Answer:
The income effect and substitution effect work in opposite directions and income effect is dominant.
Explanation:
In case of a normal good, both the income effect as well as substitution effect work in the same direction. A fall in the price of a product will increase the purchasing power of the consumer so its quantity demanded will increase.
The consumers will also prefer the cheaper good so the substitution effect will cause the quantity demanded to increase.
In case of an inferior good, however, income elasticity is negative. The income effect and substitution effect work in opposite directions.
A price decrease in the case of an inferior good will increase the real income and purchasing power of the consumer. This will cause the quantity demanded of the inferior good to decline as the consumer will prefer a substitute normal good.
A change from straight-line depreciation to double-declining-balance depreciation would be reported as a restatement of the prior period statements only.
The term depreciation refers to an accounting technique used to spread the cost of a tangible or physical asset over its useful life. Depreciation indicates how much of an asset's value has been used. It allows companies to generate income from the assets they own by making payments over a period of time.
Depreciation expense is apportioned to charge a reasonable portion of the depreciation amount for each accounting period over the expected useful life of the asset. Depreciation includes the depreciation of assets with a predetermined useful life.
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Answer:
C. hassle
Explanation:
It is a genuine nuisance having to commute longer than what you are used to. However, Jenn's issue cannot be defined as a true stressor, as it is something she would probably get used to in the long run.
On the other hand, real stressors would refer to work and workplace issues per se. For example, a <em>negative stressor</em> can be a long-term inability to avoid conflict with managers, which is directly influencing job stability and our feeling of economic safety. On the other hand, a <em>positive stressor</em> (or eustress) refers to the positive excitement related to events we are looking forward to, for example, our promotion.
<em>Strong stressors</em> and <em>crises</em> are related to exceptionally tough issues to overcome. For example, continuous burnout that makes us unable to cope with work is something a lot more serious than the hassle of a longer commute.
Answer:
A maquiladora is a factory that imports raw materials (usually benefiting from special tax regimes), processes them and manufactures goods that are exported to the company's home country. Maquiladoras benefit from low wages and are generally labor intensive industries.
E.g. many maquiladoras work in the textile industry, where they import all the materials they need, and then they manufacture clothes which are exported to other countries.