<span>Grapes are a(n) "normal good" with an income elasticity of demand of "0.8". A normal good is a good for which an increase in income results in increased demand, while decreased income results in decreased demand. Thus, we know that the first blank is "normal good" by the definition of a normal good becuase median income fell and demand for grapes fell. The X elasticity of demand is given by (%change in Demand)/(%change in X), where x is any economic variable (income in this case). Thus, to find the elasticity, we divide 12% by 15%. 12%/15%=.08.</span>
Answer:
yes of course
Explanation:
you need to have some ides of what you wanna do if youre choosing a career
Answer:
Competitive supply market, substitution is possible, price per unit is important.
Explanation:
A portfolio variance is used to determine the overall risk or dispersion of returns of a portfolio and it is the square of the standard deviation associated with the particular portfolio.
The portfolio variance is given by the equation;
Where;
= the weight of the nth security.
= the variance of the nth security.
= the covariance of the two security.
In the portfolio matrix, characteristics of goods and services in the leverage quadrant are competitive supply market, substitution is possible, price per unit is important. Thus, the leverage quadrant represents a significant part of expenditures and are really important for a business.
<span>One potentially effective step in closing the pay gap that women can take immediately is to speak up, ask for more money in a form of a raise. There has always been talk and truth behind why men get paid more for doing the same job that a woman is. Unfortunately, in most companies this is truth. Women know this but accept the pay they are given, if they wish to see change, ask for change. </span>
Answer:
Part 1:
Account Debit Credit
Salary Expense $9,000
Salary Payable $9,000
Part 2:
Account Debit Credit
Salary Expense $12,000
Salary Payable $12,000
Explanation:
Part 1:
Wednesday (3rd day of the week)
Salary of week =$15,000
Salary of each day=$15,000/5
Salary of each day=$3,000
Salary on Wednesday=$3,000*3
Salary on Wednesday=$9,000
Journal Entry:
Account Debit Credit
Salary Expense $9,000
Salary Payable $9,000
Part 2:
Salary of week =$15,000
Salary of each day=$15,000/5
Salary of each day=$3,000
Salary on Wednesday=$3,000*4
Salary on Wednesday=$12,000
Journal Entry:
Account Debit Credit
Salary Expense $12,000
Salary Payable $12,000