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Serjik [45]
3 years ago
11

A decrease in input costs in the production of LCD televisions caused the price of LCD televisions to decrease. Holding everythi

ng else​ constant, how would this affect the market for video game consoles​?
A) The demand for video game consoles would decrease and the equilibrium price of video game consoles would decrease.
B) The demand for video game consoles would decrease because consumers could afford to buy fewer LCD televisions and video game consoles.
C) The supply of video game consoles would increase and the equilibrium price of video game consoles would decrease.
D) The demand for video game consoles would increase and the equilibrium price of video game consoles would increase.

Business
1 answer:
BabaBlast [244]3 years ago
7 0

Answer:

The answer is C) The supply of video game consoles would increase and the equilibrium price of video game consoles would decrease.

Explanation:

If there are changes in production costs, the entire supply curve will shift. A shift in supply means a change in the quantity supplied at every price.A decrease in production costs will cause the supply curve to shift to the right ( increase in supply). The effect is shown in the diagram attached.

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The concept of leverage is that a.a high debt-to-equity ratio is favorable. b.it is appropriate to borrow if the return on the a
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Answer:

b. it is appropriate to borrow if the return on the assets is greater than the cost of the financing.

Explanation:

A leverage can be defined as a process which typically involves the use of fixed-charged assets or items in a business with the intention of multiplying potential financial gains and returns.

In Financial accounting, the concept of leverage is that it is appropriate for a business firm to borrow an amount of money (debt), if the return on the assets (capital gain or income) is greater than the cost of the financing (debt or borrowed money).

Basically, financial leverage which is also known as trading on equity, is the utilization of debt (borrowed money) to acquire or purchase new assets with the intent and expectation that the income generated from these assets would exceed the cost incurred from borrowing. Thus, a business that engages in financial leveraging assumes that it would generate a higher income or capital gain from the amount of debt (borrowed money) used in its capital structure.

7 0
3 years ago
What is the purpose of a free-market system?
Nady [450]

Answer:

<em>D. To allow consumers and producers to make their </em>

<em>own decisions</em>

Explanation:

A <em>free-market system</em> is the market form determined by free market forces of demand and supply.

No government intervention takes place in this form of market as in a centrally planned economic system. This non- intervention of the government prevents <em>economic distortions</em> in the system, which is good for the market.

In a <em>free market system</em> the forces of demand and supply, decide the price of the goods and thereby the output adjustments. The consumers are free to decide the demand and producers are free to decide the product the supply of goods.

Hence, it can be said that <em>the purpose of a free-market system is to allow consumers and producers to make their own decisions.</em>

6 0
3 years ago
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DeKay Dental Supplies issued $10,000 of bonds on January 1, 2018. The bonds pay interest semiannually. This is a partial bond am
svp [43]

Answer: d. 8.0%

Explanation:

The Stated Annual Rate of Interest on a bond refers to the coupon rate which is the amount that the company promises to pay on the bond pay period.

Looking at the question, the company is paying $400 every 6 months on the $10,000 bonds . The interest therefore is;

= 400/10,000

= 4%

Company pays 4% on the bonds every 6 months.

This 4% should be stated in annual terms so;

= 4% * 2

= 8%.

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3 years ago
For the entries below, identify the account to be debited and the account to be credited. Indicate which of the accounts is the
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Mad Hatter Enterprises purchased new equipment for $373,000, terms f.o.b. shipping point. Other costs connected with the purchas
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Answer: $332,540

Explanation: find attached my solution in the document below.

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6 0
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