subject
Business, 13.01.2020 21:31 abdominguez7307

Suppose the demand for good x is given by qd x = 10 - 2px + py + m. the price of good x is $1, the price of good y is $10, and income is $100. given these prices and income, how much of good x will be purchased?

a. 115.
b. 515.
c. 1,000.
d. none of the statements associated with this question are correct.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 14:20
Food, water, and shelter will not attract insects and rodents if recyclables are stored in
Answers: 3
question
Business, 22.06.2019 12:30
Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes
Answers: 2
question
Business, 22.06.2019 23:10
Powell company began the 2018 accounting period with $40,000 cash, $86,000 inventory, $60,000 common stock, and $66,000 retained earnings. during 2018, powell experienced the following events: sold merchandise costing $58,000 for $99,500 on account to prentise furniture store. delivered the goods to prentise under terms fob destination. freight costs were $900 cash. received returned goods from prentise. the goods cost powell $4,000 and were sold to prentise for $5,900. granted prentise a $3,000 allowance for damaged goods that prentise agreed to keep. collected partial payment of $81,000 cash from accounts receivable. required record the events in a statements model shown below. prepare an income statement, a balance sheet, and a statement of cash flows. why would prentise agree to keep the damaged goods?
Answers: 2
question
Business, 23.06.2019 01:00
Why does the downward-sloping production possibilities curve imply that factors of production are scarce?
Answers: 1
You know the right answer?
Suppose the demand for good x is given by qd x = 10 - 2px + py + m. the price of good x is $1, the p...
Questions
Questions on the website: 13722367