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2 years ago

With a downsloping demand curve and an upsloping supply curve for a product, an increase in consumer income will

Business

1 answer:

iVinArrow [24]2 years ago

6 0

Answer:

increase equilibrium price and quantity if the product is a normal good.

Explanation:

In the case of normal good there is a direct relationship between the income and the quantity demanded. That means if the income rises so the quantity demanded would also rised and if the income declines so the quantity demanded also fall

So as per the given situation if there is a rise in income so the equilibrium price and quantity would increased in the case when the product is a normal good

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Some laws prohibit discrimination in employment. These laws promote which of the following primary functions of law? A. promoti

Nostrana [21]

Answer:

A. promoting social justice

Explanation:

Discrimination in any manner is prohibited at all the public places, and work places are part of such places covered.

There cannot be any discrimination on the grounds of religion, color, gender, or by any other categorization.

In this manner, every individual is treated equally, irrespective of the background he or she belongs too.

This provides a social justice to every individual. In this manner the social status, personality is not hindered.

7 0

2 years ago

The flow of money in transnational corporations is not balanced. this is true in two ways. explain

AleksAgata [21]

1. Because only 25% of the foreign investment went from MDCs to LDCs.

2. Money is not invested evenly among LDCs (most money went to China).

3 0

2 years ago

s) A system has four processes and five types of allocatable resources. The current allocation and maximum needs are as follows:

Troyanec [42]

Answer:

The smallest value of x is 5 which leads to a safe state.

Explanation:

Solution

Given that:

Process Available Maximum Request = Max-Available

A [2 ,1 ,0 ,2, 2] [4, 2,2, 3, 3] [2,1,2,1,1]

B [3 ,1, 1, 0 ,2] [3 ,3 ,6 ,1 ,2] [0,2,5,1,0]

C [2 ,1 ,0 ,2 ,1 ] [3 ,2 ,3 ,3 ,1] [1,1,3,1,0]

D [1, 1, 0, 1, 0 ] [1, 2, 3, 2 ,1 ] [0,1,3,1,1]

Available = 3,2,x,2,3 ⇒ x has to be determined.

Now

consider x=1 then Available = 3,2,1,2,3

It can't satisfy A,B,C,D since the minimum value of x among those is 2

Consider x=2 then Available = 3,2,2,2,3

It can't satisfy B,C,D since the minimum value of x among those is 3

Thus

consider x=3 then Available = 3,2,3,2,3

It can't satisfy D since the minimum value of x among those is 5

Then

consider x=5 then Available = 3,2,5,2,3

It can satisfy A,B,C,D

Therefore, the minimum value of x is 5. So, that it leads to a safe state.

5 0

3 years ago

China had a $214 billion overall current account surplus in 2012. Assuming that China’s net debt forgiveness was zero in 2012 (i

Pie

Answer:

The correct asnwer is $-214 billion.

Explanation:

A surplus occurs when an account exceeds the credit after having paid all its debts and obligations.

As the example says, assuming that China’s net debt forgiveness was zero in 2012, then the net balance of China's financial account balance would be -214 billion.

This means that China would be facing a deficit.

A defit means that more money comes out of our company's account than it enters.

Which causes China to have a<u> negative balance account.</u>

4 0

2 years ago

You accept a new job with a starting salary of $53,000. You receive a 4% raise at the start of your second year, a 5.5% raise at

vredina [299]

Answer:

a. Salary for the second year:

Salary is to increase by 4% in second year.

= 53,000 * (1 + 4%)

= $55,120

b. Third year salary:

Second year salary will increase by 5.5%

= 55,120 * (1 + 5.5%)

= $58,151.60

c. Fourth year salary:

Third year salary to increase by 11.1%

= 58,151.60 * (1 + 11.1%)

= $64,606.43

8 0

2 years ago