Answer:
The answer is letter D. Cognitive Dissonance
Explanation:
When people act contrary to their self-perceptions as reasonable and sensible people, they experience a feeling known as _cognitive dissonance_______.
Answer:
The total revenue Solitare would report over the two months is $99 with a gross loss of $11.74
Explanation:
Particulars Amount ($)
Sales (January & February)
- Wizard Inc $50
- Spyder Corp $50
Less: Discount allowed to Wizard Inc <u>$1 </u> ($50 * 2%)
Net Sales $99
Less: Cost of goods sold (60.6+50.14) <u>$110.74</u>
Gross Loss <u>$11.74</u>
Answer:
A
Explanation:
Jones Mfg. has current assets of $26,900, net working capital of $8,200, long-term debt of $21,500, and total equity of $57,800. What is the equity multiplier?
Answer:
A) an increase in the price of other kinds of candy
Explanation:
If the price of substitute products (other types of candy) increases, then the suppliers of chewing gum can increase their price without the quantity demanded decreasing. If the decrease in the price of chewing gum is smaller than the increase in the price of substitute products, the quantity demanded will increase.
If there was a price increase of the main ingredients used to produce chewing gum, then the supply curve would shift to the left (option B is wrong).
If the workers signed an agreement that lowered their wages, then the supply curve would shift to the right (option C is wrong).
A decrease in the number of young people in the market would decrease the quantity demanded for chewing gum, which in turn would decrease the equilibrium price (option D is wrong).
A decrease in income would also decrease the quantity demanded, which would in turn decrease the equilibrium price (option E is wrong).