subject
Business, 15.04.2020 04:50 smm1106

A gas station owner in a large city learned in his microeconomics class that buyers are relatively unresponsive to changes in the price of gasoline. If, based on that assumption, he increases the price of gas at his station: a) total revenue will increase. b) total revenue will decrease. c) the sale of complementary goods at his station will increase. d) total revenue will not change.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:30
Ming chen began a professional practice on june 1 and plans to prepare financial statements at the end of each month. during june, ming chen (the owner) completed these transactions. a. owner invested $61,000 cash in the company along with equipment that had a $25,000 market value. b. the company paid $1,900 cash for rent of office space for the month. c. the company purchased $15,000 of additional equipment on credit (payment due within 30 days). d. the company completed work for a client and immediately collected the $2,100 cash earned. e. the company completed work for a client and sent a bill for $7,000 to be received within 30 days. f. the company purchased additional equipment for $5,500 cash. g. the company paid an assistant $3,000 cash as wages for the month. h. the company collected $5,200 cash as a partial payment for the amount owed by the client in transaction e. i. the company paid $15,000 cash to settle the liability created in transaction c. j. owner withdrew $1,500 cash from the company for personal use. required: enter the impact of each transaction on individual items of the accounting equation. (enter decreases to account balances with a minus sign.)
Answers: 2
question
Business, 22.06.2019 02:00
Ineed : ): will mark brainliest! describe sinek's golden circle. what does he use this for? sinek argues that "people don't buy 'what' you do; people buy 'why' you do it." what does he mean by this? do you agree or disagree with him? why? what are the advantages of hiring people who share the same beliefs and visions in terms of the company's 'why' or purpose? why wasn't tivo successful as a company? what is the difference between leaders and those who lead? how does safety contribute to trust and cooperation? what are some ways that leaders can make the company environment safe? what are the advantages of companies where employees feel safe and protected?
Answers: 2
question
Business, 22.06.2019 06:00
For 2018, rahal's auto parts estimates bad debt expense at 1% of credit sales. the company reported accounts receivable and an allowance for uncollectible accounts of $86,500 and $2,100, respectively, at december 31, 2017. during 2018, rahal's credit sales and collections were $404,000 and $408,000, respectively, and $2,340 in accounts receivable were written off.rahal's accounts receivable at december 31, 2018, are:
Answers: 2
question
Business, 22.06.2019 09:30
What is the relationship among market segmentation, target markts, and consumer profiles?
Answers: 2
You know the right answer?
A gas station owner in a large city learned in his microeconomics class that buyers are relatively u...
Questions
question
Chemistry, 05.05.2020 04:03
question
Mathematics, 05.05.2020 04:03
question
Mathematics, 05.05.2020 04:04
question
Mathematics, 05.05.2020 04:04
question
Mathematics, 05.05.2020 04:04
question
Mathematics, 05.05.2020 04:04
Questions on the website: 13722363