Which of the following should be held constant when calculating an income elasticity of demand?
A. the price of the good
B. prices of related goods
C. tastes
D. All of the above should be held constant

Answers

Answer 1

All of the above should be held constant. tastes the price of the good prices of related goods.

What is the income elasticity of demand?

The proportional change in demand for a product in reaction to the change in a consumer's income is known as income elasticity of demand, or YED. The ratio of the change in quantity demanded to the change in customer revenue can also be used to describe it. A negative 50% change in demand, or a drop of 5,000 divided by the starting demand of 10,000 automobiles, is multiplied by a 20% change in real income, or the $10,000 change in income divided by the initial value of $50,000, to determine the income elasticity of demand. The relationship between the demand for goods and variations in consumer income is known as income elasticity of demand.

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Related Questions

Shoprite environmental impact on people

Answers

ShopRite impacts the environment by reducing harm to the environment and creating job in the recycling sector.

What is an environment?

It should be noted that an environment simply means the surrounding where an organism lives.

At ShopRite, plastics wastes that are generated are recycled into carrier bags. This helps in reducing harm to the environment.

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Which of the following is an example of an adjusting entry?
A. Revenue that has been billed but not yet paid
B. Revenue from a prior accounting period
C. Revenue in the form of products as opposed to cash
D. Revenue that has been billed and paid

Answers

The correct answer is option A.  An example of an adjusting entry is Revenue that has been billed but not yet paid

What is an adjusting entry?

These are entries that share correct amount between income and expenditure in the period they occur, usually at the end of the financial period.

It is to be noted that adjusting entries are alteration made to journal entries that have been previously recorded.

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Can someone please help me do the cash flows with ZInser and without Zinser? I would really appreciate it. I am really stuck on this and I have no clue on how to do the calculations for the cash flows. Please help me. Thank you.

Also, I think my net sales are wrong too. Please help me out.

Answers

Answer:

It's blur can u repost it so that i can see it

Rights are offset by _____, which are obligations to perform certain tasks and duties.

Answers

Rights are offset by responsibilities, which are obligations to perform certain tasks and duties.

Rocky Mountain Bottling Company produces a soft drink that is sold for a dollar. At production and sales of 800,000 units, the company pays $600,000 in production costs, half of which are fixed costs. At that volume, general, selling, and administrative costs amount to $250,000, of which $70,000 are fixed costs. What is the amount of contribution margin per unit?

Answers

Based on the fixed costs of the Rocky Mountain Bottling Company, the contribution margin per unit is $0.40 per unit

How is the contribution margin found?

First, find the variable costs:

= 300,000 + (250,000 - 70,000)

= $480,000

The contribution margin per unit is:

= (Sales - variable costs) / number of units

= (800,000 - 480,000) / 800,000

= $0.40 per unit

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Pharoah Company has identified that the cost of a new computer will be $40000, but with the use of the new computer, net income will increase by $3000 a year. If depreciation expense is $1000 a year, the cash payback period is: 13.3 years. 20.0 years. 40.0 years. 10.0 years.

Answers

The correct option is payback Period [tex]10.0[/tex] Years.

Payback Period:

The time it takes to recoup the cost of an investment is referred to as the payback period. It is simply the amount of time it takes an investment to break even. The payback period is crucial since people and businesses invest money primarily to be reimbursed.

The temporal worth of money is disregarded. All other capital budgeting strategies take into account the idea of the time value of money. According to the principle of time value of money, a rupee now is worth more than a rupee tomorrow. In order to arrive at discounted flows, different strategies discount future inflows.

You can use the mathematical formula to determine the payback period: Payback Period = Initial investment / Cash flow per year.

Annual Cash flows = Depreciation + Net income

[tex]= 3000+1000 \\=4000[/tex]

Payback Period = Investment / Annual Cash flows

[tex]= 40,000/4,000[/tex]

[tex]= 10.0[/tex] years.

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True or false: We always behave in ways that are congruent with our personality type.

Answers

False, the way we behave depends heavily on the situations we are in but how we behave isn’t always consistent with our personality type. For example if you were in danger you wouldn’t act extroverted, you would most likely be timid or anxious or something but that doesn’t change your personality, it’s just the situation you are i

We always behave in ways that are congruent with our personality type. This statement was the false. Thus, option (b) is correct.

What is personality?

The term "personality" refers to a person's characteristics of thinking, believing, and perceiving. The personality always reflects the person's identity. The personality not only developed the look but also helped with the growth. For example, a celebrity always maintains her personality. Personality reduced the conflict and damage.

A person should behave according to the situation. The person does not always behave the same. It depends on the situation and according to the mood of the person.

The personality reflects the person's looks and behavior. A person's personality fluctuates when it doesn't behave congruently.

As a result, we always behave in ways that are congruent with our personality type it totally false. Therefore, option (b) is correct.

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If you are interested in investing in a stock. Mark which of the following is a way you can PROFIT from your investment? (Check all that apply)
Holding the Stock for at least 5 years
Principal
Dividends
Selling the stock at a higher price than you paid for it

Answers

One can profit from stock investment through dividends and selling the stock at a higher price

What is stock investment?

Stock investment means buying shares in a company in expectation of dividends and capital gains, which can be achieved by selling at a higher price than the initial purchase price.

Basically, gains from stocks are through dividend yield and capital gains, which means that principal receipt is not applicable since that applies to bond or debt issuance.

Holding the stock for 5 years does not guarantee a positive return because prices cannot be predicted.

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For an output level exactly at QE, the value of a unit to a buyer is equal to the cost of a unit to a seller.
Suppose a firm that produces for this market is able to influence the market price, which leads to an outcome that differs from the free market equilibrium shown in the previous graph. Such a situation is characterized by , which is an example of .

Answers

For an output level exactly at QE, the value of a unit to a buyer is equal to the cost of a unit to a seller.

Suppose a firm that produces for this market is able to influence the market price, which leads to an outcome that differs from the free market equilibrium shown in the previous graph. Such a situation is characterized by an external factors which is an example of inefficiency.

What is the effect of change in equilibrium?

When the equilibrium is affected such that the price of goods goes down beyond the equilibrium there will be shortage such that the price of goods demanded will now be higher than the price of commodity that has been supplied. This is a shortage to the supplier. Change in equilibrium occurs when external factors affects demand such as taste.

Therefore, suppose a firm that produces for this market is able to influence the market price, which leads to an outcome that differs from the free market equilibrium shown in the previous graph. Such a situation is characterized by an external factors which is an example of inefficiency.

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Requisitioning an OTC item to use for script fulfillment included

Answers

Requisitioning an OTC item to use for script fulfillment included is scanning the price barcode in the QT exception screen.

For the fulfillment of medication requests corresponding to included medication units, a system and accompanying technique are offered.

A patient care provider may receive decision data from requisition fulfillment logic to aid in choosing one of a variety of fulfillment venues to fill a specific drug demand.

A requisition router may direct the pharmaceutical request to a particular fulfillment site among the many options.

In respect to the related medication requisitions that they have completed, the fulfillment sites may provide medication requisition metadata (such as information about the preparation and handling of medicine units) to a medication requisition database.

Therefore, scanning the price barcode in the QT exception screen. is the answer.

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what do multinational corporations needs to balance when making decisions about social responsibilities?

Answers

What  multinational corporations needs to balance when making decisions about social responsibilities is conflicting interests of stakeholders .

Why is it necessary for multinational corporations to balance conflicting interests of stakeholders?

Multinational corporations  needs to balance conflicting interests of stakeholders  in their decisions most important in human rights because the stakeholders are key part in the organization.

And any decision that affect the corporation will definitely affect all the stakeholders.

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Question 1
Stargate Corporation is considering two projects of machinery that perform the same task. The required rate of return for these projects is RM10%. The projects’ expected cash flows are as follows:

Year Machine MIR (RM) Machine ZA (RM)
0 (17,000) (17,000)
1 8,000 2,000
2 7,000 5,000
3 5,000 9,000
4 3,000 9,500

Based on the above information, you are required to make an analysis for the decision of Capital Budgeting based on the following techniques:

(a) Net Present Value, NPV
(b) Profitability Index, PI

Answers

NPV = Initial cash outlay + PV of all the cash inflows.

PV of cash flow at time n = Cash flow at time n/ ((1+r)^n).

NPV = - CF0 + (CF1/((1+WACC)^1)) + (CF2/((1+WACC)^2)) + (CF3/((1+WACC)^3)) +  (CFn/((1+WACC)^n)).

Profitability Index (PI)=

1 + (NPV/Initial Investment).

 Machine MIR (RM)         Machine ZA (RM)

Years Total Cash flows PV Total Cash flows PV

0                      (17,000)          (17,000.00)                 (17,000)                 (17,000.00)

1                          8,000              7,272.73                     2,000                     1,818.18

2                          7,000              5,785.12                     5,000                     4,132.23

3                          5,000              3,756.57                     9,000                     6,761.83

4                          3,000              2,049.04                     9,500                     6,488.63

Required return 10.00% 10.00%  

 NPV                1,863.5 NPV                      2,200.9

 PI                     1.11 PI                            1.13

The most important feature of the net present value method is that it is based on the idea that future dollars will be less valuable today than bank dollars. Future cash flows are discounted to date to determine their value.

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What type of trading earns you money when you accurately predict that a stock will lose value?

Answers

The type of trading that earns you money when you accurately predict that a stock will lose value short-selling trades. This is further explained below.

What are short-selling trades?

Generally, When an investor borrows a security and then sells it on the open market with the intention of buying it back later at a lower price, this transaction is known as short selling.

In conclusion, Short-selling transactions are a sort of trading that may provide profits for traders who successfully forecast that the value of a stock will decrease in the future.

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PlastiPharm produces a foundational product that sits on a shelf until it is needed and added to another product. In reviewing the process of combining the two products, the production staff realized that the foundational products are sometimes not tested, although the final product is always tested. They determined that all the foundational products will now undergo testing. The additional testing will add time and effort, which translates to additional costs, so why would PlastiPharm want to perform the additional testing?

a.The additional testing helps the company as it strives for perfection in its products and helps avoid future problems by reducing waste (defective parts).
b.Making sure that all parts are tested ensures that the company is ready to respond to last-minute orders.
c.The additional testing will help the company meet customer demands for certification that all their products have been tested 100 percent of the time.
d.Testing all the parts addresses any questions that customers might have about quality or performance of materials.

Answers

PlastiPharm would want to perform the additional testing because:

The additional testing helps the company as it strives for perfection in its products and helps avoid future problems by reducing waste (defective parts). (Option C)Testing all the parts addresses any questions that customers might have about quality or performance of materials. (Option D)

Why do manufacturers carry out testing?

Rigorous testing is usually carried out by companies to ensure that defects and hazards are detected before the products are sent out into the market.

This way, their liability from product defects is reduced or eliminated completely.

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a cellular phone is a phone that is cellular" How might you explain to the speaker the problem with this assertion?

Answers

That the phone has data without internet making the phone useable while not at home or out in public

Has this interview prompted you to make any changes in the way that you view or
manage your personal finances? Do you think it will impact how you handle your personal
finances in the future? Explain.

Answers

The interview referring to the issue is Elizabeth White's to Ted about personal financial crises, leading to reflection on the needs of managing personal finances.

The speaker warns about the need to save financial resources in the present, to avoid the consequences of unnecessary expenses in the future.

What is the personal budget?

It corresponds to a simple and objective tool for identifying an individual's income and expenses, which allows greater allocation of resources to objectives and goals, in addition to greater control over finances.

Therefore, through Elizabeth White's interview, the need to talk about finance is perceived, even if this fact causes embarrassment to individuals, because only in this way can knowledge, innovation and personal planning be increased.

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One of the primary feeds for beef cattle is corn. The following table presents the average price in dollars for a bushel of corn and a pound of ribeye steak for 10 consecutive months.

Corn Price ($/bu)

Ribeye Price ($/lb)

6.26

13.32

6.00

12.25

5.76

12.53

6.33

13.33

6.46

13.28

6.44

13.01

What is the slope of the regression line for predicting the ribeye price from the corn price? Round to 2 decimal places

1.24603+5.18423x

Answers

If the price of corn differs by $1 per bushel then the price of ribeye differs by $1.7071.

The price of corn differs by $0.35 per bushel the price of ribeye differs by $1.7071.* 0.35 = 0.595595

= $0.60.

Corned beef is a slice of processed lean meat made by soaking brisket in a solution of salt and spices to season and soften it. Corned beef provides proteins and nutrients such as iron and vitamin B12, but fat. And relatively high in sodium. It is also a source of certain compounds that may increase the risk of cancer.

Corned beef is made from relatively inexpensive parts of brisket. Meat undergoes a long aging process with large grains of rock salt, or "salt grains" and salt water. By simmering it slowly, it transforms hard beef into a very soft and flavorful part.

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Which is one advantage of learning a trade compared to attending a four-year
college?
A. Learning a trade requires more time in an academic setting.
B. Learning a trade often costs more.
C. Learning a trade has a higher lifetime earning potential.
D. Learning a trade typically requires less time in school.

Answers

Answer:

C. Learning a trade has a higher lifetime earning potential.

Answer: learning a trade has a higher lifetime earning potential

Explanation:

What impact does interest have on the cost of the purchases you make when using credit? OA. Interest has no impact because it is separate from the actual purchase prices. B. Interest can cause the overall cost of your purchases to increase. C. Interest can cause the overall cost of your purchases to decrease. O D. Interest has no impact because most credit cards do not charge interest. SUBMIT​

Answers

Interest has no impact because most credit cards do not charge interest.

What are the effects of interest rates on consumers?

The Effect of Interest Rates on Consumer Behavior Interest rates impact the cost of borrowing money as well as the returns that savers can earn on their investments. An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed. When interest rates are high, some loans become too costly and borrower demand may lessen, which reduces the total consumption of loans. Conversely, when interest rates drop, consumers take advantage of the lower loan rates, which increases demand for loan products.

The correct answer is D.

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When there is a positive externality in a free market, too much of the good is produced and consumed. True or false?.

Answers

When there is a positive externality in a free market, too much of the good is produced and consumed. This statement is false.

Positive externalities happen when the usage of a good or its production results in a benefit to a third party.

For instance, you receive a private advantage when you consume education. However, there are advantages for the rest of society as well.

For instance, you can educate others, and as a result, they gain from your education. (A positive externality of consumption)

Positive externalities cause market failure and underconsumption.

Among the government initiatives to boost demand for items with favorable externalities

Regulations and guidelines - minimum school ageIn order to boost the stock of high-quality housing, the government is creating more council housing.Price-lowering and consumption-encouraging subsidies, such as those provided by the government for rural train services.

Hence, the given statement is false.

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Why should even small-sized companies be vigilant about security?
a.Cyberattacks are opportunistic regardless of company size.
b.Smaller companies are more vulnerable to social engineering.
c.Smaller companies are not often targets of cyberattacks.
d.Cyberattacks often come from commercial competitors.

Answers

The small-sized companies are vigilant about security because Cyberattacks are opportunistic regardless of company size.

Understanding cybersecurity means keeping it in mind when dealing with everyday events. Cybersecurity awareness includes understanding the risks associated with using the internet, checking email, and communicating online. The term "cyber awareness" describes the degree of knowledge and comprehension that end users have regarding cybersecurity best practices and the daily cyber threats that their networks or organizations must contend with.

The first step in developing a security awareness program for your firm should be measuring your current level of security awareness. Employees of an enterprise who are cyber security savvy are those who are aware of cyber dangers, understand the potential effects of a cyberattack on their company, and know the precautions to take to lower risk and stop cybercrime from invading their online workspace.

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17. Use the table below to draw a component bar chart and multiple bar chart. Maize (tons) Millet (tons) Rice (tons) 60 20 20 70 30 10 20 45 70 Year 2012 2013 40 80 2014 2015 2016 50 (Note: Use a graph sheet to draw). 35 40 60 Total 100 140 110 120 180 A​

Answers

See attachment for the component bar chart and the multiple bar chart

How to draw the bar charts?

The table of values is given as:

Maize (tons) Millet (tons) Rice (tons)   Year

60                   20                       20       2012

70                    30                       10       2013

20                     45                      70      2014

40                      80                     50     2015

35                      40                      60    2016

The component bar chart

Here the bars of each year are stacked upon one other for each year

i.e. the bar chart will look as follows

Maize

Millet

Rice

Year

Next, we enter the values on the table of values in a graphing tool

See attachment for the component bar chart

The multiple bar chart

Here the bars of each year are stacked upon one other for each year

i.e. the bar chart will look as follows

Maize Millet Rice

      Year

Next, we enter the values on the table of values in a graphing tool

See attachment for the multiple bar chart

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Short term goals are goals that can be reached in:
1-7 days.
O1-12 months.
01-5 years.
O24 hours.
1-2 years.

Answers

Answer:

1 month to 12 months

Explanation:

a short term goal is a goal that can be reached within a year while long term goal is a goal that can be achieved over a year

Which of these statements is true about the drug utilization management (UM) rules?

Answers

Answer: Prior authorization quantity limit and step therapy are some examples of the coverage rules

Explanation:

The statement 'prior authorization, quantity limit, and step therapy are some examples of the coverage rules" is true. Drug utilization management (DUR) is a set of methods used to ensure the appropriate use of medications.

These methods can include prior authorization, quantity limits, and step therapy.

Prior authorization is a process where a health plan requires the prescriber to obtain approval from the plan before a medication can be dispensed. This is typically used for high-cost or high-risk medications.

Quantity limits are restrictions on the amount of medication that a patient can receive in a given period of time. This is typically used to prevent patients from stockpiling medications or using them for purposes other than what they are intended for.

Step therapy is a process where a patient must try one or more less expensive or less invasive treatments before they can be prescribed a more expensive or more invasive treatment. This is typically used to ensure that patients are only using the most appropriate treatment for their condition.

The UN does not have specific rules on DUR, but many countries have their own regulations. These regulations are designed to ensure that patients have access to safe and effective medications, while also preventing the misuse of medications.

Therefore, the given statement is true.

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Your question is incomplete, most probably the complete question is :

The statement is about the drug utilization management UN rules. true or false?

prior authorization quantity limit and step therapy are some examples of the coverage rules

Help with a human resources question regarding discrimination and harassment laws?

Answers

Some labor laws that can be quoted about the dismissed employee are:

Employment-Based DiscriminationThe Fair Labor Standards Act

What are Discrimination Laws?

This refers to the legislation that is put in place to protect workers and people from being denied employment or other opportunities based on discrimination.

Hence, we can see that in order to investigate the claim of the dismissed employee, there would need to be specific grounds for dismissal, otherwise, industrial actions would probably follow.

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What are some of your main personal, academic, and professional goals?

Answers

Think positive to stay focused.

Stay resilient.

Make time to read.

Manage your time.

Find time to relax.

Strive for excellence.

Build a strong network.

Build good study habits.

What is the impact on cash flow from operations in the current year based on the change in operating assets and liabilities listed below?

Answers

What is the impact on cash flow from operations in the current year based on the change in operating assets and liabilities listed below?

Correct options is A

Which factor plays the biggest role in motivating economic decisions in a market economy?
A. Corruption in the leadership of powerful groups
B. Competition between different businesses
C. Commitment to maintaining a traditional lifestyle
D. Cooperation between governments and citizens​

Answers

B ima say b bc it’s the most common

Competition between different businesses plays the biggest role in motivating economic decisions in a market economy. Thus, option (b) is correct.

What is a market economy?

A market economy is an economic system in which the production and distribution of goods and services are determined by the interaction between consumers and businesses in the marketplace. In a market economy, decisions about what to produce, how much to produce, and what price to charge are made by businesses in response to changes in demand from consumers.

The biggest factor that motivates economic decisions in a market economy is competition between different businesses. This competition encourages businesses to be innovative and efficient in order to stay ahead of their rivals. As businesses strive to outcompete one another, they are also incentivized to produce goods and services that are of higher quality and at lower prices.

Therefore, it can be concluded that competition between different businesses plays the biggest role in motivating economic decisions in a market economy. Hence, option (b) is correct.

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what is e-reputation?

Answers

the reputation of a company, person, product, service or any other element on the Internet and digital platforms.

On January 1, 1990, Emilio deposited $1650 into a savings account paying
6.2% interest, compounded monthly. If he hasn't made any additional
deposits or withdrawals since then, and if the interest rate has stayed the
same, in what year did his balance hit $3300, according to the rule of 72?
OA. 2001
B. 2003
OC. 2000
D. 2002

Answers

The time required to get a total amount of $3,300.00 with compounded interest on a principal of $1,650.00 at an interest rate of 6.2% per year and compounded 12 times per year is 11.209 years. hence the answer is

A. 2001

Compound Interest Calculation

(about 11 years 3 months)

First, convert R as a percent to r as a decimal

r = R/100

r = 6.2/100

r = 0.062 per year,

Then, solve the equation for t

t = ln(A/P) / n[ln(1 + r/n)]

t = ln(3,300.00/1,650.00) / ( 12 × [ln(1 + 0.062/12)] )

t = ln(3,300.00/1,650.00) / ( 12 × [ln(1 + 0.0051666666666667)] )

t = 11.209 years

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