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3 years ago

The demand curve:

Business

1 answer:

vovikov84 [41]3 years ago

5 0

Answer:

A. Shows how much buyers are willing and able to buy at different prices

Explanation:

Demand is defined as the amount or quantity of goods which as consumer is willing to buy coupled with the ability to pay at a give price and a particular price. Effective Demand is the want of goods that is backed up with the ability to pay

A demand curve is a diagrammatic representation of the relationship between price and quantity demanded at any point in time. A demand curve is derived from a demand schedule that shows how much a consumer (individual demand schedule) or consumers (market demand schedule ) is willing and able to buy at different price level.

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True or false? if prospects can get the answers to their questions and see themselves as characters in your story, they’ll be mo

Alexxx [7]

This is a <u>true</u> statement. If you can imagine yourself as a prospect who can get answers to your questions and as a character in a business story, you'll be more likely to buy from them rather than a business to which you can't relate.

To effectively tell your company's story, you must have a mission and supporting values that your prospects can relate to.

Your content's narrative conflict should be driven by the needs, problems, and buyer's journey stage of your prospects.

Always keep in mind that every story needs three storytelling components, such as characters, conflict, and resolution, so make sure yours is accurate and relatable.

Learn what appropriate questions a prospective buyer should ask about the operation of the business when buying an existing business: brainly.com/question/25211092

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7 0

1 year ago

Kiddie World uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost of goods sol

Sedbober [7]

Answer:

1. Cost to retail ratio = Cost of goods available for sale/ Retail value of goods available for sale

- Cost of goods available for sale = $430000 + $920000 + $62550 = $1412550

- Retail Value of goods available for sale = Retail value of inventory + Net Markup - Net Markdown = $565000 + $1340000 + $61000 - $31000 = $1935000

Cost to retail ratio = Cost of goods available for sale/Retail value of goods available for sale = ($1412550/$1935000)*100 = 73%

Sales value at retail = $1265000

So, Cost Of goods Sold = Sales Value at retail*Cost to retail ratio = $1265000*73% = $923,450

2. Ending Inventory Retail Value = Retail value of goods available for sale-Sales value at retail = $1935000 - $1265000 = $670,000

So, Cost of ending inventory = Ending inventory value at retail*Cost to retail ratio = $670000*73% = $489,100

8 0

2 years ago

Jones company lends Alabater Inc. $85,000 on August 6, 2018. This loan was memorialized with a signed note receivable with a rep

Tju [1.3M]

Answer:C) $2,125.

Explanation:

Interest = Principal x rate x time (period)

using days in a year = 360 days

Interest = $85,000 X 10% x 90/360

=$2,125

Therefore, Alabaster Inc, must repay the $85,000 principle and $2,125 in interest

8 0

3 years ago

:How is a ‘provision for reserve’ in a balance sheet, a liability or an asset. Explain.

Maslowich

Explanation:

A provision is indeed an item freed up from either a company's revenue to cover potential future costs or a probable property price decrease. It shows up as spending on the financial statements and is documented as a current liabilities.

3 0

2 years ago

Kawai Corporation, which makes and sells 85,000 radios annually, currently purchases the radio speakers it uses for $8.00 each.

andriy [413]

Answer:

Effect on income= $-117,500

Explanation:

Giving the following information:

Kawai Corporation, which makes and sells 85,000 radios annually, currently purchases the radio speakers it uses for $8.00 each.

Kawai estimates that the cost of materials and labor needed to make speakers would be a total of $6.50 for each speaker. Also, supervisory salaries, rent, and other manufacturing costs would be $170,000. Allocated facility-level costs would be $75,000.

Buy= 85000*8= $680,000

In house:

Production costs= 6.5*85,000 + 75,000= 627,500

Other fixed costs= 170,000

Total cost= $797,500

Effect on income= 680,000 - 797,500= $-117,500

3 0

2 years ago