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
alexandr402 [8]
3 years ago
8

in the two-period model, if consumption in both periods is a normal good, then an increase in income in period two: does not inc

rease consumption in either period. increases consumption in period one only. increases consumption in period two only. increases consumption in both periods.
Business
1 answer:
Readme [11.4K]3 years ago
5 0

Answer:

increases consumption in both periods.

Explanation:

A normal good is any product or service whose demand increases as consumers' income increases. The demand for a normal good will also increase due to the improvement in economic conditions in an economy.

A normal good is regarded to be of high utility value. Its consumption provides consumers with greater satisfaction. As a result, if consumer's income increase, demand for normal goods increases. Should consumption increase in a period, the demand will increase. The demand will continue to rise if incomes increase.

You might be interested in
Monopolistically competitive markets are characterized by a large number of firms A economies of scale B standardized products C
zavuch27 [327]

Answer:

The answer is B. standardized products

Explanation:

Monopolistic Competition has the following characteristics :

1. There large numbers of buyers and sellers

2. The products offered by sellers are close substitutes for the products offered by another seller.

3. The costs associated with entry and exit are low.

4. Sellers differentiate their products through advertising, branding etc.

Know that the most distinguishable factor in this market is product differentiation or standardized products.

The extent to which the seller is successful in product differentiation determines pricing power in the market.

The demand curve in this market is downward sloping i.e increase in price will lead to decrease in quantity demanded. This market is similar to perfectly competitive market.

The economic profit will fall to zero in the long run because the entry costs are not high.

7 0
3 years ago
Consider the following facts for health haven?
pochemuha

Answer:

attached below is the missing part of the question

$17000

Explanation:

1) calculate the cash dividends

  = beginning earnings + net income for the period - ending retained earnings

 = $44000 + $57000 - $68000 = $33000

2 ) calculate the amount of cash receipt from the sale of plant assets

first we will calculate the dep on sale of plant products

= beginning accumulated depreciation + depreciation expense - ending accumulated depreciation

= 22500 + 12000 - 24500 = $10000

next we calculate the cost of sale of plant assets

= beginning plant asset + acquisition new plant assets - ending plant asset

= $123500 + $29000 - $131500 = $21000

Hence the cash receipt from the sale plant assets = cost of sale of plant assets - dep on sale of plant products + gain on the sale of plant assets

= 21000 - 10000 + 6000 = $17000

7 0
3 years ago
IBM has just issued a callable (at par) 10 year, 6% coupon bond with annual coupon payments. The bond can be called at par in on
Andrew [12]

The bond can be called at par in one year or anytime thereafter on a coupon payment date. Ithas a price of $97 per $100 face value

<h3>What is bond?</h3>

A bond is a type of financial security in which the issuer owes the holder a debt and is obligated to repay the principal of the bond as well as interest over a specified period of time, depending on the terms. Interest is usually paid at regular intervals.

Bonds are one way for businesses to raise funds. A bond is a loan made between an investor and a corporation. The investor agrees to give the corporation a specific sum of money for a set period of time. In exchange, the investor receives interest payments on a regular basis.

To know more about bond follow the link:

brainly.com/question/25965295

#SPJ4

8 0
1 year ago
In the buying center, the ______ is the person who selects the supplier and negotiates the purchase while the ______ controls th
eduard

In the buying center, the Buyer exists the individual who selects the supplier and negotiates the purchase while the Gatekeeper manages the flow of information to all other roles.

<h3 /><h3>Who is a buyer?</h3>

A buyer's call exists as an agreement between a buyer and seller in which the purchase of a commodity exists at a characteristic price above a futures contract that exists for the same grade and quantity. A business buyer exists as one who immerses in the purchase or acquisition of a part or the whole business organization. A business buyer can be a person, a group of individuals, or a corporation.

The gatekeeper determines what information should move past them (via the information “gate”) to the group or individuals beyond, and what statement should not. Gatekeepers exist at a high level, data decision makers who manage information flow to a whole social system. Gatekeepers exist as people or policies serving as a go-between, controlling access from one point to another. They may restrict, control or delay access to services. Alternatively, they may also be used to oversee how to work exists being done and whether it satisfies certain standards.

In the buying center, the Buyer exists the individual who selects the supplier and negotiates the purchase while the Gatekeeper manages the flow of information to all other roles.

To learn more about buyer refer to:

brainly.com/question/7126249

#SPJ4

7 0
1 year ago
Your friend offers you a pencil or a t-shirt for your iced coffee. You choose the t-shirt because it has the highest
vlabodo [156]
Value ! From my understanding.
7 0
3 years ago
Read 2 more answers
Other questions:
  • If Chobani used which type of "Promotion" strategy vehicle for generating market awareness, it probably would have failed to rea
    6·1 answer
  • Darla sells roses in a competitive market where the price of a rose is $5. use this information to fill out the revenue columns
    5·1 answer
  • Which of the following is an example of a social career?
    14·1 answer
  • A _____ plan gives all employees a minimum level of benefits and a set amount to spend on flexible benefits, such as additional
    15·1 answer
  • In January, 20XX a customer buys 100 shares of ABC stock at $50 per share and pays a $2 commission per share. The customer recei
    9·1 answer
  • Emily's trust fund has a value of 100,000 on January 1, 1997. On April 1, 1997, 10,000 is withdrawn from the fund, and immediate
    7·1 answer
  • (A) If variances are prorated at the end of the accounting period, an unfavorable direct materials price variance will, when pro
    12·1 answer
  • Value a Constant Growth Stock Financial analysts forecast Best Buy Company (BBY) growth for the future to be 14.00 percent. Thei
    14·1 answer
  • Select an organization and identify and evaluate the components of its Strategic Plan (i.e., Vision, Mission, Values, Core Compe
    7·1 answer
  • As posited by carroll’s pyramid, the first and foundational responsibility of organizations in the global economy is to.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!