Business, 10.07.2019 17:00 michael3677

Andrew, a college student, loves drinking coffee late at night to study for exams. having no income, he is used to buying cheap, bad-tasting coffee, such as beanlightened, that he needs to grind and brew himself. the coffee tastes putrid but, with enough cream and sugar, andrew is able to tolerate it. occasionally, he does go out to starbucks when he has spare money. after graduation, andrew gets a job working at a database firm as a programmer. his income is now a healthy $75,000 a year, and he decides he has had enough bad-tasting coffee. he ends up buying coffee daily from starbucks, even though it costs significantly more than beanlightened. andrew's demand for starbucks coffee changed as a result of a change in income. a change in technology. a change in expectations. a change in a related good or service. a change in the number of consumers. beanlightened coffee is for andrew a(n) in economic terms, starbucks coffee is for andrew a(n)

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 01:30

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

Answers: 1

Answer

Business, 22.06.2019 15:00

Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii

Answers: 2

Answer

Business, 22.06.2019 16:30

Penelope summers received certain income benefits in 2018. she received $1,400 of state unemployment insurance benefits, $2,000 from a federal unemployment trust fund and $3,700 workers’ compensation received for an occupational injury. what amount of the compensation must penelope include in her income

Answers: 1

Answer

Business, 22.06.2019 20:30

Caleb construction (cc) incurs supervisor salaries expense in the construction of homes. if cc manufactures 100 homes in a year, fixed supervisor salaries will be $400,000. with the current construction supervisors, cc's productive capacity is 150 homes in a year. however, if cc is contracts to build more than 150 homes per year, it will need to hire additional supervisors, which are hired as full-time rather than temporary employees. cc's productive capacity would then become 200 homes per year, and salaries expense would increase to $470,000. how would cc’s salaries expense be properly classified? fixed variable mixed stepped curvilinear

Answers: 3

Answer

You know the right answer?

Andrew, a college student, loves drinking coffee late at night to study for exams. having no income,...

Questions