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Yuri [45]
3 years ago
8

When constructing a demand function, it is necessary to hold many other factors constant, so that a relationship between price a

nd output can be established.
a. True
b. False
Business
1 answer:
ZanzabumX [31]3 years ago
8 0

Answer:

True

Explanation:

The given statement is true because there are other factors that impact the demand for a commodity for example if the income of a person rises then the person will consume more commodity and the demand curve will shift.

Therefore, other factors should be constant while constructing the demand function because keeping other factors constant will not impact the price and output relationship.

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Women are severely underrepresented at the top of u.s. corporations. less than _____ percent of the executive jobs at fortune 50
vesna_86 [32]

Women make up almost half of the total work force and earn 57 percent of Bachelor's degree, 60 percent of Master's degree and 73 percent control or influence on consumer decisions in American archipelago. However, less<span> than 3 percent of the executive jobs at Fortune 500 industries are held by women. This inequity doesn't just hurt women. They harm families, employers, and the United States' economy as well.</span> 

 

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3 0
3 years ago
Ckson's Programming paid its June of $500 cash. demonstrate how to use the accounting equation to record the transaction by comp
Dvinal [7]

Answer:

Decrease <u>Cash </u>and Increase <u>Expense</u>

Explanation:

Jackson Programming paid $500 as rent for the month of June.

The accounting equation is is the basis of the double entry accounting principle system. It is an equation that stipulates that the balance sheet must remain balanced meaning every entry on the debit should be followed with a corresponding credit. It also means for every decrease there should be a corresponding increase.

In Jackson Programming;

A decrease is recorded in CASH because cash was paid, while an increase is recorded in EXPENSE because there is a corresponding increase in rent expenses.

5 0
3 years ago
Mayall Corporation is developing standards for its products. Each unit of output of the product requires 0.92 kilogram of a part
Alla [95]

Answer:

d. 1.05 kilograms

Explanation:

Since we are looking for the standard quatity in kilograms of input per unit of out put we are going to sum up all the input for each unit of output in order to arrived at the standard quantity in kilograms.

Output unit required 0.92 kg

Add: waste and spoilage allowance 0.02 kg

Allowance rejected 0.11 kg

Standard quantity in kilograms 1.05 kg

4 0
3 years ago
Airline travel and car rentals are complement goods. What happens first when
LenaWriter [7]

Answer:

D. The quantity of car rentals demanded goes up.

Explanation:

Complimentary goods are products that are used together. If Airline travel and car rentals are complementary goods, it means the two products must be used together. Either of the products will not add much value to the customer if purchased alone.  

Complimentary products have a joint demand. An increase in demand for one good leads to an increase in demand for the other product. If the demand for Airline travel rises, the demand for car rentals also increases. A decrease in demand will have similar effects.

7 0
3 years ago
Venture capital firms are ________ of money managers who raise money in "funds" to invest in startups and growing firms.
Artist 52 [7]

Answer:

Limited partnerships

Explanation:

They are limited partnerships because some of the partners only contribute financially and have liability only to the amount of their investments.

Venture capital firms provides funding for startups or companies in their early stages that they think have high growth prospects or have shown great prospects.

8 0
3 years ago
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