I beleive the answer is C Side Effect
add me!
These are the factors by how it shifts the current demand curve to a new position:
Shifts left
- 2% rebate on a Toyota Camry, a substitute good
- Big sale coming in three months
Shifts right
- Free brake inspections
- Consumers' income increases by 10%
Answer:
$4,373
Explanation:
we will check lower of cost or market for individual items:
Minolta :
= Market value per unit × No. of units
= 158 × 5
= $790
Canon :
= Cost per unit × No. of units
= 145 x 7
= $1,015
Vivitar:
= Market value per unit × No. of units
= 114 x 12
= $1,368
Kodak:
= Cost per unit × No. of units
= 120 x 10
= $1,200
Total amount should be reported on Brik Camera Shop's financial statements:
= $790 + $1,015 + $1,368 + $1,200
= $4,373
Answer:
$48,200
Explanation:
Given:
Selling price of home = $140,000
Acquisition price = $45,000
Closing cost = $2,000
Cost of fireplace and family room = $35,000
Real estate commission = 0.07 × 140,000 = $9,800
Total adjusted basis = 45,000 + 2,000 + 35,000 + 9,800
= $91,800
Taxable gain = Selling price - adjusted basis
= 140,000 - 91,800
= $48,200