Answer:
Kindly find the following transactions of Marchetti Soup Company during the month of June below in the Explanation section
Explanation:
Solution
Transaction Account Title Debit Credit
1. Inventory 165,000
Accounts payable 165,000
2. Salaries expense 40,000
Cash 40,000
3. Accounts receivable 200,000
Sales 200,000
Cost of merchandise sold 120,000
Inventory 120,000
4 Cash 180,000
Accounts receivable 180,000
5 Accounts payable 145,000
Cash 145,000
Answer: excess demand, underestimate
Explanation:
P= 1200 - 2Q
300= 1200 - 2Q
2Q = 1200 -300
2Q = 900
Q = 900/2
Q = 450
Quantity demanded is 450 units
Quantity supplied Q - P = 300
Excess demand = 450 - 300 = 150
The policy will lead to excess demand of 150 per month.
P= 1200 - 2Q
P= 1200 - 2(300)
= 1200 - 600
= 600
Willing to pay price is $600.
Deadweight loss = 0.5 × (Price buyers are willing to pay - ceiling price) × (market quantity supplied - ceiling quantity supplied)
= 0.5(600-300)(400-300)
= 0.5(300)(100)
= 15000
Deadweight loss is $15000
The welfare loss underestimate the actual loss
Answer:
is this a essay question beacuse dont do those
Explanation:
Answer: (C) Withholding information
Explanation:
The withholding information is one of the type of holding information in which we easily hold the various types of data or information deliberately in order to showing more power as compared to others.
According to the question, the agent of the real estate are withholding the data or information from the buyers and the various types of new regulations are addressing to the specific withholding information ethical problem in the market.
Therefore, Option (C) is correct.
