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3 years ago

A supply shock is

1 answer:

4 0

1) A supply shock is a sudden increase in the price of an important natural resource, resulting in a leftward shift of the sras curve. Because the change is so sudden it really affects the equilibrium price of the good or service within the economy.

2) Stagflation is a combination of inflation and recession. Stagflation typically occurs because of supply shock.

3) Stagflation occurs when a supply shock shifts the sras to the left, increasing the price level and decreasing actual GDP.

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A company has the following accounts receivable and estimates of uncollectible accounts: Accounts not yet due = $61,000; estimat

Firdavs [7]

Answer:

The correct answer is $71,290.

Explanation:

According to the scenario, the computation for the given data are as follows:

Accounts not yet due = $61,000

Estimated uncollectible = 4%

So, Total uncollectible for Account not yet due = $61,000 × 4% = $2,440

Now, Accounts 1-30 days past due = $27,000

Estimated uncollectible = 15%

So, Total uncollectible for Account 1-30 days past due = $27,000 × 15% = $4,050

Similarly, Accounts more than 30 days past due = $162,000

Estimated uncollectible = 40%

So, Total uncollectible for Account more than 30 days past due = $162,000 × 40% = $64,800

Hence, the total estimated uncollectible accounts = Total uncollectible for Account not yet due + Total uncollectible for Account 1-30 days past due + Total uncollectible for Account more than 30 days past due

By putting the value we get,

= $2,440 + $4,050 + $64,800

= $71,290

8 0

4 years ago

In March 2012, the state of California started requiring that all packaging for food and drink with the additive 4-methylimidazo

Margaret [11]

Answer:

The demand curve for Pepsi and Coke would have shifted to the left, causing the price of both products to decrease and the profits for both companies to fall.

Explanation:

As in the question it is mentioned that the if the Pepsi and Coke do not change the formula and all other things being constant so the demand for the goods in case of the competitive market is that the demand curve is shifted to the left which results in a decrease in the price of both goods also due to price falls the profits for both companies dropped.

4 0

4 years ago

Xavier and Shawn are co-owners of a party-planning business. They split all of the profits 50-50 and are able to make decisions

pshichka [43]

In this instance, Xavier and Shawn are general partners. In this arrangement, all partners are equally responsible for the business, meaning they are both liable for any financial loss. LLC would protect their personal assets from this type of claim. Obviously, this isn't a sole proprietorship because there is more than one owner.

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3 years ago

Read 2 more answers

Oceanside Marine Company manufactures special metallic materials and decorative fittings for luxury yachts that require highly s

VladimirAG [237]

Answer:

The direct materials cost variance is $8,700 (Unfavorable)

Explanation:

What is the direct materials cost variance?

Actual Standarded Cost

Given 7.500*12

98700 90.000

Direct material cost variance =98.700 - 9.000 =$8,700 Unfavorable

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3 years ago

All of the following are benefits of following the ________ approach to target market selection: a strong knowledge of the segme

Tpy6a [65]

Answer:

single-segment concentration.

Explanation:

Single-segment concentration occurs when the company concentrates its operational, productive, marketing and sales efforts to serve a single market segment.

Advantages of this model include enhancing the effectiveness of concentrated marketing, which helps the organization achieve activity specialization, which increases the possibility of becoming a market leader and achieving a high return on investment.

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3 years ago