Answer:D) backward bending.
Explanation: Engel Curve is a curve developed based on the study on households expenditures and income by a German Statistical expert named Ernst Engel in the year 1857.
An Engel curve shows the relationship between demand for a good (on the horizontal or x-axis) and income level (on the vertical or y-axis). A normal good has a positive slope of curve is Positive,but if the slope of the curve is negative, the good is an inferior good.
THE CURVE FOR JOYCE AND LARRY AFTER THEY REDUCED THEIR HOME IMPROVEMENT SPENDING WILL HAVE A BACKWARD BENDING.
Answer:
Option a (5000) is the appropriate answer.
Explanation:
Given values are:
Current assets,
= $10,000
Current liabilities,
= $5,000
Now,
The working capital will be:
= 
By substituting the values, we get
= 
= 
Answer:
convenience store
Explanation:
Convenience store is basically a small shop that usually works as small retail shop that keeps every item of daily use and is easily reachable.
The items kept in stock here include coffee, groceries, snack foods, mil and dairy products, stationary etc.
Since it is convenient for people to buy every day product from these shops it is called as Convenience store
Answer:
See below
Explanation:
The percentage allocated to each socially responsible action
1. pollution control
Pollution control has been allocated is $37,000
As a percentage
= $37,000/$750,000 x 100
=0.0493333 x 100
=4.933%
2. Community project
community project has been allocated $22,500
As a percentage
= 22,500/750,000 x 100
=0.03 x 100
=3%
3. Employee fitness
The amount allocated to employee fitness is $7500
As a percentage
=$7500/$750,000 x 100
=0/01 x 100
=1%
4. The total amount spent is
=, $37,000 +$22,500 +$7,500.
=$67,000
