Ask question

Ask question

All categories

2 years ago

6

Select the correct point on the graph. Which point on the graph indicates the lowest quantity supplied of goods? 9.00 8.00 Price

per Pound 7.00 6.00 5.00 4.00 3.00 2.00 supply Curve 1,000 2,000 3,000 4,000 5,000 6,000 7.000 Quantity in Pounds

1 answer:

disa [49]2 years ago

3 0

Answer:

It would be A

Explanation:

You might be interested in

Which of the following would be most likely to use process costing? a.lawn fertilizer manufacturer b.custom furniture manufactur

Novosadov [1.4K]

Answer:

The correct answer is letter "A": lawn fertilizer manufacturer.

Explanation:

Process costing is a type of costing approach used by companies to identify expenses for individual units produced. This method is useful for manufacturers in charge of mass production where all the units are almost the same or equal. Thus, <em>a lawn manufacturer could use the process costing system</em> because the equipment produced in that industry are almost equal and tend to be manufactured in large quantities.

5 0

3 years ago

What drove Tucker to risk everything to build a car company?

lesya [120]

Answer:

he opened a car company for a better tommorow

3 0

3 years ago

What are some of the financial challenges that individuals face when they first live on their own?

Artyom0805 [142]

Paying rent, paying for food, maintaining health care.

3 0

3 years ago

Amsted, Inc. is considering a project that will increase revenues by $2.5 million, cash operating expenses by $700,000, and depr

sergij07 [2.7K]

Answer:

incremental after tax cash flow for 2011: $1,145,000

Explanation:

Additional revenue $2,500,000

Cash operating expenses ($700,000)

Depreciation and amortization expenses ($300,000)

<u>Reduced inventories ($200,000)</u>

Pretax income $1,300,000

<u>Less taxes 35% ($455,000)</u>

Net income $845,000

<u>Add Depreciation and amort. expenses $300,000</u>

Free cash flow $1,145,000

5 0

4 years ago

In 2002, the annual price of oil was $24.36. As of late July 2006, the annual price of oil was $62.07. The percentage increase i

juin [17]

Answer:

b. oil prices increased faster than real GDP, but real GDP still grew at a healthy pace.

Explanation:

In this example, we compare the annual price of oil and the annual increase in GDP. When we look at the two, we can see that oil prices increased faster than real GDP. Nevertheless, we can also see that GDP still grew at a healthy pace.

GDP refers to Gross Domestic Product. This concept describes the monetary value of all good and services produced within a country's borders in a certain time period. GDP does not describe all the specific economic conditions of a country. However, it is still a useful measure for politicians and researchers in order to estimate the relative health of a country's economy.

5 0

3 years ago