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ruslelena [56]
2 years ago
7

The price of orange juice falls from $2.49 a jug to $1.99 a jug. (1) Explain whether the demand curve for apple juice will shift

left, shift right, or if there is only movement along the demand curve for apple juice.
Business
1 answer:
love history [14]2 years ago
6 0

Answer:

there is only movement along the demand curve for apple juice.

Explanation:

The demand curve shows the graphical relationship between the price of a good or service and the quantity demanded at each point in time. It shows the quantity demanded at each price. There is an inverse relationship between price and quantity demanded,  as the price increases the quantity demanded reduces (but demand itself stays the same) while If the price decreases, quantity demanded increases.

The price of orange juice falls from $2.49 a jug to $1.99 a jug, the demand curve remains the same, but there is only movement along the demand curve for apple juice.

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If the best surgeon in town is also the best at cleaning swimming pools, then according to economic reasoning, this person shoul
dedylja [7]

Answer:

specialize in being a surgeon because its opportunity cost is lower.

Explanation:

Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.

Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.

Assuming the best surgeon in town is considered to be the best at cleaning swimming pools, then from an economic perspective and reasoning, this person should specialize in being a surgeon because its opportunity cost is lower.

This ultimately implies that, the benefits, profits or value associated with cleaning swimming pools i(alternative forgone) is lower compared to what is obtainable from being a surgeon.

4 0
3 years ago
It is generally agreed internationally that the one thing that can most readily undermine equity, efficiency and integrity in th
KiRa [710]

Answer:

Bribery

Explanation:

Bribery is an act of influencing someone's behavior to obtain an undue advantage through giving or receiving unearned rewards .It can be in the form of gifts , money , preferred treatment , and other form of favor , but what actually defines a bribe is the intention behind the gifts.

It  has a lot of negative effects either directly or indirectly on the public as it undermines equity , efficiency , integrity in the public service , undercut public confidence in markets , adds to transaction cost and effects the safety and well being of the general public .

3 0
3 years ago
Wyatt is a businessman. He often travels to different places for business purposes and spends money on hotel stays and get-toget
masha68 [24]

1) Always maintain a book for accounts or maintain an app regarding to track your expenses

2) keep an accountant to track his expenses

4 0
2 years ago
Read 2 more answers
Based on your reading of the following passage, to which listed careers do you think John might be suited? (Select all that appl
lesya [120]

Answer:

a seaman

a seaman

a rail yard worker

Explanation:

7 0
2 years ago
Paul and Karen Kent are married, and both are employed (Paul earned $44,000 and Karen earned $9,000 this year). Paul and Karen h
VashaNatasha [74]

Answer:

$760

Explanation:

The tax credit for child and dependent care expenses allows working taxpayers to discount up to 35% of care expenses. The exact percentage that you are allowed to deduct depends on your income:

  • if you earn up to $15,000, you can discount 35% of dependent care expenses of up to $3,000 per child.
  • the percentage decreases for every $2,000 of income (1% decrease per every $2,000), until your income reaches $43,000 where it remains at 20%.

The Kent's earned $53,000 during the year, so they can claim up to 20% of their children's care expenses = $3,800 x 20% = $760

8 0
3 years ago
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