1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Colt1911 [192]
3 years ago
5

Assume that a consumer purchases only two products. Suppose that the consumer's money income doubles, and the prices of the two

products also double. These changes in income and prices will result in Group of answer choices
Business
1 answer:
Vitek1552 [10]3 years ago
5 0

Answer:

c

Explanation:

A) A shift of the budget line inward to the left

B) A shift of the budget line outward to the right

C) No change in the budget line

D) An increase in the slope of the budget line

You might be interested in
Assume that in the short run a firm is producing 100 units of output, has average total costs of $200, and has average variable
Virty [35]

Answer:

The correct answer is

A. $5,000

good luck ❤

3 0
3 years ago
Smith Company reported pretax book income of $406,000. Included in the computation were favorable temorary differences of $51,20
masha68 [24]

Answer:

$3,604

Explanation:

Calculation for what Smith's deferred income tax expense or benefit would be:

Using this formula

Deferred income tax expense =(favorable temporary difference-unfavorable temporary difference)*Tax rate

Let plug in the formula

Deferred income tax expense =($51,200-$40,600)*21%

Deferred income tax expense =$10,600*34%

Deferred income tax expense =$3,604

Therefore Smith's deferred income tax expense or benefit would be:$3,604

8 0
3 years ago
An economy produces only 500,000 tables valued at $100 each. Of these, 100,000 are sold to consumers, 200,000 are sold to busine
torisob [31]

Answer:$ 50 million

Explanation:

We know GDP is calculated as the sum of consumption spending(C),Investment spending(I),Government spending(G) and net export(X).

Here

  • Consumption spending=100,000\times 100=\$10 million
  • investment spending=200,000\times 100=\$20 million
  • Government spending=100,000\times 100=\$10 million
  • $5 million worth tables are sold abroad
  • no tables are imported.

At the end of year

GDP=C+I+G+X-M

GDP=10+20+10+5-0=$45 million

and the remaining 50,000 table worth of $5 million in inventory goes to the investment made by private sector

thus value of GDP is $ 50 million.

4 0
3 years ago
One of your customers is delinquent on his accounts payable balance. youâve mutually agreed to a repayment schedule of $660 per
Ahat [919]
N=log((1−14,880×0.0106÷660)^(−1))÷log(1+0.0106)=25.9 months

5 0
3 years ago
When making scrap or rework decisions, management should consider: (Check all that apply.)a. Revenue from selling defective unit
vlabodo [156]

Answer:

The correct answer is all of the above

Explanation:

Scrap or the rework costs are the costs which is incurred in order to repair the   items that are defective. And the decision to rework or scrap an item or product, ground on the benefits or advantage of the incremental costs.

If the reworked units generate or yield greater advantage or benefit rather than the selling them as scrap, then the decision to rework will be considered.

And if the decision of rework is taken, then the management should consider the incremental costs, revenue or profit from selling the defective units as scarp and the lost profit on selling and making the new units while the rework is performed.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Some critics have charged that the new deal was antibusiness and anti–free enterprise. explain why you agree or disagree with th
    5·1 answer
  • _________ memos state policies or procedures the writer wishes the reader to follow.
    9·1 answer
  • Your savings account currently has a balance of $32,300. You opened the savings account two years ago and have not added to the
    7·1 answer
  • On April 1, Smart, Inc. paid $7,200 for an insurance premium on a three-year insurance policy. How does this transaction affect
    9·1 answer
  • You bought a new truck for $18,082.00. if the truck depreciates 20% in the first year, how much will its value decrease?
    14·1 answer
  • What picture pops into your head when you hear the word "criminal"? Describe in what you see in detail. What picture pops in the
    9·1 answer
  • Video game designers can do visual design or programming.<br> A.<br> True<br> B.<br> False
    12·1 answer
  • The accounting effects of inventory sales across companies within a consolidated entity are removed when preparing consolidated
    10·1 answer
  • I don’t understand this and need help
    10·1 answer
  • Why is the vegetables market necessary . give reason​
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!