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3 years ago

How does supply and demand affect prices?

2 answers:

4 0

There is an inverse relationship between the supply<span> and </span>prices<span> of goods and services when </span>demand<span> is unchanged. If there is an increase in </span>supply<span> for goods and services while </span>demand<span> remains the same, </span>prices<span> tend to fall to a lower equilibrium </span>price<span> and a higher quantity of goods and services.</span>

irakobra [83]3 years ago

3 0

The higher the supply the lower the price will be and the higher the demand the higher the price will be. This means that they have an inverse relationship. In short, the more you need something the more you're willing to pay for it, and the less you need it the less you want to pay, and this is basically how the economy works when producing and selling.

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How much of the stuff bought in the madness gets returned shortly after?

babymother [125]

Usually, people will buy 2 or 3 products that function almost the same; after that, they will be returned goods that don't match what they want.

Return of goods can be done in accordance with the terms and a predetermined period of time. In addition, there must be proof of purchase.

Sales returns are receipts of goods by the seller that are returned from the buyer. With a return policy, every item that has been purchased can be returned to the store that sold it as long as it is within the specified time and money equal to the price of the item will be returned.

Reasons for consumers returning goods are generally because they do not fit the size (for example clothing, mattresses, shoes, and others), do not meet expectations or there are similar items that are more attractive and more useful.

Learn more about example of a return transaction here :

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7 0

1 year ago

Quickbrush Paint Company is developing a linear program to determine the optimal quantities of ingredient A and ingredient B to

Sonbull [250]

Answer:

A. 0.9x + 0.3y ≤ 10,000

Explanation:

Given

$x \to$ oil based plant

$y \to$ water based plant

The data can be represented in tabular form as:

$\begin{array}{ccc}{} & {A} & {B} & {x} & {90\%} & {10\%} & {y} & {30\%} & {70\%} & {} & {10000} & {5000}\ \end{array}$

Considering only A, we have the following constraints:

$A \to 90\% * x + 30\% * y$

$A \to 0.9x + 0.3y$

Since the company currently has 10000 of A.

The above constraint implies that, the mixture cannot exceed 10000.

So, we have:

$A \to 0.9x + 0.3y \le 10000$

<em>Hence, (A) is correct</em>

4 0

2 years ago

Dakota, Inc. is a merchandiser of medallions. The company soldâ€‹ 15,100 units during the year. The company has provided the fol

love history [14]

Answer:

$19.21

Explanation:

The computation of the unit cost per item is as follows:

Beginning merchandise inventory $52,000

Add: Purchases + freight in $293,000 ($280,000 + $13,000)

Less: Ending merchandise inventory -$54,900

Cost of goods sold $290,100

Now the cost of goods sold per unit is

= $277,100 ÷ 15,100 units

= $19.21

7 0

3 years ago

Martha receives $200 on the first of each month. Stewart receives $200 on the last day of each month. Both Martha and Stewart wi

Mekhanik [1.2K]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Martha receives $200 on the first of each month. Stewart receives $200 on the last day of each month. Both Martha and Stewart will receive payments for 30 years. The discount rate is 9 percent, compounded monthly.

To calculate the present value, first, we need to determine the final value.

i= 0.09/12= 0.0075

n= 30*12= 360

<u>Martha:</u>

FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}

A= montlhy payment

FV= {200*[(1.0075^360)-1]}/0.0075 + {[200*(1.0075^360)]-200}

FV= 366,148.70 + 2,746.12

FV= 368,894.82

Now, the present value:

PV= FV/ (1+i)^n

PV= 368,894.82/ 1.0075^360

PV= $25,042.80

<u>Stewart:</u>

FV= {A*[(1+i)^n-1]}/i

A= monthly payment

FV= {200*[(1.0075^360)-1]}/0.0075

FV= 366,148.70

PV= 366,148.70/1.0075^360

PV= $24,856.37

Martha has a higher present value because the interest gest compounded for one more time.

3 0

3 years ago

On January 1, 2019, Marigold Corp. Had the following stockholders' equity accounts.

Temka [501]

a. The preparation of the stockholders' equity section of the balance sheet at December 31 foro Marigold Corp. is as follows:

<h3>Stockholders' Equity Section:</h3>

Marigold Corporation

<h3>Balance Sheet</h3>

At December 31, 2019

Common Stock ($5 par value)

186,560 shares issued and outstanding $932,800

Paid-in Capital in Excess of Par Value-Common Stock 268,880

Retained Earnings 446,408

Total equity $1,648,088

b. The payout ratio and return on common stockholders' equity are as follows:

Payout ratio = Cash Dividends/Net Income

= 94% ($206,912/$220,000 x 100)

Return on Common Stockholders' Equity = Net Income/Beginniing Outstanding Equity

= 13.5% ($220,000/$1,635,000 x 100)

<h3>Data and Analysis:</h3>

Common Stock ($10 par value)

84,800 shares issued and outstanding $848,000

Paid-in Capital in Excess of Par Value-Common Stock 218,000

Retained Earnings 569,000

Total equity $1,635,000

Jan. 15 Retained Earnings $94,976 (84,800 x $1.12) Cash Dividends Payable $94,976

Feb. 15 Dividends Payable $94,976 Cash $94,976

Apr. 15 Retained Earnings $135,680 Stock Dividends Payable $135,680 ($16 x 84,800 x 10%)

May 15 Stock Dividends Payable $135,680 Common Stock $84,800 Paid-in Capital in Excess of Par Value $50,880

July 1 Common Stock increased to 186,560 at $5 each (84,800 + 8,480 x 2)

Dec. 1 Retained Earnings $111,936 (186,560 x $0.60) Cash Dividends Payable $111,936
Dec. 31 Net income for the year = $220,000

<h3>Retained Earnings:</h3>

Beginning balance $569,000

Net Income 220,000

Dividends:

Jan. 15 Cash Dividends (94,976)

Apr. 15 Stock Dividends (135,680)

Dec. 1 Cash Dividends (111,936)

Ending balance $446,408

Learn more about the stockholders' equity section at brainly.com/question/13373888

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3 0

2 years ago