if an increase in the price of gaming consoles causes demand for video games to decrease, what type of goods are video games and gaming consoles?

Answers

Answer 1

Complementary goods are video games and gaming consoles.

What is Complementary goods?

Purchases of complementary commodities, such as fish & chips, tennis rackets, and tennis balls, are made in pairs. Desire for the other good will rise in tandem with the demand for the first good. There will be an increase in demand for PS4 games as the console's popularity grows.

Are televisions and game consoles categorized as computers?

gaming systems A game console is a specific kind of computer used for watching TV while playing video games. TVs: Nowadays, a lot of TVs come with software—or apps—that enable you to access numerous forms of online material. As an illustration, you could instantly stream video to your TV from the Internet.

Learn more about Complementary goods

brainly.com/question/1338465

#SPJ4


Related Questions

a person filing for bankruptcy under chapter 11 and left in place to operate the business during the reorganization proceeding is known as the .

Answers

The business during reorganization proceeding is known as the bankruptcy.

What is bankruptcy?

The legal procedure known as bankruptcy allows individuals or other entities that are unable to pay their debts in full or in part to seek partial relief from them. Most typically requested by the debtor, bankruptcy is imposed by a court order in most jurisdictions.

An insolvent individual may have other legal statuses as well; hence, the phrase "bankruptcy" is not a synonym for insolvency. Bankruptcy wasn't a thing in ancient Greece. When a man owed money but couldn't pay it back, his wife, kids, or servants were made to work for the creditor as "debt slaves" until the obligation was paid off. In several city-states in ancient Greece, debt slavery was only permitted for a five-year period and provided with protection for life and limb.

To learn more about bankruptcy, visit:

https://brainly.com/question/15277574

#SPJ4

which control is not appropriate for property, plant, and equipment? group of answer choices disposal of fully depreciated assets. proper authority for acquisition and retirement of assets. detailed property records and physical controls over assets. written policies for capitalization and expenditure and review of application of depreciation methods.

Answers

Disposal of fully depreciated assets. Thich control is not appropriate for property, plant, and equipment.

Equipment is a tangible long-time period asset that advantages a commercial enterprise over numerous years of use. computer systems, vehicles and manufacturing equipment are all examples of equipment. they may be tangible due to the fact they have a physical shape—unlike intangible belongings (such as patents, logos or copyrights) that don't.

System maximum typically refers to a set of tools or other gadgets typically used to achieve a selected objective. exclusive jobs require one-of-a-kind kinds of gadget.

Learn more about equipment here:https://brainly.com/question/25806993
#SPJ4

A research division of a large consumer electronics company has developed a new type of mp3 player. The project will require an immediate cash outflow of $1,665,321. The new project is expected to produce cash flows of $500,000 per year for 4 consecutive years beginning at the end of year one. What is this projects internal rate of return?.

Answers

Based on the project's financial flows electronic companies wishes to participate in, the the project's internal rate of return is 7.75%

year. cash flow

0. -16,65,321

1. 5,00,000

2. 5,00,000

3. 5,00,000

4. 5,00,000

IRR = irr(D4:D8)

= 7.75%

What is Internal Rate of Return (IRR)?

IRR is a statistic used in financial analysis to calculate the profitability of possible investments. In a discounted cash flow analysis, IRR acts as a discount rate to bring all cash flows' net present values (NPV) to zero.

The same formula used for NPV calculations is also used for IRR estimates. IRR is not the project's actual financial value, so keep that in mind. The NPV is equal to zero due to the annual return.

Generally speaking, the more desirable an investment is to make, the greater the internal rate of return. IRR can be used to rate a variety of potential investments or projects on a pretty even basis because it is consistent for investments of various types.

To know more about Internal rate of return visit:

https://brainly.com/question/27581835

#SPJ4

How might a product owner support a continuous delivery pipeline that fully automated deployment.

Answers

By identifying stories that can be delivered automatically during iteration planning and by using the two write feature toggles to limit which stories are published, a product owner can support a continuous delivery pipeline.

What is a pipeline for continuous delivery?

An automated set of procedures called a continuous delivery pipeline is used to deploy new software. It is a continuous paradigm implementation where automated builds, testing, and deploys are coordinated as a single-release workflow. A CD pipeline, to put it simply, is a series of procedures your code changes go through to reach production.

A CD pipeline automates the delivery of high-quality goods from test to staging to production in accordance with business requirements. One important aspect that affects how the continuous delivery pipeline is structured is the architecture of the product that passes through it.

A complex graphical pipeline pattern is created by a highly connected product architecture, where several pipelines get intertwined before reaching production.

Learn more about the continuous delivery pipeline with the help of the given link:

brainly.com/question/20538322

#SPJ4

if a u.s. firm buys chinese toys using previously obtained chinese currency, then both u.s. net exports and u.s. net capital outflow decrease. a. true b. false

Answers

The above statement is True. If a u.s. firm buys chinese toys using previously obtained chinese currency, then both u.s. net exports and u.s. net capital outflow decrease.

Capital outflow is the motion of assets out of a rustic. Capital outflow is taken into consideration undesirable as it's far often the result of political or monetary instability.

Capital outflow is an economic term describing capital flowing out of a specific economic system. Outflowing capital may be because of any number of financial or political reasons but can often originate from instability in both sphere.

Capital inflows are defined as internet purchases (difference between purchases and sales) of domestic assets by means of non-citizens. Capital outflows same internet purchases of foreign belongings by home sellers aside from the important bank.

Learn more about Capital Outflow here : https://brainly.com/question/17072823

#SPJ4

a takeover is the acquisition of control over a corporation through a purchase of substantially all of its assets. true false

Answers

A takeover is the acquisition of control over a corporation through a purchase of substantially all of its assets. The given statement is True.

When one business successfully pursues the acquisition or control of another, it is referred to as a takeover. A majority share in the target company can be bought to conduct takeovers. The merger and acquisition process is frequently used for takeovers as well. When a firm makes a takeover offer, it is referred to as the acquirer and the company it wants to control as the target.

Most takeovers are started by a larger corporation looking to acquire a smaller one. They might be optional, which would indicate that the two companies mutually decided to implement them. If they are unwanted, the acquirer may pursue the target without the target's knowledge or, more frequently, without the target's full consent.

To know more about Takeover visit:

https://brainly.com/question/17346864

#SPJ4

smith company's earnings per share are more sensitive to changes in operating income than are those of jones company. this implies that smith company has a higher degree of:

Answers

This implies that Smith Company has higher degree of a financial leverage.

What is leverage?

In the world of finance, leverage refers to any strategy that involves borrowing money to make purchases with the expectation that future earnings will be several times greater than the cost of borrowing. Leverage is a strategy that increases a little input force into a larger output force. It is called after the lever in physics because it successfully increases the relatively small amount of money required for borrowing into significant quantities of profit. The significant danger of not being able to repay a sizable loan is a downside to the strategy, though. Gains may be multiplied by using leverage. On the other side, losses are also doubled, and there is a chance that leveraging will cause a loss if the financing expenses outweigh the asset's income or if the asset's value decreases.

To learn more about leverage, visit:

https://brainly.com/question/12942836

#SPJ4

Your revenue increased 20% last year and your total expenses increased 25%. Did your profit increase or decrease?.

Answers

The equation for determining profit is given as follows;

Profit = Revenue - Expenses

From the details provided, we shall assume that the base figures for revenue and expense is 100, since we are dealing changes expressed as a percentage. If the revenue increased by 20 percent then the revenue shall become 120 in total. Note that whatever the actual revenue is, the increment shall be 120 percent of the original figure. Also expenses increased by 25 percent which means expenses rose to 125 in total. With this bit of information the profit calculation shall now become;

Profit = Revenue - Expenses

Profit = 120 - 125

Profit = -25

From the information given, the profit decreased.

However, it is very important to note that this does not translate into a loss, as the volume/amount of revenue may possibly outweigh the volume/amount of expenses by a very wide margin. This simply implies that you would still make a profit but the volume of profit would have reduced.

Learn More about profit and loss here ; https://brainly.com/question/13934673?referrer=searchResults

#SPJ4

Answer:

profit decrease

Explanation:

because your expense is more than your revenue

Is it possible for average total cost to be decreasing over a range of output where marginal cost is​ increasing? briefly explain.

Answers

Yes. Average total cost will be falling if marginal cost is lower than average total cost.

Do marginal costs have an impact on average total costs?When the marginal cost of production is lower than the average cost of creating earlier units, as it is in the locations to the left of where MC crosses ATC, generating one more extra unit will lower average costs overall, causing the ATC curve to slant downward in this region.Average total cost will decrease when marginal cost is lower than average total cost, whereas average total cost will increase when marginal cost is higher than average total cost. Average total cost (ATC) = marginal cost, where ATC = marginal cost is where a firm is most productively effective (MC). Average total cost will be falling if marginal cost is lower than average total cost.      

To learn more about Average total cost refer to:

https://brainly.com/question/25799822

#SPJ4

the demand curve illustrates the fact that consumers select one: a. tend to purchase more of a good as its price rises. b. purchase name brand products more frequently than generic products. c. tend to purchase more of a good as its price falls. d. purchase more of a good as their incomes fall. e. purchase more of a good as their incomes rise.

Answers

The demand curve illustrates the fact that consumers tend to purchase more of a good as its price falls.

A demand curve is a graphical representation of the relationship between the price and quantity demanded of a good or service over a period of time.

In economics, a demand curve is a graph that shows the relationship between the price of a good and the quantity demanded for that good at that price. A demand curve can be used for the relationship between price and quantity for an individual consumer or for all consumers in a given market.

There are two types of demand curves: individual demand curves and market demand curves. A graphical representation of the demand plan is displayed. Can be created by plotting the price and quantity demanded

Learn more about the demand curve here: https://brainly.com/question/1139186

#SPJ4

which purchasing group represents about 13.5 percent of all buyers in the market and is crucial for bringing the other buyer categories to the market?

Answers

Early adopters, a purchasing group represents about 13.5 percent of all buyers in the market and is crucial for bringing the other buyer categories to the market.

One who tests new products ahead of the majority of consumers is an early adopter. Technology products tend to attract early adopters more frequently. They give the vendor information and aid in improving the features, design, distribution, and support of the product. In the early phases of a product's life cycle, early adoption can also be seen as a sort of testing.

Early adopters are a crucial source of information for businesses regarding product flaws and funding for product R&D.

Learn more about Early adopters here:

https://brainly.com/question/23839907

#SPJ4

the primary focus of financial statement audits is the discovery of fraud. group startstrue or false

Answers

The goal of an audit of financial statements is to enable an auditor to specific an opinion as to whether or not the economic statements are prepared, in all material respects,

in accordance with International Financial Reporting Standards or another recognized financial reporting framework.

What is the primary motive of monetary statements?

This studying has presented an overview of economic statement analysis. Among the principal factors included are the following: The principal purpose of financial reports is to furnish records and records about a company's economic position and performance, consisting of profitability and cash flows.

Learn more about  financial statement audits here:

https://brainly.com/question/20713734#SPJ4

the government of an asian country allows its currency to nominally float freely against other currencies, but the government has the right to intervene, buying and selling currency, if it believes that the currency has deviated too far from its fair value. what this country is doing is called a float.

Answers

The government of an Asian country allows its currency to nominally float freely against other currencies, but the government has the right to intervene, buying and selling currency if it believes that the currency has deviated too far from its fair value. what this country is doing is called a float. Dirty.

The 'promote currency' is the currency you will be sending (promote) in change for the currency you or your recipient may be receiving (purchase). that is the forex in an effort to get replaced by way of the agreed quantity of 'purchase foreign money which you need to switch.

Key Takeaways. it is feasible to make money trading money whilst the costs of overseas currencies upward push and fall. Currencies are traded in pairs. shopping for and promoting forex may be very profitable for active traders due to low trading costs, numerous markets, and the supply of excessive leverage.

Currency trading offerings through banks are difficult to a nominal rate. personal money changers: every other option is to visit non-public money changers which can be licensed via RBI or have a complete-Fledged money Changer License (FFMC) provided under section 10 (1) of the foreign exchange control Act.

Learn more about selling currency here:

https://brainly.com/question/15207172

#SPJ4

hillen enterprises produces wheat and flour for the baking industry. the managerial accountant reported the following information at the end of the first quarter. what is the direct materials price variance? is the direct materials price variance favorable or unfavorable?

Answers

Direct material price variance (DM Price Variance) is $4,000. The direct materials price variance is unfavorable.

Direct material price variance (DM rate Variance) is described because the difference among the anticipated and actual price incurred on buying direct materials. It evaluates the extent to which the usual charge has been over or underneath carried out to one-of-a-kind units of purchase.

Whilst a enterprise makes a product and compares the actual materials value to the same old substances price, the result is the overall direct substances fee variance. An unfavorable outcome means the real fees associated with substances had been extra than the predicted (fashionable) prices.

The duty for the Direct material price Variance typically lies with the shopping agent. The rate of the direct fabric is certainly out of the manage of buying agent. but, this is simply one component.

Learn more about Direct material price variance here : https://brainly.com/question/20598983

#SPJ4

once established, company cultures can be perpetuated by . a. relying on word-of-mouth indoctrination and the power of tradition to instill the culture's fundamentals, as well as frequent reiteration of core values by senior managers and group members, and regular ceremonies honoring members who display desired cultural behaviors b. avoiding frequent or dramatic reorganizations that could disturb existing relationships and networking among departments and company personnel c. making adherence to cultural beliefs and cultural norms the defining features of the company's strategic vision d. rewarding departments that observe cultural norms with above-average budget increases and penalizing those who don't with budget cuts e. making cultural values and beliefs the centerpiece of the company's competitive strategy

Answers

Once established, company cultures can be perpetuated by which is relied on word-of-mouth indoctrination as well as the power of tradition.

So, the correct option is A.

Depending on the power of tradition and word-of-mouth indoctrination to establish the principles of the culture, as well as repeated repetition of essential values by senior managers and group members and regular rituals rewarding members who exhibit desired cultural behaviors. The telling and repeating of business lore, frequent rituals celebrating employees who exhibit desired cultural behaviors, and publicly praising and punishing those who violate cultural standards are all ways that workplace cultures may be sustained.

The beliefs and preferences of the founders, market needs, and the earliest values, goals, and assumptions are only a few of the many influences that shape organizational cultures. Attraction-selection-attrition, new hire onboarding, leadership, and organizational reward systems all play a part in maintaining culture.

Learn to know more about Company cultures on

https://brainly.com/question/27778728

#SPJ4

this type of first mover strategy enabled companies such as ebay and etsy to gain a dramatic competitive advantage over in the marketplace by inventing a new market segment. this type of strategy is referred to as

Answers

This type of strategy is referred to as the first mover strategy.

A first mover is a service or product that, by being the first to market with a product or service, acquires a competitive advantage. Being the first usually allows a business to build significant brand awareness and customer loyalty before rivals enter the market.

The first-mover advantage is a benefit received by a business that releases a good or service on the market first. Before other market entries, a company can build significant brand awareness and customer loyalty by taking advantage of the first-mover advantage.

Learn more about first mover here:

https://brainly.com/question/20714310

#SPJ4

what do we need in order to make sure our content is consistent with our brand, channels, and platforms?

Answers

We need a brand style guide in order to make sure our content is consistent with our brand, channels, and platforms.

What is Brand style guide?

A brand style guide, usually referred to as a brand guide or brand guidelines, is essentially a how-to manual for communicating a brand. It includes the guidelines necessary to accurately portray your brand both internally and internationally.

A brand style guide is a digital handbook that details every element of your business's appearance and tone. In addition to being utilized internally, a brand style guide is distributed to partners, the media, and advertising agencies to inform them of the right and consistent ways to represent your brand.

To know more about brand refer:

https://brainly.com/question/28260798

#SPJ4

what are the federal reserve system, the central intelligence agency, and the federal deposit insurance corporation examples of?

Answers

Independent businesses have the same level of oversight and political manipulate as govt departments.

Examples of government corporations include: department of commerce (document); department of protection (DOD); branch of Justice (DOJ); department of kingdom (DOS); Department of the Treasury (Treasury); branch of Transportation (DOT); branch of the place of origin safety (DOHS); department of fitness and Human services

Examples of independent companies are the ICC, FCC, NLRB, and NRC. The national labor relations Board, the FEC, the FTC, the Federal Reserve Board, and the FCC.

Learn more about businesses here: brainly.com/question/13551671

#SPJ4

What is the legal document you must sign in order to apply for a private loan called?.

Answers

Promissory note is the legal document you must sign in order to apply for private loan.

What is a Promissory note?

A promissory note, also known as a note payable, is a legal instrument (more specifically, a financing instrument and a debt instrument) in which one party (the maker or issuer) makes a written promise to the other (the payee) to pay a specific amount of money to them under certain terms and conditions, either at a specific future time (the due date) or upon their demand. The principal sum, any applicable interest rate, parties, date, terms of repayment (which may include interest), and maturity date are often included in a note's terms. The payee's rights in the event of a default, which may entail the maker's assets being foreclosed, are occasionally mentioned in clauses.

To learn more about Promissory note, visit:

https://brainly.com/question/13717659

#SPJ4

for each of the following, compute the present value. (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Answers

The answer to the given question is: $10,241.18, 38,408.04, 130,897.09, and 62,676.63

Which is the best way to define value?

Value refers to how much anything is worth, either financially or in terms of significance. It can also imply "estimate how much that anything is worth," as in a prize with a $200 value. As a verb, it denotes "keeping something within high regard," as in "I value our friendship."

What is the value of life?

Our lives have meaning because to our values. They serve as the foundation for our decisions in life and are also the things we value most highly. Values are more like guidelines we follow in life to be a nice man and live a meaningful existence than than items we acquire or own.

To know more about Value visit:

https://brainly.com/question/1578158

#SPJ4

The complete question is-

For each of the following, compute the present value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Years Interest Rate Future Value

9 7 %. 18,828

1 12 43,017

13 15 805,382 18 14 662,816

true or false: since an investor's investment is an asset, the investor may target the investment horizon to match the maturity of expected liabilities.

Answers

"since an investor's investment is an asset, the investor may target the investment horizon to match the maturity of expected liabilities" is a true statement.

Any method for producing potential future revenue might be referred to as an investment. Buying bonds, equities, or real estate property are a few examples of this. A property that can be utilised to create things can also be bought and regarded as an investment.

Investing is a successful approach to use your money and possibly increase your fortune. If you make smart investment choices, your money may increase in value and outpace inflation. The power of compounding and the trade-off between risk and return are the main reasons investment has a higher growth potential.

To know more about investment: https://brainly.com/question/25311149

#SPJ4

What term describes a contractual agreement between two companies in which one company gives the other company, in exchange for a lump sum and royalties, the right to operate a retail outlet using a name and format developed by the first company?.

Answers

The contractual agreement described above which is a way of expanding a business venture, is referred to as franchising.

What is meant by franchise business?In exchange for a franchise fee, the owner of a franchise licenses the company's operations, along with its goods, reputation, and expertise.The company that issues franchisees with licenses is known as the franchisor. A business arrangement known as franchising involves two parties sharing the right to sell one other's goods and intellectual property.For instance, a number of fast food restaurants, like McDonald's and Domino's, operate in India through franchising. The contractual agreement described above which is a way of expanding a business venture, is referred to as franchising.Franchising involves:A company allowing another company to use its name and brand.The company gaining the license paying the original company royalties for the duration of the contract In this scenario, a company is paying another company a lump sum and royalties and in exchange, they get to use the name and format of the original company.

To learn more about franchising refer

https://brainly.com/question/25180090

#SPJ4

jamie is going to buy furniture with a single-payment loan that is discounted. the loan will be for $5,000 for 2 years at 10% interest. what is the annual percentage rate (apr) on this loan?

Answers

APR is the annual fee of a mortgage to a borrower — including fees. Like an interest rate, the APR is expressed as a percentage.

Unlike an pastime rate, however, it consists of different fees or prices such as personal loan insurance, most closing costs, bargain factors and mortgage origination fees.

What is APR example?

Put simply, APR is the cost of borrowing on a credit card. It refers to the each year pastime price you may pay if you lift a balance, and it often varies from card to card. For example, you may additionally have one card with an APR of 9.99% and another with an APR of 14.99%.

Learn more about annual percentage rate here:

https://brainly.com/question/27997520#SPJ4

trampoline park, inc. is licensed to sell the new tramp-o-matic trampoline that is manufactured by smpb manufacturing. what type of arrangement is this?

Answers

Trampoline park, inc. is licensed to sell the new tramp-o-Matic trampoline that is manufactured by sump manufacturing. type of arrangement is this distributorship.

What is the name of the procedure that an LLC must go through in order to register in each new state where it desires to conduct business?

Qualification. To conduct business in each additional state where they plan to operate, an LLC must go through the registration process.

Which corporation, assuming all conditions are satisfied, can avoid double taxation?

Since they avoid this double taxing burden, the LLC (limited liability company) and S Corporation are frequently chosen by small firms. When a corporation is organized in this way, its tax treatment resembles that of a sole proprietorship or a partnership rather than that of a distinct legal entity like the C Corporation.

To Know more about distributorship.

https://brainly.com/question/28873475

#SPJ4

project l costs $50,000, its expected cash inflows are $12,000 per year for 8 years, and its wacc is 12%. what is the project's discounted payback? do not round intermediate calculations. round your answer to two decimal places.

Answers

The discounted payback is 6.12 years with an expected cash inflow of $ 12,000.

What is cash inflow?

Cash inflow is the net amount of cash and cash equivalents coming into and going out of a business. Cash inflows are represented by money received, and outflows are represented by money spent.

The ability to generate positive Cash inflows, or more specifically, the potential to maximize long-term free cash flow, is ultimately what determines a company's ability to create discounted payback for shareholders. After deducting any funds used for capital expenditures, a company's free cash inflow (FCF) is the cash it generates from its regular business activities (CapEx).

YEAR     Cash       Discounted      Cumulative          Cumulative

              Flow        cash flow         cash flow            discounted cash flow

0     -50000      -50000           -50000           -50000

1      12000       10714.28571   -38000            -39285.71429

2      12000       9566.326531   -26000            -29719.38776

3      12000       8541.362974    -14000             -21178.02478

4      12000       7626.216941    -2000              -13551.80784

5      12000       6809.122269     10000          -6742.685572

6      12000       6079.573454     22000      -663.1121177

7      12000       5428.190584     34000               4765.078466

8      12000       4846.598736     46000        9611.677202

Present value = Future value/(1+i) ⁿ

i = interest rate per period

n= number of periods

discounted payback = 6 + 663.1121177/5428.190584

discounted payback = 6.12 years

To learn more about cash inflow from the given link

https://brainly.com/question/10714011

#SPJ4

vwhich of the following is not a factor that can shift supply? the expected future price of a product. the price of a substitute-in-production. the price of a complement-in-production. the market price of a product.

Answers

The expected future price of a product is not a factor that can shift supply. A change in supply affects the quantity offered at each price. Consider the initial supply curve for a specific type of car.

Imagine therefore that steel, a necessary component in the production of autos, sees a jump in price, increasing the cost of making a car. The prices of the production factors, the returns from alternative activities, technology, seller expectations, natural disasters, and the quantity of sellers are some examples of supply shifters.  In contrast, exceptionally favorable weather would cause the supply curve to move to the right.

To learn more about supply, click here.

https://brainly.com/question/28285610

#SPJ1

if a company uses the same cost of capital for evaluating all projects, which of the following results is likely? group of answer choices rejecting good, high-risk projects. accepting poor, average-risk projects. rejecting good, low-risk projects. accepting no projects.

Answers

If a company uses the same cost of capital for evaluating all projects, The the following results is likely average-risk projects.

Project risks are uncertainties that may or may not occur during a project. In contrast to our everyday notion of "risk", project risks can have both negative and positive impacts on the achievement of project goals.

Some of the most common project risks include scope creep, poor sales performance, inefficient project management, and IT and engineering risks. Project managers should strive to mitigate potential risks wherever possible.

A project's risk rating is usually calculated by multiplying probability by impact, but there are other factors such as: B. Weights can also be part of the calculation. For qualitative risk assessments, risk scores are typically calculated using factors based on probability and sphere of influence.

Learn more about Project risks https://brainly.com/question/17238279

#SPJ4

If a business has $100,000 in sales and $10,000 in wages, $3,000 in advertising, $1,000 in dividends and $3,000 in insurance expense, how much profit did the company make?.

Answers

The business earned $84,000 in profit. Profit is the term used to describe the financial gain experienced when the revenue from a company activity outpaces the costs, costs, and taxes incurred to support the activity in question.

What exactly does "profit" mean?

Profit is the term used to describe the financial gain experienced when the revenue from a company activity outpaces the costs, costs, and taxes incurred to support the activity in question.

calculation to figure out how much profit the business made

Revenue $100,000 Lower:

Wages ($10,000)

($3,000) advertising

($3,000) for insurance

($100,000-$10,000-$3,000-$3,000) + $84,000 =

$84,000 is the amount of profit the business made.

To learn more about Profit refer to:

https://brainly.com/question/1078746

#SPJ4

the marginal revenue received by a firm in a perfectly competitive market: the marginal revenue received by a firm in a perfectly competitive market: increases with the quantity of output sold.

Answers

The marginal revenue received by a firm in a perfectly competitive market is equals to its average revenue and the market price.

In the perfect competition, marginal revenue is equals to its average revenue.

Marginal revenue is revenue which is received by change in total revenue be selling one more unit.

Average revenue is defined as total revenue divided by number of outputs.

In the perfect competition , average revenue is also the price of the output.

Marginal revenue and average revenue curves coincide each other.

Perfect competition is the situation where the product is homogenous and buyers have full knowledge of the product.

The firm is price taker in the perfect competition.

To know more about marginal revenue:

https://brainly.com/question/13383966

#SPJ4

in 2009, the u.s. government passed a bill that increased government spending. in response, the aggregate demand curve most likely:

Answers

In 2009, the u.s. government passed a bill that increased government spending. In response, the aggregate demand curve will lead to high growth in the short term.

A demand curve in economics is a graph that shows the relationship between the cost of a certain good (the y-axis) and the amount of that good that is desired at that cost (the x-axis). Demand curves can be used to both the price-quantity connection for a single consumer (a single demand curve) and for all consumers in a given market (a market demand curve).

Demand curves are typically thought to slope downward, as the following graphic demonstrates. This is due to the law of demand, which states that when prices increase for most things, demand decreases. Certain peculiar circumstances do not adhere to this rule. Veblen goods, Giffen goods, and speculative bubbles are a few examples of this type of phenomenon. Buyers are drawn to an item if its price increases.

To know more about demand curve click here:

https://brainly.com/question/13828738

#SPJ4

Other Questions
three days after initiating parental fluids for a newborn with a ventricular septal defect, the nurse assess an increase in heart rate and blood pressure. which intervention is most important for the nurse to implemenyt Question 11Why did most civilizations develop near a large supply of freshwater? Choose whether the given unit is a unit of power or a unit of energy.unit of power: joule/sec (J/s)unit of energy: watt x year (Wyr) (costs about $1)unit of energy: calorie (cal)unit of energy: kilojoule (kJ)unit of power: kilowatt (kW)unit of power: watt (W)unit of energy: kilowatt x hour (kWh) (costs about $0.10)unit of power: megawatt (MW)unit of energy: kilocalorie (kcal)unit of power: kilowatt x hr / year (kWh / yr)unit of energy: joule (J)unit of power: gigawatt (GW) the pbo was $100 million at the beginning of the year and $108 million at the end of the year. service cost for the year was $15 million. at the end of year, there were no pension-related other comprehensive income amounts. the actuary's discount rate was 5%. what amount of the retiree benefits paid by the trustee? When comparing three or more populations means within a set of quantitative data that is categorized according to one factor/treatment, a one-way anova is appropriate. It is also appropriate in this situation, however, to compare two means at a time using multiple independent two sample t-tests. True or false?. A new shopping mall is gaining in popularity. Every day since it opened, the number of shoppers is 5\%5%5, percent more than the number of shoppers the day before. The total number of shoppers over the first 101010 days is 125812581258. do you have hope that we humans will be able to change our ways and perhaps even be able to repair some past environmental destruction? Do the following rectangle have the ame perimeter, area, or both? A rectangle i labeled 4 centimeter along it left ide and 5 centimeter along it top ide. A rectangle i labeled 4 centimeter along it left ide and 5 centimeter along it top ide. A rectangle i labeled 10 centimeter along it left ide and 2 centimeter along it top ide. A rectangle i labeled 10 centimeter along it left ide and 2 centimeter along it top ide. Chooe 1 anwer: Chooe 1 anwer: (Choice A) A Same area only (Choice B) B Same perimeter only (Choice C) C Same area and perimeter You deposit $2000 each year into an account earning 5% interest compounded annually. How much will you have in the account in 30 years? Hi my name is winstead 9. what happens to the internal pressure in a fluid flowing in a horizontal pipe when its speed increases? when its speed decreases? Spoon, overall what feeling or idea does it symbolize? pennsylvania is noted for group of answer choices starting the first modern police department in america. all of the answers are correct. starting the first modern state police force. starting the first crime lab. hypersecretion of parathyroid hormone would produce changes in the bone similar to those associated with The british retreated northward into north carolina after their significant defeat at which battle?. Suggest to oecs member governments three strategies they can use to come with globalization What was reflected in both the Aztec and Spanish calendars? (5 points)OCycles of the moonNames for monthsO Days of restReligious traditions How did the consequences of wwii in hiroshima show that ginkgo trees are naturally strong? is the molecule shown below chiral or achiral? (ch3)3cch(ch3)2 Vascular tissue helps plants transport water against the force of gravity. Because of this, plants that lack vascular tissue do not grow very tall. How is this situation similar to the information you have learned in this lesson? explain.