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
patriot [66]
3 years ago
9

If buyers’ incomes increase, the demand curve will shift to the _____ and the prices will _____.

Business
1 answer:
taurus [48]3 years ago
8 0

Answer:

Demand curve will shift to the right, the prices will increase.

Explanation:

An increase in the income of the consumer of will cause the demand curve of the consumer to shift to the right. This rightward shift in the demand curve will cause the demand curve to intersect the supply curve at a higher point.  

As a result, the equilibrium price level and the equilibrium quantity will increase. A decline in the income, on the other hand, will cause both quantity and price to decline because of a leftward shift in the demand curve.

You might be interested in
Kirsten believes her company's overhead costs are driven (affected) by the number of direct labor hours because the production p
Vlad1618 [11]

Answer:

Predetermined manufacturing overhead rate= $10 per direct labor hour

Explanation:

Giving the following information:

Product A:

Direct labor hours= 1,600

Product B:

Direct labor hours= 400

Estimated overhead= $20,000

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 20,000/2,000

Predetermined manufacturing overhead rate= $10 per direct labor hour

5 0
3 years ago
The 2014 balance sheet of steelo, inc., showed current assets of $4,630 and current liabilities of $2,190. the 2015 balance shee
Ostrovityanka [42]

Hello!

Working capital in 2014 is
4,630−2,190=2,440
Working capital in 2015 is
5,180−2,830=2,350

change in net working capital, or nwc
2,350−2,440=−90

Good luck!

8 0
3 years ago
Molly went to the mall and parked her red car under a tree. when she returned to her car a few hours later, only half of the car
sergij07 [2.7K]
<span>Molly's car is no longer fully in the shade due to the sun's movement throughout the day. As the day progresses, the sun will recede into the sky and the car will no longer be entirely in the shade.</span>
6 0
3 years ago
What is a tax return?
ss7ja [257]
What, you just told yourself the answer
3 0
2 years ago
Explain one benefit to a business of using crowd funding as a source of finance
Anna35 [415]

Answer:

Explanation:

Crowdfunding can be regarded as a way in which businesses can raise funds through the contribution of large number of people to the project.

SPEED AND ACCESSIBILITY

Crowdfunding helps the entrepreneur/ Businesses to get the necessary capital without passing through arduous process involving in loan collection, and this is good for small and medium companies that doesn't have enough creditworthiness in taking loan. As far as crowdfunding is concerned, no special qualifications involved in starting a crowdfunding campaign, within some hours ones page can be outlined and make visible to crowdfunding platform’s audience. There is no hunt down of specific venture capitalists.

4 0
3 years ago
Other questions:
  • On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $24.50 per share. On March 1, a dividend of
    7·1 answer
  • Stephen (an HIM coding manager) has been tracking Gina’s coding productivity and quality over the past several months. Gina has
    12·1 answer
  • Mrs. watson believes that all immigrants should go back to the country they came from, and she refuses to hire any for her flora
    7·2 answers
  • How does selling shares on the stock exchange benefit companies?
    13·1 answer
  • Fractions or percentages computed by dividing one account or line-item amount by another are called a.returns. b.industry averag
    14·2 answers
  • Nation A builds a new highway next to citizens’ properties. In the months following, littering as well as several highway accide
    5·1 answer
  • module 3 BlockWood Inc. has been providing raw materials to Couches Corp., a furniture company. The management at Couches recent
    5·1 answer
  • The largest tax break for most Americans is the mortgage interest tax deduction, which allows homeowners to deduct from their ta
    11·1 answer
  • Collins Corporation uses a predetermined overhead rate based on direct labor cost to apply manufacturing overhead to jobs. The f
    14·1 answer
  • If a call option has a $10 strike price, and the underlying stock is trading at $11, then the option is considered: a. in the mo
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!