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PtichkaEL [24]
3 years ago
11

What will NOT cause a shortage?

Business
1 answer:
sweet-ann [11.9K]3 years ago
5 0
<h3>Answer: D) increase in prices</h3>

An increase in prices will reduce demand, and not supply. You could have an increase in prices due to a shortage, but price increases could also be from a number of other factors, one of which is demand increasing.

Meanwhile, war, scarcity and extreme weather all are possible factors of a shortage. So we can cross choices A,B,C off the list.

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3 years ago
The local convenience store advertises 50% off frozen slushies. As a result of the sale, the store sells 80% more slushies, but
Reil [10]

Answer:

0.4

Explanation:

Given that,

Convenience store advertises 50% off frozen slushies: This means that the price of slushies decreases by 50%.

20% Fewer sales of fountain drinks: This means that the quantity demanded of fountain drink decreases by 20%.

Percentage change in the price of slushies = 50%

Percentage change in the quantity demanded of fountain drink = 20%

Cross price elasticity measures the responsiveness of quantity demanded for one good to any change in the price level of the other good.

Therefore, the cross elasticity between slushies and fountain drinks is as follows:

= Percentage change in the quantity demanded of fountain drink ÷ Percentage change in the price of slushies

= 20 ÷ 50

= 0.4

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3 0
4 years ago
Sam was born in 1963. what is the earliest age that sam can retire to receive full social security benefits
Yakvenalex [24]
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6 0
4 years ago
Q 8.8: What is the effect of the collection of an account that had been previously written off under the allowance method of acc
lisov135 [29]

Answer:

The answer is: A : It will increase income in the period it is collected.

Explanation:

Under the allowance method, the company estimates bad debt expenses. So any bad debt written off will affect only the balance sheet by:

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  • Cr Accounts receivable

If unexpectedly your client decides to pay their debt, this should be recorded as:

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and then the payment should be recorded increasing the income for the current period:

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7 0
3 years ago
Ordinarily, to obtain an arrest warrant, a law enforcement agent must demonstrate that there is ______ that a suspect committed
finlep [7]

Answer:

Probable cause.

Explanation:

Probable cause by definition is reasonable grounds to believe that a particular person has committed a crime, especially to justify making a search or preferring a charge.

8 0
4 years ago
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