Identify one way in which setting a goal can help a person budget<br> more effectively.

Becky only eats out at Macaroni Grill and eats out 3 times per month. She receives a raise fro $31,900 to $33,500 and decided to

ololo11 [35]

Answer:

Since elasticity is 6.4, a positive figure,it is normal good and the fact that it is greater than one means it is elastic,hence option A is correct

Explanation:

The formula for income elasticity of demand is given as:

/(new quantity-old quantity)//(old price+new price)/2)/(New income-Old income)/(old income+new income)/2)

New income=$33,000

Old income=$31,900

New quantity =5 times

Old quantity=3 times

Hence=(5-3)/(3+5)/2)/(33500-31900)/(31900+33500)/2)

Elasticity=6.45

6 0

3 years ago

Why the exist an economy?

MAVERICK [17]

Answer:

Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people

hope this helps

Explanation:

4 0

3 years ago

Below are approximate amounts related to retained earnings reported by five companies in previous years. Coca-Cola reports an in

NemiM [27]

Answer and Explanation:

The computation is shown below:

1. Amount of dividends of Coca-Cola is

= net income - Increase in retained earnings

= $6.9 billion - $3.2 billion

= $3.7 billion

2. Amount of net income of PepsiCo is

= Increase in retained earnings + dividend paid

= $3.4 billion + $2.6 billion

= $6 billion

3. The amount of dividends of Alphabet is

= net income - Increase in retained earnings

= $1.6 billion - $1.6 billion

= $0 billion

4. Amount of ending retained earnings of Sirius XM Satellite is

= Beginning retained earnings - net loss - dividend

= -$1.6 billion - $1 billion - $0

= -$2.6 billion

5. The amount of beginning retained earnings of Abercro is

= Ending retained earnings - net income + dividend

= $1.56 billlion - $0.43 billion + $0.06 billion

= $1.19 billion

4 0

3 years ago

When a company is able to expand its operations by exporting globally, it can often achieve greater economies of scale which res

gogolik [260]

When a business is able to grow by exporting its products around the world, it can frequently attain larger economies of scale, which leads to reduced unit costs.

A company's production unit cost often goes down as it grows. This reduction is the result of economies of scale. By employing the least expensive production techniques, profits will be maximized.

Consumers' prices are lowered as a result of lower cost-per-unit, which increases their real wages overall and makes it easier for them to locate affordable goods.

Businesses from one country offer their goods and services to clients or consumers in another country through the exporting process.

When a company produces more goods at a larger scale while paying less money on average per unit of output, this is a phenomenon known as economies of scale.

Learn more about economies of scale here:

brainly.com/question/23633985

#SPJ4

8 0

1 year ago

14) If the investor wants to have a portfolio with a 16% expected return, the minimum standard deviation he can achieve is a) 40

stellarik [79]

The main aim in which any investor puts his capital into a business is to:

Make profit.

<h3>What is an Investment?</h3>

This refers to the value which is given to a certain venture or business in order to yield profit after a period of time.

With this in mind, we can see that several parameters are missing from the question, but expected returns are measures of probability that are used to calculate profit and ROI.

Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.

Read more about investing here:
brainly.com/question/25572872

8 0

2 years ago

Identify one way in which setting a goal can help a person budget more effectively.