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timama [110]
1 year ago
10

Suppose there is a decrease in the U.S. selling price of Japanese-made cars (a substitute for American-made cars). At the same t

ime, the price of steel, used to make American-made cars decreases. What would we expect would happen in the market for American-made cars
Business
1 answer:
aliina [53]1 year ago
6 0

If the price of the steel used to produce steel falls, it would cause the price of American cars to fall.

<h3>How does the price of resources affect demand?</h3>

The price of a resource used in the production of goods can have a huge effect on the price.

If the price of steel is high, it would make the price of cars to be on the increase hence reducing the demand for the product in the market.

Read more on demand here:

brainly.com/question/1288364

#SPJ1

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What type of discount would Lennox offer its air conditioner dealers if they placed their orders and received delivery before Ap
gladu [14]
Seasonal allowance would be given
7 0
2 years ago
Read 2 more answers
There are zero coupon bonds outstanding that have a YTM of 5.97 percent and mature in 19 years. The bonds have a par value of $1
Fed [463]

Answer:

market price = $1,104.20

Explanation:

yield to maturity of zero coupon bonds = (face value / market price)¹/ⁿ - 1

  • YTM = 5.97%
  • n = 19 x 2 = 38
  • face value = $10,000

(face value / market price)¹/ⁿ = YTM + 1

face value / market price = (YTM + 1)ⁿ

market price = face value / (YTM + 1)ⁿ

market price = $10,000 / 1.0597³⁸ = $10,000 / 9.0563 = $1,104.20

8 0
3 years ago
Which market is most likely to be characterized by oligopolistic competition in the united states?
k0ka [10]

The market most likely to be characterized by oligopolistic competition in the united states is smartphone service providers.

<h3>What is an oligopolistic competition ?</h3>

An oligopoly is when there are few large firms operating in an industry. This is because there are high barriers to the entry and exit of firms into the industry.  The  smartphone service provider industry is dominated by  five industries due to the high cost and regulations in the industry.

Here are the options to the question:

a) soybeans

b) pens and pencils

c) smartphone service providers

d) men's clothing

e) electrical service to the home

To learn more about oligopolies, please check: brainly.com/question/26130879

#SPJ1

3 0
1 year ago
Given the total fixed-cost curve in gray and the total variable-cost curve in color, draw the total cost curve. Three points on
saveliy_v [14]

Answer:

TFC : Horizontal Line parallel to X axis

TVC : Upward sloping inverse S shape curve from origin

TC : Upward sloping increase S shape curve, with Y axis intercept = TFC

Explanation:

Total Fixed cost [TFC] is the total production expenditure, done on fixed factors of production (Eg - on machine, building etc). It is incurred even at zero level of output, stays same (constant) irrespective of output level. So, it's curve is a  constant horizontal line.

Total Variable Cost [TVC] is the total production expenditure, done on variable factors of production (Eg - on raw material). It is zero at zero level of output,  directly related to level of output thereafter. It first increases at a decreasing rate, then increases at an increasing rate. So, it's curve is inverse S upward sloping curve from origin.

Total Cost [TC] is the total cost incurred on all factors of production (fixed & variable). It is sum of TVC & TFC. As TFC is constant at all levels of output, TC changes due to change in TVC. So, TC is also directly related to output level, first increases at increasing rate & then at decreasing rate. Hence, it is also a inverse S upward sloping curve. But, it also includes constant TFC. So, the curve has intercept on Y axis = TFC (it doesn't start from origin).

4 0
3 years ago
On January 1, 2012, Cale Corp. paid $1,020,000 to acquire Kaltop Co. Kaltop maintained separate incorporation. Cale used the equ
malfutka [58]

Answer:

The correct option is D) $127,000.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

On January 1, 2012, Cale Corp. paid $1,020,000 to acquire Kaltop Co. Kaltop maintained separate incorporation. Cale used the equity method to account for the investment. The following information is available for Kaltop's assets, liabilities, and stockholders' equity accounts on January 1, 2012:

                                          Book  Value        Fair Value

Current assets                      $120,000          $120,000

Land                                           72,000           192,000

Building (20yr life)                  240,000           268,000

Equipment (10yr life)               540,000            516,000

Current Liabilities                      24,000             24,000

Long-term Liabilities                120,000           120,000

Common Stock                       228,000

Additional Paid-in Capital       384,000

Retained Earnings                   216,000

Kaltop earned net income for 2012 of $126,000 and paid dividends of $48,000 during the year.

In Cale's accounting records, what amount would appear on December 31, 2012 for equity in subsidiary earnings?

A) $ 77,000.

B) $ 79,000.

C) $125,000.

D) $127,000.

E) $ 81,800.

The explanation of the answer is now provided as follows:

Total amortization of allocations for 2012 = ((Building fair value – Building book value) / 20 year) + ((Equipment fair value - Equipment book value) / 10 years) = (($268,000 - $240,000) / 20) + (($516,000 - $540,000) / 10) = -$1,000

Amount for equity in subsidiary earnings on December 31, 2012 = Kaltop earned net income for 2012 - Total amortization of allocations for 2012 = $126,000 - (-$1,000) = $126,000 + $1,000 = $127,000

The amount that would appear on December 31, 2012 for equity in subsidiary earnings is $127,000. Therefore, the correct option is D) $127,000.

4 0
2 years ago
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