Answer:
The answer is: C) The minimum price sellers are willing to accept to sell an extra unit of a good.
Explanation:
A normal supply curve should move upward from left to right. The expresses the Law of Supply: (given that all other factors remain without change) As the price of a product increases, the quantity supplied should also increase.
For example:
An ounce of gold costs right now $1,500 and 100 ounces of gold are being traded right now at that price. If a new buyer comes in and wants to buy the 101th ounce of gold, then following a normal supply curve, the new buyer would need to pay more for that extra ounce of gold, maybe $1,510.
What the supply curve shows us is that given a certain price Y, a company will be willing to sell X amount of goods. The more demand a product has (X + 1) > X, then the price Y will increase until a new balance is found.
Answer:
3,500 pounds
Explanation:
By applying the below formula we get:
AQ(AP-SP)
USD 5,250 (unfavorable price variance
)
USD 5,250/(AP - SP) = AQ
So,
USD 5,250/(USD 56.50 - USD 55.00)
= 3,500
Answer:
$80,500
Explanation:
Data provided as per the question
Capital asset = $23,000
Number of year = 5
Income tax rate = 30%
The computation of cash inflow from operations is as shown below:-
Before tax = capital asset × number of year
= $23,000 × 5
= $115,000
Cash inflow from operations = Before tax × (1 - Income tax rate)
= $115,000 × (1 - 0.3)
= $115,000 × 0.7
= $80,500
Answer:
C. both liquid and a store of value.
Explanation:
Treasury Bonds are fixed interest long term government debt instrument issued by the government through the monetary authorities (Federal Reserve or Central Bank) to raise fund from the public. Treasury bond has a maturity of between 10 and 30 years.
Treasury bonds is one of the most liquid financial instrument in the world as it can be turned to cash within a day.
The T-Bond, as treasury bonds is often called is a good store of value as it pays interest and the principal is backed by a legal contract.
Answer:
The correct answer is letter "E": None of the above.
Explanation:
Microeconomics deals with the economic choices of individuals and small companies. Jointly, these individual decisions influence the demand for and supply of goods and services in the economy. One of the subjects most discussed in microeconomics is the supply, demand and equilibrium model.
A)<em> Global warming research turns out to correctly predict the weather in the future. (No major impact in economy)</em>
B)<em> The dictator of a country builds ten new airports. (Macroeconomic)</em>
C)<em> A child buys a delicious chocolate bar. (No major impact in economy)</em>
D) The country of Montenegro adopts the Euro. (Macroeconomic)
<em>None of the statements above represents a microeconomic phenomenon.</em>