Business, 23.10.2019 02:30 Jaymp2706jj
Suppose the income of buyers in a market for an inferior good decreases and a technological advancement occurs also. what would we expect to happen in the market?
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On january 1 of the current year, jimmy's sandwich company reported owner's capital totaling $128,000. during the current year, total revenues were $106,000 while total expenses were $95,500. also, during the current year jimmy withdrew $30,000 from the company. no other changes in equity occurred during the year. if, on december 31 of the current year, total assets are $206,000, the change in owner's capital during the year was:
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Suppose the income of buyers in a market for an inferior good decreases and a technological advancem...
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