quixlet The ________ the portion of your income spent on a good, the ________ is your demand for the good.

Answers

Answer 1

The smaller the portion of your income spent on a good, the higher is your demand for the good. A basic economic concept is the relationship between price and demand.

When a good's price rises, people want to purchase less of it.

This relationship between the price of a good and the quantity demanded of it is known as the law of demand.

The amount of a good that a person is willing to buy at various prices is known as demand.

When prices rise, we expect consumers to demand less, and when prices fall, we expect consumers to demand more.

Therefore, the smaller the portion of your income spent on a good, the higher is your demand for the good.

This is because, when people have more disposable income, they tend to buy more goods and services, which boosts demand.

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Answer 2

The answer to the question is the following Quixlet The lower the portion of your income spent on a good, the higher is your demand for the good.

Explanation Quixlet is not a term used in economics, and so it cannot be used to answer this question. However, there are two essential terms used in economics, namely, income and demand.Income is the money an individual or a household receives regularly, typically from employment, business dealings, or investments. In contrast, demand refers to the willingness and ability of consumers to purchase a good or service at a given price.

When the price of a good is high, the amount of income that a consumer spends on the good will also be high. On the other hand, when the price of a good is low, the amount of income that a consumer spends on the good will also be low. Therefore, the lower the portion of an individual's income spent on a good, the higher their demand for that good.

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Related Questions

vatiman which provides immunity​

Answers

Answer:

huh don't really understand this buddy

Answer:

\(vitamin \: c\)

hope that will help you

6. Identify a change in technology during each of the time periods in history below that you believe improved the
way marketing activities were completed. List the example and explain how it contributed to marketing during
that time.
(a) 1900s to 1930s
(b) 1930s to 1950s
(c) 1950s to 1980s
(d) 1980s to today
Answer:

Answers

Answer:

Prior to the 1950s, the production orientation generally held true due to the growing numbers of affluent and middle class people that capitalism had created.

Say’s Law states that the “production of commodities creates, and is the one and universal cause which creates, a market for the commodities produced”.

The emphasis of firms adopting a production orientation of marketing would have been based on the theory of economies of scale, which are the cost advantages that an enterprise obtains due to expansion.

HELPPPP. Which of the following businesses would probably not have a change fund?
(A) drugstore.
(B) supermarket.
(C) lawyer’s office.
(D) newsstand.

Answers

Answer:

C. Lawyer's office

Explanation:

A change fund consists of bills and coins that are used to make change for cash transactions.

What term is used to describe the communication between a buyer and seller in which the seller's goal is to influence the buyer to make a purchase?

Answers

The term that is used to describe the communication between a buyer and seller in which the seller's goal is to influence the buyer to make a purchase is Personal selling.

What Exactly Is "Personal Selling"?

Personal selling, usually referred to as face-to-face selling, is the process of one salesperson persuading a consumer to purchase a product. It is a type of advertising where the salesperson employs their knowledge and talents in an effort to close a deal.

Personal selling is a face-to-face sales strategy where a salesman uses their people abilities to convince a consumer to purchase a specific product. The salesperson tries to persuade the consumer that the product will only add value by emphasizing its different qualities. However, the goal of personal selling is not always to convince a client to purchase a product. Frequently, businesses attempt to adopt this strategy.

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If the resources that an entrepreneur uses have a higher value if used for other production, the entrepreneur will

Answers

Answer:c

Explanation:

An entrepreneur should focus his or her efforts on ventures that will provide the most profit.

If they invested in something else, they would lose money since the project they chose would yield less profit than the optimal one that would have yielded more.

Thus, Lose Money is correct.

What is the most important resource for business owners?

Human capital, sometimes known as "talent" or "employees," was frequently the most highly regarded resource among those polled.

Management and technical workers were regularly mentioned as being very significant by respondents. Debt and equity capital are used to provide access to funding or finance.

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Define local technology .

Answers

a source of internet, or WIFI that's close to you. Local= near Tech= phones, computers, etc.

are most appropriate when a firm already has the appropriate knowledge and capabilities that it can leverage rather easily through multiple locations in many countries. a. strategic alliance b. licensing agreements c. joint ventures d. wholly owned subsidiaries

Answers

Wholly owned subsidiaries are most appropriate when a firm already has the appropriate knowledge and capabilities that it can leverage rather easily through.

Subsidiaries can receive tax blessings, particularly if a subsidiary is organized in a one-of-a-kind nation or the united states. easier mergers and acquisitions. Subsidiaries can merge or sell company subdivisions easier and cheaper than if they turned into a discerning company. Nonprofit benefits.

Usually, businesses take ownership of subsidiaries to increase the variety of their products and services beyond what could be expected from the determined organization's emblem. the purchase of a hobby in a subsidiary differs from a merger because the parent corporation can acquire a controlling interest with smaller funding.

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A job search should be treated like a full time job.
True or False

Answers

Answer:True in some cases

Explanation:

True.. it could be easy to prevent frequent turnover of employees and a pleasant job satisfaction

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when will the irs start releasing refunds with earned income credit

Answers

Keep in mind that refunds that include the Additional Child Tax Credit (ACTC) and Earned Income Tax Credit (EITC) cannot be granted until mid-February. We are unable to release an EITC or ACTC refund before the middle of February.

Do you consider refunds to be earnings?

Because it lowers your business expenses, a refund is a specific kind of expense transaction (as though the original purchase was for a lesser amount). The revenue shouldn't be reported.

What is the procedure for receiving a tax refund?

When you file your income tax return, the assessment officer must approve of the form's income tax calculation. The officer may grant your request for a tax refund if the balance of your advance tax payment, as shown on Form 26AS, is greater than your tax obligation, as shown on the filed ITR.

A refundable tax benefit for low- and moderate-income employees is the earned income tax credit, sometimes referred to as the EITC or EIC.

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what is shareholders and can u give me an example​

Answers

Answer:

The definition of a shareholder is a person who owns shares in a company. Someone who owns stock in Apple is an example of a shareholder

Explanation:

Answer:

Someone who owns stock in Apple is an example of a shareholder.

Explanation:

kobe is part of a group of managers at earthbound engineering examining whether the company should offer some significant new services that would increase business by appealing to a different group of potential clients. kobe's group is involved with

Answers

Kobe's group is involved in strategic planning. The process by which an organization's leaders establish their vision for the future and its goals and objectives is known as strategic planning.

How does strategic planning work?

Establishing the order in which those objectives should be accomplished is part of the procedure, which is necessary for the organization to realize its stated vision.

Strategic planning focuses on mid- to long-term goals, which typically last three to five years, but they can last longer. Business planning, on the other hand, usually focuses on short-term, tactical goals like how a budget is divided. A strategy can cover anyplace from a couple of months to quite a while.

It regularly shows up in an arrangement report or other type of media. These plans are simple to share, comprehend, and put into action for employees, customers, business partners, and investors alike.

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Which of the following industries most closely approximates the conditions of the oligopoly model? A. restaurants B. retail clothing C. home construction D. airlines

Answers

The airline industry’s characteristics of limited competition, dominant firms, and high barriers to entry align closely with the oligopoly model. Therefore the correct option is option D. Airlines. An oligopoly is a market structure in which a few large firms dominate the industry, resulting in a limited number of competitors.

In the airline industry, a few major carriers such as Delta, American, and United control the majority of the market share. This allows them to influence prices and limit competition through strategic alliances, mergers, and acquisitions. Additionally, the airline industry is characterized by high barriers to entry, making it difficult for new firms to enter the market. This is due to the significant capital required to purchase aircraft, obtain landing rights, and maintain regulatory compliance.

As a result, the industry remains dominated by a small number of players, leading to a concentrated market with limited competition.

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please help!!! thank you

please help!!! thank you

Answers

the answer is A, sole trader

rae, a designer for a business that installs underground sprinkler systems for residential and commercial customers, is experiencing some frustration. she has two bosses, bill and bailey, who both share the ownership responsibilities of the business. while bill is in charge of commercial accounts, bailey is in charge of residential accounts. sometimes, however, bill and bailey double book rae's time, creating irritations and animosity. since they share managerial responsibility, there is no clear way to decide whose accounts are most important. this type of situation represents a violation of fayol's principle of

Answers

The unity of command premise of Fayol is broken in situations like this.

Which of the following best defines a team of workers from several departments who collaborate on a regular basis?

A cross-functional team is a workgroup made up of staff members from various functional departments who cooperate to accomplish a given goal.

In the list of possible answers, which of the following is a line organization's benefit?

To provide people with guidance along the way, specialists are not necessary.

What are some typical reactions of employees to change?

Fear, uncertainty, and worry are typical emotional reactions to change. It's possible that workers won't be able to express their emotions. Or maybe they don't want to tell the boss.

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1. Visualize yourself as the manager of an athletic club. Give three examples of data you might be able to use in making decisions about how to improve the profitability of the club.
2. What is the difference between a milestone chart and a to-do list?
3. Describe at least two possible job applications for a PERT network.
4. What similarity do you see between the purposes of break-even analysis and a decision tree?
5. How might the Pareto Principle apply to the profits an automobile company earns on the sales of its vehicles?

Answers

1) membership trends, facility usage, financial data 2) a milestone chart represents events, a to-do list consists of tasks to complete project 3)  project and operations management 4) both tools support decision-making processes 5) 80% of company's profits are generated from 20% of its models.

As the manager of an athletic club, three examples of data you could use to improve profitability include: membership trends (new sign-ups, renewals, and cancellations), facility usage data (peak hours, equipment usage, and class attendance), and financial data (revenue, expenses, and profit margins).


The difference between a milestone chart and a to-do list is that a milestone chart represents significant events or accomplishments in a project's timeline, while a to-do list consists of individual tasks required to complete a project or reach an objective.


Two possible job applications for a PERT (Program Evaluation and Review Technique) network include project management roles, where the PERT network can be used to plan and monitor project timelines and resources, and operations management roles, where the PERT network can optimize workflow processes and resource allocation.


The similarity between the purposes of break-even analysis and a decision tree is that both tools are used to support decision-making processes. Break-even analysis helps determine the minimum sales required to cover costs, while decision trees visualize various outcomes and their probabilities to identify the best course of action.


This could inform strategic decisions, such as focusing marketing efforts or resources on the most profitable models to maximize overall profits.

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activities of governmental funds are said to be , which means the focus is on the receipt and expenditure of resources'. true or false?

Answers

Governmental funds, such as general funds or special revenue funds, are primarily concerned with the receipt and expenditure of resources. Hence the statement is true.

These funds are established to account for and track financial transactions related to public resources, such as taxes, fees, grants, and other revenue sources.

The primary objective of governmental funds is to ensure proper management and accountability of public funds. They focus on the inflows and outflows of financial resources and are typically used for activities such as public services, infrastructure development, and welfare programs.

By emphasizing the receipt and expenditure of resources, governmental funds aim to maintain transparency and fiscal responsibility in the public sector.

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They have fixed costs of £200 per month Each item's raw materials cost £50 The items sell for £150 each


What is the Break Even Point for the business?

Answers

Answer:

2 unit

Explanation:

The break-even point is that point at which a business makes no profit after settling all the necessary fixed cost for the period. It is the point preceding profit making at which costs are recovered

It is calculated by dividing the fixed costs with the sales revenue less the variable cost per unit of an item.

Workings

Fixed cost = 200

Selling price = 150

Variable cost = 50

Break even point = 200/(150-50)

=2 units

Any sales below this ends up in a loss as the fixed cost will not be fully recovered.

Make a business plan with a :

Detail of Sale.
Name
Cost price of products
Selling price
Expected Profit
Target market
Capital
1How much is required??
2From where are you going to get it from
Marketing strategy
Products for sale​

Answers

gggggggggggggggggggggggggggggggggggggggggggggggggggggggg

Audit procedures designed to uncover credit sales made after the client's fiscal year end that relate to the current year being audited provide evidence for which of the following audit objective?
A) Realizable value
B) Accuracy
C) Cutoff
D) Existence

Answers

The audit procedures designed to uncover credit sales made after the client's fiscal year-end that relate to the current year being audited provide evidence for the C) Cutoff audit objective.

The cutoff audit objective relates to ensuring that transactions are recorded in the appropriate accounting period.

involves verifying that revenue and expenses are recognized in the  period, based on the client's fiscal year-end.

In this case, the audit procedures aim to identify credit sales made after the fiscal year-end but recorded in the current year being audited. By doing so, the auditors can assess whether the cutoff of sales transactions has been appropriately applied. This helps determine if revenue is recorded in the  period and if the financial statements reflect the appropriate timing of sales.

The other audit objectives mentioned are:

A) Realizable value: This objective focuses on assessing the collectability of accounts receivable and determining if they are stated at a realistic value.

B) Accuracy: The accuracy objective pertains to verifying the mathematical accuracy of financial information and ensuring that it is free from material misstatements.

D) Existence: The existence objective relates to confirming the existence of assets, liabilities, and transactions, ensuring that they are valid and actually exist.

While these objectives are important in an audit, the specific scenario of uncovering credit sales made after the fiscal year-end aligns with the cutoff objective (C) as it addresses the timing of transactions.

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A flower shop uses software to execute transactions that is ten-years old. It is often slow and ineffective. What type of influence is affecting this business?


external

economic

governmental

internal

Answers

Answer:

Internal

Explanation:

The problem is the flower shop’s software. The flower shop needs to update or buy a different up-to-date software like ASAP.

he said to me "no sir I did not quarrel with your servant yesterday"
change into indirect ​

Answers

not sure if it’s right but


he said “no i did not quarrel with the servant yesterday”

Answer:

He denied that he quarreled with my servant the previous day

What is the purpose of credit legislation and what is its impact on individuals, companies, and financial institutions?

Answers

Answer:

here ;)

Explanation:

Its purpose is to protect consumers obtaining credit to finance their transactions, ensure that adequate credit is provided, and govern the credit industry in general. In 1968, Congress passed the Consumer Credit Protection Act in part to regulate the consumer credit industry.

Broad areas of human creativity involving analysis of values are collectively referred to as __________.

Answers

Broad areas of human creativity involving analysis of values are collectively referred to as the humanties

How does Ana spend her time in seedfolks?

Answers

Answer:

B

Explanation:

Got it right on edg 2020

the process of an economy adjusting from a recession back to potential gdp in the long run without any government intervention is known as group of answer choices fiscal policy. an automatic mechanism. monetary policy.

Answers

The process of an economy adjusting from a recession back to potential GDP in the long run without any government intervention is known as fiscal policy.

The two essential examples of expansionary fiscal policy are tax cuts and multiplied government spending. both of those guidelines are intended to increase the mixture call for while contributing to deficits or drawing down budget surpluses.

Financial coverage is the manner by using which the government adjusts its spending and sales to persuade the broader financial system. by means of adjusting its stage of spending and tax sales, the authorities can affect the economic system by using both growing or lowering monetary interest inside the brief time period.

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A consumer's lifestyle is represented by is his/her AIOs. AIO stand for
a. attitudes, introspection and options.
b. alternatives, individualism and oneness.
c. activities, interests and opinions.
d. actions, ideology, and oppositions.
e. The acronym AIO does not stand for anything

Answers

A consumer's lifestyle is represented by his/her AIOs. AIO stands for activities, interests, and opinions.

AIO is a marketing research acronym that stands for activities, interests, and opinions. It is used to represent a consumer's lifestyle and is often used in market segmentation to target specific consumer groups.

Activities refer to the things that a consumer does, such as hobbies, sports, and other leisure activities. Interests refer to the things that a consumer enjoys, such as music, fashion, and travel. Opinions refer to the beliefs and attitudes that a consumer has about various products and services, as well as broader social and political issues.

By understanding a consumer's AIOs, marketers can create targeted marketing campaigns that appeal to specific consumer groups. For example, a company selling outdoor gear might target consumers who are interested in hiking, camping, and other outdoor activities.

In conclusion, a consumer's lifestyle is represented by his/her AIOs, which stands for activities, interests, and opinions. By understanding a consumer's AIOs, marketers can create targeted marketing campaigns that appeal to specific consumer groups, ultimately leading to more effective marketing and higher sales.

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Which portion would not be part of an investment portfolio? ( A ) A SAVINGS 529 PLAN ( B ) Equity investments in a company ( C ) a saving account ( D ) Commodities funds I picked ( A ) and it was wrong but when I checked 5.07 Unit Test: Saving and Investing Quiz flashcards it says ( a ) so where I go wrong. plus i got number 1 wrong to it says . ( 1 ) Which situation is a good reason to have a financial reserve that's larger than normal?

, having a large monthly car payment, ,


being able to find another job quickly if needed - I picked this one wrong again but the flash card said its this one




having mostly discretionary expenses




having an income that is fairly predictable

Answers

The portion that would not be part of an investment portfolio is : ( C ) a saving account

The situation that  is a good reason to have a financial reserve that's larger than normal is: A. Having a large monthly car payment.

Which portion would not be part of an investment portfolio?

1. Option C, a saving account, would not be part of an investment portfolio as it is a basic bank account that offers low interest rates and is typically used for saving money rather than investing.

The other options, A, B, and D, are all investment options that can be included in an investment portfolio

2. Having a large monthly car payment is a situation that would warrant having a financial reserve that's larger than normal. This is because the car payment is a fixed expense that must be paid every month, and in the event of a financial emergency or unexpected expense, having a larger financial reserve can provide a cushion and prevent defaulting on the car payment.

It is always a good idea to have a financial reserve that can cover at least three to six months of expenses, regardless of the specific situation.

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What was the biggest challenge to getting the airplane to fly

Answers

Answer:by usin rocket flue that’s what my 8th grade teacher said -Tokyo

Explanation:

Answer:

Wings with enough surface area and the proper curve to provide lift.

A means to control the direction of the aircraft's movement.

A lightweight source of power.

Explanation:

Is it wright brothers???

Based on the following information, compute the cost of goods sold for Spengler Merchandising Corporation. Sales $400,000 Purchases $300,000 Beginning inventory $50,000 Ending inventory $90,000 Selling expenses $70,000 Administrative expenses $30,000 Accounts receivable $110,000

Answers

The company had a beginning inventory of $50,000, made purchases totaling $300,000, and ended with an inventory worth $90,000. By subtracting the ending inventory from the sum of the beginning inventory and purchases, we find that the cost of goods sold is $260,000.

To compute the cost of goods sold for Spengler Merchandising Corporation, we can use the formula:

Cost of Goods Sold = Beginning Inventory + Purchases - Ending Inventory

Based on the given information:
- Sales = $400,000
- Purchases = $300,000
- Beginning inventory = $50,000
- Ending inventory = $90,000

Using the formula, we can calculate the cost of goods sold:
Cost of Goods Sold = $50,000 + $300,000 - $90,000 = $260,000

Therefore, the cost of goods sold for Spengler Merchandising Corporation is $260,000.

It's important to note that the cost of goods sold is the amount spent on acquiring or producing the goods that have been sold during a specific period. It includes the cost of the beginning inventory, purchases made during the period, and subtracts the cost of the ending inventory to determine the total cost of the goods sold.

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The cost of goods sold for Spengler Merchandising Corporation is $260,000.To compute the cost of goods sold (COGS) for Spengler Merchandising Corporation, we can use the formula:

COGS = Beginning Inventory + Purchases - Ending Inventory
Given the information provided:
Sales = $400,000
Purchases = $300,000
Beginning Inventory = $50,000
Ending Inventory = $90,000

Using the formula, we can calculate COGS as follows:
COGS = $50,000 + $300,000 - $90,000
COGS = $260,000

Therefore, the cost of goods sold for Spengler Merchandising Corporation is $260,000.
COGS represents the direct cost of producing goods or services sold by a company. It includes the cost of raw materials, direct labor, and manufacturing overhead.

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What does it mean to maximize deductions and credits on your taxes.

Answers

Reduce your tax income, itemizing your deductions means maximize your tax savings. The befits is that it allows you to claim a larger deduction that the standard deduction.
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the iso 27005 standard for information security risk management includes five stages including all but which of the following? question 8 options: a. risk assessment b. risk treatment c. risk communication d. risk determination aburrido aburrido aburrido aburrido aburrido aburrido for a particular asset, a company may not use the straight-line depreciation method for financial reporting while using the double-declining-balance (ddb) method for its tax return. select one: a. true b. false An investor has $20,000 invested in a mutual fund with a sales charge of 8%. The fund offers a breakpoint of 4% for investments of $25,000 or more. If the investor deposits an additional $10,000, how much does the investor pay in sales charges under rights of accumulation? Your organization is considering virtualization solutions. Management wants to ensure that any solution provides the best ROI. Which of the following situations indicates that virtualization would provide the best ROI?a. 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