Assuming the total amount of gasoline purchased is 12 million barrels per day. The percentage change in the quantity demanded is: 50%.
<h3>Percentage change in the quantity demanded</h3>
Using this formula
Percentage change in quantity demanded= (Total amount of gasoline purchased- total amount of gasoline purchased in united states)/ Total amount of gasoline purchased in united states×100
Let plug in the formula
Percentage change in quantity demanded=(12 - 8) / 8
Percentage change in quantity demanded =4/8×100
Percentage change in quantity demanded=50%
Inconclusion the percentage change in the quantity demanded is: 50%.
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Answer:
True
Explanation:
The whole purpose of developing a strategy is to create unique and valuable market position, but f there was only one good market position, then every company would just try to reach that position. Through their own particular strategy, each company must try to differentiate themselves from the competition and hopefully reach the intended market position.
Answer:
$96,870
Explanation:
The understatement of ending inventory causes the cost of goods sold to be overstated and the gross and net income to be understated by the same amount.
If the 2017 ending inventory was understated by $7,100 then the correct net income figure for 2017 will be $7,1000 more that what was reported.
Therefore, 2017 corrected net income
= $89,770 + $7,100
= $96,870
Answer:
The correct answer is letter "B": She is reviewing her goals and aligning the budget to work toward them.
Explanation:
Smart financial planning is the strategy by which individuals or corporations adjust their budgets according to the current situation they face. The adjustments are done as many times as necessary to accomplish the goals those individuals or firms have set.
In Christie's case, the reason why she adjusts her budget by the end of every month is that she needs to match her expenses with her objectives so she can reach them.
