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3 years ago

How would you do this question ??

Business

1 answer:

insens350 [35]3 years ago

5 0

Answer:

You would want to divide the $4.00 among the other things you would want to buy. If it goes over the limit then you would want to swap that out with something cheaper. I hope this helps!

Explanation:

You might be interested in

A 10 percent increase in income leads to a 15% decrease in the quantity of macaroni and cheese demanded but no change in the pri

nalin [4]

Answer:

Here the correct answer is C)

Explanation:

Inferior goods can be described as those goods whose demands decreases , when the income of the customers increases. These goods are related to negative income elasticity, they have inverse relationship with price.

Price elasticity of supply is infinite means that there will be change in the price and goods would be supplied at one or same price only. The graph of this price elasticity of supply would be horizontal.

In the given above question it is quite clear that macaroni and cheese are inferior goods and their price elasticity of supply is infinite ( means they will be supplied at same or one price ).

8 0

4 years ago

Read 2 more answers

How can relationship marketing benefit a company

Elina [12.6K]

Here are some answers to how can a relationship marketing benefit a company

-Loyal customers will help expand your business by recommending your business to friends and family.

-Loyal customers are more willing to try your new products, because they trust you.

Loyal customers will help expand your business by recommending your business to friends and family.

7 0

3 years ago

Lopez Corporation incurred the following costs while manufacturing its product.

aev [14]

Answer:

a. $352,200

b. $372,100

Explanation:

The cost of goods manufactured

Consider only the manufacturing costs

Cost of goods manufactured = $122,200 + $69,200 + $17,600 + $113,100 + $34,000 + $13,300 - $17,200

=$352,200

Cost of goods sold

Add Cost of goods manufactured to the net of Finished inventory balance

Cost of goods sold = $47,900 $68,800 + $352,200 - $47,900

= $372,100

6 0

3 years ago

A stock has a beta of 1.28, the expected return on the market is 12 percent, and the risk-free rate is 4.5 percent. What must th

monitta

Answer:

The expected return=17.78 percent

Explanation:

Step 1: Determine risk free rate, beta and market risk premium

risk free rate=4.5%

beta=1.28

market risk premium/return on market=12%

Step 2: Express the formula for expected return

The expected return can be expressed as follows;

ER=RFR+(B×EMR)

where;

ER-expected return

RFR=risk free rate

B=beta

EMR=expected market return

replacing with the values in step 1;

ER=(4.5)+(1.28×12)

ER=4.5+13.28

ER=17.78

The expected return=17.78 percent

5 0

3 years ago

The required reserve ratio is 0.05. If the Federal Reserve buys $1,000,000 worth of bonds from a bond dealer who has her accoun

Radda [10]

Missing information:

total deposits in bank XYZ = $4,000,000

total reserves = $3,800,000

Answer:

the required reserve = $250,000

excess reserves = $4,550,000

Explanation:

required reserve ratio = 5%

the Fed buys $1,000,000 worth of bonds

the $1,000,000 are deposited entirely in bank XYZ

total checkable deposits will increase to $5,000,000

the required reserve = $5,000,000 x 5% = $250,000

excess reserves = total checkable deposits - total loans - required reserves = $5,000,000 - $200,000 - $250,000 = $4,550,000

5 0

3 years ago