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Solnce55 [7]
3 years ago
15

The positive relationship between price and quantity supplied, other things being equal, is considered to be:________

Business
1 answer:
Bas_tet [7]3 years ago
4 0

Answer:

The answer is D.

Explanation:

The correct answer is D. universally true for all markets

Other things being equal, as the price of goods and services increase, producers/firms tend to produce more(this is the popular law od supply) inorder to take advantage of the high revenue.

Unlike demand, for supply, price and quantity supplied are directly related.

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Jermaine owns a rental home in Lake Tahoe and traveled there from his home in San Francisco for maintenance and repairs three ti
liraira [26]

Answer:

No answer is correct.

If we use the values set by the IRS for 2019, the total travel costs deduction = $290.58.

If we use the 2018 value, the total travel costs deduction = $273.05

Explanation:

The new mileage reduction set by the IRS for 2019 is 58 cents (up from 54.5 cents) per mile. Since Jermaine had to travel 3 times during the year and drove for 167 miles, his total deduction should be:

  • total travel costs deduction = 3 x 167 x $0.58 = $290.58

If we use the 2018 deduction rates, Jermaine's total travel deduction will be:

  • total travel costs deduction = 3 x 167 x $0.545 = $273.05

3 0
3 years ago
Fraser Company had $130,000 in sales on account last year. The beginning accounts receivable balance was $10,000 and the ending
Musya8 [376]

Answer:

The company's accounts receivable turnover was closest to 10.83 times

Explanation:

The accounts receivable turnover is an efficiency ratio that measures how many times a company can collect its receivables or money owed by clients during the year.

Accounts receivable turnover is calculated by following formula:

Accounts Receivable Turnover = Net Credit Sales /Average Accounts Receivable

In there:

Average Accounts Receivable = (The beginning accounts receivable of the period balance + The ending accounts receivable of the period balance)/2

In Fraser Company:

Average Accounts Receivable = ($10,000 + $14,000)/2 = $12,000

Accounts Receivable Turnover = $130,000/$12,000 = 10.83 times

6 0
3 years ago
What is true regarding local government budgets? (Select all that apply) Large portions of local budgets support elementary educ
Flauer [41]

Answer:

All that is true regarding local government budgets:

Large portions of local budgets support elementary education.

Revenue comes from intergovernmental payments.

Expenditures include police and fire departments.

Explanation:

Local government budgets in the U.S.A. are detailed financial, operational, and policy documents that give details about the services being rendered by the local government.  They specify who gets what services, how much of the services, and who pays for the services.

Local government budgets are done at three main levels, depending on the state.  The levels are the city, town, and county levels.  These levels of government are headed by the mayor, CEO or manager, either appointed or elected, again depending on the state, with power balanced by the legislature, which is always elected.  There are also budgets for specialized projects and purposes.

Funding for local government budgets generally comes from taxes and levies, with support from the state and federal governments.

4 0
3 years ago
Kenny is a college student working a part-time job as a mechanic at a local body shop Kenny earns an average of $25 per hour, wo
Natalka [10]

Kenny's net annual pay is $22,800.

Kenny's net monthly pay is $1900.

<h3>What is Kenny's net annual pay?</h3>

Kenny's net annual pay is her gross pay less any deductions such as insurance and taxes.

Kenny's net annual pay = gross pay - health insurance - taxes

Gross pay = $25 x 20 x 52 = $26,000

Kenny's net annual pay = $26,000 - $2200 - $1000 = $22,800

Kenny's net monthly pay = $22,800 / 12 = $1,900

To learn more about taxes, please check: brainly.com/question/25311567

6 0
2 years ago
What is the importance of timely leadership action and communication in shaping group culture?
Dmitry [639]

Answer:

Timely leadership and communication are important in shaping group culture.

Explanation:

Communication is important in building a culture it helps leader and pioneers to build up a culture of trust and can without much of a stretch form relationship with workers and different business channels that encourage associations to develop. Timely leadership and communication are two important pillars, that can work together to start a culture that will help an organisation to grow. Interaction with employees, starting group conversations and meetings can help employees to gain confidence, that will lead to a health group culture within an organisation.

8 0
3 years ago
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