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3 years ago

What is a determinant of demand that would cause demand to increase?

Business

1 answer:

Sladkaya [172]3 years ago

5 0

Answer:

Increase in income

Increase in price of substitutes

Change in taste

Explanation:

If income increases, the demand for a good rises as the amount of disposable income increases,

A substitute good is a good that can be used in place of another good. e.g. pen and pencils. If the price of a substitute (e.g. pens) increases, it becomes more expensive. Consumers would shift to the demanding pencils. As a result the demand for pencils would increase

A change in taste. For example, if an individual prefers pencils to pens. he would demand more of pencils and less of pend. As a result, the demand for pencils would increase

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The following information is available for Amos Company for the year ended December 31, 2017. Balance of retained earnings, Dece

kvv77 [185]

Answer:

The retained earnings of Amos company for the year ended 31st December 2017 is $1,016,400.00

Explanation:

In calculating retained earnings for 2017, I began with prior year retained earnings of $866,000,deducted depreciation net of taxes not recorded previously.

After,having adjusted retained earnings for prior year, I added net income for the year 2017 of $216,000

Finally,I deducted dividends paid during 2017 of $25000 to arrive at closing retained earnings for 2017 as shown in the attached.

Download xlsx

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3 years ago

Abe owns a dog; the dog's barking annoys Abe's neighbor, Jenny. Suppose that the benefit of owning the dog is worth $200 to Abe

Yuki888 [10]

Answer: C - Jenny pays Abe $300 to give the dog to his parents who live on an isolated farm.

Explanation: Since the benefit of owning the dog is worth $200 to Abe and Jenny is willing to pay him $300 to send the dog to his parents who lives on an isolated farm. Abe stand to gain an extra $100 above his initial benefit of keeping the dog for $200.

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3 years ago

The yield on a taxable money market mutual fund earning 3.0 percent is equivalent to a ____ percent yield on a tax-exempt money

Nezavi [6.7K]

<span>In order to calculate the yield after taxes to compare it to a tax-exempt money market fund we will need to subtract the taxes from the yield. The yield is 0.03 and taxes on that are 0.28. If you multiply those two you get 0.0084. If you subtract this from 0.03 you get 0.0216 which is equal to 2.16%.</span>

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3 years ago

Brenda Kraft has proven herself to be an able manager. Her section has a high project completion rate with the highest-quality p

Alik [6]

Answer:

Letter d is correct. An effective manager

Explanation:

Efficiency and effectiveness are two different concepts. A manager can be efficient and not effective, because efficiency is the conditions that will lead to effectiveness, which are the goals achieved. In Brenda's case, she was an effective manager because her section has a high project completion rate with the highest quality product and the lowest defects in her division.

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3 years ago

Clare purchases a single product for $15 and sells it for $30. Forecasted sales for the next three months are July 4,000 units,

anastassius [24]

Answer:

Budgeted purchases in units for August are 6600 units

Explanation:

The budgeted purchases in units for August under the policy followed by the company will be as follows.

The units required to meet August sales are 6000 units.

The opening inventory in August will be 40% of August sales that is 0.4 * 6000 = 2400 units

Thus, the units need to be purchased in August to meet August sales = 6000 - 2400 = 3600 units

In August, we also need to purchase enough units to cover 40% of September sales. Units needed in August for September sales = 0.4 * 7500 = 3000 Units

Purchases in August = Purchases required to meet August sales - Purchases required to meet the desired ending inventory

Purchases in August = 3600 + 3000 = 6600 units

5 0

3 years ago