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3 years ago

One can determine the amount of any level of total income that is consumed by:_________.

Business

1 answer:

katen-ka-za [31]3 years ago

3 0

Answer:

a. multiplying total income by the APC.

Explanation:

The income model is also known as a revenue model and it is a spreedsheets formula used by individuals or organizations to identify the best income source to explore, what goods and services to offer, pricing of these goods and services, and who is the target audience (consumers).

Total income can be defined as the overall amount of money that is being earned by an individual or a household before any deductions such as tax.

One can determine the amount of any level of total income that is consumed by multiplying total income by the average propensity to consume (APC).

An average propensity to consume (APC) is a measure of the amount of money as a percentage that is being consumed by an individual or household rather than being saved.

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In the late 1990s "mad cow" disease caused people to buy less beef. It also caused the EU to ban imported British beef and the B

Bingel [31]

Answer:

Price of British beef falls initially, but regains some of its losses. Quantity sold falls.

Explanation:

British beef represents a large portion of the total European beef market, so a ban on British beef imports will initially cause the price of British beef to decrease a lot, but it will also increase the price of other European beef. This price shake up will eventually lead to a recovery of the price of British beef, since not all the cows were sick, but the most negative impact was not only on the price decrease but on the decrease in exports. Obviously a European ban on imported British beef will cause a dramatic decrease in the quantity sold.

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3 years ago

Elise, an emergency medical technician renders aid to a participant in Forest Trail Marathon, an athletic event. Regarding a sui

viktelen [127]

Answer:

an applicable Good Samaritan statute.

Explanation:

Good Samaritan law protects those that act to help someone the perceive to be injured, ill, in peril, or incapacitated.

This law was put in place to protect bystanders that want to help a person that is injured. They will not be held liable in case of wrongful death or unintentional injury.

So the suit against Elise for negligence by the Forest Trail Marathon participant is not enforceable as she is immune from liability under the good samaritan statute.

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3 years ago

Which of the following comes closest to the value at the end of year 6 of investing $600 today (year 0) and then investing anoth

cestrela7 [59]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Investment= $600 today and $600 at the end of year 5

Interest rate= 3%

To calculate the final value, we need to apply the following formula on each investment:

FV= PV*(1+i)^n

FV= 600*(1.03^6)= $716.43

FV= 600*(1.03^1)= $618

Total FV= $1,334.43

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3 years ago

Nicholas bought land from Meredith for $150,000. Nicholas paid $50,000 cash and gave Meredith an 8% note for $100,000. The note

Tom [10]

Answer:

C. Nicholas is not required to recognize gross income, but must reduce his cost basis in the land to $130,000

Explanation:

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2 years ago

If you cannot identify the author of a document on the web, you should try to determine the sponsoring organization for the docu

tiny-mole [99]

If its true or false question then true i think.

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3 years ago