Over time, technological advance increases consumers’ incomes and reduces the price of smartphones. each of these forces increases the amount consumers spend on smartphones if the income elasticity of demand is greater than and if the price elasticity of demand is greater than
a. zero, zero
b. zero, one
c. one, zero
d. one, one.
Answers: 2
Business, 21.06.2019 21:00
Sheldon has the following year-end account balances: accounts receivable, $5,000; supplies, $12,000; equipment, $18,000; accounts payable, $17,000; stockholders’ equity, $43,000. the cash account balance was not available at year-end. given the account balances listed, the balance in the cash account should be?
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Business, 22.06.2019 10:00
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Business, 22.06.2019 19:00
Question 55 ted, a supervisor for jack's pool supplies, was accused of stealing pool supplies and selling them to friends and relatives at reduced prices. given ted's earlier track record, he was not fired immediately. the authorities decided to give him an administrative leave, without pay, until the investigation was complete. in view of the given information, it would be most appropriate to say that ted was: demoted. discharged. suspended. dismissed.
Answers: 2
Over time, technological advance increases consumers’ incomes and reduces the price of smartphones....
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