Freelancers: provide specialty services on an hourly basis or by the job. Hence option B is correct.
What do freelancing mean?Self-employment includes working as a freelancer. Freelancers typically operate as self-employed individuals, providing their services in accordance with contracts or specific projects, as opposed to being engaged by an organization.
Some people are able to transform freelancing into a full-time career, despite the fact that many people only do it as a side gig or "gig". A freelancer needs to be skilled, driven, and equipped to handle erratic cash flows in order to succeed in their line of work.
Therefore, one can say that the majority of the time, independent contractors perform the job performed by freelancers; as a result, the revenue they generate is regarded as self-employment income and is reported on IRS form 1099. Additionally, freelancers are responsible for paying the full Social Security contribution, which includes the employer's portion of the contribution.
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5.Martin purchased a home in Brisbane on 7 April 2011 and moved into it once the contract was settled. Martin lived there until he moved into a retirement facility on 18 September 2016. At that stage, he rented the house to long-term tenants. On 20 January 2021, Martin passed away. Martin's daughter, Millie, was the beneficiary of the estate and inherited the house. Millie then sold the house on 20 December 2021. What are the CGT consequences of the sale?
The CGT consequences of the house sale would depend on factors such as the property's acquisition date, usage as a main residence, and rental period, requiring a detailed analysis of the specific circumstances.
The sale of the house by Millie, the beneficiary of Martin's estate, on 20 December 2021, would potentially have capital gains tax (CGT) consequences.
Since Martin purchased the house before 20 September 1985, it would be classified as a pre-CGT asset, meaning any capital gains or losses from the sale would not be subject to CGT.
However, if Martin had rented out the house for income during his ownership, there may be CGT implications on the portion of time it was used for rental purposes. Generally, if a property was both a main residence and income-producing, the CGT exemption applies proportionately to the time it was used as a main residence.
In this case, if the house was rented out after Martin moved into the retirement facility on 18 September 2016, the rental period would be subject to CGT. Millie would need to calculate the capital gain or loss based on the rental period and applicable CGT rules and tax rates.
It's important to note that CGT laws can be complex and subject to specific circumstances and exemptions. It is advisable to consult with a tax professional or accountant to accurately determine the CGT consequences in this specific scenario.
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Being able to make decisions effectively can make a worker more independent.
Please select the best answer from the choices provided
T
F
Answer: True
Explanation:
When we are able to make decisions effectively, this can make a worker more independent. This is true.
It should be noted that when one makes decisions effectively, ones confidence is enhanced and one believes more in himself or herself.
When this occurs, as individuals, we trust ourselves and our abilities to make the right decisions which ultimately make us more independent.
Answer:
True
Explanation:
Just took the quiz
When you receive confirmation that the IRS accepted your return, it means that they have reviewed your return, and it has passed their initial inspection. They verify your personal information and other basic items, like if your dependents have already been claimed by someone else.True or False
False. When you receive confirmation that the IRS accepted your return, it means that they have received your return and that it has passed their initial validation checks.
This includes checking your personal information, such as your name and Social Security number, to make sure they match the information on file with the Social Security Administration.
The initial validation checks also include verifying basic items on your return, such as your filing status and whether any dependents you claimed have already been claimed by someone else. However, the IRS does not review your return in detail at this point. Instead, they may perform additional checks or audits on your return at a later time to ensure that it is accurate and complete.
Therefore, the statement "they have reviewed your return, and it has passed their initial inspection" is not entirely accurate. The IRS has accepted your return based on their initial validation checks, but they have not yet reviewed it in detail.
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Given the 2020 recession, what should be the goal of monetary policy? Should the Fed enact expansionary or contractionary policy? In other words, should the Fed increase the money supply/credit supply or decrease the money/credit supply. Explain what they might do to achieve their goal.
Answer:
Expansionary monetary policies
Explanation:
A recession is characterized by reduced economic activities, a high unemployment rate, and low business incomes. The economy experiences a reduced demand for products and services, leading to low production and a slow economic growth rate.
In a recession like in 2020, the Fed should employ measures that will stimulate economic growth. The appropriate measures are the expansionary monetary policies. These policies seek to increase liquidity in the market, thereby increasing the aggregate demand. Expansionary monetary policies increase the money supply in the economy; they include a reduction in the reserve requirement, reduction in the discount rate, and open market purchases.
Long-term investments tie up money for . one reason why individuals focus on long-term investments is to . a(n) allows both employees and employers to contribute to a retirement account.
The money invested for the long-term period is to restrain the retirement life happily, along with incurring the fixed income from the investments made in the long-term plans.
What is an investment?An investment is defined as the allocation of assets in such ways that the value of the assets increases and appreciates over time.
The only reason people tie up money for long-term investments is to have a safe retirement life.
Long-term investment plans and those governed by Section 401(k) retirement accounts are safer and better for employees and employers who show contributions in the retirement accounts.
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Answer:
more than one year, save for their retirement, and 401(k)
Explanation:
those are the answers your welcome
he brings you all the information and you calculate there is a 50% chance of his investment doubling in one year, and a 50% chance of losing half his money. what is the expected return on this investment project?
Probability is just the likelihood of experiencing a potential result. Take into account that you have a die, and you need to calculate the likelihood that the result will be 1. The likelihood of receiving one would be 1/6. This is due to the fact that there are a total of 6 possible outcomes and one die has a value of 1.
Since the standard deviation is equal to the variance's square root, it follows that the lower the variance, the lower the standard deviation. The risk is inversely correlated with the predicted value's variance. 21) A salesperson has a 20% chance of earning nothing on any given day, a 40% chance of making $100, and a 20% chance of making $300.
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Stockholders are from the managers and employees of the firm because they are not actively involved in the operations of the firm. True or false?.
This is utterly FALSE! Stockholders are NOT the managers or the employees of the firm. But it is true that stockholders are not actively involved in the operations of the firm.
Stockholders are SEPARATE from the managers and employees of the firm due to the fact that they are not intimately participating in the firm's ops.
All that matters to stockholders is the profit the company will give them. As a result, managers and employees work for the company and are the reason why there is profit, not stockholders!
Well, there's an exception. If the stockholder is also the owner or elected as board of director, then they will be involved in the operations of the firm.
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which of the following answers correctly ranks market structures from most competitive to least competitive?
The correct ranking of market structures from most to least competitive is Perfect Competition, Monopolistic Competition, Oligopoly, Monopoly. Perfect competition is the most competitive, while monopoly is the least competitive.
The correct ranking of market structures from most competitive to least competitive is as follows
Perfect Competition: In perfect competition, there are many buyers and sellers, homogeneous products, easy entry and exit, and no individual firm has control over the market price.
Monopolistic Competition: Monopolistic competition involves many firms selling differentiated products, some control over pricing, relatively easy entry and exit, and limited market power.
Oligopoly: Oligopoly is characterized by a small number of large firms dominating the market, interdependence among firms, significant barriers to entry, and the potential for collusion.
Monopoly: Monopoly represents a market structure with a single dominant firm controlling the entire market, high barriers to entry, and significant market power to set prices.
The ranking goes from perfect competition, where competition is the highest, to monopoly, where competition is the lowest.
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--The given question is incomplete, the complete question is given below " which of the following answers correctly ranks market structures from most competitive to least competitive?
a, Oligopoly
b, Perfect Competition
c, Monopolistic Competition
d, Monopoly"--
Alan is recording payroll that was processed outside of QuickBooks. Which QuickBooks function would be most useful? o Payroll summary o Pay bills o Journal entries o New invoice
A new invoice is recording payroll that was processed outside of QuickBooks. Thus option (D) is correct.
What is payroll?The process of paying employees' salaries is known as payroll. Making a list of the personnel who need to be paid comes first, and recording the expenses comes last. It's a complicated procedure that requires cooperation from numerous teams, including payroll, HR, and finance. Payroll deductions are sums of money taken out of an employee's overall pay to cover taxes, garnishments, and benefits like health insurance.
Invoicing. One of the most important tasks for many organizations, especially those that offer services or depend on independent contractors, is billing. Invoice creation in QuickBooks is simple, whether you're starting from scratch or using a previous estimate. Even an invoice for recurring payments can be created.
Therefore, Thus option (D) is correct.
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Electronic résumés have an attractive, highly formatted appearance. T F
Answer:
False.
Explanation:
False.
Answer:false
Explanation: got it right
Which of the following is not a core banking function?
Question 5 options:
taking deposits
making loans
facilitating payments
issuing equity
Issuing equity is not a core banking function because it falls under the domain of investment banking or capital markets, not the primary activities of traditional banking operations.
Issuing equity is not a core banking function. Core banking functions refer to the primary activities conducted by banks to serve their customers and manage their finances. These functions typically include taking deposits, making loans, and facilitating payments. Taking deposits involves accepting money from individuals and businesses and holding it in deposit accounts, which can be withdrawn or accessed by customers. Making loans involves lending money to individuals and businesses, providing them with financial resources that need to be repaid over time with interest. Facilitating payments refers to the processes and systems used by banks to enable the transfer of funds between parties, such as through electronic transfers, checks, or card transactions. On the other hand, issuing equity typically falls under the domain of investment banking or capital markets, where companies raise capital by selling shares of ownership to investors in exchange for funds.
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Epesi, Inc. has two independent divisions: the Water Division manufactures bottled purified water and the Pop Division manufactures bottled soda drinks. It has no defective products.
Looking into the sales variances for the year of 2020, Epesi found that, for Epesi as a whole, the static- budget total contribution margin is $3,060,000, total budgeted units sold are 400,000 units, total sales quantity variance is $1,530,000 (F).
For the Water Division, the budgeted contribution margin per unit is $6 and actual sales-mix is 40%.
For the Pop Division, the budgeted contribution margin per unit is $9.
Required:
Compute the sales quantity variance and the sales mix variance for the Pop Division and explain what insights these 2 variances suggest about Pop Division’s actual sales performance in the year of 2020.
Sales mix variance of Pop Division = -$432,000 (F)
Sales quantity variance of Pop Division = -$720,000 (F)
The negative sign before the variances indicates an unfavorable variance. It suggests that the Pop Division’s actual sales performance in the year of 2020 is not up to the mark.
Given that Epesi, Inc. has two independent divisions: the Water Division and the Pop Division. Epesi found that for Epesi as a whole, the static-budget total contribution margin is $3,060,000, total budgeted units sold are 400,000 units, and the total sales quantity variance is $1,530,000 (F).
For the Water Division, the budgeted contribution margin per unit is $6, and the actual sales-mix is 40%. For the Pop Division, the budgeted contribution margin per unit is $9. Calculation of sales mix variance for the Pop Division is given below:
Selling price of Pop division = $9The actual sales mix of the Pop Division is not given in the question, so it has to be computed using the information provided:
Let the actual sales of the Pop Division be x.
Therefore, the actual sales mix of the Pop Division = actual sales of the Pop Division / total actual sales
The total actual sales are 400,000 units (from the question).
The actual sales of the Water Division = total actual sales × actual sales mix of the Water Division= 400,000 units × (1 - 0.40) = 240,000 units
The actual sales of the Pop Division = total actual sales - actual sales of the Water Division= 400,000 units - 240,000 units = 160,000 units
The actual sales mix of the Pop Division = actual sales of the Pop Division / total actual sales= 160,000 units / 400,000 units = 0.4 or 40%
Budgeted sales mix of Pop division = 100% - actual sales mix of Water division= 100% - 40% = 60%
Budgeted sales of Pop division = Budgeted total sales × Budgeted sales mix of Pop division= 400,000 × 0.60 = 240,000 units
Budgeted contribution margin of Pop division = $9
Budgeted total contribution margin of Pop division = Budgeted contribution margin of Pop division × Budgeted sales of Pop division= $9 × 240,000 = $2,160,000
Actual contribution margin of Pop division = Actual sales of Pop division × Budgeted contribution margin per unit= 160,000 × $9 = $1,440,000
Sales mix variance of the Pop Division = (Actual sales mix of Pop Division - Budgeted sales mix of Pop Division) × Budgeted total contribution margin of Pop Division
Sales mix variance of Pop Division = (0.4 - 0.6) × $2,160,000
Sales mix variance of Pop Division = -$432,000 (F) Calculation of Sales Quantity Variance for the Pop Division is given below:
Selling price of Pop division = $9Actual sales of Pop division = 160,000 units
Budgeted contribution margin per unit of Pop division = $9
Budgeted contribution margin of Pop division = Budgeted contribution margin per unit of Pop division × Actual sales of Pop division= $9 × 160,000 = $1,440,000
Actual contribution margin of Pop division = Actual sales of Pop division × Budgeted contribution margin per unit= 160,000 × $9 = $1,440,000
Budgeted total contribution margin of Pop Division = $2,160,000 (from above)
Actual total contribution margin of Pop Division = $1,440,000 (from above)
Sales quantity variance of Pop Division = (Actual sales of Pop Division - Budgeted sales of Pop Division) × Budgeted contribution margin per unit
Sales quantity variance of Pop Division = (160,000 units - 240,000 units) × $9
Sales quantity variance of Pop Division = -$720,000 (F)
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suppose french government imposes a quota on international trade of cars. it means it will:group of answer choicesprohibit import of cars altogether;prohibit export of cars altogetherrestrict the quantity of cars france may export;restrict the quantity of cars france may import;
The French government's imposition of a quota on the international trade of cars would restrict the number of cars France may import. This means that there would be a limit on the number of cars that can be imported into the country from foreign markets.
A quota is a trade restriction imposed by a government to limit the quantity of goods that can be imported or exported. In this case, the French government is implementing a quota specifically on the import of cars. By setting a restriction on the number of cars that can be imported, the government aims to control and limit the inflow of foreign cars into the domestic market. This measure can serve various purposes, such as protecting domestic car manufacturers, promoting local industries, or managing trade imbalances. By limiting the number of imported cars, the government can influence the supply and demand dynamics in the domestic market, potentially supporting domestic car producers and ensuring the stability of the local automotive industry.
It's important to note that a quota specifically targets imports and does not necessarily restrict the export of cars from France. The focus is on controlling the inflow of foreign cars into the country while allowing domestic manufacturers to compete in the market.
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This is a case study adopted from the book of Crispina R. Corpuz. "Reyes Department Store" Based on the review of the store, Nicole, the general manager concluded that one of the first things she has to attend involves developing the job description of her store supervisor. During her first few weeks on the job, Nicole found herself asking one of her supervisors, Jet, why was he violating what she knew to be part of the company policies and procedures. Jet’s only response was that he was not aware of that policy and was not aware it was part of his job. Nicole knew that a job description, along with a set of standards and procedures that specify what was to be done and how to do it, will go a long way toward alleviating the problem. Discuss the process that Nicole should follow to solve this problem.
In order to Nicole to solve this problem, she must reevaluate the job description and company policies and procedures, and then include certain specifications that will make employees more aware of their roles within the company.
Nicole is the general manager of the Reyes Department Store, so she acted correctly when she noticed inconsistent conduct by one of her supervisors and identified the problem.
She then realized that she should carry out a job description along with standards and procedures that specify what should be done and how to do it.
A job description is a document that specifies the responsibilities and activities of each organizational role.
Its objective is to adapt professionals to their work position according to their profile and optimize people management, creating greater standardization of processes and agility in decisions.
Therefore, job descriptions must always be monitored and revised so that new needs are included and so that employees can carry out their role effectively.
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which of the following statements is true about the relationship between business processes and information systems? group of answer choices information systems incorporate all business process activities and hence, should be developed before business processes. the relationship between business processes and information systems is one-to-one. developing information systems before business processes ensures that all activities are considered in the development process. a business process need not relate to any information system, but an information system relates to at least one business process.
A business process need not relate to any information system, but an information system relates to at least one business process, this statements is true about the relationship between business processes and information systems.
A business process is a logically related sequence of actions that specify how particular business tasks are carried out. It is a distinctive method of coordinating work, information, and knowledge inside an organization. Business processes are important for managers to be aware of since they affect how well a firm can conduct its operations and could provide a competitive edge. Each of the main business functions has its own unique business processes, but many of them are cross-functional. Information systems assist firms restructure and streamline business operations by automating certain of these procedures.
The official organizational division in charge of information technology services is the information systems department. It is in charge of maintaining the networks, data storage, hardware, and software that make up the company's IT infrastructure. The department is often led by a CIO and is made up of professionals including programmers, systems analysts, project managers, and information systems managers.
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An agent embezzles funds from his principal and uses the fins to buy a car. What duties has the agent violated? Who is entitled to ownership of the car?
Answer:
Embezzlement means when someone's property is been held captive by any person to whom it was entrusted to. In this case where an agent embezzles funds from his principal and uses the funds to buy a car, the agent has violated the duty to account to the Principal. Duty to accounts is the duty owned by the agent to take proper care of his principals funds which have been entrusted on him.
On who is entitled to ownership of the car, the principal is the one entitled the ownership of the case as the car was purchased from his money which was embezzled by the agent.
What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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when strategic performance measures or critical success factors are used to determine bonus compensation, the bonus will usually depend either on the amount of improvement in the measure or on
When strategic performance measures or critical success factors are used to determine bonus compensation, the bonus will usually depend on either the amount of improvement in the measure or the level of achievement reached.
For example, if a company sets a critical success factor for sales growth and the goal is to increase sales by 10%, the bonus may be tied to the amount of improvement in sales achieved over the previous year or to whether or not the 10% growth goal was reached.
The use of strategic performance measures or critical success factors to determine bonus compensation can be a powerful motivator for employees to achieve specific goals. However, it is important to ensure that the measures being used are aligned with the overall strategic goals of the company and are meaningful to the individual employees receiving the bonus.
In addition, it is important to communicate the criteria for earning the bonus clearly and consistently to avoid any confusion or frustration among employees. When done effectively, using strategic performance measures or critical success factors to determine bonus compensation can help drive performance and ultimately lead to greater success for the company.
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Zoom’s market value is larger than IBM (or three big airline companies). Which of the following is NOT Zoom’s competition strategy?
a. Video-first cloud architecture;
b. 'Zoom fatigue' is taxing the brain;
c. Growing a base of happy customers;
d. Viral demand driven by individual users.
Zoom is a video conferencing application that has witnessed exponential growth in the market, especially in the COVID-19 pandemic. According to recent reports, Zoom's market value is greater than IBM, one of the most successful information technology (IT) companies globally.
This emphasizes that Zoom's competition strategies are quite impressive.The option that is not Zoom's competition strategy is the viral demand driven by individual users. In other words, the statement mentions that this strategy is not one of Zoom's tactics for competing in the market.
The primary competition strategy that has made Zoom successful is its innovative technology that allows people to participate in online meetings from anywhere in the world. In other words, Zoom has a better technical approach that is more user-friendly and more efficient than its competitors.
Additionally, Zoom has implemented a customer satisfaction strategy, which aims to provide the best user experience for all its users. As a result, Zoom has a large customer base, which has played a significant role in its success.Furthermore, Zoom has implemented a user engagement strategy, which involves incorporating features that encourage user participation.
For example, Zoom has a unique "virtual background" feature that allows users to change their background during video conferencing. Zoom's user engagement strategy has played a significant role in its ability to retain its customers and maintain its market share.
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what do you prefer local fundraising or global fundraising and why? (just one reason)
Answer:
Doing local fundraising for a large organization can sometimes seem complicated and unwieldy. Whether you are running a local affiliate of a large national organization, or are responsible for raising funds in a single neighborhood for a small, city-wide charitable group, raising local money for larger groups presents a unique challenge. I prefer local fundraising
global fundraising
Explanation:
because you can help people without water and electricy
On May 1, 2021, you are considering to buy a newly-issued ABC
Company bond, which is quoted as "ABC 8.9s44" in the WSJ and has a
par value of $1,000. The company pays coupon interests every 6
months.
The information provided indicates that the ABC Company bond is quoted as "ABC 8.9s44" in the WSJ. The term "8.9s44" represents the bond's coupon rate and maturity date.
The coupon rate of 8.9% indicates that the bond pays an annual coupon interest of 8.9% of its par value, which is $1,000. This means that the bond will pay a coupon interest of $44.50 every six months ($1,000 * 8.9% / 2).
The "s44" in the quote represents the bond's maturity date. Without further information, it is not possible to determine the exact maturity date. However, the "s44" typically indicates that the bond will mature in the year 2044.
It's important to note that additional information such as the bond's issue price, yield, and any call or redemption provisions would be needed to make a more comprehensive evaluation of the bond's investment characteristics.
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retail facilities located in big, low-cost buildings with large on-premise inventories and minimal services are called a. display outlets. b. warehouse clubs. c. warehouse showrooms. d. category killers. e. catalog showrooms.
Option c is the right answer. Warehouse showrooms are massive, low-cost retail facilities with sizable on-site stock and few services.
What are Warehouse showrooms?A warehouse showroom is a retail location for a business with a substantial inventory of the company's goods and a display of those goods. Customers receive a limited range of services from it. Large quantities of goods are sold at lower prices at warehouse showrooms, also referred to as warehouse stores. These establishments offer a no-frills experience, which indicates that they remove opulent extras from their goods or services to cut expenses. They are able to offer things at a lesser cost this way than traditional retailers. Customers who bag their own purchases help the store save money. Most warehouse shops don't offer their customers transportation services. These retailers include Kroger, WinCo Foods, and Albertsons LLC, to name a few.
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A general rule of thumb is to keep your credit utilization rate at 30% or lower. What is your approximate credit utilization rate for this current billing cycle? (Hint: Credit Utilization Rate = Balance / Credit Limit)
Answer:
90%
Explanation:
When sellers exit a market in which the average seller has losses, what results?
A. The market demand shrinks as consumers avoid struggling sellers.
B.The losses shrink or disappear as the market demand is spread over a smaller number of sellers.
C. The sellers that exit avoid the losses that the remaining market sellers continue to suffer.
D. The remaining sellers have higher demand but also face cost curves that shift upward.
Option B. The losses shrink or disappear as the market demand is spread over a smaller number of sellers. When sellers exit a market, the remaining sellers benefit from the reduced competition. This means that the market demand is spread over a smaller number of sellers, which results in the losses shrinking or disappearing.
Benefits of Sellers Exiting a MarketThe reduction in competition that results from sellers exiting a market has the potential to benefit the remaining sellers in the form of increased demand and lower losses. By reducing the number of sellers, the market demand is spread over a smaller number of sellers, which can lead to a reduction in losses. This can be beneficial to the remaining sellers, as they now face cost curves that do not shift upward and can enjoy higher demand.
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An accountant passed the closing entries of the expenses and then closed all the expense accounts by crediting them. Which account should she debit to complete the dual aspect of the journal entry?
A.
income account
B.
income summary account
C.
revenue account
D.
purchase account
E.
equity account
Answer: Income Account
Explanation:
Also referred and Income Statement.
Answer:
Income summary account
Explanation:
Personal selling can be done either orally or in written form.
False
True
Answer:
The given statement is True.
Explanation:
A person-to-person marketing method, whereby salespeople utilize their communication skills to convince a client should purchase a certain commodity, is termed as Personal selling.Instead, it allows people to understand their likes, their routines, their perspectives as well as their emotions.Thus the above is the right answer.
Which of the following is not a disadvantage to cash advances on a credit card? a. cash advances are similar to loans in that they need to be paid back with interest. b. cash advances require a lot of paperwork and are generally difficult to get. c. cash advances are often the last thing to be paid when paying off your credit card. d. cash advances often come with an interest rate much higher than your credit card. please select the best answer from the choices provided. a b c d
It is not a disadvantage that a. cash advances are similar to loans in that they need to be paid back with interest.
What is cash advance on a credit card?A cash advance on credit card is can be described as a short-term cash loan secured by the credit line on your credit card.
In addition, cash advances, like loans, must be repaid with interest, which is not a disadvantage.
Most credit card including charge card providers will give their customers a cash advance if they ask for one, and this is going to be their credit limit.
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(ANSWERED) Which of the following techniques can be used to evaluate a job candidate's qualifications?
done
A.
Call and talk with the applicant's references.
B.
Evaluate applicant's private correspondence.
close
C.
Observe the applicant in his or her present job situation.
D.
Call and talk with applicants' friends and family.
ANSWER: A - Call and talk with the applicant's references.
Explanation:
.
Evaluate applicant's private correspondence.
close
Elizabeth works for a local restaurant at the end of her shift she is required to write in the time that you arrive in the time she is leaving so that she can be paid appropriately today Elizabeth was 15 minutes late for work what would be the most ethical thing for Elizabeth to do
Answer:
Elizabeth would have to write the time she came in. If she lies, she's indirectly robbing the restaurant of it's money.
Explanation:
please help me answer these questions
Answer: See explanation
Explanation:
1. Inelastic demand occurs when a change in price doesn't really have an effect on the quantity of the goods demanded. Examples of products with inelastic demand are salt and prescription drugs.
2. Elasticity for demand helps in the determination of the prices of factors of production. It is also vital in knowing how price changes will affect the revenue of the firm.
3. Normal goods are the goods that when income increases, the demand for them increases as well e.g. household appliances
For inferior goods, when Income increases, their quantity demand reduces. These are common with extremely cheap products.