Anton [14]

Answer:

The correct answer is D

Explanation:

Horns error is the term which defined as the error, where the opinion of one is color with the opinion of the others. This kind of error involves or comprise the negative ratings. This will be called as the horns error.

In this case, an employee computed the manager low on all the performance due to the dissatisfaction with the disposition of the manager. So, the employee committed to a horns error.

8 0
3 years ago
If you bought Nike stock for $76 a share and sold them for $100 per share, your profit was
Ivan

$24 per share, because if you bought it for $76 and sold it for $100 you gained $24


3 0
3 years ago
A Japanese auto company recognized the quality of air-conditioning systems that a U.S. company in Indiana successfully manufactu
Natali5045456 [20]

Answer:

insourced

Explanation:

A Japanese auto company recognized the quality of air-conditioning systems that a U.S. company in Indiana successfully manufactured for the U.S. auto industry. Rather than build its own, it <u>insourced</u> the air-conditioning component of its models to the U.S. company, which provided several jobs for skilled tradespersons in that state.

3 0
3 years ago
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