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Tanzania [10]
1 year ago
14

an individual demand curve is a graph: that plots the quantity of an item that someone plans to buy, at one single price point.

that plots the market price of a product at different points in time. that plots the quantity of an item that a seller plans to sell, at each price. that plots the quantity of an item that someone plans to buy, at each price.
Business
1 answer:
3241004551 [841]1 year ago
8 0

An individual demand curve is a graph: That plots the quantity of an item that someone is planning to buy, at each price.

Individual call for Curve: the relationship between the quantity of a product a single consumer is inclined to shop for and its price. Marketplace demand Curve: the connection among the amount of a product that every  consumers within the market are willing to shop for and its price.

The demand curve is a graphical representation of the relationship among the rate of a terrific or provider and the quantity demanded for a given time frame. In a regular representation, the price will appear on the left vertical axis, the quantity demanded at the horizontal axis.

Learn more about demand curve here:- brainly.com/question/1139186

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You might be interested in
Maisley Company decided to analyze certain costs for June of the current year. Units started into production equaled 28,000 and
Hatshy [7]

Answer:

The conversion cost per unit is $4.83

Explanation:

First step is to determine the Total Equivalent units of Production for Conversion costs.

Assuming that Maisley Company uses the FIFO method in its production, the following is the Total Equivalent Units of production for conversion costs :

To Finish Opening Work In Process                             0

Started and Completed                                           28,000

Closing Work In Process (4,000 × 25%)                    1,000

Total Equivalent Units of production                      29,000

Then find cost per equivalent unit of production for conversion costs.

Cost per equivalent unit = Total Current Period Cost / Total Equivalent Units of production  

                                        =  $140,000 / 29,000

                                        =  $4.827586

                                        =  $4.83

Conclusion :

The conversion cost per unit is $4.83

4 0
3 years ago
Shen's Performance Pizza is a small restaurant in Philadelphia that sells gluten-free pizzas. Shen's very tiny kitchen has barel
max2010maxim [7]

Answer:

In the short run, these workers are <u>VARIABLE</u> inputs, and the ovens are  <u>FIXED</u> inputs.

NUMBER OF         OUTPUT (PIZZAS)                 MARGINAL PRODUCT

<u>WORKERS      </u>       <u>                              </u>                 <u>OF LABOR (PIZZAS)</u>

0                                     0                                                    -

1                                    100                                               100

2                                   180                                                 80

3                                  240                                                 60

4                                  280                                                 40

5                                  300                                                20

Marginal product of labor is how much does total output change if one additional unit of labor is employed. The formula used to calculate it = total output with n+1 workers  minus total output with n workers.

4 0
3 years ago
Hotel Cortez is an all-equity firm that has 10,900 shares of stock outstanding at a market price of $37 per share. The firm's ma
Stella [2.4K]

Answer:

$32,264.07

Explanation:

The computation of the Break-even EBIT  is shown below:

(EBIT ÷ Number of shares) = (EBIT - Interest) ÷ Number of shares  

(EBIT ÷ 10,900) = (EBIT - $66,000 × 0.08) ÷ (10,900 - (66,000 ÷ $37))

(EBIT ÷ 10,900) = (EBIT - $5,280) ÷ (10,900 - 1,783.78)

(EBIT ÷ 10,900) = (EBIT - $5,280) ÷ (9116.22)

After solving this, the value of break-even EBIT is $32,264.07

6 0
3 years ago
Dell works with software creators such as Oracle and Microsoft to help increase business sales of its servers and their software
kiruha [24]

Dell works with software creators such as Oracle and Microsoft to help increase business sales of its servers and their software. This is an example of a strategic alliance.

A strategic alliance refers to a mutual bond between two companies that are arranged where they create their project while maintaining a certain degree of independence in decision-making.

  • This agreement between two companies adheres to a set of mutually agreed upon clauses and protocols while remaining independent organizations in and of themselves.
  • Strategic alliances are usually made in order to collaborate upon a project that ends up being beneficial for both the companies involved in the alliance, without hampering the independent capacities of any particular company.
  • Strategic alliance helps by expanding into a newer market, introducing new products, and efficiently dealing with new and potential competitors.

Therefore, Dell works with software creators such as Oracle and Microsoft to help increase business sales of its servers and their software. This is an example of a strategic alliance.

Learn more about a strategic alliance here: brainly.com/question/4467038

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7 0
2 years ago
Advanced Automotive pays $ 320 comma 000 for a group purchase of​ land, building, and equipment. At the time of​ acquisition, th
Viktor [21]

Answer:

Advanced Automotive

Allocation of Historical Cost

Land = $64,000

Building = $32,000

Equipment = $224,000

Journal Entries

Dr - Property, Plant and Equipment - $320,000

Cr - Account Payable - $320,000

Explanation:

Workings

Land = $70,000 × ($320,000/$350,000) = $64,000

Building = $35,000 × ($320,000/$350,000) = $32,000

Equipment = $245,000 × ($320,000/$350,000) = $225,000

7 0
3 years ago
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