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earnstyle [38]
3 years ago
5

Explain how consumer's income can affect the demand curve for normal goods?

Business
1 answer:
larisa [96]3 years ago
3 0
I think it is because it is very hard to do
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A local barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?
Tatiana [17]

A local barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?


To solve this question:

Take the 60 books received and divide them by the total 80 books they ordered.

60/80 = 75%


Barnes and Noble received 75% of the books they ordered so they are missing 25% of them.

7 0
3 years ago
Read 2 more answers
Two economists from Ohio University estimated that the demand curve for kerosene in Indonesia was such that a 10 percent increas
zmey [24]

Answer:

C) i and ii

Explanation:

Price elastic of demand (PED) of kerosene = 2.2% / 10% = 0.22 price inelastic demand

When two products are substitutes, an increase in the price of one of the products will not only reduce the quantity demanded of that product, but it will also increase the quantity demanded of its substitute products. In this case, an increase in the price of electricity, increases the quantity demanded for kerosene, which means that they are both substitute products.

5 0
3 years ago
QS 5-3 Merchandise accounts and computations LO C2 Kleiner Merchandising Company Accumulated depreciation $ 700 Beginning invent
irakobra [83]

Answer:

a.  $8,900

b.  $7,200

c.  $2,300

d.  $850

Explanation:

<u>Goods Available For Sale Calculation :</u>

Beginning inventory             5,000

Add Net Purchases               3,900

Goods Available For Sale     8,900

<u>Cost of Goods Sold Calculation :</u>

Goods Available For Sale     8,900

Less Ending Inventory          (1,700)

Cost of Goods Sold               7,200

<u>Gross Profit Calculation :</u>

Net Sales                               9,500

Less Cost of Goods Sold     (7,200)

Gross Profit                            2,300

<u>Net Income Calculation :</u>

Gross Profit                            2,300

Less Expenses                      (1,450)

Net Income                               850

6 0
3 years ago
Check my work Check My Work button is now disabledItem 5Item 5 6 points The aftertax cost of debt: Multiple Choice varies invers
DaniilM [7]

Answer: is highly dependent upon a company's tax rate.

Explanation:

The after-tax cost of debt is defined as the net cost of debt that is determined by adjusting the gross cost of debt incurred for its tax benefits. The after-tax cost of debt

equals the pre-tax cost of debt which is then multiplied by (1 – tax rate).

The after-tax cost of debt is the cost of debt which is included while calculating the weighted average cost of capital and it has a greater effect on the cost of capital of a firm when there's an increase in the debt-equity ratio.

7 0
3 years ago
Suppose Czech businessmen began purchasing American properties. How would this impact the foreign exchange market for the koruna
Yanka [14]

Answer:

B. Appreciate / Depreciate / Decrease

Explanation:

If the businessmen want to purchase some American Properties them will need to exchange the Koruna by the Dollar, it means Sell Koruna to buy dollar,which is,  increase the Koruna supply and increase the demand by dollars.

It exchange will appreciate the dollar value because of an increase in the Dollar demand as the supply keeps at the same level.

While the Czech Koruna will see its price decrease because of the increase in the supply of Koruna while the demand of Koruna keeps at the same level,

In the meantime, the American Export see their market negatively affected by the increase in the dollar price, as the dollar increase its value and will be more difficult to the Americens sell their products to the rest of the world, because others countries need more money for each dollar.

4 0
3 years ago
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