Answer:substitution
Explanation:The substitution bias is a weakness in the Consumer Price Index that overstates inflation because it does not account for the substitution effect, when consumers choose to substitute one good for another after its price becomes cheaper than the good they normally buy.
when the price of a product in the consumer basket increases substantially, consumers tend to substitute lower-priced alternatives.
Answer:
1. Form 8-K : A unique or significant happening.
2. Form 10-K: Annual information required by Regulation S-X.
3. Form 8-K: Changes in control of the registrant.
4. Form 10-Q: Interim financial statements.
5. Not required: Fourth quarter income statement.
6. Form 8-K: Bankruptcy.
7. Form 10-K: Annual information required by Regulation S-K.
8. Form 10-Q: Income statement for the current quarter, year-to-date, and comparative periods in the previous year.
9. Not required: Changes in bookkeeping staff.
10. Form 8-K: Changes in the registrant's independent auditor.
Explanation:
The SEC, an acronym for Securities and Exchange Commission was created under the Securities Exchange Act of 1934. The Act empowered the SEC to require registration of securities, security exchanges, and reporting by publicly owned firms.
Some of the forms to be filled as required by the United States of America, Securities and Exchange Commission (SEC) includes;
1. Form 10-K.
2. Form 10-Q.
3. Form 8-K.
free trade is trade that governments do not interfere with. Governments can impose trade restrictions and tariffs on trade that might inhibit two parties from being able to trade freely.
Answer:
D) The extra energy benefits Patrick gets from another can are no longer worth the cost. MB/MC (S)
Explanation:
The optimal quantity for Patrick to consume is 5 cans of GreenCow.
This is the quantity where MARGINAL BENEFIT EQUALS MARGINAL COST. For all quantities up to the 5th, the marginal benefit is higher than the marginal cost. This means that Patrick's net benefit is increasing, and consuming all units up to this point make him better off.
If Patrick were to consume any more than 5 cans of GreenCow, the cost of each additional can would be higher than the additional benefit (because the marginal cost curve is higher than the marginal benefit curve). Consuming any cans beyond the 5th, therefore, makes him worse off.
The tax refund that Lily can expect to get back from the tax authorities will be $15.80.
<h3>What is a tax?</h3>
A tax simply means the compulsory levy that's paid by the people and companies to the government.
In this case, the tax refund that Lily can expect back will be:
= 7.65% × $206
= $15.80
In conclusion, the correct option is $15.80.
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