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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.

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The fiscal 2016 financial statements of nike inc. shows net operating profit margin (nopm) of 11.4%, net operating asset turnove
kolezko [41]
<span>E, there is not enough information without actually having the Return on Equity from which we can subtract the operating return. With only percentages, we cannot extract this answer.</span>
7 0
3 years ago
Unit volume as a pricing objective refers to the ratio of production costs to the minimum sales price that would still generate
victus00 [196]

Answer:

The quantity of products to be produced or sold.

Explanation:

The pricing objectives refer to the goals a business establih and that it uses to establish the way in which it sets the prices of the products or services. Unit volume is a price objective and it refers to establishing a price to reach a high unit volume. According to this, the answer is that unit volume as a pricing objective refers to the quantity of products to be produced or sold.

8 0
3 years ago
The Costaguanan stock market provided a rate of return of 97%. The inflation rate in Costaguana during the year was 81%. In Ruri
Lesechka [4]

Answer:

The answer is "\bold{8.8\% \ and \ 2.16 \%}".

Explanation:

Fischer relationship centered:

\to (1 + Nominal\  rate) = (1 + Real\ rate) \times (1 + Inflation)\\\\\to \text{For Costaguanan Stock},\\\\\to (1 + 97 \%) = (1 + Real \ rate) \times (1 + 81 \%)\\\\

\to (1 + 0.97 ) = (1 + Real \ rate) \times (1 + 0.81 )\\\\\to (1.97) = (1 + Real \ rate) \times (1.81)\\\\ \to (1 + Real \ rate) = \frac{1.97}{1.81} \\\\\to (1 + Real \ rate) = 1.088 \\\\\to Real \ Rate = 1.088 -1 \\\\

                     = 0.088 \\\\= 8.8\%

\text{For Ruritania Stock,}

\to (1 + 17 \%) = (1 + Real \ rate) \times (1 + 4 \%)\\\\\to (1 + 0.17 ) = (1 + Real \ rate) \times (1 + 0.04 )\\\\\to (1.17) = (1 + Real \ rate) \times (1.04)\\\\\to (1 + Real \ rate) = \frac{1.17}{1.04}\\\\\to (1 + Real \ rate) = 1.216\\\\\to Real \ rate = 1.216 -1

                    = 0.216 \\\\=2.16 \%

3 0
3 years ago
Financial well-being refers to a person that (check all that apply) *
olchik [2.2K]
What are the options ?
5 0
3 years ago
Draco Company charges a selling price of $25 per unit for its single product, incurs variable costs of $17 per unit, and total f
larisa86 [58]

Answer:

c. 23,500

Explanation:

The formula for determining target sales volume is shown below:

target sales volume=fixed costs+ target net income before tax/contribution margin per unit

fixed costs=$140,000

target net income before tax=$36,000/(1-25%)=$48000

contribution margin per unit=selling price-variable cost=$25-$17=$8

target sales volume=($140,000+$48000 )/$8

target sales volume=$188,000/$8

target sales volume=23500

7 0
3 years ago
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