Business, 12.03.2020 04:51 alejandra216

4)Gasoline and bicycles are substitutes in consumption. Suppose we increase the federal gasoline taxto $1 per gallon. What are the initial changes that result from the tax as these markets adjust to anew general equilibrium?4)A)Gasoline price rises, and there is a move downward along the bicycle demand curve. B)Gasoline price rises, and there is a move upward along the bicycle demand curve. C)Gasoline price rises, demand for bicycles shifts rightward. D)Gasoline price rises, demand for bicycles shift s leftward.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 01:40

Select the word from the list that best fits the definition sometimes

Answers: 2

Answer

Business, 22.06.2019 11:30

Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.

Answers: 2

Answer

Business, 22.06.2019 16:40

Job 456 was recently completed. the following data have been recorded on its job cost sheet: direct materials $ 2,418 direct labor-hours 74 labor-hours direct labor wage rate $ 13 per labor-hour machine-hours 137 machine-hours the corporation applies manufacturing overhead on the basis of machine-hours. the predetermined overhead rate is $14 per machine-hour. the total cost that would be recorded on the job cost sheet for job 456 would be: multiple choice $3,380 $5,298 $6,138 $2,622

Answers: 1

Answer

Business, 22.06.2019 19:10

According to the textbook chapter, “the emotional connection of distinguishing differences and conflict”, which of the following groups of terms describes best the skills/resources that managers need when managing differences in their organization? energy, commitment, tolerance, and appreciation energy, adequate funding, tolerance, and appreciation funding, tolerance, a strong hr department, and tolerance energy, a strong hr department, patience, and strong leadership skills

Answers: 3

Answer

You know the right answer?

4)Gasoline and bicycles are substitutes in consumption. Suppose we increase the federal gasoline tax...

Questions