An average teenagers/ young adults net worth is $9,632
Answer:
$3,620
Explanation:
Accounts receivable at the beginning + recorded credit sales -accounts receivable written off -ending balance accounts receivable.
Therefore:
$690+$3,200-$100-$170 =$3,620
Answer:
The substitution effect will cause a decrease in the consumption of peanut butter and the income effect will cause an increase in the consumption of peanut butter.
Explanation:
Inferior goods are those whose demand drops as income increases. People tend to prefer other goods but are forced to use the inferior good because of income constraints.
If peanut butter is an inferior good and the price rises substitution effect will tend to cause a decrease in demand and consumption of peanut butter. This is because consumers will seek other alternatives.
Income effect acts in opposite direction to substitution effect, and will cause an increase in consumption of peanut butter.
The answer to your question is fiat money
Answer:
Option "b" is the correct answer to the following question.
Explanation:
This is the agreed price of the relevant material, commodity or tangible asset as negotiated by the consumer and the forward agreement dealer, to be payable in the future event at a fixed date.
In this situation, Before 4:00 P.M is the present price of mutual fund and after 4:00 P.M is the future price of the mutual fund.
