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3 years ago

) A price change would have the largest income effect on a A) magazine. B) tablet computer. C) piece of clothing. D) car.

Business

1 answer:

weeeeeb [17]3 years ago

7 0

Answer:

Explanation:

A change in price leads to two effects :

The income effect
The substitution effect

The income effect is the change in quantity demanded as a result of a change in real income which affects the consumes purchasing power.

A car constitutes a very large part of a consumers expenditure due to its cost. Thus, the income effect for a car would be the largest

The substitution effect is the change in demand as a result of change in the price of the good compared to the price of another substitute good.

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A group of newly recruited employees were bullied by senior members of the facilities team. Jodie, one the team members who witn

ch4aika [34]

Answer:

B) Upward communication

Explanation:

Upward communication defines that the employees follow hierarchy from downward to upward which means a lower employee to a higher. For example Worker to supervisor and supervisor to Manager. Upward communication is the most effective source in every organization as traditional forms of communication increasingly become less common.

Therefore as per the situation, Senior members of the facilities team had intimidated a group of newly hired workers. Jodie, one of the team members who observed the event, wrote a letter detailing the harassment incident to her division manager. In this case, Jodie is engaging in upward communication.

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4 years ago

Wechsler Company uses the aging of accounts receivable method. The company performed an aging of accounts receivable on December

snow_lady [41]

Answer:

The amount of accounts receivable Net = 512000

so correct option is b. $512,000

Explanation:

given data

Accounts receivable = $605,000

Doubtful Accounts = $84,000

Accounts Receivable = $93,000

to find out

amount of Accounts Receivable, Net that will be reported on the balance sheet

solution

we know bad debt expense is difference between 93,000 and 84,000 i.e 9000

so new balance of Allowance for doubtful debts = 93,000

so we can say The amount of accounts receivable Net is

The amount of accounts receivable Net = 605,000 - 93,000

The amount of accounts receivable Net = 512000

so correct option is b. $512,000

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3 years ago

What sort of questions would a Turing test ask and what are some responses to each

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3 years ago

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Answer:

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3 years ago

Read 2 more answers

Refer to Scenario 15-2. Which of the following statements is most likely to be true? (i) New entrants to the market know they wi

prohojiy [21]

Answer: (i), (iii) and (iv)

Explanation:

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3 years ago