Type an I beside the items that are used for state income and an E for those that are state expenses.

In the market for beef, the price of a pound of beef falls Explain the effect of this event on the quantity of beef supplied and

Lera25 [3.4K]

Answer:

E. The quantity of beef supplied decreases and the supply of beef is unchanged.

Explanation:

In the market for beef, the price of a pound of beef falls. The effect is "the quantity of beef supplied decreases and the supply of beef is unchanged. The reason is that any price change of the product will not shift the demand or supply but changes the quantity supplied.

5 0

2 years ago

Fifteen married couples are at a dance lesson, but now only five men and five women are selected at random, then randomly paired

Tresset [83]

Answer:

( ¹⁵C₂ )² × 5! = 1082161080

Explanation:

Data provided in the question:

Number of married couples = 15

Therefore,

Number of males = 15

Number of females = 15

Now,

The number of possible dancing arrangements

= Probability of selecting males × Probability of selecting males × ways of arranging 5 pairs

= ¹⁵C₂ × ¹⁵C₂ × 5!

= ( ¹⁵C₂ )² × 5!

= $[\frac{15!}{5!\times(15-5)!}]^2$ × ( 5 × 4 × 3 × 2 × 1 )

= $[\frac{15\times14\times13\times12\times11\times10!}{5\times4\times3\times2\times1\times10!}]^2$ × ( 5 × 4 × 3 × 2 × 1 )

= $[\frac{360360}{120}]^2$ × 120

= 1082161080

6 0

3 years ago

Andrew initially worked with a travel website for few months and then became self-employed by starting a martial arts school, wh

Romashka [77]

Answer:

A. Volatility

Explanation:

Volatility refers to high level of fluctuations with little or no consistency. It also refers to the variation in an activity with no constancy.

In the given case, Andrew keeps on swapping jobs within a short duration of time, and in varied fields of little similarity. This conveys a high degree of volatility in Andrew's work habits since he is unable to stick to one job or a field of job.

The changes in his employment structure reveal a pattern of high level of deviations, fluctuations referred to as Volatility.

5 0

2 years ago

Many gas stations with convenience stores sell gas at, or close to, cost. In these organizations, profit comes from the convenie

OLga [1]

Answer: build traffic.

Explanation:

The pricing model employed by such gas stations is built in a way to drive traffic. traffic is important and has an impact in many ways 1. low traffic can bog your business down at some level.

2. When you increase your traffic along with the quality of the visitors, the better you will be able to increase your sales.

traffic in this context refers to customers the more you are able to pull customers over the more sales you make.

4 0

3 years ago

Drag the tiles to the correct boxes to complete the pairs. Match the components of an income statement with their description.

Korolek [52]

Answer:

see below

Explanation:

1. COGS

Expenses incurred for manufacturing or obtaining the products and materials sold during a given period.

COGS are the direct expenses in the production process. They include labor, materials, and direct overheads.

2. Gross profit

Balance arrived at after deducting the expenses incurred on the goods sold from the revenue earned by selling the goods.

The revenues must exceed the expenses for a business to realize a gross profit. Otherwise, it will be a loss.

3. Operating expenses

Expenses that a business incurs to carry out its daily operations. They are the indirect cost of production. Examples include insurance, administrative, and security costs.

4. Selling expenses

Money spent on advertising, traveling, and promotions. These are the costs incurred in the selling process.

5 0

2 years ago