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vredina [299]
2 years ago
8

Anyone who knows how to properly label a supply and demand graph please help! Draw a supply and demand graph for the given scena

rio

Business
1 answer:
goldfiish [28.3K]2 years ago
3 0

The factor that would shift demand is the reduction in the price of laptops.

The equilibrium price  and quantity would decrease.

<h3>What is the result of the policy?</h3>

When the price of laptops are reduced, the quantity demand for laptops would increase while the demand for computers would fall. This is because computers and laptops are substitute goods.

As a result of a fall in the demand for computers, the demand curve would shift to the left. Equilibrium price and quantity would fall.

Please find attached the required diagram. To learn more about the demand curve, please check: brainly.com/question/25140811

#SPJ1

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Cash Budget

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Beginning balance          $41,000          $30,000          $30,000

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Interest/Loan repayment                         11,100              6,602

Cash balance                    13,000            30,000            45,998

Cash to borrow                 17,000                      0               0

Minimum cash balance $30,000          $30,000          $30,000

Explanation:

a) Data and Calculations:

Minimum cash balance = $30,000

Interest rate on borrowings = 3% per month

Beginning cash balance = $41,000

Cash Budget

                                           July             August        September

Beginning balance        $41,000          $30,000          $30,000

Cash receipts                 92,000            118,000           157,000

Total cash available    $133,000         $148,000        $187,000

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Interest/Loan repayment                         11,100              6,602

Cash balance                  13,000            30,000            45,998

Cash to borrow               17,000                      0               0

Minimum cash balance 30,000            30,000            30,000

Loan repayment:

In August:

Interest is paid =   $510 ($17,000 * 3%)

Loan is repaid = 10,590

Total paid =        $11,100

Balance of loan unpaid = $6,410 ($17,000 - 10,590)

In September:

Interest on loan = $192 ($6,410 * 3%)

Loan repaid =     6,602 ($6,410 + 192)

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