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1 year ago

What is supply and demand?

Business

1 answer:

ehidna [41]1 year ago

5 0

Answer:

Supply and demand is an interection between the sellers of a product and the people who want to buy that product. Price is affected by supply and demand in a market. Supply and demand is affected by technology and working conditions.

Demand and supply can be graphed to calculate the best price for a product. The space where the 2 lines meet is the equilibrium price.

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Luker Corporation uses a process costing system. The company had $160,500 of beginning Finished Goods Inventory on October 1. It

salantis [7]

Answer and Explanation:

The journal entry for the cost of goods manufactured is shown below:

Finished Goods Inventory $837,000

To Work in process $837,000

(Being cost of goods manufactured)

Here the finished goods inventory is debited as it increased the assets and credited the work in process as it decrease the assets

8 0

3 years ago

An economy is operating with output $400 billion above its natural level, and fiscal policymakers want to close this expansionar

Vlad [161]

Answer:

$\Delta G= 400 billion \frac{1}{5}= 80 billions$

To close the expansionary gap, the government would need to spending by 80 billion

Explanation:

Assuming this question: "To close the expansionary gap, the government would need to spending by ? billion"

Previous concepts

The government expenditure multiplier "denoted by K, the impact of a change in income following a change in government spending".

The marginal propensity to consume denoted by MPC "is a metric that quantifies induced consumption, the concept that the increase in personal consumer spending occurs with an increase in disposable income"

Solution to the problem

Fo this problem we need to find the Government multiplier (K) with the following formula:

$K=\frac{1}{1-MPC}$

Wehre MPC represent the marginal propensity to consume. And if we replace we got this:

$K=\frac{1}{1-\frac{4}{5}}=5$

And now we can find the government decrease with the following formula:

$\Delta G= \Delta Y \frac{1}{K}$

And for this case the output is $\Delta Y = 400 billion$ , and we have everything in order to replace:

$\Delta G= 400 billion \frac{1}{5}= 80 billions$

So thn the answer woud be: "To close the expansionary gap, the government would need to spending by 80 billion"

3 0

3 years ago

Given that gabby is looking for a budget-priced flight home for the holidays, she will need to find out what various options exi

Nitella [24]

Gabby is in the stage of INFORMATION SEARCH of the consumer decision process.
Consumer decision process is the decision making process that is used by the consumers to make market transactions before, during and after the purchase of a good or service. Consumer decision process is divided into 5 stages, which are: problem identification, information search, evaluation of alternatives, purchase decisions and post purchase decisions.

4 0

3 years ago

One of the primary values of convertible debt is that it is attractive to investors because:_______.

posledela

Entitlement to discounts on the share price is the main reason for investors being attracted to convertible debt.

Explanation:

The shareholders who bought the shares in the earlier period will get the advantage of possessing a discount towards share price. The company shall pay more premiums in the future period when the business earns the windfall gain.

It can also link the concept of conversion cap process which shoots the price of by fixing the maximum ceiling. The face value of the a share will get automatic appreciation when the country experiences economic development. The convertible debt scheme will protect the interest of shareholders even though the company faces a poor source of financial sources.

5 0

2 years ago

For tax reasons, your client wishes to purchase an annuity that pays $100,000 each year for 6 years, with the first payment in o

Ne4ueva [31]

Answer:

the amount that should be invested now is $476,654

Explanation:

The computation of the amount that should be invested now is shown below:

= Payment made each year × (1 - (1 + rate of interest)^-number of years) ÷ rate of interest

= $100,000 × [1 - (1 + 7%)^-6] ÷ 7%

= $476,654

hence, the amount that should be invested now is $476,654

5 0

2 years ago