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Amiraneli [1.4K]
2 years ago
8

A demand curve that is horizontal indicates that the commodity ______ while a demand curve that is vertical indicates that the c

ommodity ________
Business
1 answer:
ipn [44]2 years ago
5 0

Answer:

1.  has a large number of substitutes

2. Do not know the answer.

Explanation:

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Jack works in a clothing store at the mall. He is paid on commission, so the more he sells the more money he makes. When a custo
vovangra [49]

Answer:

Egoism

Explanation:

Jack reason follows the philosophy of egoism where he is always trying to act for his own benefits (commission). Jack acts humbly, and pay attention to his customers because it is in his best interests to make them like him, the cloth(es) and buy his clothing item(s). Jack is actually after his self interest.

4 0
2 years ago
Helen is a U.S. citizen and a CPA who moved to London, England, three years ago to work for a British company. This year, she sp
True [87]

Answer and Explanation:

$102100 is the foreign earned income exclusion limit for 2017 , therefore Helen who is a U.S. citizen can exclude $102100 from gross income in the U.S.

7 0
2 years ago
Suppose Congress passes legislation that offers subsidies to orange farmers. The impact on the market for orange juice will be a
Dmitrij [34]

Answer:

<u>the supply curve</u>

Explanation:

Remember the supply curve shows the relationship between the amount of a commodity that a producer (or orange farmer) is <em>willing </em>to offer and at a particular price at any given time.

Because of the subsidies to orange farmers we expect the price of orange to become lesser in the future. Therefore the rightward shift occurs in supply curve for oranges due to favorable changes such as the new legislation which may lead to:

  1. Reduction in tax,
  2. Reduction in cost of factor of production,
  3. Expectation of fall in price in future,

3 0
2 years ago
It is the end of the year and holiday sales are beginning. To remain competitive the manufacturers of ice scrapers for cars run
Alika [10]

Answer:

The correct answer is (b)

Explanation:

Sale promotion is an effective way to improve short-term sales and at the same time attract new potential buyers.  Ice scrapers sale promotion strategy will help them to increase their sales revenue. As they are offering buy two get one free sale on black Friday the overall prices will decrease that will increase the demand.

6 0
2 years ago
A firm is 40% financed by debt with a yield-to-maturity of 8.5%. The equity has a beta of 1.3, the market risk premium is 8.4% a
rjkz [21]

Answer:

11.076%

Explanation:

The computation of the WACC is shown below:

= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of  common stock) × (cost of common stock)

= (0.40 × 8.5%) × ( 1 - 34%)+  (0.60 × 14.72%)

= 2.244% + 8.832%

= 11.076%

The cost of common stock is

= Risk free rate of return + Beta × market risk premium

= 3.8% + 1.3 × 8.4%

= 3.8% + 10.92%

= 14.72%

5 0
2 years ago
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