Answer:
The answer is: a change in the price at which a substitute good is sold
Explanation:
A shift in supply means a change in the quantity supplied at every price.
Let's assume we sell product A. If the price of a substitute product B increases, then the quantity demanded for product A will increase as the quantity demanded for product B decreases. That will cause an increase in the quantity supplied of product A, which may in turn rise the price of product A until again both products (A and B) match their prices.
Instead, a shift in the supply curve means that the quantity supplied of a product will change at every price level.
Answer:
Answer is Option 2: Life insurance proceeds received after the death of a spouse.
Explanation:
Life insurance proceeds are generally not taxable. They are paid after insurer's death. It would only be taxable if the policy was given to the spouse for a price. Even if proceeds are paid under accidental policy or health insurance policy, they are not taxable. Proceeds are always paid as a lump sum amount and not in installments.
Other given options, 1, 3 and 4 like reimbursement for medical expenses, taxable portion of a disaster relief payment and dividends exceeding net premiums paid are taxable.
Answer:
The correct answer is the interdependence of firms.
Explanation:
An oligopoly market is a market structure where there are a few firms. these firms are interdependent. Price and output decisions of a firm affect its rivals. An oligopoly firm faces a downward-sloping demand curve.
In other market structures like monopolistic or perfect competition, the firms are not interdependent.
Answer:
D) demographic information
Explanation:
Geographical information is a variable that includes where customers live.
Psychographic information is a variable that includes the consumers' beliefs, values and motivations.
I hope my answer helps you
Answer:
2.18%
Explanation:
Effective interest rate = (1+i/m)^n - 1
i is stated as interest rate
m is the compounding frequency
Here, the compounding is quarterly and the effective interest rate is 8%
Since one year is equal to 4 quarter, the value of m is equals to 4
Effective interest rate = (1 + i/4)^4 - 1
9% = (1 + i/4)^4 - 1
0.09 + 1 = (1 + i/4)^4
(1.09)^1/4 = 1 + i/4
1 + i/4 = 1.02178
i/4 = 1.02178 - 1
i/4 = 0.2178
i/4 = 2.18%
