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
Sloan [31]
3 years ago
8

Suggest the appropriate functional forms for the relationships between the following variables, and explain your reasoning, keep

ing in mind the economic theory behind the various relationships:
a. The number of books a person owns as a function of the person's income
b. The amount of money a person spends on books as a function of the person's income
c. The price of a car as a function of the year it was made
d. The price of a pound of chicken as a function of the price of a pound of beef
Business
1 answer:
Evgesh-ka [11]3 years ago
5 0

Answer:

B is you answer

Explanation:

You might be interested in
Conducting business on a global scale is a part of ________?
julia-pushkina [17]
Conducting business on a global scale is a part of GLOBALIZATION.

Globalization is a process of interaction of individuals, companies, and government all over the globe for the purpose of conducting business relations with the help of information technology.
4 0
3 years ago
2. Now, find out what type of business it actually is. If you chose a small business, it is likely to be a sole proprietorship o
inessss [21]
Аоуздсьалкшмвжужсьмлмадщалаалаллвлвшашаклклкл :) шазлвовшуьыла лвждуыон вол о о лашащущвщудулшвлсшылылышыйьйвашшша
8 0
3 years ago
In the role of a cultural steward, an HR manager primarily:A. administers day-to-day work of managing people.B. facilitates an o
statuscvo [17]

Answer:

(B) facilitates an organization’s culture and helps to build and strengthen or change that culture.

Explanation:

HR manager here refers to human resources manager, someone whose duties tend to revolve in the management and development of a company’s employees. There are many roles that an HR manager can take, from administrative expert (as described by option A), business partner (as described  by option D & E), and of course, a cultural steward.  

3 0
3 years ago
A pencil manufacturer is in a perfectly competitive market. The firm can sell as much as it wants at a price of $1.50 per pencil
Ierofanga [76]

Answer:

d. Continue production in the short run, but exit the business in the long run unless prices are expected to rise or costs to fall..

Explanation:

Currently, their sales revenue less variable cost is positive as it can sale at $1.50 dollars and the variables cost are less than that. Therefore, there are fixed cost thefirm can pay because it produce.

Now, in the long-run when the firm can exit the market it should consider to do so if it continues to get an average cost above the selling price.

3 0
3 years ago
A firm has a current price of $40 a share, an expected growth rate of 11 percent and expected dividend per share (D1) of $2. Giv
Xelga [282]

Answer:

d. 16% - buy

Explanation:

R = (D1 / P0) + g

Where, R=Expected Return, P0 = Current Market Price = $40, D1=Expected Dividend=$, g = Expected Growth Rate = 11% = 0.11

Expected Return = R = ($2/$40) + 11%

R = 0.05 + 0.11

R = 0.16

R = 16%

Expected Return is higher than the required return of 12%.  Hence, it should be bought (it is expected to give higher return than required)

7 0
3 years ago
Other questions:
  • Accounts receivable arising from sales to customers amounted to $40,000 and $55,000 at the beginning and end of the year, respec
    8·1 answer
  • The yurdone corporation wants to set up a private cemetery business. according to the cfo, barry m. deep, business is "looking u
    7·1 answer
  • Santa Fe Production sells a single product to wholesalers. The company's budget for the upcoming year revealed anticipated unit
    6·2 answers
  • Rhonda has an adjusted basis and an at-risk amount of $25,600 in a passive activity at the beginning of the year. She also has a
    14·1 answer
  • Barbara Crusher is a licensed CPA. During the first month of operations of her business (a sole proprietorship), the following e
    5·1 answer
  • 2<br>Find the odd one out Turnip, Arbi , Potato ​
    7·1 answer
  • Based on this income statement for Company ZYX for the year ending December 31, 2014, what adjustment would need to be made to N
    13·1 answer
  • Which of these is the BEST example of a person who is an entrepreneur?
    5·2 answers
  • The _____________ concept recognizes that organizations thrive from day to day by determining the current needs and wants of tar
    11·1 answer
  • If a company is pursuing a strategy to differentiate its branded footwear from the offerings of rival companies, its managers sh
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!