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kupik [55]
1 year ago
8

Refer to the accompanying graph. If the market price for the product falls, then which of the curves would shift?A. MCB. ATCC. A

VCD. D
Business
1 answer:
ella [17]1 year ago
6 0

If the market price for a product falls, the curve that would shift would be the D. Curve D.

<h3>What curve shifts with market price ?</h3>

In the given graph, the curve that would shift as a result of a shift in the market price would be the demand curve or D. This is because this demand curve is a horizontal curve which makes it perfectly elastic.

A perfectly elastic curve will change demand when there is a change in market price as more people will be interested in the good or service and try to get more or it.

Find out more on shifts in curves at brainly.com/question/29730751

#SPJ1

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Cart Co. purchased an office building and the land on which it is located for $750,000 cash and an existing $250,000 mortgage. F
Nat2105 [25]

Answer:

$600,000

Explanation:

The computation of the amount to be recorded for the building is shown below:

But first we have to determine the total acquisition cost of land which is as follows

= Cash + mortgage

= $750,000 + $250,000

= $1,000,000

Now it is mentioned that 60% is allocated to the building

So, it would be

= $1,000,000 × 60%

= $600,000

5 0
3 years ago
Name two types of insurance agents.
Anuta_ua [19.1K]
Flo
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The Allstate man<span>, Dennis Haysbert</span>
6 0
3 years ago
Read 2 more answers
For a competitive market, a: .a seller can always increase her profit by raising the price of her product.b.if a seller charges
Anarel [89]

Answer: b.if a seller charges more than the going price, buyers will go elsewhere to make their purchases

Explanation:

A competitive market is characterised by :

1. Firms in the market been price takers.

2. No barriers to entry or exit.

3. Perfect homogenous products.

Because goods in a competition market are homogenous, if a firm increases it's price, customers would go and buy the product from the firm that sells at the market price.

Also firms in a competitive market are price takers, so they cannot set the market price.

8 0
3 years ago
There are zero coupon bonds outstanding that have a YTM of 6.09 percent and mature in 17 years. The bonds have a par value of $1
dlinn [17]

Answer:

$3,606.49

Explanation:

the price of a zero coupon bond = maturity value / (1 + i)ⁿ

  • maturity value = $10,000
  • i = 6.09% / 2 = 3.045% semiannual interest rate
  • n = 17 years x 2 semiannual compounding = 34 periods

the price of a zero coupon bond = $10,000 / (1 + 3.045%)³⁴ = $10,000 / 1.03045³⁴ = $10,000 / 2.772779928 = $3,606.49

the formula we used to determine the market price of a zero coupon bond is basically the present value

6 0
3 years ago
Midyear on July 31st, the Digby Corporation's balance sheet reported: Total Liabilities of $102.335 million Cash of $8.040 milli
Ber [7]

Answer:

$27.63 million

Explanation:

Total equity = Common stock + Retained earnings

Common stock = Total equity - Retained earnings

Common stock = (Total assets - Total liabilities) - Retained earnings

Common stock = ($165.097 million - $102.335 million) - $35.132 million

Common stock = $62.762 million - $35.132 million

Common stock = $27.63 million

8 0
3 years ago
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