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
Gre4nikov [31]
3 years ago
12

Suppose lisa spends all of her money on books and bagels, and a bagel is an inferior good for her. when the price of coffee incr

eases, the
a.consumption of coffee will rise.
b.consumption of coffee will fall.
c.consumption of coffee will not change.
d.not enough information.
Business
1 answer:
frutty [35]3 years ago
6 0
D,

We don’t even know whether Lisa likes coffee or not.

If she does like coffee, and it is a normal good, the consumption would ineluctably increase.
You might be interested in
Which of the following presents a summary of the changes in a firm’s balance sheet from the beginning of an accounting period to
svet-max [94.6K]
The correct answer is <span>The statement of cash flows. </span>The statement that presents a summary of the changes in a firm’s balance sheet from the beginning of an accounting period to the end of thataccounting period is "the statement of cash flows."
3 0
3 years ago
A landowner validly conveyed a small office building to the green party "as long as they use it for operating quarters until the
hjlf

The green party and the gas monitoring organization should prevail because the land owner had willed that the property be given to them.

7 0
3 years ago
Read 2 more answers
In 1988, terrorists bombed Pan Am Flight 103 over Lockerbie, Scotland, killing allpassengers on board. Congress sought to remedy
AnnZ [28]

Answer:

Freedom of Information Act

Explanation:

The Freedom of Information Act requires that documents controlled by the United States government be released upon request in certain cases.

7 0
3 years ago
Costello Corporation reported pretax book income of $502,000. During the current year, the reserve for bad debts increased by $9
Lera25 [3.4K]

Answer: $11220

Explanation:

Based on the scenario in the question, first, we.have to calculate the difference in net tax which will be:

= $42000 - $9000

= $33,000

Using a tax rate of let's say 34%, Costello's deferred income tax expense would be:

= $33,000 × 34%

= $33000 × 0.34

= $11220

4 0
3 years ago
The following revenue and expense account balances were taken from the Income Statement columns of the end-of-period spreadsheet
kotegsom [21]

Answer:

Explanation:

<u>Income Statement of Fraser Services CO. for the year ended as at December 31</u>

<u>Accounts                        Amount        </u>

Revenue                       92,500

Depreciation                - 4,950

Insurance                     - 2,900

Miscellaneous             - 1,200

Rent                              - 24,000

Supplies expense       - 3,150

Utilities                         - 5,000

Wages                           - 63.750

X Total operating expense  104 950

X Net loss                             - 12 450                                    

6 0
3 years ago
Other questions:
  • Valley Spa purchased $11,700 in plumbing components from Tubman Co. Valley Spa signed a 60-day, 14% promissory note for $11,700.
    5·1 answer
  • Rothe company manufactures and sells a single product that it sells for $200 per unit and has a contribution margin ratio of 25%
    15·1 answer
  • Employers prefer to review a _____ resume when trying to find which candidate has the specific skills necessary for a designated
    5·1 answer
  • Assume that a​ firm's marginal cost is​ $10 and the elasticity of demand is minus2. We can conclude that the​ firm's profit-maxi
    14·1 answer
  • A company has a unit contribution margin of $190 and a contribution margin ratio of 40%. what is the unit selling price
    9·1 answer
  • Rent-A-Reck Incorporated finds that it can rent 60 cars if it charges $40 for a weekend. It estimates that for each $5 price inc
    5·1 answer
  • Your manufacturing plant is operating at full capacity. In order to meet growth forecasts, you need to expand. A new addition to
    7·1 answer
  • Liam is considering putting money in an investment plan that will pay him $52,000 in 12 years. If Liam's opportunity cost rate i
    5·1 answer
  • Which of the following provides a statistical representation of survey data?
    11·1 answer
  • Interest expense is not: Multiple Choice Incurred on long-term liabilities. Reported on the income statement. A fixed expense. L
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!