subject
Business, 07.01.2020 00:31 halledoll2002

Harry loves both hot dogs and hamburgers. he receives about the same satisfaction from eating one hamburger as he does from eating one hot dog, and the two goods fill the same need in harry's life. the price of hot dogs has been extremely volatile for the past several years, and this year is no exception hot dog prices decreased tremendously this month assuming hot dogs and hamburgers are substitutes for harry, what is the effect on harry's demand for hamburgers due to the decrease in the price of hot dogs?

a. there will be a movement down along his demand curve
b. there will be a movement up along his demand curve.
c. his demand curve for hamburgers will shift to the left.
d. his demand curve for hamburgers will shift to the right.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 16:00, wvtoy4767
Common problems that can arise among groups. explain in four or five sentences what can cause the specific or general problem. in addition, explain what impact that conflict can have on group cohesion as well as productivity.
Answers: 1
image
Business, 22.06.2019 12:10, ghari112345
In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a. no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative. b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child. c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative. d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.
Answers: 2
image
Business, 22.06.2019 15:20, alex12everett
Record the journal entry for the provision for uncollectible accounts under each of the following independent assumptions: a. the allowance for doubtful accounts before adjustment has a credit balance of $500. b. the allowance for doubtful accounts before adjustment has a debit balance of $250. c. assume that octoberʼs credit sales were $70,000. uncollectible accounts expense is estimated at 2% of sales. smith, gaylord n.. excel applications for accounting principles (p. 51). cengage textbook. kindle edition.
Answers: 1
image
Business, 22.06.2019 16:10, olly09
The following are line items from the horizontal analysis of an income statement:increase/ (decrease) increase/ (decrease) 2017 2016 amount percent fees earned $120,000 $100,000 $20,000 20% wages expense 50,000 40,000 10,000 25 supplies expense 2,000 1,700 300 15 which of the items is stated incorrectly? a. fees earned b. supplies expense c. none of these choices are correct. d. wages expense
Answers: 3
You know the right answer?
Harry loves both hot dogs and hamburgers. he receives about the same satisfaction from eating one ha...

Questions in other subjects:

Konu
Mathematics, 07.07.2019 13:00