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3 years ago

If consumers expect a shortage of consumer goods in the future, what will happen to output and price level?

1 answer:

4 0

The answer is decrease in output level and increase in price. Output decreases because consumers assume a shortage of goods, so they purchase more products. The producers on the other hand, also see the shortage in the future, so they decrease production now or build up stocks of goods to sell later (when there is a shortage) to make the most of their profits. Price increases since there is a shortage of goods, producers increase the price to maximize profits meaning people are willing to pay more, but will buy less just to satisfy their needs.

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Cost-volume-profit analysis is based on necessary assumptions. Which of the following is not one of these assumptions? Select on

ArbitrLikvidat [17]

Answer:

b. Relevant range includes all possible levels of activity that a company might experience.

Explanation:

In the cost-volume profit analysis, there are following assumptions which are described below:

1. There are two types of cost i.e variable cost and the fixed cost.

2. The sale mix remains same in case of multi product company

3. The volume of sales equals to volume of production

4. The cost is linear over the appropriate range i.e variable cost per unit and the fixed cost which remains same plus the selling price is also constant.

6 0

3 years ago

Kevin purchases 1,000 shares of Bluebird Corporation stock on October 3, 2019, for $300,000. On December 12, 2019, Kevin purchas

Zinaida [17]

Answer:

a. $510.000

b. $22.500 gain

c. $16.785 gain

Explanation:

a. Kevin bought in total 1750 shares, and for it he spent $510.000

So 1 share is $291,43

b. He bought 500 shares 12.12.2018 for $140.000, then he sold those 500 shares for $162.500. Difference is the gain of $22.500

c. Not knowing from which batch of shares did he sell his shares we already know that avg 1 share is $291,43, so 500 share is $145.715 and he has sold 500 shares for 162.500. Difference is the gain of $16.785

8 0

3 years ago

Tom is talking to his friend Bob, who has an interest in Freedom, LLC, about purchasing his LLC interest. Bob's outside basis in

sleet_krkn [62]

Answer:

Option B is correct.

Tom's outside basis be in Freedom,LLC=$26,100

Explanation:

Option B is correct.

Amount Paid by Tom for buying Bob's LLC interest=$23,000

Tom's Share of LLC debt= $3,100

Tom's outside basis be in Freedom,LLC= Amount Paid by Tom for buying Bob's LLC interest + Tom's Share of LLC debt

Tom's outside basis be in Freedom,LLC= $23,000+$3,100

Tom's outside basis be in Freedom,LLC=$26,100

8 0

3 years ago

What are the documents required by the department of trade and industry when registering a private company

damaskus [11]

If this is in relation to South Africa then my answer is:

THREE DOCUMENTS REQUIRED BY THE DTI South Africa.
These forms should be completed and submitted with corresponding attachments.

1) NLA 1 - Part of Application for Registration or Application to transfer Registration or Notice of Review.
Attach the following requirements:
a) business zoning certificate (industrial) or consent letter (municipality)
b) comprehensive written representation in support of the registration
c) any determinant, consent approval or authority required
d) valid proof that the required application fee has been deposited in dti's bank account
e) valid certified copy of IDs or passports of applicant/s
f) trading business permit (foreign applicant)
g) SAPS police clearance issues within 3 months from date of application
h) valid copies of registration from CIPC (juristic person applicant)
i) valid tax clearance certificate from SARS issued with 12 months from date of application (juristic person applicant)
j) verification certificate issued in compliance to B-BBEE Act.

2) NLA 9 - Registration Certificate

<span>3) NLA 7 - Consent to or refusal of proposed conditions of registration.</span>

6 0

3 years ago

If we standardized both variables, what would be the regression equation that predicts standardized mortgage amount from standar

aalyn [17]

Answer:

$b_{1}$ = r $\frac{Sy}{Sx}$ = -0.84

$b_{0} = y - b_{1} x$

The mortgage will be 220.88

The interest amount will be 7.768

Explanation:

Regression model is used to identify the relation between two variables. In the given question the regression model fits best to identify the mortgage amount from interest rates. The interest rate and mortgage both are quantitative values so the regression model is most suitable for this.

4 0

3 years ago