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Assoli18 [71]
1 year ago
8

In the market for cell phones, if the supply of cell phones increases what will happen to the price and quantity of cell phones?

.
Business
1 answer:
charle [14.2K]1 year ago
3 0

If the supply of cell phones increases, the price of cell phones will reduce and the quantity of cell phones would increase.

<h3>What is the impact of an increase in the price of cell phones?</h3>

When the market of a good is in equilibrium and the supply for a good increases, the supply curve would shift to the right while the demand curve remains unchanged.

At the new equilibrium of the supply curve and the demand curve, price would be lower and quantity would be higher.

To learn more about an increase in supply, please check: brainly.com/question/14727864

#SPJ1

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One problem with conflicts of interest is that they can reduce the ________ in financial markets, thereby increasing ________. Q
luda_lava [24]

Answer:

The answer is Quality of information and Asymmetric information

Explanation:

        Information quality is a multi-attribute concept, it is said to define the quality of information are of good quality or of high value then the information is said to have good quality.

        Asymmetric information also regarded as "information failure" occurs in a business environment in which some agent in a trade possesses information while other agents involved in the same trade do not.

3 0
2 years ago
A firm has earnings before interest and taxes of $27,130, net income of $16,220, and taxes of $5,450 for the year. While the fir
Shtirlitz [24]

Answer:

The answer is -$4,940

Explanation:

Net income = Profit before interest and tax minus interest minus taxes

We rewrite the formula to get interest:

Interest = Profit before interest and tax minus taxes minus net income

= $27,130 - $5,450 - $16,220

=$5,460

Cash flow to creditor equals:

Amount repaid to suppliers minus new amount borrowed plus interest

$31,600 - $42,000 + $5,460

-$4,940

7 0
3 years ago
Read 2 more answers
The following is a partial unadjusted Trial Balance.
PilotLPTM [1.2K]

Answer:

Supplies Expense         12500

Explanation:

<em>Bravo Unlimited</em>

<em>Adjustment Entry</em>

Date                          Particulars                     Debit           Credit

February 29          Supplies Expense         12500

                                      Supplies Account                       12500

( Opening bal+ purchases- Ending bal= Expense= 2000+ 12000- 1500= 12500

At the month end Supplies were used for $ 12500 and supplies on hand are $ 1500.

On 2nd Feb the supplies account totalled $ 14000 but $5000 supplies had been expensed  so the total amount of supplies used up is calculated by (Opening bal+ purchases- Ending bal= Expense) the formula given above.

5 0
3 years ago
When Mayo Clinic conducted its analysis during the 1980s, what two segments of the general environment did it initially focus on
Georgia [21]

Answer: a. Demographic and Economic .

Explanation:

In Mayor's clinic analysis of the future, it was stated that both the economic and demographic trends looked bleak.

6 0
3 years ago
A major contribution of the Miller model is that it demonstrates, other things held constant, that ____
deff fn [24]

Answer: The correct answer is "personal taxes lower the value of using corporate debt".

Explanation: A major contribution of the Miller model is that it demonstrates, other things held constant, that: <u>personal taxes lower the value of using corporate debt.</u>

<u />

8 0
2 years ago
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