Answer:
D) A doubling of the price of salt led to 5 percent drop in the quantity of salt purchased.
Explanation:
Law of supply in economics says that when the price increases the supply too increases if other factors is is constant.
Therefore, among the given options the only option that is consistent with the law of supply is "A doubling of the price of salt led to a 5 percent drop in the quantity of salt purchased"
Answer:
oD. being skilled at negotiating and bargaining with people
Answer:
It will initiate a trade war between countries.
Explanation:
When international rivals compete in the multi-country or global market, they usually show aggressive behaviour that initiates trade war between them and the countries. In order to compete in the market and to compete against each other, the rivals show aggressive behaviour in terms of profit and cost margins that helps the buyers to buy commodities of good quality and at low prices.
Answer:
$284,000
Explanation:
ABC Corporation
Consolidate Income Statement
For the year ended, 31 December, 20XX
Particulars ABC XYZ
Sales $500,000 320,000
Less: Expenses <u>$(280,000) $(240,000)</u>
Net Income $220,000 $80,000
Consolidated Income for the year under the proprietary theory approach for ABC corporation = $220,000 + (80,000 × 80%) = $220,000 + 64,000
= $284,000
According to the proprietary theory approach, the wholly-owned company will get the same percentage it owns the proportionate of that subsidiary company or companies.
There are 1560 ways
Explanation:
The toal number of restaurants are 8, out of which 3 serve seafood, and during the summer gateway, Jason decided to dine out at 4 multifarious restaurants.
Since, the order is significant, permutations is to be used.
Four restaurants can be chosen from the 8 restaurants in 
. In this case, "at least one" is complement of "fewer than one" (that is 0). Thus, four restaurants that are not serving seafood can be chosen from five restaurants in 
.
<u>Using complements principle to get the number of ways to get at least one of the restuarants serve seafood,</u>
= 1680-120
= 1560
Therefore, there are 1560 ways
