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Sonja [21]
3 years ago
11

Think about the life cycle (i.e., Introduction, Growth, Shakeout, Maturity and Decline) of the electric vehicle industry. What s

tage of the life cycle is the electric vehicle industry?
Business
1 answer:
neonofarm [45]3 years ago
8 0
It’s in growth stage.
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What effect will each of the following have on the demand for small automobiles such as the Mini-Cooper and Fiat 500?A. Small au
mylen [45]

Answer: The explanation are as follows:

Explanation:

(A) If small automobiles become more fashionable then this will attract the consumers attention towards small automobiles. So, this will increase the demand for the small automobiles.

(B) If the price of large automobiles rises and the price of small automobiles remains the same. They both are substitute goods. So, the demand for small automobiles increases as the price of its substitute goods increases.

(C) If small automobiles are inferior good and there is reduction in the income of consumers. This will increase the demand for small automobiles as the income of the consumers decreases.

(D) If consumers anticipate that the price of small autos will greatly come down in the near future then they stop buying small automobiles today. So, the demand for small automobiles decreases because consumers waiting for the lower price in the near future.

(E) Gasoline and small automobiles are complementary goods, therefore, if the price of gasoline substantially drops, as a result demand for small automobiles increases.

4 0
3 years ago
Crane, Inc. had net sales in 2020 of $1,488,400. At December 31, 2020, before adjusting entries, the balances in selected accoun
Arte-miy333 [17]

Answer:

Explanation:

The journal entry to record the bad debt expense is shown below:

Bad debt expense A/c Dr  $11,181

  To Allowance for doubtful debts  $11,181

(Being bad debt expense is recorded)

The computation of the bad debt expense is shown below:

= (Accounts receivable × estimated percentage given ) - (credit balance of Allowance for Doubtful Accounts)

= ($206,300 × 7%) -  ($3,260)

= $14,441 - $3,260

= $11,181

4 0
3 years ago
Suppose your newspaper is trying to decide between two competing desktop publishing software packages, Macro Publish and Turbo P
Vlad1618 [11]

Answer: 11.722

Explanation:

Two competing desktop publishing packages ; Macro publish and Turbo publish

If x and y copies of Macro publish and Turbo publish are purchased respectively ;

Daily Productitvity equals ;

U(x, y) = 6(x^0.9) (y^0.4) + x

where U(x, y) is measured in pages per day U is called a utility function

If x = y = 10

U(x, y) = 6(x^0.9) (y^0.4) + x

Therefore,

U(10,10) = 6(10^0.9) (10^0.4) + 10

U(10,10) = 119.716 + 10 = 129.716

The effect of increasing x by one unit results in

x = 11, y = 10

U(x, y) = 6(x^0.9) (y^0.4) + x

Therefore,

U(11,10) = 6(11^0.9) (10^0.4) + x

U(11,10) = 130.438 + 11 = 141.438

Productivity increase of approximately U(11,10) - U(10,10) = (141.438 - 129.716)

= 11.722 pages

3 0
3 years ago
3. The study of economics is best described as a study of...
laila [671]

D. coping with scarcity, and choices made as a result of scarcity in a society.

<h2>Economics</h2>
  • Economics is a social science that studies how products and services are produced, distributed, and consumed.
  • It investigates how individuals, businesses, governments, and nations make resource allocation decisions.
  • The study of economics is best described as a study of D. coping with scarcity, and choices made as a result of scarcity in a society.

For more information:

brainly.com/question/17408105?referrer=searchResults

3 0
2 years ago
Read 2 more answers
Assume you win the lottery and have a choice to receive your winnings one of two ways. Option 1: Payments of $50,000 per year fo
mojhsa [17]

Answer:

Option D is correct.

Explanation:

In the option 1 we receive $250,000 but in the second option we receive total amount that is $200,000. But their is an issue which is time value money. If the inflation is lower then it is possible we receive higher value in real terms. If we have an opportunity to invest in a project or company with required return provided then it would be the best option to invest in. Overall option D is correct because the level of question is High School.f

7 0
3 years ago
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