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2 years ago

In Exhibit 4-7, a 100 unit decrease in quantity demanded at every price level would cause the new equilibrium price to become:

Business

1 answer:

olga_2 [115]2 years ago

4 0

If there was a 100 units decrease at every price level, the new equilibrium price would be<u> $2.00.</u>

<h3>Equilibrium Price </h3>

Price where quantity demanded is equal to quantity supplied.

<h3>What is the New Equilibrium price?</h3>

Reducing by 100 units, all the quantity demanded units will lead to the following new units:

$10 - 100
$8 - 140
$6 - 270
$4 - 290
$2 - 310

We can see that at $2, both the demand and supply are at 310 units which makes this the new equilibrium.

Find out more on the equilibrium price at brainly.com/question/14203212.

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B Company switched from the sum-of-the-years-digits depreciation method to straight-line depreciation in 2018. The change affect

azamat

Answer:

$9120

Explanation:

Using sum of years digit,

5+4+3+2+1=15

5/15*(72000-3600)=22800 for first year

4/15*68400 = 18240 for second year

Total depreciation before change of accounting policy = 22800+18240=41040

Net value of asset at start of 2018 = 68400-41040= 27360

Straight line depreciation for 2018 = 27360/3 = 9120

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3 years ago

"Jane wins $100,000 in the lottery and immediately uses her winnings to open a donut shop. Her direct costs for the first year a

shutvik [7]

Answer:

Jane's total cost is $60,000.

Explanation:

This is because of the phenomenon called Opportunity Cost.

Simply put, opportunity cost is the cost of the next best alternative use of resources when a choice is made at the detriment of another.

We can also define it by saying, Opportunity Cost is the forgone alternative.

So we know she spent $50,000 to start her business, but would have made 10% of $100,000 which is $10,000 which is the opportunity cost, she has incurred a total cost of $60,000.

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3 years ago

Danny, the manager of Wader Shoes, installed new machinery to speed up the production process after the assigned targets were no

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<u>Answer:</u>Danny is making corrective actions

<u>Explanation:</u>

The last stage of the control process is that the manager has to take corrective actions in case of any deviation from the original production process. The real reason behind the deviation has to be found before the corrective action is taken.

When the assigned targets are not achieved even after installing the new machinery then the managers to access the reason behind it. The reasons might be wrongful strategy or unrealistic objectives. Corrective actions such as revising standards, objectives and strategies can be done.

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4 years ago

Direct materials $10 Direct labor $6 Variable manufacturing overhead $4 Fixed manufacturing overhead per year $220,000 Selling a

pochemuha

Answer:

Results are below.

Explanation:

I will assume a selling price per unit of $60.

<u>First, we need to calculate the total unitary variable cost:</u>

Total unitary variable cost= direct material + direct labor + varaiboe overhead + variable selling and administrative expense

Total unitary variable cost= 10 + 6 + 4 + 6

Total unitary variable cost= $26

<u>Now, we can structure the income statement:</u>

<u></u>

Sales= 10,000*60= 600,000

Total variable cost= 10,000*26= ( 260,000)

Contribution margin= 340,000

Fixed manufacturing overhead per year= (220,000)

Fixed selling and administrative expense per year= (61,000)

Net operating income= 59,000

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3 years ago

If you decide to advertise in a newspaper, which tip could be used to help you write an effective and appealing ad?

Mandarinka [93]

If you decide to advertise in a newspaper, the tip that could be used to help you write an effective and attractive ad is to create a headline that catches your target audience's attention, as this is the first contact with your ad that may cause interest in advertising.

Some tips for writing an effective ad in a newspaper are:

Determine the target audience
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Call consumers to action

Therefore, it is essential that when choosing the channel where your ad will be published, you verify that it is the most appropriate channel to attract the attention of your audience.

In a newspaper, it is effective to use advertisements that portray urgency, opportunity, and calls to action.

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3 years ago