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2 years ago

Use the graph to answer the question that follows.

Business

1 answer:

Alex_Xolod [135]2 years ago

5 0

The statement that describes the shift from D1 to D2 is increase in the number of buyers for the product. (option 4)

<h3>What does the shift from D1 to D2 signify?</h3>

The graph represented in the image is that of a demand curve. The demand curve shows the relationship between price and quantity demanded.

The demand curve is negatively sloped because the higher the price, the lower the quantity demanded. This is in line with the law of demand.

When the demand curve shifts to the right, it indicates an increase in demand. When the demand curve shifts to the left, it indicates a decrease in demand. An increase in the number of buyers for the product would lead to an increase in demand which would translate to a rightward shift of the demand curve.

To learn more about the demand curve, please check: brainly.com/question/25140811

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The Andrews Company has just purchased $55,736,000 of plant and equipment that has an estimated useful life of 15 years. The exp

choli [55]

Answer:

Book value = $45,703,520

Explanation:

We can calculate the book value of purchase after its third year of use by deducting all three years of depreciation from the cost of the asset.

DATA

Purchase cost = $55,736,000

Useful life = 15 years

Salvage value = $5,573,600

Solution

Book value = Cost - Accumulated depreciation

Book value = $55,736,000 - $10,032,480(w)

Book value = $45,703,520

Working

Depreciation per year = $\frac{Cost-salvagevalue}{life}$

Depreciation per year = $\frac{55,736,000-5,573,600}{15}$

Depreciation per year = $3,344,160

Depreciation for 3 years = $3,344,160 x 3

Depreciation for 3 years = $10,032,480

Three years accumulated depreciation for three years would be $10,032,480

3 0

3 years ago

Good X is produced in a competitive market using input A. Explain what would happen to the supply of good X in each of the follo

a_sh-v [17]

Answer:

a. It will increase.

b. It will decrease

c. It will decrease

d. it will increase.

Explanation:

If the price of an input needed for production of good X decreases, the cost of production of good X reduces. It becomes cheaper to produce good X and and as a result the supply of good X would increase.

An increase in tax increases the cost of production and makes production of good X more expensive. As a result, the supply of good X would fall.

technological change that reduces the cost of producing additional units of good X, would make the production of good X less expensive. As a result, the supply of good X would increase

3 0

3 years ago

The primary policy tool used by the fed to meet its monetary policy goals is.

Makovka662 [10]

The primary tool used by the Fed to achieve monetary policy goals is <u>Open Market Operations.</u>

<h3>What are Open Market Operations (OMO)?</h3>

This refers to the trading of securities by the fed.
Securities traded include bills, notes, and bonds.

When the fed wants to increase the money supply, they will buy these securities from the public. If it is a decrease they they seek, they will sell securities to the public.

In conclusion, this is Open Market Operations.

Find out more about Open Market Operations at brainly.com/question/14256204.

5 0

2 years ago

Adams Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Adams est

lana [24]

Answer:

Applied overhead 349,500

Explanation:

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

To calculate the manufacturing overhead rate we will distribute the expected overhead cost over a cost driver.

For this case, the overhead will be 343,500

and the cost driver is the direct labor cost 229,000

overhead rate: 343,500 / 229,000 = 1.5

<u>Applied overhead during the year:</u>

actual cost driver x predeterminate rate

actual labor cost 233,000 x 1.5 = 349,500

3 0

4 years ago

Wesley lives in a country with little protection under the law for conducting business or bringing his ideas about a revolutiona

likoan [24]

Answer:

Explanation:

Patents are a right granted to an inventor to exclusively sell a product for a specific period of time usually for 20 years. During this period, others are prevented from making, using, or selling the invention.

Types of patents include:

1. utility patents

2. design patents

3. plant patent

Because Wesley's country does not have a strong patent law, the best option for Wesley is to move to a country with strong patent laws so his invention can be protected.

4 0

3 years ago