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1 year ago

the supply curve slopes upward because at a higher price, producers have an incentive to produce more

1 answer:

6 0

The supply curve slopes upward because at a higher price, producers have an incentive to produce more and supply a larger quantity.

More about the supply curve:

The supply curve illustrates the relationship between the price of an item or service and the volume delivered over a specific time period. In a typical scenario, the amount supplied will be shown on the horizontal axis and the price will be shown on the left vertical axis.

The law of supply is expressed by the supply curve, which rises from left to right: The amount supplied rises as a certain commodity's price rises. A new supply curve must be created if a component other than price or quantity changes.

Learn more about the supply curve here:

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Assume that a $1,000,000 par value, semiannual coupon US Treasury note with four years to maturity has a coupon rate of 3%. The

xenn [34]

Answer:

$746,617.36

Explanation:

Using a financial calculator, input the following to calculate the price of the US Treasury note. I'm using Texas Instruments BA II Plus model;

Face value of the bond ; FV = 1,000,000

Semiannual coupon payment; PMT = Coupon rate * Face value ;

PMT= (3%/2) *1,000,000 = 15,000

Time to maturity of the note ; N = 4*2 = 8

Semiannual interest rate; I/Y = 11% /2 = 5.5%

then compute the Present value of bond or price; CPT PV = $746,617.36

8 0

3 years ago

Which of the following is NOT a proposition of the Heckscher-Ohlin model? Countries will completely specialize in the product in

irina [24]

Answer:

Countries will completely specialize in the product in which they have a comparative advantage if free trade is allowed to occur. ( first choice)

8 0

3 years ago

Santorino Company produces two models of a component, Model K-3 and Model P-4. The unit contribution margin for Model K-3 is $6;

tresset_1 [31]

Answer:

Contribution per unit of scare resource (in hour) = $24 per hour

Explanation:

The question falls under the limiting factor analysis

When a business is faced with a problem of shortage of a resource which can be used to produced more than one product type, to maximize the use of the resource , the business should allocate it for production purpose in such a way that it maximizes the contribution per unit of the scare resource.

Therefore Santario Company should allocate the machine hours to maximize the contribution per unit of machine hour.

Contribution per unit of scare resource is determine as follows:

Contribution per unit of scare resource for Model K-3

Contribution per unit of Model K-3 = $6

Machine time per unit = 15 minutes

Contribution per unit of scare resource in minutes

=Contribution per unit/Machine time per unit

= 46/15 minutes

= $0.4 per minute

Contribution per unit of scare resource (in hour)

$0.4 per minutes× 60

= $24 per hour

7 0

3 years ago

A client, age 67, owns his own home free and clear. The customer has an annual income of $25,000, mainly from social security an

FromTheMoon [43]

Answer:

The best recommendation to be made to this client is to do nothing.

Explanation:

Investment in stock is a highly risky investment because price of stock often fluctuates which can make an investor to lose a lot of money.

From the question, the client is already old at age 67 with a low income and he does not have any other liquid assets apart from the annual income of $25,000, mainly from social security and interest on funds held in a bank savings account.

Since losing so much money through investment in stock is not affordable to him, the best recommendation to be made to this client is to that he should do nothing.

3 0

3 years ago

Difference between bookkeeping and accounting in table

Sladkaya [172]

Answer:

Bookkeeping is related to the recording measuring, and finding the financial data of a company and Accounting is the process where in the company's financial data is summarized, and a report is prepared for the same.

Explanation:

hope this will help you

3 0

3 years ago