1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ede4ka [16]
2 years ago
6

When Matt has an income of $2,000, he consumes 30 units of good A and 50 units of good B. After Matt's income increases to $3,00

0, he consumes 25 units of good A and 95 units of good B. Which of the following statements is correct?
a. Both goods A and B are normal goods.
b. Both goods A and B are inferior goods.
c. Good A is a normal good, and good B is an inferior good.
d. Good A is an inferior good, and good B is a normal good.
Business
1 answer:
liubo4ka [24]2 years ago
7 0

Answer:

onoooooo seeeeeeeeeeeeeeeeeeeeeeeeeeeeee

You might be interested in
Suppose a competitive market is comprised of first that face identical cost curves. The firms experience an increase in demand t
umka2103 [35]

Answer:

i. New firms will enter the market

iii. In the long run, all firms will be producing at their efficient scale

Explanation:

In the competitive market barriers to entry will be low as there is no monopoly. The firms in the market are experiencing increased profitability as a result of increased demand so the market will be attractive for new firms. This will result in new firms entering into the market. In the short run.

In the long run as more firms enter the market, the firm's will need to produce at efficient scales because of high competition, with the aim of minimising cost.

6 0
3 years ago
Calloway department store buys jackets for $19.75 each and sells them for $37.88 each. what is the markup rate based on cost?
Svet_ta [14]

Answer : The markup rate based on cost is 91.79747%.

We have

Selling price per jacket = $37.88

Cost per jacket = $19.75

Markup rate =[\frac{Selling Price - Cost}{Cost}] * 100

Substituting the values in the formula above we get,

Markup rate = [\frac{37.88-19.75}{19.75}] *100

Markup rate = [\frac{18.13}{19.75}] *100

Markup rate = 91.79746835%

8 0
3 years ago
Where can university of arkansas students find information about volunteer opportunities?.
katovenus [111]

A student-run group called the Volunteer Action Center (VAC) connects University of Arkansas students with volunteer opportunities in the Northwest Arkansas neighborhood. A student leadership board and regular student volunteers make up the VAC.

What is Volunteer Action Center (VAC)?

The region's non-profit volunteer resource center, Our Health's Volunteer Action Center (VAC), collaborates with neighborhood non-profit and public service organizations to fulfill volunteer needs. The Volunteer Action Center connects, mobilizes, engages, and supports volunteers as a convener and a catalyst for action.

Why do volunteer organizations fail?

Volunteer groups frequently fail because there is a mismatch between people's motivation to volunteer and how the organization handles its base of supporters. People volunteer to support a cause, give back to the community, or just to feel more socially connected.

Learn more about Volunteering: brainly.com/question/11629937

#SPJ4

5 0
2 years ago
The qualitative characteristics that make accounting information useful for deci sion-making purposes are as follows. Relevance
Korvikt [17]

Answer:

a) Comparability

b) Confirmatory Value

c) Comparability (Consistency)

d) Neutrality

e) Verifiability

f) Relevance

g) comparability, timeliness, verifiability, understand-ability

h) Materiality

i) faithful representation

j) Relevance, faithful representation

k) timeliness

Explanation:

Comparability provides for information to be comparable with businesses in same industry, or with its own past performances.

Confirmatory Value is the value that was initially expected and turns out to be the same as expected, as for example sales forecast.

Consistency refers to the value where same methods are applied in order to keep the reports consistent.

Neutrality refers to the quality of information where it does not depend on some particular situation and is not biased in any manner.

Verifiability refers to the information which is verifiable that means that can be checked again whether the presented information is correct or not.

Relevance refers to the quality of being important, whether at that particular time the information is relevant for the concerned argument.

Timeliness refers to the quality of  information that is prepared and presented at the concerned time. As for example the financial statements of the year 2010 shall be prepared by the end of 2010, additional time if any is allowed that shall be given but accounts  shall be prepared in the additional time allowed.

Understand ability refers to the quality of information that it shall be easily interpreted to the desired results and should be easy to understand.

Materiality refers to the quality of information that will make an impact, if the information do not make any impact it shall not be material.

Faithful representation refers to the quality that the information is true and not false in any intentional manner.

7 0
3 years ago
The list of 5Ss, although it looks like a housekeeping directive, supports lean production by:
xenn [34]

Answer:

A) identifying non-value items and removing them, in the "sort/segregate" category.

5 0
3 years ago
Other questions:
  • A supplier has contracted to deliver halloween costumes to a party supply store by october 15th. however, due to a natural disas
    6·1 answer
  • Scarcity is the most basic problem in economics true or false
    12·2 answers
  • Mary exchanged an office building used in her business for some land. Mary originally purchased the building for $45,000, and it
    9·1 answer
  • Assume the M&M with corporate taxes. The corporate tax rate is 40%. Your firm is currently unlevered with 100% equity. As of
    9·1 answer
  • One of the greatest challenges in strategic management is gaining proper alignment among mission, SWOT analysis, and good strate
    8·1 answer
  • The interest rate is 15.5 percent a year in Indonesia and 1.7 percent in a year in Hong Kong. The inflation rate is 12.6 percent
    11·1 answer
  • Which of the following statements is normative? Group of answer choices Congress gives certain business corporations tax breaks.
    15·1 answer
  • g A producer of beverages and snack foods wants to market its products to the 18-to34-year-old demographic by providing incentiv
    15·1 answer
  • • The Vice President of Customer Service has expressed concern over a project in which you are involved. His specific concern is
    11·1 answer
  • If the fed undertakes expansionary monetary policy, it can return the economy to its original unemployment rate but the inflatio
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!