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astra-53 [7]
3 years ago
7

Which of the following is an example of the law of supply?1. The price of gum has increased so producers are making more gum. 2.

Producers provide less of a good when the price increases. 3. The amount of a good purchased increases when the price decreases. 4. The price of labor has increased and producers decrease supply.
Business
1 answer:
polet [3.4K]3 years ago
3 0

Answer:

Option 1 is correct.

Explanation:

Law of supply indicates that there is a positive relationship between the price of a commodity and the quantity supplied of that commodity. This means that an increase in the price of a commodity then as a result there is an increase in the quantity supplied of that commodity because it will become more profitable for the producers to produce more and supply more.

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Kingbird Inc. owns equipment that cost $672,000 and has accumulated depreciation of $174,000. The expected future net cash flows
aev [14]

Answer:

Explanation:

In this scenario, we compare the values between book value and the fair value of equipment, the difference would be the loss on impairment of the asset

In mathematically,  

= Book value - fair value

where,

Book value = Equipment cost - accumulated depreciation

                   = $672,000 - $174,000

                   = $498,000

And, the fair value is $384,000

Now put these values to the above formula  

So, the value would equal to

= $498,000 - $384,00

= $114,000

Now the journal entry would be

Loss on impairment A/c Dr $114,000

      To Accumulated depreciation A/c $114,000

(Being the impairment loss is recorded)

4 0
4 years ago
Which statement is correct, all else held constant? A. Beta is used to compute the return on equity and the standard deviation i
Vsevolod [243]

Answer:

A decrease in a firm's WACC will increase the attractiveness of the firm's investment options.

Explanation:

hope this helps you :)

6 0
3 years ago
what term is used for the amount of time an activity can be delayed without delaying the early start date
garik1379 [7]

Complete Question:

<em>What term is used for the amount of time an activity can be delayed without delaying the early start date of any immediately following activities?</em>

Answer:

Free slack.

Explanation:

Free slack is a term is used for the amount of time an activity can be delayed without delaying the early start date of any immediately following activities.

Generally, in the execution of a project, when a task is delayed it normally affects the start or finishing time of the other tasks (successors) in a project. The amount of time that is permitted for an activity to be delayed without delaying the early start date of any immediately following (succeeding) activities refers to the free slack or having an adverse effect on entire project.

6 0
3 years ago
What does the relationship between the unemployment rate and the natural unemployment rate tell us about cyclical unemployment?
Lorico [155]

Answer:

C. less; negative

Explanation:

The unemployment rate=natural unemployment rate+cyclical unemployment rate

if The unemployment rate<natural unemployment rate then the cycalical rate of unemployment is negative.

7 0
3 years ago
Bob works as a forklift driver in a manufacturing plant. When he is at work, he is covered by workers compensation insurance. Hi
olya-2409 [2.1K]

Answer:

2. 24-hour coverage

Explanation:

Based on the description being provided based on Bob's workers compensation coverage policy it seems that his arrangement is best described as a 24-hour coverage. This refers to a policy that covers the individual at all times, 24 hours a day. While the individual is at work as well as when they are outside of work.

4 0
3 years ago
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