assume that a 4 percent increase in income results in a 2 percent increase in the quantity demanded of a good. the income elasticity of demand for the good is

Based on the assumption that Zantano Corporation uses accrual accounting, the sale would be recorded in June 25.

The Accrual basis of accounting is a system that calls for expenses being recorded when they were incurred and not when they were paid for. It also calls for revenue to be recorded when the company delivers the goods that it sold and not when the sales were paid for.

Zantano Corporation sold $1,000 worth of goods on June 25 which meant that it delivered these goods to the customer on the same date. The customer did not however pay for the goods and instead bought it on credit. By the Accrual basis however, the sale was delivered by Zantano Corporation on June 25th and so when recording the sale, it would be recorded as having happened on June 25.

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The coverage of the public sector relates to:

Through the expansion of infrastructure, it encourages quick economic growth. It generates job opportunities. It produces money for more expansion. It guarantees income and wealth equality, promoting balanced regional growth.

Personal consumption, corporate investment, government spending, and net exports are the four main components of the gross domestic product. 1 That reveals what a nation excels at generating. The nation's annual total economic production is measured by its GDP.

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For their home display, Jonathan and his colleague Drew must complete documentation to meet vendor standards. An essential foundation for contract writing is the exchange of value; offer and acceptance. Choice B

Below, this is further discussed.

In general, Jonathan and his partner Drew are aware that they must draft an agreement with conditions for cooperating with the suppliers of construction supplies and items for home décor staging for their house show.

The Exchange of value, offer, and acceptance is a crucial aspect they should both keep in mind while negotiating a contract. Choice B

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The money that will be in account would be $8.680

Here, the deposits which are thus made in the account represent an annuity pattern as the deposits made are of a constant amount. They are are made after equal interval of time and are for a defined time period.

Thus, in order to calculate the value of money that we will have after the end of 7 years, we will use the formula for the future value of annuity.

The formula for the future value of annuity is used below.

FV = $1 * [ (1+0.071)^7 - 1 / 0.071 ]

FV = $8.680

Hence, the money that will be in account would be $8.680

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Based on the amount you deposited into the bank account now and the second deposit at year end, the balance of the account after the second deposit would be $628

First, find the balance that would have accrued at the end of the year based on your first deposit and the interest rate:

= Amount deposited x ( 1 + interest rate per year) ^ number of years

= 400 x ( 1 + 7%) ^ 1

= 400 x ( 1 + 7%)

= 400 x 1.07

= $428

The amount right after the second deposit will be:

= First deposit plus interest + Second deposit

= 428 + 200

= $628

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It is crucial to use as many pertinent keywords as you can in your resume because their purpose is to catch the attention of hiring managers by closely matching the job description.

Having keywords helps your resume stand out against all other candidates because most recruiters and hiring teams scan resumes for relevant experience.

Resumes are used to make a good impression on potential employers. The first thing an employer sees about a candidate's potential is their resume.

Many employers believe that the "skills" section of a resume is the most crucial. Even if a candidate lacks experience, they should still possess the necessary skills and exhibit growth potential. A candidate should have a variety of skills to show that they have a range of interests.

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Gross income = $2,550 salary x 12 = $30,600

raffle prize is $2,000

earned interests are $125 + $75 = $200

IRA deductions are ($300)

Adjusted gross income is equals to $32,500

- standard deduction = ($12,200)

taxable income = $20,300

Taxable income:

The amount of income that must be taxed following a deduction is known as the "taxable income." An individual's income is taxed at the usual state income tax rate. This tax must be paid yearly.

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The amounts which should be considered product costs and period costs, respectively, for the first year of coverage are $770 and $330.

The total amount which must be expensed in the first year is the insurance cost which was thus incurred in that year, and that is one-third of the premium paid:

Total insurance coverage prepaid = $3,300

Number of years covered = 3

Insurance cost for the first year = $3,300 ÷ 3

                                                    = $1,100

So here, it can be said that the portion which relates to the factory is a product cost, while the portion which relates to the administrative and selling activities is a period cost.

Total insurance expense incurred = $1,100

70% relating to the manufacturing operations = Product cost

= 0.70 × $1,100 = $770

30% relating to selling and administrative activities = Period cost

= 0.30 × $1,100 = $330

Thus, the product cost = $770 and the period cost = $330

Hence, option C is correct.

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Based on the data on the economy of Royal City, the income elasticity of demand for Flops, Clubs, and Aces are:

The types of goods that the flops, clubs, and aces are include:

The good that would most probably be a luxury good is Aces.

The income elasticity of a good can be found by the formula:

= Change in quantity demanded / Change in income

The income elasticity of demand of flops is:

= 6% / 16%

= 0.375

The income elasticity of demand of clubs is:

= -14% / 16%

= -0.875

The income elasticity of demand of aces is:

= 29% / 16%

= 1.81

Normal goods would have a positive income elasticity of demand so Flops and Aces are normal goods.

Inferior goods would have negative income elasticity which means that clubs are inferior goods.

Luxury goods have a very high income elasticity of demand so aces must be luxury goods.

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A type of data which would be best communicated with a bar chart is: A. the percentage of all votes a candidate received.

A graph can be defined as a type of chart that's commonly used to graphically represent data on both the horizontal and vertical lines of a cartesian coordinate, which are the x-axis and y-axis.

In Science, there are different types of graph and these include the following:

A bar chart is also referred to as bar graph and it can be defined as a type of chart that is used for the graphical representation of a data set, especially by using rectangular bars or vertical columns.

In this context, we can reasonably infer and logically deduce that a bar chart is a type of chart that can be used to graphically represent the percentage of all the votes which a candidate received in an election.

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The percentage of all votes a candidate received is type of data would be BEST communicated with a bar chart.

A graph is a particular sort of chart that is frequently used to graphically display data on the x-axis and y-axis, the horizontal and vertical axes of a cartesian coordinate system.

A bar chart, often known as a bar graph, is a sort of chart that is used to graphical display a data set, particularly by employing rectangular bars or vertical columns.

In this context, we may logically and properly infer that a bar chart is a sort of chart that can be used to graphically display the proportion of all the votes that a candidate received in an election.

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Answer:

quantity demanded will decrease by 3.8%

Explanation:

Price elasticity relates price changes to quantity changes

A price elasticity of - 1.9% means that as price increases by 1%, the quantity demanded will decrease by 1.9%

So if price increases by 2%, quantity demanded will decrease by 1.9 x 2 = 3.8%

Answer:

Hi, the answer to the question is a 3.8% decrease in the quantity demanded

Explanation:

The attached image would better explain the solution to you

Answer:

The demand curve shows the relationship between the price and quantity demanded of a commodity

Explanation: The relationship is presented using a demand function.

for eg: Q = a - bP

is a linear demand function

A curve is plotted for the function, the demand curve. One can solve for the equilibrium price using demand curve and supply curve. The intersecting point of these curves represents the equilibrium price.

He would most likely encounter the required influence tactics of exchanging benefits and coalition while working there.

What exactly is a coalition influence tactic?

Creating a support network to extend the leadership's power base, building consensus, specifying a group position, or creating a "us-versus-them" situation are all examples of coalition tactics. Leaders who use the names of their supporters when making a request are also employing this strategy.

What exactly is the Exchange influence tactic?

Exchange. Exchange influence strategies encompass all of the methods we use to persuade people to do things by having to engage in some form of trade. Exchange strategies include putting an incentive on a specific goal and offering a bonus for a specific assignment.

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Economic rewards for producers, without regard for cost or quality, to generate just enough to fulfill the output target.

Economics is the study of scarcity and its effects on resource use, the creation of commodities and services, the expansion of production and welfare over time, as well as a economics wide range of other complicated concerns of paramount importance to society. Farmers lower the crop's price as output of the corn crop rises so they can sell more of their harvest. The economics helps people understand the world around them. Minneapolis, Minnesota serves as the corporate headquarters for the American big-box retailer company known as Target. Target ranks as the seventh-largest retailer in the country and is included in the S&P 500 Index. In 1962, Dayton's department store in Minneapolis created Target as its bargain arm.

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Three of the social media that we use are You, What's app and Ins, these have some advantages such as entertainment and communication, but they have disadvantages such as wasting time.

Social media are a term that refers to some digital platforms made up of communities of individuals with common interests, activities or relationships (such as friendship, kinship, work). Social media allow contact between people and function as a means to communicate and exchange information.

Social networks have some advantages such as:

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Answer: Marcia has been asked to conduct training for a group on telephone etiquette. The steps she should use to begin her task analysis are:

1) Firstly, one should pick up a call within three rings.  

2) Then, one should immediately introduce themselves and speak with a very clear voice.

3) One should intently listen to the speaker and take notes, when required.

4) One should use proper language and must not use any informal language. They must also remain cheerful throughout the call.

5) One must always seek the permission of the speaker before putting them on hold or transferring their call.

6) One should be honest if they do not have the answer to the questions asked by the speaker and must not lie.

7) One should be careful of the volume of their voice.

8) One should use headphones during the phone call, only when it is necessary.

9) Lastly, one should always check for voice mails and respond to them positively.

Answer:

C

Explanation:

Investments in stocks of the following would most likely fall under the category of government expenditures for the GDP. The correct option is C.

All expenditures by federal, state, and local agencies are considered government purchases, with the exception of debt payments and transfer payments like Social Security. In general, government purchases play a significant role in a country's gross domestic product (GDP).

Investment in GDP calculations does not include the acquisition of stocks and bonds or the trading of financial instruments. It refers to the acquisition of brand-new capital goods, such as inventories, new commercial real estate (such as offices, warehouses, and stores), and new residential housing developments.

Thus, the ideal selection is option C.

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Answer:

legal purpose.

Explanation:

I might be wrong so here are the definitions for all the terms:

legal capacity: a person's authority under law to engage in a particular undertaking or maintain a particular status.

exchange of value: an exchange value, which is the proportion at which a commodity can be exchanged for other commodities; a price (it could be an actual selling price or an imputed ideal price )

Legal purpose: Legal purpose is an insurance principle according to which insurance contracts that insure something illegal or involves illegal conditions are not valid. For example, a liability insurance policy for a bank robbery company would not be valid.

offer and acceptance: the meaning of offer and acceptance is the basis of a contract. To form a contract, there must be an offer made by one party which is, in turn, accepted by another party, and then, in most cases goods and/or services must be exchanged between the two

Answer:

Legal capacity

Explanation:

That means it checks the authority of the person signing the contract. That's what Sally and Kimberly need.

Given the data in the above table,0.062 or 6.2% is the weighted average cost of capital of this company.

Cost of Capital:

The cost of capital is the cost of a company's money in economics and accounting, or "the needed rate of return on a portfolio company's existing securities" from the perspective of an investor. It is used to assess a company's new ventures.

Using the information provided Equity Cost - 40% Debt Cost - 60%

Equity cost with a 40% percentage and a 5% cost:

=0.4 x 0.05 = 0.020

Debt cost with a 60% percentage and a 7% cost

=10.6 x 0.07 = 0.042

WACC = 0.020 + 0.042

           = 0.062 or 6.2%

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Answer:

Here are the definitions for each term, but i would say C Corporation. (I don't know exactly)

explanation

Sole Proprietorship: is an unincorporated business, which means it would be under the supervision of government rules, unlike limited liability companies, corporations and so on

Partnership: Partnerships are unincorporated businesses with two or more owners (partners) who contribute in various ways (capital, labor, etc.) and may have legal liabilities. A written agreement should outline the partners’ roles, rights, and responsibilities.

C Corporation: A C-corp, like an S-corp, is a limited liability entity, which means the company, not its shareholders or owners, is held legally liable for the company’s debt and other obligations. Also, you can bring in an unlimited number of investors when your business is structured as a C corporation.

S Corporation:An S corporation, also known as an S subchapter, refers to a type of legal business entity. Requirements give a corporation with 100 shareholders or less the benefit of incorporation while being taxed as a partnership. Corporate taxes filed under Subchapter S may pass business income, losses, deductions, and credits to shareholders.

Individual income is the net farm income less family living expenses and income taxes. It is the total income from the outcome produced on the farm by the means of employment or self land work.

Income of family and the expenditure of the budget decided after paying the taxes is the left income is allocated to extraordinary expenses of the remaining things to be spared. Lower class families are abolished from these.

The taxes are imposed on those which comes under the criteria like for income taxes are made several slabs so that those not under criteria are not liable to pay them.

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Answer:

Penicillin, airplanes, and air-conditioning were all built in the nineteenth century.

Explanation:

None.

Electronic résumés should be saved as any of the above document. Therefore, the correct answer option is: D. Any of the above.

A résumé is also referred to as curriculum vitae and it can be defined as a short document that is written to briefly outline the qualifications, abilities, experience, and accomplishments of an individual such as a job applicant, haven completed and obtained an academic certificate.

Generally speaking, an electronic résumé simply refers to a short document that is saved and can be shared electronically with any potential employer of labor.

In conclusion, an electronic résumé can be saved as a text, text only or plain text document.

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The number of cars that would have been given up is equal to the opportunity cost of boosting sofa manufacturing by one unit.

The potential advantages that a person, investor, or business forgoes by choosing one choice over another are known as opportunity costs. Since opportunity costs are by definition invisible, it is easy to overlook them. When a company or person is aware of the opportunities that could be lost by choosing one investment over another, better decisions may be made.

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Answer: student loans

Explanation: Typical fixed expenses include car payments, mortgage or rent payments, insurance premiums and real estate taxes. Typically, these expenses can't be easily changed. On the plus side, they're easy to budget for because they generally stay the same and are paid on a regular basis.

This is correct; the cost of using industry-sponsored websites such as FINRA usually outweighs the benefits for small investors.

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A systems approach to training is divided into four stages: needs analysis, program design, program implementation, and evaluation.

What comes first in any workout regimen?

Identification and evaluation of needs are the initial steps in establishing a training program. It's possible that the organization's strategic, human resources, or personal development goals have already identified the training needs of its employees.

Assessment, motivation, design, delivery, and evaluation are the five connected steps or activities that make up the process of training.

What is a model of the training process?

A component of instructional design is training models. It involves the process of developing instructional materials for various training requirements. Many businesses invest in training programs for workers to help them advance on the job.

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The three factors that would help to establish that a person is a good citizen would be:

A good citizen can be regarded as a person that is effectively performing the role that he or she has as a member of a society. That is as one that belongs to a particular nation.

Such a person is one that would fulfill all of the obligations that they have in the society. They would do this by voting during elections, participating in the jury process and also by paying their taxes.

A good citizen would also be patriotic to the nation and also try as much as possible to carry all of the ideals of their nation by heart at all times.

This citizen would obey all of the laws of the nation and would also be the type of citizens that would help other members of the society.

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