A recent study found that an increase in the federal tax on beer (and thus an increase in the price of beer) would reduce the demand for marijuana. We can infer that

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Answer 1

We can infer that beer and marijuana are complement goods.

What are complement goods?

Complement goods are goods that are consumed together. When the price of one of the complement goods increases, the quantity demand of that good declines and the demand for the second complement good decreases.

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Related Questions

Beau, a fashion design company, organizes an online contest. Participants are asked to design women's apparel to be posted on a social media website where its members can vote and provide feedback. Based on those votes, Beau will announce the winner and offer that individual a job at its firm. In this scenario, Beau is involved in _____. a. crowdsourcing b. tagging c. brandjacking d. blogging

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Based on those votes, Beau will announce the winner and offer that individual a job at its firm. In this scenario, Beau is involved in crowdsourcing.

What does Crowdsourcing mean?

Crowdsourcing is the practice of turning to a body of people to obtain needed knowledge, goods or services.

The term crowdsourcing is a combination of crowds and outsourcing and was coined in 2006 by Wired magazine author Jeff Howe in his article "The Rise of Crowdsourcing."

As the term implies, crowdsourcing is when an entity -- whether an individual or an organization -- requests specific resources from a group of people (the crowd). Businesses, individuals and organizations of all kinds have used this process to solicit ideas and raise money as well as consolidate and promote information.

These entities leverage the internet, social media and purpose-built platforms to elicit and receive the knowledge, goods or services they're seeking. This allows them to engage with a broader spectrum of sources than they would if they had used employees, suppliers and other traditional sources of expertise via conventional routes of engagement.

Thus, we can say that the correct option is A.

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When the Federal Reserve calls in a discount loan from a bank, the monetary base ________ and reserves ________.

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When the Federal Reserve calls in a discount loan from a bank, the monetary base increases, and reserves increase.

What is the monetary base?

The total quantity of cash in the hands of the general people or in the form of commercial bank deposits kept in the reserves of the central bank constitutes the monetary base. Since it does not include various types of non-currency money that are common in a modern economy, this measure of the money supply is not frequently used.

The monetary base increases as the Federal Reserve generates additional funds to buy bonds from commercial banks, increasing the banks' reserve holdings in the process.

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A consumer contest is an example of Group of answer choices sales promotion. public relations. personal selling. indirect selling. social media.

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In marketing, an example of a Sales promotion is a consumer context.

What is a Sales promotion?

This refers to strategy employed by a firm who uses a campaign or offer to increase the consumer;s interest or demand in its product

Because the consumer context involves making relevant offers when the customer is poised to make a purchase, this is an example of Sales promotion.

Therefore, the Option A is correct.

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The consumer contest is SALES PROMOTION.

SALES PROMOTION is a methodical way a company sells its product to target customers.It requires the company to check its customer demands the company also offers a discount to the customer to gain their trust and confidence.  It also helps in making long-term relationships with their customer.

The correct answer is option A.

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Ryan and Carly are planning to enter into a limited partnership in which neither the general partners nor the limited partners have personal liability for the debts and obligations of the partnership. They agree that debts of the partnership are solely the responsibility of the partnership, not of the general or the limited partners. According to their agreement, Ryan and Carly are forming a ________.

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According to their agreement, Ryan and Carly are forming a Limited Liability Partnership.

What is a limited liability partnership?

A limited liability partnership is a business structure that allows partners' liabilities to be limited to the amount they agreed to contribute to the partnership.

The purposes of establishing a partnership are:

Spreading the riskLeveraging individual skills and expertiseEstablishing a division of labor.

Thus, according to their agreement, Ryan and Carly are forming a Limited Liability Partnership.

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A(n) __________ is one that appears to be an agreement but lacks an essential requirement for validity and enforceability. Multiple Choice executed contract valid contract enforceable contract void contract voidable contract

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A document that purports to be an agreement but does not include all necessary terms is known as a void contract. Therefore, choice 3 is right.

What do you mean by a contract?

A contract is defined as a commitment to do something between two or more parties. A loan arrangement between automobile purchasers and sellers is an illustration of a contract.

An arrangement between two persons to get married is an example of a contract.

A formal contract that is effectively void and unenforceable from the moment it is created is known as a void contract.

Hence, the correct option is Void contract to be filled in given blank

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When accounting for a long-term construction contract under IFRS, if the percentage-of-completion method is not appropriate, the seller should account for revenue using:

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When accounting for a long-term construction contract under IFRS, if the percentage-of-completion method is not appropriate, the seller should account for revenue using "cost recovery method".

What is cost recovery method?

According to the "Cost Recovery Rule," any excess cash value (cost basis) over premium payments that results from a partial withdrawal of cash or a policy surrender is taxable income.

Calculation for cost recovery method includes:

the product's operating expenses, such as those for hardware, software, and labour, should all be added up.Analyse whole revenue, regardless of whether a client made a lump-sum payment or several instalments.To calculate the profit, deduct the cost of products from whole sales.

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Which best explains why international trade agreements are beneficial for developing economies?.

Answers

They can help countries to grow quickly.

the ability of the competitive forces of supply and demand to establish a price at which selling and buying decisions are consistent is called ______.

Answers

The ability of the competitive forces of supply and demand to establish a price at which selling and buying decisions are consistent is called the rationing function of prices.

What is the rationing function of prices?

Rationing function of price  is used to measure the goods that consumer can use their money to buy.

When their is scarcity of goods in the market this means that demand will be  above supply and the outcome is that price of goods   will tend to increase or  bid up.


Therefore the ability of the competitive forces of supply and demand to establish a price  is called the rationing function of prices.

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The law of diminishing returns states that, ceteris paribus, the

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The law of diminishing returns states that, ceteris paribus, the rate of profit from an investment will continue to diminish as more capital ins invested into that product.

What is Ceteris Paribus?

Ceteris Paribus is a Latin phrase often quoted in economics that means "all things being equal". It is used to connote the fact that in the consideration of a law, sometimes it is assumed that all other factors are given or at play.

It is to be noted that the Law of Diminishing Returns is also applicable to Labor, Utility and Marginal Returns.

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a(n) ______ team is a group of experienced people from different areas of business who join together to form a managerial team with the skills needed to develop, make, and market a new product.

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Entrepreneurial team  is a group of experienced people from different areas of business who join together to form a managerial team with the skills needed to develop, make, and market a new product.

What is Entrepreneurial team?

Entrepreneurial team serves as the team that come together to form a team of managers so that can carry out research to work on a new product.

They are usually from different areas of business with necessary skills for the work.

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A speaker wanting to use humor in his/her presentation should be sure to practice the joke or anecdote to maximize its effectiveness. True or False ?

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It is true that a speaker wanting to use humor in his/her presentation should be sure to practice the joke or anecdote to maximize its effectiveness.

What is anecdote?

Anecdote are short stories that can be used during presentation to make the audience relate with the story and also follow the speaker.

If a speaker want to be lively anecdote can be used to keep the audience alive.

Therefore,

It is true that a speaker wanting to use humor in his/her presentation should be sure to practice the joke or anecdote to maximize its effectiveness.

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The elements in a defamation case are: a. defamatory statement; falsity; communication; and injury. b. a contract; knowledge of the contract; improper inducement; injury. c. false or misleading fact statements; statements in commercial advertising; likelihood of harm. d. duty; breach of duty; proximate causation; and damages.

Answers

The elements in a defamation case are defamatory statement; falsity; communication and injury. Thus the correct answer is A.

What is defamation?

The act of defamation is applied when the public appearance of an individual in terms of reputation, respect, and image got damaged by a third party person.

The element of a defamation case includes-

A statement that spoils the image of an individual.the passing of any false information about an individual to the public.This causes damage to individuals' social presence. When the case is presented in court it is noticed that injury has been made to individuals as they received mental stress and public hatred.

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31. If a company initially records the purchase of supplies to the supplies expende account, the mount of the adjusting entry made at the end of an accounting period will be equal to

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We can actually deduce here that the amount of the adjusting entry that was made at the end of an accounting period will be equal to the supplies on hand at the end of the period.

What is accounting period?

An accounting period is actually known to be the period of time that a particular accounting function is covered. It can be a fiscal year, quarterly, monthly or even weekly.

We see here that the amount of the adjusting entry that was made at the end of an accounting period will be equal to the supplies on hand at the end of the period.

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what is the type of occupation of densist​

Answers

Answer:

Dentist is an occupation related to dental/tooth disease.

Explanation:

It is an occupation related to dentistry which is in the field of health.

Morse Company reports total contribution margin of $68,640 and pretax net income of $13,200 for the current month. The degree of operating leverage is:

Answers

The degree of operating leverage is [tex]0.83[/tex].

What is the degree of operating leverage?How much a company's operating income alters in reaction to a change in sales is measured by the level of operating leverage.Analysts can assess the effect of any change in sales on business earnings using the DOL ratio.Due to the high percentage of fixed expenditures in an organization with high operating leverage, a significant increase in sales may result in outsized changes in profitability.Operating leverage formula:

[tex]\frac{FC}{TC} = \frac{FC}{FC+VC}[/tex]

Where FC is a fixed cost, TC is the total cost and VC is a variable cost.

Solution -

Contribution margin is $68,640 and pretax net income is $13,200.

So, applying the values in the formula we will get:

[tex]\frac{68,640}{13,200+68,640}[/tex]

[tex]0.83[/tex]

Therefore, the degree of operating leverage is [tex]0.83[/tex].

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Question 2 of 10
What is product positioning?
O
A. The set of plans for product, price, place, and promotion that the
marketer will use
O
B. The use of names and symbols to identify the company's products
O C. The process of dividing up a total market into groups (segments)
with similar needs and buying behaviors
OD. A definition of how the company intends for customers to view its
product relative to the competition

Answers

Answer:

I think it should be D keep checking just in case

The answer is D I think

The law of supply indicates that, other things equal, Multiple Choice producers will offer more of a product at high prices than at low prices. the product supply curve is downsloping. producers will offer more of a product at low prices than at high prices. consumers will purchase less of a good at high prices than at low prices.

Answers

The law of supply generally asserts that the producers will offer more of a product at high prices than at low prices.

What does law of supply states?

The economic law states the higher the price, the higher the quantity demanded; because the sellers get more profit when the price is higher, this encourages the producer to produce at high price.

Therefore, the Option A is correct.

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friedman and phelps suggested that there should not be a stable relationship between inflation and unemployment, but there should be a stable relationship between:

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Friedman and Phelps suggested that there should not be a stable relationship between inflation and unemployment, but there should be a stable relationship between: unanticipated inflation and cyclical unemployment.

What is inflation?

This is the time in the government or the economy of a nation where they are faced with the rise in the prices of goods and services.

This may cause people to lose their jobs and also cause people to buy less of goods and services.

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How quickly must you file a report with the michigan dnr if property damage exceeds $2,000?.

Answers

Answer: within five days or 10

Explanation:

Which statement best describes the performance of mutual funds over the last 4 or 5 decades? A. While some mutual fund managers are able to beat the market consistently, the majority of mutual funds underperform the market index at every point in the market cycle as well as in the long-run. B. Some mutual fund managers are able to beat the market consistently, the majority of mutual funds may outperform the market at certain points in the market cycle, but in the long-run the majority of mutual funds underperform the market index. C. Some mutual fund managers are able to beat the market consistently, the majority of mutual funds may outperform the market at certain points in the market cycle, but in the long-run approximately half of all mutual funds underperform the market index. D. No mutual fund managers are able to beat the market consistently, the majority of mutual funds may outperform the market at certain points in the market cycle, but in the long-run the majority of mutual funds underperform the market index.

Answers

The correct option is (d).

Choosing the best mutual funds by comparing performance of mutual funds against a benchmark index.Money market funds, bond funds, stock funds, and target date funds are the four primary categories into which most mutual funds fit. Each variety has unique characteristics, dangers, and benefits.The rate of return is subtracted from the risk-free rate of return for the investment, and the result is divided by the return on investment's standard deviation. The Sharpe ratio tells investors if an investment's results are the result of prudent investing decisions or an outcome with excessive risk.

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a country's gross domestic product would exceed its gross national product when the ____________.

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A country's gross domestic product would exceed its gross national product when the net of income of resident oversees and income earned by foreign residents is negative.

What is GDP and GNP?

Gross national product (GNP) is the sum of GDP, income earned by residents from overseas investments less income earned by foreign residents.

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

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The marginal tax rate is equal to the Group of answer choices total amount of a person's tax payment divided by the total amount of the person's taxable income. total amount of a person's tax payment divided by the change in the person's taxable income. change in the person's tax payment divided by the total amount of the person's taxable income. change in the person's tax payment divided by the change in the person's taxable income.

Answers

The marginal tax rate is equal to the change in the person's tax payment divided by the change in the person's taxable income.

What is marginal tax rate?

The marginal tax rate refers to the extra amount paid as tax for each additional dollar earned as income.

Hence, the marginal tax rate is equal to the change in the person's tax payment divided by the change in the person's taxable income.

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Which nims management characteristic is necessary for achieving situational awareness?.

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The NIMS Management Characteristic is facilitating information sharing is Integrated Communications.

What are the characteristics of NIMS?

All levels of government are governed under the National Incident Management System (NIMS). Common nomenclature, modular organization, management by objectives, and incident action planning are some of the key traits.

Interoperable communication methods and systems, which include voice and data linkages, are developed and put to use to facilitate integrated communications.

To sustain connectivity, establish situational awareness, and make information sharing easier, integrated communications are required.

As a result, integrated communications is the correct option.

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Within a ________________________ economy, we often see both producers and consumers responding to the incentive of price changes.

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In a market economy, both producers and consumers respond to the incentive of price changes.

What is the economy?

An economy is an area where products and services are produced, distributed, and traded as well as consumed by various agents.

A market economy is an economic system in which all suppliers and consumers are unhindered by price controls or restrictions on contract freedom and where decisions regarding investment, production, and distribution to consumers are guided by the price signals created by the forces of supply and demand.

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the saving component of financial planning focuses on long-term security and includes:

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The saving component of financial planning focuses on long-term security and includes a regular savings plan for emergencies.

What is financial planning?

Financial planning can be described as the process of evaluating a person's present income and future financial situation using currently available data to forecast future asset values, earnings, and withdrawal schedules.

Long-term financial planing serve as the foundation for the creation of short-term plans and budgets later in the financial planning process.

The saving portion of financial planning emphasizes long-term security and includes a consistent savings plan for emergency expenses.

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A tech research and development team is struggling through a problem with its software. The team brainstorms and asks questions that lead the group to develop experiments to narrow down understanding of the issues involved. The team follows through on those and discovers the process that led to the glitch. Team members then discuss their options based upon this new understanding. This is an example of what theory of learning

Answers

The theory of constructivism learning is depicted by the process followed by the team to discovers the process that led to the glitch.

What is a constructivism learning?

This theory of learning suggest that learners should construct knowledge rather than just passively take in information.

Hence, the theory of constructivism learning is depicted by the process followed by the team to discovers the process that led to the glitch.

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What does copyright law protect?

Answers

Answer:

Copyright, a form of intellectual property law, protects original works of authorship including literary, dramatic, musical, and artistic works, such as poetry, novels, movies, songs, computer software, and architecture.

Valuation of a swap during its life will least likely involve the:

Answers

Valuation of a swap during its life will least likely involve in the application of the principle of no arbitrage.

What is Swap?

Swap involves two individual that exchanging properties or money. This individual use different tools for the exchange as desired by them.

Arbitrage allows for sale of goods or property at the highest asking price and valuation will most like involve in it.

Therefore, valuation of a swap during its life will least likely involve in the application of the principle of no arbitrage

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A gold standard ensures a long-run tendency toward price stability because

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A gold standard ensures a long-run tendency toward price stability because the cost of producing an ounce of gold stays relatively constant overtime.

What is a gold standard?

A gold standard is the system, abandoned in the Depression of the 1930s, by which the value of a currency was defined in terms of gold, for which the currency could be exchanged.

Therefore, the correct answer is the cost of producing an ounce of gold stays relatively constant overtime.

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Using the aging approach, management estimates that 10% of the $10,000 of Accounts Receivable will be uncollectible. The Allowance for Doubtful Accounts has a $100 unadjusted credit balance. After the bad debt adjusting entry is recorded, Bad Debt Expense on the income statement will be ______ the Allowance for Doubtful Accounts on the balance sheet. Multiple choice question. the same amount as $100 less than $100 more than

Answers

Using the aging approach management estimates that 10% of the $10,000 of Accounts Receivable will be uncollectible.  The Allowance for Doubtful Accounts has a $100 unadjusted credit balance. After the bad debt adjusting entry is recorded, Bad Debt Expense on the income statement will be the same amount as $10,000 the Allowance for Doubtful Accounts on the balance sheet.

What is Accounts Receivable?

Accounts receivable are the funds that customers owe your company for products or services that have been invoiced. The total value of all accounts receivable is listed on the balance sheet as current assets and include invoices that clients owe for items or work performed for them on credit.

How do you record Bad Debt Expense?

To record the bad debt expenses, you must debit bad debt expense and a credit allowance for doubtful accounts. With the write-off method, there is no contra asset account to record bad debt expenses. Therefore, the entire balance in accounts receivable will be reported as a current asset on the balance sheet.

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The defendant planned to break into a home, steal any valuables that he could easily pawn, and then burn down the home using gasoline from his lawnmower. When the defendant got to the home that night, he realized that he had forgotten the gas at home. Nonetheless, the defendant broke into the home through a basement window. Unbeknownst to him, the police were alerted by a silent alarm and arrested the defendant just as he was leaving the home with a sack filled with valuables. At common law, what crimes has the defendant committed Dry concrete can be made by mixing sand, gravel and cementin the ratio 1: 2: 3. If you want 1800 kg of dry concrete,how much of each will you need? Give your answers inkilograms (kg). #5 In *triangle* ABC, AB = 9 and BC = 15. What is the range the possible lengths for CA?Why? What is one advantage of wind and hydroelectric power?A. They are effective in any type of environment.B. Neither harms wildlife.C. Neither produces pollutants.D. 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The positive terminals are indicated with a + sign, The values for the resistors are: R1 = R5 = 70 , R2 = R6 = 106 R3 = 59 , and R4 = 83 . The positive directions for the currents I1, I2 and I3 are indicated by the directions of the arrows. What is I3? Part - 2 , Read Both Parts each contains 5 pics, slide it. And Translate it into latvian Language. Justin and elena each launched a toy rocket into the air. the height of justins rocket is modeled by the equation h = 16t2 60t 2. elena launched his rocket from the same position, but with an initial velocity double that of justins. which equation best models the height of elenas rocket? h(t) = at2 vt h0 h = 16t2 60t 4 h = 32t2 120t 4 h = 32t2 60t 2 h = 16t2 120t 2 your favorite basketball player has an 90% free-throw percentage. In the next game that s/he plays they shoot 12 free throws. What is the probability that they make all 12