When a tax is placed on a product, it’s_________increases, so it’s_________ may decrease. People react to the higher prices by buying _______.

Answers

Answer 1

Answer:

The answer is product, sales, similar products.

Explanation:

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Related Questions

1do you think jack is an entrepreneur? motivate your answer.

Answers

Answer: I  think jack is an entrepreneur because he is allowing kids to  jumpstart their entrepreneurial journey. Kids can operate their own drink stands or marketplace locations, all while learning the basics of business and making money. jack helps kids know that they can always start young and be successful.

Explanation:

Patient satisfaction with va care and services is often reported to be at what percentage?.

Answers

Your highness, caught you sippin' on lean

Reminds me that's how it's supposed to be

Explanation:

Hollaway Manufacturing is considering using stocks of an old raw material in a special project. The special project would require all 180 kilograms of the raw material that are in stock and that originally cost the company $2,406 in total. If the company were to buy new supplies of this raw material on the open market, it would cost $7 per kilogram. However, the company has no other use for this raw material and would sell it at the discounted price of $6. 35 per kilogram if it were not used in the special project. The sale of the raw material would involve delivery to the purchaser at a total cost of $68 for all 180 kilograms. What is the relevant cost of the 180 kilograms of the raw material when deciding whether to proceed with the special project

Answers

Assuming the delivery cost is $68. The relevant cost of the 180 kilograms of the raw material when deciding whether to proceed with the special project is $1,075.

Relevant cost

Using this formula

Relevant cost=(Raw material×Discounted price)-Delivery cost

Where:

Raw material=180 kilograms

Discounted price=$6.35

Delivery cost=$68

Let plug in the formula

Relevant cost=(180 kilogram×$6.35)-$68

Relevant cost=$1,143-$68

Relevant cost=$1,075

Inconclusion the relevant cost of the 180 kilograms of the raw material when deciding whether to proceed with the special project is $1,075.

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True or false: All employees make an impact on a business.
5 points
True; all employees make a positive impact on a business
True; all employees make either a positive or negative impact on a business
False; only managers and supervisors make an impact on a business
False; only executives and board members make an impact on a business

Answers

Answer:

true; all employees make either a positive or negative impact on a business

Explanation:

what are the two factors that go into which item is thought of as bought first, etc., when choosing between several possible purchases.

Answers

Answer:

Fifo

Explanation:

Because the stock that is bought first should be the one to be purchased first

The accounting firm of johnson and johnson has decided to design a nonstatistical sample to examine the accounts receivable balance of francisco fragrances, inc. , at october 31. as of october 31, there were 1,500 accounts receivable accounts with a balance of $5. 5 million. the accounts receivable population can be segregated into the following strata:

number and size

of accounts

book value

of stratum

10 accounts >

$ 50,000

$ 750,000

440 accounts >

$ 5,000

3,000,000

1,050 accounts <

$ 5,000

1,750,000

jonathan l. gren, senior-in-charge of the audit, has made the following decisions:_______.

1. based on the results of the tests of controls and risk assessment procedures, a low assessment is made for the risk of material misstatement. 2. the desired confidence level is moderate. 3. the tolerable misstatement allocated to accounts receivable is $155,000, and the expected misstatement is $55,000. 4. all the balances greater than $50,000 will be auditedrequired-using the nonstatistical sampling formula included in the textbook, compute the suggested sample size for this test using table 9-5. gren confirmed the accounts receivable accounts selected and noted the following results (round your answer to the nearest dollar amount. omit the "$" sign in your response. ):stratumbook value of stratumbook value of sampleaudit value of sampleamount of overstatement>$

50,000$ 750,000$ 750,000$ 746,500$ 3,500>$5,0003,000,000910,000894,75015,250>$5,0001,750,00070,00068,4501,550using ratio projection, what is the total projected misstatement? what conclusion should gren make concerning the accounts receivable balance?

Answers

The total projected misstatement of the firm is $92225 and it can be concluded that projected misstatement is more than the expected misstatement.

How to calculate the projected misstatement?

The total projected misstatement will be calculated thus:

= $3500 + ($15250/$910000 × 3000000) + (1550/70000 × 1750000

= $3500 + $50275 + $38750

= $92225

The projected misstatement is more than the expected misstatement. Therefore, there is an unacceptable risk that the true misstatement is more than the tolerable misstatement.

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Airlines that try to lower fares in order to increase revenue believe the demand for airline service is

Answers

Airlines that try to lower fares in order to increase revenue believe the demand for airline service is in price elasticity.

What is price elasticity?

Price elasticity occur when a change in price of a commodity or services leads to a change in the quantity of goods or services demanded.

It is believed that when the price is lower more people will demand for the product.

Therefore, Airlines that try to lower fares in order to increase revenue believe the demand for airline service is in price elasticity.

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Airlines that try to lower fares to increase the revenue believe that the demand for the airline's service is price elastic.

What do you mean by demand?

Demand refers to the quantity of a good that consumers can be able and willing to purchase at prices for a particular period.

Airlines try to lower the fares to increase revenues believing the demand to be price elastic for the airline's service. A change in prices causes a substantial change in the demand or supply is price elastic.

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THIS IS FOR U.S. GOVERNMENT
Unlike the Speaker of the House, the president of the Senate


A.
is not elected by the Senate and may vote on any matter in the Senate.


B.
is elected by the Senate and may vote on any matter in the Senate.


C.
is elected by the Senate and may only vote to break a tie.


D.
is not elected by the Senate and may only vote to break a tie.

Answers

The answer is B . because i said so .

The Warehouse Management System (WMS) _____. (Select all that apply.)


locates products in the warehouse
locates products in the warehouse

records shipments in and shipments out
records shipments in and shipments out

tracks inventory
tracks inventory

schedules employees
schedules employees

Answers

Answer:

Records Shipments in and shipments out, Locates products in the warehouse.

Answer:tracks inventory

Explanation:

The accounts receivable turnover ratio is calculated by:.

Answers

Answer:

It is calculated by dividing net credit sales by average accounts receivable

Explanation:

If stock prices go up and people feel richer, aggregate demand will: stay the same because there have been no changes to the underlying assets. Increase. Be unpredictable. Decrease

Answers

If stock prices go up and people feel richer, aggregate demand will increase.

What is the wealth effect?

The wealth effect is an economic theory which postulates that consumer spending increases when consumers perceive that their is an increase in the value of their assets(wealth). Consumer spending increases even if there is no increase in income.

So when the stock prices increases, aggregate demnand would increase.

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If stock prices go up and people feel richer, the aggregate demand will increase with the corresponding increase in the price level.

What do you mean by Price Level?

Price Level refers to an average of current prices across the goods and services that are produced in the economy. Price levels refer to one of the most economic indicators in the world.

Aggregate demand will increase when the stock prices go up. Aggregate demand should increase when the components of the aggregate demand that including consumer spending, investment spending, government spending, and spending will rise.

Therefore, the aggregate demand will increase when the stock prices go up and people feel richer.

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Identify true statements about the team effectiveness quotient (tq). (check all that apply. )

Answers

Generally, the quotient evaluates a team effectiveness based on the performance and development of teams desired outcomes for the organization.

What is a personal effectiveness quotient?

It is a quotient that shows an employee's ability to work well with others and be a team player without having to compromise his/her values.

Now, the quotient of team effectiveness shows the extent at which team members trust and collaborate with each other for the team as a whole.

In conclusion, this quotient is important because its measures how much the team members sacrifices for their organization cause.

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True or false? Product/market fit automatically results in high-volume sales.

Answers

Answer:

It is True

Explanation:

Defining product-market fit

"Product-market fit," writes startup coach and investor Marc Andreessen, "means being in a good market with a product that can satisfy that market." When an entrepreneur identifies a need in the market and builds a solution that customers want to buy, that's product-market fit.

Product/market fit automatically results in high-volume sales, is the true statement.

What is a Product/market fit?

"Product-market fit" is defined by startup advisor and investor Marc Andreessen as existing in a healthy market with a product that can satisfy that market's needs. When an entrepreneur recognizes a market gap and creates a product that customers want to buy, product-market fit has occurred.

It shows that people are willing to pay a price for your goods and that it has a significant enough market or audience. Take the case where you want to create a smartphone app that allows for free video conference communication. If it doesn't fit, nothing fits.

Strategic fit describes how well a company is matching its assets and capabilities to opportunities in the external environment.

Thus, it is a true statement.

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Between 1950 and 2015 the percentage of women in the work force has______.

A. remained more or less constant

B. decreased by a noticeable margin

C. surpassed the percentage of men

D. increased by a significant margin

Answers

Answer:

A.

increased by a significant margin is correct

Explanation:

The proportion of women in the labor force has significantly increased between 1950 and 2015. As a result, option (D) is the appropriate response.

What do you know about the women participation in workforce?

Since the industrial revolution, women's engagement in the labor force outside the home has grown in industrialized countries, with a particularly significant increase noted in the 20th century.

Women made up 34% of the general labor force in 1950. In 1960, the rate increased to 38%, then to 43% in 1970, 52% in 1980, 58% in 1990, and 60% in 2000.

In the labor force in 1950, women made up around one third of the population. By 1998, almost three out of every five working-age women were employed. In 1950, 33.9 percent of women over the age of 16 were in the work force; by 1998, that number had increased to 59.8 percent.

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If the price level falls, the real value of a dollar.

Answers

Answer:

If the price level falls, the value of the dollar goes up

Explanation:

When the prices decrease your money can buy more stuff with less money, as opposed to if the prices rise the value of the dollar goes down, as you cannot but as much stuff as you could before

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What is the relationship between interest rate, aggregate income, and price level?.

Answers

A decrease in income will lead to a decrease in price level and a decrease in the interest rate.

What is the relationship between these variables?

When income declines, there would a decrease in demand and this would lead to a decline in price levels. When price levels fall, interest rate also decline. Thus, there is a positive relationship between these variables.

National distributing company uses a periodic inventory system to track its merchandise inventory and the gross profit method to estimate ending inventory and cost of goods sold for interim periods. net purchases for the month of august were $43,000. the july 31 and august 31, 2021, financial statements contained the following information:

income statements for the months ending
august 31, 2021 july 31, 2021
net sales $60,000 $50,000
balance sheets at
august 31, 2021 july 31, 2021
assets:
merchandise inventory $35,000 $34,000

required:
determine the company's cost percentage.

Answers

The determination of the National Distributing Company's cost percentage under the gross profit method of estimating ending inventory and the cost of goods sold is 70%.

What is the gross profit method?

Under the gross profit method, the cost of ending inventory and the cost of goods sold are estimated in each by following the following steps:

Add the cost of beginning inventory to the cost of purchases during the period to arrive at the cost of goods available for sale.

Multiply (1 - expected gross profit percent, if given) by sales during the period to arrive at the estimated cost of goods sold.

Otherwise, if you have the estimated cost of goods sold, you can use the figure to work out the gross profit percentage.  Then work out the ending inventory by subtracting the cost of goods sold from the cost of goods available for sale.

Data and Calculations:

Net Purchases for August = $43,000

National Distributing Company

Income Statements

For the months ending August 31, 2021, and July 31, 2021:

                     August      July

Net sales    $60,000    $50,000

National Distributing Company

Balance sheets

At August 31, 2021 July 31, 2021

Assets:                              August      July

Merchandise inventory $35,000  $34,000

Cost of goods available for sale for August:

Beginning inventory (July)  $34,000

Purchases                              43,000

Cost of goods available     $77,000

Ending inventory                 (35,000)

Cost of goods sold            $42,000

Company's cost of goods sold percentage = 70% ($42,000/$$60,000 x 100)

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Financial incentives given by the government to corporations, individuals, or other governments for the purpose of encouraging certain activities or behaviors are ______.

a. Grants

b. Entitlements

c. Welfare programs

d. Subsidies

Answers

Answer:

It os D, subsidies. this is correct.

According to Baumrind, which type of parents place firm limits and controls on their child, allows little verbal exchange, and might show rage toward their child

Answers

The type of parents place firm that place limits and controls on their child and allows little verbal exchange is authoritarian.

What is authoritarianism?

Authoritarian serves a kind of control whereby the parents posses the total control over their child.

In this kind of parents place firm, there is always a way to check the activities of the children to avoid bad influence.

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A grouping of technologies that marketers leverage to conduct and improve their marketing activities"" is the definition of what term?.

Answers

A grouping of technologies that marketers leverage to conduct and improve their marketing activities"" is the definition of: marketing technology stack.

What is marketing technology stack?

Marketing technology stack can be defined as the process of measuring and  evaluating market activities in order to improve it.

Marketing technology stack is important for companies or organizations as it help to  provide market automation they will help them acheive their set goals and objective.

Inconclusion marketing activities"" is the definition of: marketing technology stack.

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Cash price is $6,000. a down payment of 10% is required. monthly payments will be $120 a month for 52 months

Answers

Based on the total payment, and the down payment, the interest rate can be found to be 6.72%.

What is the interest rate?

First find the loan amount to be:

= 6,000 x (1 - 10% down payment)

= $5,400

The interest rate can be found by a spreadsheet formula called RATE.

Number of periods = 52

Payment = 120

PV = $5,400 loan amount

Rate will be:

= 0.00560

= 0.560%

In yearly terms this is:

= 0.560 x 12 months

= 6.72%

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Which ics functional area arranges for resources and needed services.

Answers

The ICS functional area that arrange for resources and needed services is known as logistics.

What is ICS?

ICS is an acronym for Incident Command System. It is a management system designed to enable effective and efficient domestic incident management.

The five major ICS functional areas are:

CommandOperationsPlanningLogisticsFinance/administration.

Hence, Logistics as an ICS functional area is responsible for arranging for resources and needed services to support achievement of the incident objectives.

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How much time after selling a house do you have to buy a house to avoid the tax penalty?.

Answers

Answer:

no idea but im pretty sure its 6 months

Explanation:

becuase i think so

law allows what is known as a 1031 exchange, you have to close on a new property within 180 days after you close the sale on your old property

Which statement describes what this graph indicates about government spending? the government spends less than it receives year over year. the government should produce more money to cover spending. the government on average spends more than it collects. the government needs to lower taxes to cover spending.

Answers

The government spending graph indicated that

the government on average spends more than it

collects.

What is Government Spending?

Government Spending serves as the public expenditure on goods as well as services which can be seen as a major component of the GDP.

Therefore, it can be concluded that the government spending graph let us know that the government spend more.

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Choose all the characteristics of an effective leader.
✓ Welcome feedback
Take team credit
Micromanage
Have emotional intelligence
O Work to resolve conflict
Coach employees
Foster unhealthy competition

Answers

Answer:

likes competitions, puts in the work, team player

Welcome feedback, have emotional intelligence, work to resolve conflict, and coach employees are characteristics of an effective leader. Therefore, options A, D, E, and F are correct .

An effective leader is an individual who possesses the skills, qualities, and attributes necessary to inspire, guide, and motivate a team towards achieving common goals and objectives.

They demonstrate strong communication skills, actively listen to their team members, and value their input. Effective leaders exhibit emotional intelligence, understanding and managing their own emotions as well as those of others.

They foster a positive work environment, promote collaboration, and work to resolve conflicts constructively. Additionally, they provide guidance and support to their team members, offering coaching and development opportunities to help individuals reach their full potential and contribute to the overall success of the organization.

Therefore, options A, D, E, and F are correct .

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If a product has a unit contribution margin of $12, a sales price of $20 and total fixed costs of $1,000, its variable cost per unit must be $______.

Answers

Based on the unit contribution margin and the sales price of the product, the variable cost per unit is $8.

What is the variable cost per unit?

This can be found as the formula:

= Sales price - Contribution margin per unit

Solving gives:

= 20 - 12

= $8

In conclusion, the variable cost per unit is $8.

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If the money supply grows at​ 6% and the inflation rate is​ 2%, the quantity theory predicts that the change in real GDP will be

Answers

Answer:

I believe the answer is 4%

Explanation:

For a plaintiff to establish that he or she has standing to sue, the plaintiff must allege ________.

a. a lack of subject matter jurisdiction of the court
b. at least $100,000 in damages as a result of the controversy
c. extradition by the police of the state in which he or she resides
d. a personal stake in the resolution of the controversy
e. garnishment by the state in which the lawsuit is filed

Answers

For a plaintiff to establish that he or she has the standing to sue, the plaintiff must allege a personal stake in the resolution of the controversy.

Who is a Plaintiff?

A plaintiff is an individual or group who initiates a lawsuit in a court of law. The plaintiff by doing so seeks justice and a legal remedy for that particular problem.

When a plaintiff seeks to establish that he or she has a legal standing to sue, he must allege a personal stake in the resolution of the controversy. That way, he would properly establish the fact.

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Walmart sells a bike that cost $100 to a customer for $250 cash. using a perpetual inventory system, the entry to record the sale includes a debit to and credit to for $250. the entry to record the cost of the sale includes a debit to cost of goods sold and a credit to for $100.
i. true
ii. false

Answers

1. Using a perpetual inventory system, the entry to record the sale for Walmart includes a debit to the Cash account and a credit to the Sales Revenue account for $250.

2. The entry to record the cost of the sale under the perpetual inventory system includes a debit to the cost of goods sold and a credit to Inventory for $100.

What is the perpetual inventory system?

The perpetual inventory system can be differentiated from the periodic inventory system by the fact that perpetual inventory continuously updates the inventory value without relying on the physical inventory count.

Under this system, the cost of goods sold is debited and the inventory account is credited.

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Select all that apply Determine which of the following expenses are considered revenue expenditures related to a company vehicle. (Check all that apply.) Multiple select question. Engine overhaul Dent repair Installation of special equipment Car wash Oil change

Answers

Revenue expenditures are additional costs of plant assets that do not materially increase the asset’s life or productive capabilities. Hence, the answer the one that does not apply is Installation of special equipment.

Revenue expenditures related to a company vehicle

Engine overhaul Dent repairCar wash andOil change

Therefore, the one that does not apply is Installation of special equipment.

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Answer:

dent repair , oil change ,car wash

Explanation:

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