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Ksenya-84 [330]
2 years ago
12

Figure: Coffee and Ice Cream I) Kemala spends her income on ice cream and coffee, and coffee sells for $1 a cup. If ice cream se

lls for $1.50 per gallon, Kemala will purchase:
1 gallon.

2 gallons.

6 gallons.

8 gallons.

Business
1 answer:
creativ13 [48]2 years ago
4 0

Answer:

so it would be 2 gallons because ice cream and coffe

Explanation:

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Prepare adjusting journal entries, as needed, for the following items.
podryga [215]

Answer:

Explanation:

Journal Entry is the way to record transactions, i.e business transactions into the record of account which is called Journal Book. It involves the identification of those account present in the transaction,know the type of account, then with accounting rule, record the transaction.

CHECK THE ATTACHMENT FOR THE PREPARED JOURNAL

6 0
3 years ago
Suppose the price of rice increases and you view rice as an inferior good. The substitution effect results in a ________ change
notka56 [123]

Answer:

B. negative, positive

Explanation:

Substitution effect : Price rise of a good makes it relatively expensive, decreases its demand. Price fall of a good makes it relatively cheap, increases its demand.

So: Substitution Effect is always negative as per above explanation.

Income Effect : Price rise of a good decreases real income/ real purchasing power of consumer & reduces demand of all goods. Price fall increases real purchasing power & increases demand of all goods.

Income effect is positive in case of Normal Goods, normal good demand is positively related to income. The effect is negative in case of inferior goods, inferior good demand is negatively related to income.

Hence: Price rise of rice - Substitution effect results in negative change  in rice consumption.  {∵substitution effect always negative}

Income Effect leads to positive change in rice consumption {∵price rise reduces real income & income effect is negative for inferior goods}

5 0
3 years ago
Read 2 more answers
What are the key factors to launch a design business?
g100num [7]

Answer:

i think its help stay happy

3 0
2 years ago
7 pounds of raw material are required to make 1 finished unit. The company desires an ending raw materials inventory for each mo
timurjin [86]

Answer:

Instructions are below.

Explanation:

We weren't provided with enough information to answer the request. <u>But, I will give an example and formulas to guide an answer.</u>

<u>For example:</u>

Production in units:

May=20,000

June= 22,000

Beginning inventory of direct materials= 8,000

<u>To calculate the purchase for May, we need to use the following formula:</u>

Purchases= production + desired ending inventory - beginning inventory

Purchases= 20,000*7 + (22,000*7)*0.29 - 8,000

Purchases= 176,660 pounds

7 0
3 years ago
Observing children's needs and interests should affect the way you plan activities.
Leya [2.2K]
Answer is A, due to food allergies, but preferences CAN come into play. Allergies come first, though, along with medical issues.
8 0
3 years ago
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