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mafiozo [28]
3 years ago
11

How are you guys today?

Business
1 answer:
lianna [129]3 years ago
3 0

Answer:

alright... i guess

Explanation:

(:(

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For most normal goods the income effect and the substitution effect work in the same direction; so when the price of a good fall
bezimeni [28]

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.

8 0
3 years ago
The premiums paid by the employer in a business life insurance policy are
Tema [17]
<span>A life or health insurance policy is owned by an employee, but the premiums are paid by the employer: o The premiums are treated as taxable income to the employee. o The employer may deduct the premiums against business income as long as the premiums are a reasonable business expense.</span>
3 0
3 years ago
Japanese auto manufacturers, such as Toyota and Nissan, have invested billions of dollars in the United States by building new f
kotykmax [81]

The given statement " Japanese auto manufacturers, such as Toyota and Nissan, have invested billions of dollars in the United States by building new factories, warehouses, and offices. These investments increase favorably the balance of payments for the United States " is TRUE.

Explanation:

Last year, Japanese importers and vehicular produced at Japanese production sites in the USA have allowed Japanese firms to establish state-of - the-art factories in the US. Like , a mid-sized bus, with Toyota and Acura, Honda and Lexus, and Nissan with Infinity.

In this region, automotive industry involves many others, not just GM workers, who spend trillions of dollars throughout the economy of this nation. The latest US factories represent over $10 billion in spending in Renault, Toyota and Subaru, with facilities based in the United States.

6 0
3 years ago
Swifty Corporation has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports
Rudiy27

Answer:

37.00%

Explanation:

The computation of the weighted average contribution margin ratio is shown below:

Particulars                    Sporting Goods Sports Gear Total

Contribution Margin Ratio 30%                    50%  

Sales Mix - Weights         65%                     35%  

Weighted Contribution Margin 19.50% 17.50% 37.00%

We simply multiplied the contribution margin ratio with the sales mix weighted so that the weighted contribution margin ratio could come

7 0
4 years ago
Ajax Corp., an American company, owns a factory in China. Managers often report back to headquarters in the U.S. that Chinese go
Luden [163]

Answer:

The correct answer is bureaucratic.

Explanation:

Bureaucracy is the organization or structure that is characterized by centralized and decentralized procedures, division of responsibilities, work specialization, hierarchy and impersonal relationships. The term is used in sociology, in administrative science and, especially, in public administration. It could be defined as a set of techniques or methodologies arranged to learn or rationalize the external reality (to which it intends to control the central power) in order to know it and call it in a standardized or uniform way. A clear example of this characteristic of bureaucracies, particularly those of government, is the hiring and assignment or removal of personnel, that is, officials, according to explicit criteria and relevant to the performance of duties.

4 0
4 years ago
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