If the price is raised to $7, what would be the result in the market place? (Surplus, Shortage, or Equilibrium).

Which form of business organization is established as a separate legal entity from its owners?

Vsevolod [243]

<span>Corporation this is the answer
</span><span>
</span>

7 0

3 years ago

On March 31, 2009, Phoenix, Inc. paid Melanie Publishing Company $15,480 for a 3-year subscription for five different magazines.

frosja888 [35]

Answer:

prepaid subscrption ending balance

2009 11,610

2010 6,460

2011 1,290

Explanation:

15,480 / 36 months = 430 per month

December 31th Adjustment:

430 x 9 months (from March 31,2009 to December 31,2009)

received magazinesfor $ 3,870

balance: 15,480 - 3,870 = 11,610

Decmeber 31th 2010

430 x 12 months = 5,160

balance 11,610 - 5,160 = 6,450

2011 adjustment

again for 12 months: 5,160

6,450 - 5,160 = 1,290

5 0

4 years ago

A company is considering the expansion of its current facility to meet increasing demand. A major expansion would cost $500,000,

Karolina [17]

Answer:

0.7

Explanation:

States of Nature

Alternatives Demand is High Demand is Low

Major Expansion $800, 000 - $500,000 -$500,000 -$500,000

Minor Expansion $200, 000 - $200,000 -$100, 000 - $200,000

Doing Nothing $0 $0

States of Nature

Alternatives Demand is High Demand is Low

Major Expansion $300,000 -$1,000,000

Minor Expansion $0 -$300,000

Doing Nothing $0 $0

Let D to be the probability of the high demand;

Then:

300,000 × D - 1,000,000 × (1 - D) = 0 × D - 300,000 × (1 - D)

300,000D - 1,000,000 - 1,000,000D = -300,000 + 300, 000D

-700,000 D -1,000,000 = -300,000 + 300,000 D

-1,000,000 + 300,000 = 700,000 D + 300,000 D

700,000 = 1,000, 000 D

D = 700,000/1,000,000

D = 0.7

∴ the probability of a high demand that the company will be indifferent between the two expansion alternatives = 0.7

8 0

3 years ago

Consider the effects of inflation in an economy composed of only two people: Larry, a bean farmer, and Megan, a rice farmer. Lar

Elanso [62]

Find the attachment for complete answer

3 0

3 years ago

Assume the economy is on aggregate demand AD1. The Fed should attempt to raise investment by enough to shift aggregate demand fr

Mashcka [7]

Answer: d. AD2 and then to AD3

Explanation:

The Long Run Aggregate Supply Curve represents the supply in the Economy when the Economy is at full employment. Operating at this level would be most ideal for an economy.

The point where AD and AS intersect is the quantity produced in the short run. Government policy should therefore be geared at an equilibrium level where Aggregate Demand = Aggregate Supply = Long Run Aggregate Supply because at this point, the Economy will also be at Full Employment in the Short Run which is ideal.

The Fed should therefore attempt to raise investment by enough to shift aggregate demand from AD1 to AD2 and then to AD3 because at AD3, the Aggregate Demand would intersect the AS at the Full Employment quantity which is ideal.

5 0

3 years ago