If your cousin gets a big raise at work, and as a result, goes out to eat more often, then this suggests that for your cousin restaurant meals are?
Answers
For your cousin, restaurant meals are a normal good.
In economics, normal goods are those for which demand increases as income increases. In this scenario, your cousin's increased income, resulting from a big raise at work, leads to an increase in the consumption of restaurant meals. This indicates that restaurant meals are considered a normal good for your cousin.
Normal goods are often associated with discretionary or luxury items, where individuals tend to spend more on them as their income rises.
As your cousin's income increases, they have more disposable income available to spend on dining out, which explains their increased frequency of eating at restaurants.
The fact that your cousin's increased income leads to a higher demand for restaurant meals suggests that restaurant meals are considered a normal good for them. This relationship highlights the role of income in shaping consumer preferences and consumption patterns
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Related Questions
A person who is involved in the process of creating and managing a business to achieve his or her desired objectives is engaged in
Answers
Answer:
entrepreneur
Explanation:
An entrepreneur is an individual who initiates the process of creating and managing a business entity with profit motives. They start with developing a business idea and transform it into a successful venture. Entrepreneurs assume the risks associated with starting a new business. They risk their capital, time, and energy with the expectation to make profits.
Entrepreneurs are creative and innovative people. They spot business opportunities where others don't. Entrepreneurs develop products and services that address the community's needs.
which of the following assets is not eligible for bonus depreciation? multiple choice a warehouse office furniture a delivery truck
qualified improvement property used office machinery
Answers
Bonus depreciation is a tax incentive for businesses that allows them to deduct the cost of certain qualifying assets from their taxes in the year they are placed in service.
Qualifying assets must be tangible property with a useful life of 20 years or less, such as computers, furniture, and machinery. However, not all assets are eligible for bonus depreciation, such as a warehouse, office furniture, delivery truck, or used office machinery.
To qualify, the asset must be new and placed in service after September 27, 2017. In addition, it must be used mainly for business purposes and must be acquired, constructed, or produced by the taxpayer. Bonus depreciation cannot be used for land, inventories, or intangible assets such as patents, copyrights, and goodwill.
Bonus depreciation can be a great way for businesses to save on taxes, but it is important to understand what assets qualify and what does not.
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Which of the following is NOT true about emergency funds?
a,They can keep you from borrowing money from friends and family.
b,They help remove the worry about expenses not in the budget.
c,They are used for anything listed on the budget.
d,They help you prepare for unexpected expenses.
Answers
Answer:
The answer is "They are used for anything listed on the budget."
The option that is NOT true about emergency funds is: c. They are used for anything listed on the budget.
What is emergency funds?Emergency funds are usually not used for things that are planned and included in the budget. Instead, emergency funds are money saved specifically for unexpected expenses that you didn't plan for in your usual budget.
The reason for having an emergency fund is to have money saved for unexpected things that might happen, like when someone gets hurt and needs to go to the hospital or when a car or home needs fixing. It can also help if someone loses their job or if something else happens that they didn't expect.
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Which type of traditional media can potentially reach a larger audience than print media, but is more expensive than newspapers and magazines and can be complicated to produce?
Answers
Answer:
Ad industry
Explanation:
The Ad industry in one such type of a traditional media who have a large audience than the other traditional media like the print media. But unfortunately, the ad media is much more expensive or costly when compared to print media such as magazines and newspapers and it is also complicated to produce.
3. The owner of a specialty delicatessen buys baskets, decorates and fills them with food items, and
sells them as one of the products in the shop. The entrepreneur sells an average of 130 baskets a
month The basket supplier charges $0.50 per basket. The entrepreneur would like to reduce his
variable costs and has found a basket supplier who will charge only $0.40 per basket. How much
will the delicatessen owner save in a year by changing suppliers?
Answers
Answer:
$156
Explanation:
he old price per basket is $0.50 per basket
the new supplier has a price of $0.40 per basket
Savings per basket is $0.10 ($.50- $0.40)
The average sales per month are 130 baskets.
The average savings per months will be
=$0.10 x 130
=$13
yearly savings will be
=$13 x 12 months
=$156
Explain the difference between uninsured and underinsured.
Answers
Which type of organzational chart shows the Vice Presidents of Marketing,
Manufacturing, Finance, and Human Resources reporting directly to the
CEO of a company?
Horizontal
Vertical
Functional
Matrix
Answers
Answer:
The correct option is;
Vertical
Explanation:
The organizational structure of most business are either vertical or horizontal
The vertical organizational structure is an hierarchical organizational structure where power comes from the top of the organizational chart towards the lower layers of the chart. The chain of command is adhered to and clearly defined designation of authority and responsibility such that the top most executive layers of the chart make decisions which the lower layers collaborate to put into effect.
3.) A special cereal mixture contains rice, wheat and corn in the ratio of
2:3:5. If a bag of the mixture contains 3 pounds of rice, how much corn
does it contain?
Answers
Answer:
7.5
Explanation:
Let R = rice.
Let W = wheat.
Let C = corn.
Let X = special cereal mixture
Given the following data;
Ratio of rice, wheat and corn = 2:3:5
Total quantity of rice = 3 pounds.
Ratio = 2 + 3 + 5 = 10
For rice;
2/10 * X = 3
Cross multiplying, we have;
2X = 30
X = 30/2 = 15
Therefore, the total quantity of the special cereal mixture is 15 pounds.
To find the total amount of corn;
C = 5/10 * 15
C = 75/10
C = 7.5 pounds.
Hence, the special cereal mixture contains 7.5 pounds of corn.
To find the total amount of wheat;
W = 3/10 * 15
W = 45/10
W = 4.5 pounds.
Check;
Special cereal mixture = rice + wheat + corn.
Special cereal mixture = 3 + 4.5 + 7.5
Special cereal mixture = 15 pounds.
Answer:
7.5 pounds of corn.
Explanation:
Rice=2x -> 3 pounds
Wheat=3x
Corn=5x
2x=3
x=1.5
5*1.5
=7.5
The larger the investment you make, the easier it will be to
Question 8 options:
get money from other sources.
guarantee cash flow.
buy insurance.
streamline your products.
Answers
Answer:
get money from other sources
Critical reading is a
a Theory
b. Process
C. Summarization strategy
d. None of these
Please select the best answer from the choices provided
A
В
C
D
Answers
Answer:C
Explanation:
Answer:
The correct answer for this question is B
A car dealership sells a car to a customer for $35,000. the customer makes a 10% down payment, and the dealership finances the remaining 90% in-house. how much will the car dealership record in accounts receivable for this customer
Answers
The car dealership will record $31,500 in accounts receivable for this customer, which represents the amount of financing that it has extended to the customer for the purchase of the car. In this case, the car dealership has sold a car to a customer for $35,000 and the customer has made a 10% down payment, which amounts to $3,500. Therefore, the remaining amount that the dealership needs to finance in-house is $31,500 (which is 90% of the total cost).
Since the dealership has not received the full payment upfront, it will record $31,500 as accounts receivable for this particular customer. This means that the customer owes the dealership this amount of money and is expected to pay it back over time, based on the terms of the financing agreement.
The dealership will need to keep track of this amount in its financial records, and also monitor the payments that the customer makes towards this outstanding balance. As the customer pays off the balance, the dealership will reduce its accounts receivable accordingly, until the full amount is received.
In conclusion, the car dealership will record $31,500 in accounts receivable for this customer, which represents the amount of financing that it has extended to the customer for the purchase of the car.
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If charis was living in ancient greece, whom might she have seen debating the usefulness of rhetoric? aristotle and cicero cicero and socrates aristotle and socrates socrates and cleisthenes
Answers
If Charis was living in ancient Greece, Aristotle and Cicero might she have seen debating the usefulness of rhetoric.
How did Cicero contribute to rhetoric?According to Cicero, in creating his art of rhetoric, he selected the best thoughts from a variety of thinkers and blended them like flowers in a bouquet, implying that he has control over the entire rhetorical heritage and can extract the best ideas for his own work.
What does rhetoric mean to the Greeks?Rhetoric, according to the renowned Greek philosopher Aristotle, is "the ability, in each individual instance, to recognize the various means of persuasion." Therefore, rhetoric can be defined as the skill of convincing someone else to share your viewpoints.
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A manager who involves members of the team in decisions is using which management style?
A.
Authoritarian
B.
Hands-off
C.
Participative
D.
Autocratic
Answers
Answer:
c.
Explanation:
Answer:
i think its c) to
Explanation:
carlos is from mexico and has been hired as a warehouse manager for a company in brazil. the company in brazil is owned by a company in the united states. which of these countries would be considered a third country in this scenario?
Answers
If Carlos is from Mexico and has been hired as a warehouse manager for a company in Brazil. The company in Brazil is owned by a company in the United States. The countries that would be considered a third country in this scenario is Mexico.
Which country is Mexico?In the hypothetical situation, Carlos a warehouse manager for a business in Brazil is from Mexico. A business in the United States owns the Brazilian company. The phrase third country in this case refers to a nation that is not directly involved or represented in the hypothetical situation.
Mexico would be regarded as a third country in this situation. Although Carlos is from Mexico, he is currently residing in Brazil and the company is owned by a US-based business. Mexico is the third nation because it is distinct from both Brazil and the United States and is not directly involved or portrayed in the scenario.
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List 7 types of media's with notes about them. Or less.
Answers
Answer:
good
Explanation:
Print Media (Newspapers, Magazines)
Broadcast Media (TV, Radio)
Outdoor or Out of Home (OOH) Media.
Internet.
6. Describe at least three things a bank would consider about you when deciding whether to give you a loan. (1-3 sentences. 3.0 points)
Answers
Explanation:
Your Credit History
Your Ability To Pay The Loan
Your Cash Flow History
why is it so important to check the accreditation of a private higher leaning institution?Explain Three reasons
Answers
Answer:
Explanation:
Accreditation helps determine if an institution meets or exceeds minimum quality standards. It also helps students determine acceptable institutions for enrollment. Accreditation assists institutions in determining acceptability of transfer credits.
ustomer relationship management systems typically provide software and online tools for sales, customer service, and:
Answers
Software and online tools for sales and software and online tools for customer service are typically provided by customer relationship management systems. Here options A and B are the correct answer.
Customer relationship management (CRM) systems are designed to help businesses manage and analyze interactions with their customers and potential customers. These systems typically provide software and online tools for sales and customer service, which are two key areas where businesses interact with customers.
Sales tools provided by CRM systems often include features like lead tracking, contact management, and sales forecasting. These tools can help businesses manage their sales pipelines, prioritize leads, and track their progress toward meeting sales targets.
On the other hand, customer service tools provided by CRM systems can include features like ticket tracking, case management, and knowledge base management. These tools can help businesses provide efficient and effective support to their customers, and ensure that customer issues are resolved in a timely manner.
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Complete question:
Which of the following is typically provided by customer relationship management systems?
A) Software and online tools for sales
B) Software and online tools for customer service
C) Software and online tools for inventory management
D) Software and online tools for project management
ways in which landscape can be created .plz answer this
Answers
Answer:
finding land and making the land into wha ever yu want
Explanation:
hopes this helps
A benefit of using association is that it allows the learner to be creative and have fun
Answers
Answer: True
Explanation:
Answer:
True
Explanation:
Vesting refers to
A) the employer's right to terminate contributions if a pension plan is adequately funded.
B) the employer's right to recapture employee contributions to a pension plan if employment terminates prior to retirement.
C) the employee's right to the employer's contributions or benefits attributable to the contributions if employment terminates prior to retirement.
D) the employer's right to discriminate against non-highly compensated employees when determining pension benefit levels.
Answers
Vesting refers to the employee's right to the employer's contributions or benefits attributable to the contributions if employment terminates prior to retirement. Option C is correct.
It is a process by which an employee becomes entitled to employer contributions to their pension plan. Vesting schedules are used to determine when an employee is eligible to receive the employer's contributions, and they can vary by employer and plan. Typically, an employee must meet certain requirements, such as working for the company for a certain number of years, before becoming fully vested in their pension plan. Once an employee is fully vested, they are entitled to receive the full value of the employer's contributions to their plan.
This is an important protection for employees, as it ensures that they will receive the benefits that they have earned if they leave their job before retirement. It also helps to incentivize employees to stay with their employer, as they know that they will be rewarded for their loyalty. Vesting is an important aspect of retirement planning, and employees should be aware of the vesting schedule for their pension plan in order to make informed decisions about their career and retirement.
Option C is correct.
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According to the U.S. Department of Labor, the average American has had how many jobs before the age of 32?
a.
four
b.
at least eight
c.
three or fewer
d.
one or two
Answers
Answer:
at least eight
Explanation:
Information released by the Bureau of Labor Statistics via different media indicates that by age 32, an average American will have worked an average of 8.2 jobs.
See the extract below.
"--Individuals held an average of 8.2 jobs from ages 18 through 32, with over half of these jobs being held between the ages of 18 and 22".
I think I have the correct answers but I would like a second opinion
Answers
Answer:
the answer is c
Explanation:
3 is in the hundreds
The following areas of law are relevant to this case study: Corporations Law, Environmental Law, Administrative Law, Criminal Law, Competition and Consumer Law, Property Law, Tort Law, Energy Law, Employment Law and Contract Law. With reference to the facts in the case study, describe how three (3) of these areas would apply to bring justice to those who have been wronged by the conduct of PG&E? (500-600 words)
CASE STUDY
On the morning of 8 November 2018, California saw its deadliest and most destructive wildfire in history consume the entire town of Paradise. Originating from Camp Creek Road, the ‘Camp Fire’ quickly spread across 153,336 acres over the course of 17 days, destroying more than 19,000 buildings and claiming 85 lives. The incident sparked an investigation by Californian regulators, which revealed that the ignition was caused by electrical transmission lines owned and operated by Pacific Gas and Electricity Company (PG&E). PG&E faced heavy financial penalties and criminal charges of involuntary manslaughter relating to one of the most devastating wildfire incidents in California. Initially, its liability was estimated to exceed US$30 billion, more than three times the company’s market value of just over US$9 billion. This led to the resignation of Chief Executive Officer Geisha Williams. Almost three months after the outbreak of Camp Fire, PG&E filed for Chapter 11 with the United States Bankruptcy Court in the Northern District of California. The objective of this case is to facilitate a discussion of issues such as board composition; board responsibilities; corporate culture; remuneration; risk management; and external environmental, social and governance (ESG) ratings.
Answers
Answer: Three relevant areas of law that would apply to bring justice to those who have been wronged by the conduct of PG&E in the case study are Environmental Law, Tort Law, and Contract Law.
1) Environmental Law:
Environmental Law would be applicable to hold PG&E accountable for the damages caused by the Camp Fire. This area of law focuses on protecting the environment and preventing harm to natural resources. PG&E's negligence in maintaining and operating its electrical transmission lines resulted in a massive wildfire, destroying thousands of buildings and causing significant environmental damage. Environmental regulations and standards would come into play to assess PG&E's compliance and potential violations. By enforcing strict penalties and remediation measures under Environmental Law, the justice system can hold PG&E responsible for its actions and ensure that necessary steps are taken to mitigate the environmental impact.
2) Tort Law:
Tort Law would also be relevant in seeking justice for the victims of the Camp Fire. This area of law deals with civil wrongs and provides remedies to individuals who have suffered harm or losses due to the negligence or intentional misconduct of others. The victims of the wildfire can bring forth claims against PG&E for negligence, as the company failed to exercise reasonable care in maintaining its equipment and preventing fires. The damages sought could include compensation for property loss, medical expenses, emotional distress, and other economic and non-economic losses suffered by the victims. Tort Law would provide a legal framework to assess the extent of PG&E's liability and determine appropriate compensation for the affected individuals and communities.
3) Contract Law:
Contract Law would be relevant to hold PG&E accountable for any contractual obligations it had towards its customers or other stakeholders. This area of law governs the formation, interpretation, and enforcement of contracts. In this case, PG&E may have entered into contracts with its customers, guaranteeing the provision of safe and reliable electrical services. By failing to fulfill its contractual obligations, PG&E breached the terms of these agreements. Contract Law would provide a basis for affected individuals and businesses to seek remedies, such as damages or specific performance, for the breach of contract. It would ensure that PG&E is held responsible for its contractual commitments and provide a legal avenue for affected parties to seek compensation for their losses.
By applying Environmental Law, Tort Law, and Contract Law, the justice system can address the wrongs committed by PG&E and ensure that the affected individuals and communities receive appropriate remedies and compensation for their losses.
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Two teams of students are preparing for a debate in their economics class. Each team will argue for an economic goal. Dave's team will start by focusing on a goal shared by all market economies having to do with trying to keep the cost of goods and services from changing. What term should Dave use to introduce the first goal he will be discussing during the debate?
Answers
Dave should use the term "price stability" to introduce the first economic goal he will be discussing during the debate.
What is the price stability goal?Price stability is the state in which a country's currency maintains purchasing power by maintaining low and stable inflation over the medium term (three to five years), as measured by the Consumer Price Index. Price stability does not mean that prices will not change. This means that prices are rising at a moderate pace.
What is the goal of price stability?A stable price ensures that money retains its value and helps people and businesses better plan their spending and investments. This helps the economy grow, creating jobs and wealth.
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3. Which aspect of professionalism do you feel that you are weakest at? Explain why you think so. Describe at least one thing you could do to improve at it. (1-3 sentences. 2.0 points)
Answers
There are several aspects of professionalism that an individual is able to hone, such as communication skills for example.
How to develop communication skills?Communication can be improved through self-confidence and listening skills. It is essential to establish the plan when communicating an important message, with attention to the effectiveness of the channel and the clarity and objectivity of the communication.
Therefore, communication is an essential skill of professionalism that must be developed through openness to experience and dedication.
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When a long-term note is given in exchange for equipment, the amount considered as paid for the machine is:_________-
Answers
When a long-term note is given in the exchange for equipment, the amount considered as paid for the machine is the Present Value of the note payments discounted at the market rate.
Present Value means the current value of a future sum of money. It is also known as the the cash flow given in specified rate of return. Cash flows are discounted at discount rate and higher the discount rate. Present value states amount of money today is worth more than same amount in future. Calculation of Present value involves the assumption of the rate of return can be earned on the funds over the period. It is calculated by taking the expected cash flows of an investment and discounting them to the present day value.
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According to the unit, what percentage of shoppers used a coupon in 2012?
A. 78%
B. 85%
C. 93%
D. 100%
Answers
today's world, 96% of consumers have used a coupon in the past 90 days. JC Penney tried to break consumers of the coupon habit in 2012 and quickly saw a 23% drop in sales for the first three quarters of 2012. If JC Penney couldn't change people's shopping behavior, you probably can't either.n: so i guess its c
Answer:
78%
Explanation:
I take nutrition and wellness, and this was the correct answer for me. Just took the test as well :P
The exchange rate for a stable country:
-remains the same unless there is political change.
-changes based on supply & demand
-is based on the U.S. Dollar.
-is based on gold.
Answers
Answer:
The exchange rate for a stable country:
Explanation:
The exchange rate of a stable economy changes based on the market forces of demand and supply. The demand and supply for a country's currency will be influenced largely by prevailing economic conditions in that country. Political and other social reasons will not affect the exchange rate of the country.
An increase or decrease of a country's products in the international market is one of the reasons for an increase or decrease in the demand for its currency.
Integrated marketing communication (IMC) requires a big-picture view of promotional planning; a total strategy that includes all marketing messages. You work for a multinational beverage company headquartered in Singapore. You have been put in charge of developing comprehensive marketing communication packages and want to ensure that you maximize the benefits for your company. To reach this goal, you work with department heads around the world to ensure that marketing and communications objectives support the corporate mission and strategies, and keep all staff informed about new developments. You also work with external partners, including advertising and PR agencies, to achieve a cohesive message for your brand and products. Which of the following statements is most likely to be true about your IMC effort? a. Your target market will be identified after the company has established an IMC strategy. b. Sending a unified positive message about your company is often not a priority. c. Developing multinational integrated marketing communication is likely to contribute to the duplication of communication efforts. d. IMC challenges the notion that your advertising, personal selling, direct marketing, and other components of the worldwide promotion mix must stand alone.
Answers
Answer: IMC challenges the notion that your advertising, personal selling, direct marketing, and other components of the worldwide promotion mix must stand alone
Explanation:
Option A is wrong as the target market will not be identified after an IMC strategy has been established by the company.
Option B is wrong because it's important to send a positive message that's unified about the company.
Option C is wrong as the development of the multinational integrated marketing communication won't lead to the duplication of communication efforts.
The statement that is true about the IMC effort is that "IMC challenges the notion that your advertising, personal selling, direct marketing, and other components of the worldwide promotion mix must stand alone.
Therefore, the correct option is D.