All categories

2 years ago

The law of supply indicates that other things equal:.

Business

1 answer:

Temka [501]2 years ago

5 0

Answer:

The law of supply is the microeconomic law that states that, all other factors being equal, as the price of a good or service increases, the quantity of goods or services that suppliers offer will increase, and vice versa.

You might be interested in

money that is provided by the defendant to ensure his or her appearance in court is reffered to as----------------.

faust18 [17]

Answer:

Bail

Explanation:

Bail is just a measure of cash that is saved with the court to guarantee that you appear for all court procedures. You can post your bail in real money with the court, and you will at that point be discharged from authority.

In the event that the litigant needs more money to post the whole bail, the court will acknowledge a bail security.

The reason for bail is to guarantee that a respondent returns for future court appearances.

8 0

3 years ago

The following are the Consumer Price Index (CPI) for the years 1991-1993. All of the values use a reference year of 1986.

Mnenie [13.5K]

Answer:

1986 is the base year. so, the CPI of the base year is always 100%.

Option A

The value of $100 in 1993 would be = ($100/CPI of 1986) * CPI of 1993

= ($100/100) * 135

= $135

So, Option A is true.

Option B

$100 in 1992 would have been worth in 1986: ($100/CPI of 1992) * CPI of 1986

= ($100/120) * 100

= $83.33

So, Option B is false.

Option C

$100 in 1991 would have been worth in 1986: ($100/CPI of 1991) * CPI of 1986

= ($100/110) * 100

= $90.91

So, Option C is false.

Option D

The value of $100 in 1992 would be: ($100/CPI of 1993) * CPI of 1992

= ($100/135 * 120

= $88.89

So, Option D is false.

6 0

3 years ago

23 points left out<br><br> :$&:$:&,&,&,,

lawyer [7]

Answer:

Is this one of the people that give free points?

3 0

3 years ago

Read 2 more answers

You want to buy a house and will need to borrow $295,000. The interest rate on your loan is 6.37 percent compounded monthly and

svetlana [45]

Answer:

$1,839.45

Explanation:

PV = P * [1-(1+r)^-n / r]

n = 30*12=360 months, r = 6.37%/12 = 0.5308% (monthly)

295,000 = P*[1 - (1+0.005308)^-360 / 0.005308}

295,000 = P * $160.3739

P = $295,000 / $160.3739

P = $1,839.45

So, the monthly mortgage payments is $1,839.45.

4 0

3 years ago

Mills Corporation acquired as an investment $225 million of 8% bonds, dated July 1, on July 1, 2021. Company management is holdi

Sholpan [36]

Answer:

Please see solution below.

Explanation:

July 1, 2021

Dr Investment in bonds $225,000,000

Dr Premium on investment in bonds $25,000,000

Cr Cash $250,000,000

December 31, 2021

Dr Cash $18,000,000

Cr Interest revenue $15,000,000

Cr Premium on investments in bonds

$3,000,000

Investment in bonds. $225,000,000

Premium on investment in bonds $22,000,000

January 2, 2022

Dr. Cash $266,000,000

Cr Investment in bonds $225,000,000

Cr Premium on investment in bonds $22,000,000

Cr Gain on sale of investments $19,000,000

Workings:

Effective interest rate on first coupon received = [ $225,000,000 × 8%] - [ $250,000,000 × 6%]

= $18,000,000 - $15,000,000

= $3,000,000

Premium on investment in bonds = $25,000,000 - $3,000,000

= $22,000,000

8 0

3 years ago