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
stepladder [879]
2 years ago
6

If the demand for steak increases as income increases, this means that steak is a(n): Multiple Choice complementary good. normal

good. inferior good. substitute good.
Business
1 answer:
Elodia [21]2 years ago
6 0

Answer:

i believe the answer is NORMAL GOODS

Explanation:

A normal good is a good that experiences an increase in its demand due to a rise in consumers income.

Hope this helps !

You might be interested in
Scheduling a production shop. midwest parts supply (mps) is a fabricator of small steel parts that are sold as components to man
svp [43]

The best scheduling to use to ensure that the ten jobs are done in the minimum amount of time is the SJFS.

<h3>What is Shortest Job First Scheduling? </h3>

This refers to the type of scheduling that makes use of an algorithm to process the shortest time to complete execution and reduces the average awaiting time for other processes to execute.

Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.

Read more about job scheduling here:
brainly.com/question/19999569

5 0
3 years ago
What is the relationship between the price level and the following components of aggregate demand. a. There is relationship betw
mojhsa [17]

Answer:

a. Negative

b. Negative

c. No

d. Negative

Explanation:

a. There is a negative relationship between price level and consumption. As the price level increases, the real money income and purchasing power of consumers decline. This causes their consumption spending to decline as well.  

b. There is a negative relationship between the price level and investment. A decline in the price level implies that the consumers will need a lesser amount of money. This will cause the demand for money to decrease. The leftward shift in the money demand curve will cause the interest rate to fall. At a lower interest rate, the investment will be higher.  

c. There is no direct relationship between the price level and government spending. An increase in government spending will increase aggregate demand. This, in turn, will cause the price level to increase. Though an increase in price level does not essentially cause government spending to increase.  

d. A higher price level will make domestic goods expensive as compared to imports. This will cause the imports of goods to increase and exports to decline. So an increase in price will cause the net exports to fall.

7 0
4 years ago
Your employees have an average salary of $37,000 per year. Their benefits, health insurance and a retirement plan, are worth $22
const2013 [10]

Answer:

i think that answer 15%percentage

4 0
3 years ago
Everything else held constant, an increase in the interest rate paid on checkable deposits will cause ________ in the amount of
kaheart [24]

Answer:

The answer is letter D

Explanation:

Everything else held constant, an increase in the interest rate paid on checkable deposits will cause _an increase_______ in the amount of checkable deposits held relative to currency holdings and _a decrease_______ in the currency ratio.

8 0
3 years ago
Swordfish Co. earned $75,000 in 2018 and expects to receive 2/3 of the amount in 2019 and the remainder in 2020. How much revenu
Gnoma [55]

Answer:

$75,000

Explanation:

Revenue is said to be earned on the deliver of the goods and services to the party that enjoys the benefits from the good or service.

As long as control of the goods has been transferred, the revenue is earned. Note that this is not when cash has been collected.

As such, if the company earned $75,000 in 2018 but some amounts are to be collected in subsequent years, the revenue earned in 2018 is still $75,000 while the amounts yet to be collected will be recognized in accounts receivable.

5 0
4 years ago
Other questions:
  • Bob used to earn $40,000 per year in his job as a nurse, but he quit in order to open his own pizza shop. bob used $10,000 from
    13·1 answer
  • A company bills customers for services rendered on account. Which of the following is part of recording this transaction?
    11·1 answer
  • Perteet Corporation's relevant range of activity is 8,100 units to 15,500 units. When it produces and sells 11,800 units, its av
    12·1 answer
  • Every business person will need to write a negative business message that may disappoint, irritate, or anger a receiver; these m
    7·1 answer
  • Explain the difference between a formal and informal team.
    14·1 answer
  • Larry Bar opened a frame shop and completed these transactions: Larry started the shop by investing $40,800 cash and equipment v
    13·1 answer
  • Monica is a drawing a monthly salary of 45000 if rupee e 15000 is spend every month on repayment of a loan what percent of her s
    14·1 answer
  • A team member tells you that when his wife was diagnosed with a serious illness, he stole items from work and sold them, using m
    12·1 answer
  • PLEASE HELP I NEED A BUSINESS REPORT!!!! DUE IN 25MINUTES PLEASEEEEEEE
    7·1 answer
  • What is the answer to this question
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!