Which of the following is an example of a conditional statement?

true or false and then EXPLAIN why. Assume the economy produces five goods. If the prices of three of the goods increase, then t

Ipatiy [6.2K]

Answer:

The correct answer is False.

Explanation:

The prices of goods and services are fundamentally determined by their demand and supply. When they increase or decrease, it is because one of these two variables has led to a change. Specifically, an increase in prices occurs especially for three reasons.

Case 1: Supply is maintained and demand increases :

In this situation, companies continue to offer the same amount of a good or service, but we all buy more of them. This can happen for many reasons, among them, an increase in the population (there are more people and more traffic jams and more bikes are sold for circulation on the urban road), it becomes somewhat fashionable, our incomes increase, etc.

It can also happen that the price of a substitute rises (goods that give us exactly the same, such as orange soft drinks of one brand or another). If the price of brand X increases, the demand for brand Y will surely increase, since it will cover the same need at a lower price.

Case 2: Supply falls and demand remains :

A reduction in the supply of companies will make it more expensive. It can happen for a wide range of reasons: from the number of companies with these offers decreasing until the technology of some firms becomes outdated and only a few remain on the market. It may also happen that the price of inputs increases and that manufacturers cannot produce the same quantity as before due to this increase in price.

Case 3: Supply falls and demand increases :

In this case, a ‘mix’ of the phenomena that we have seen previously would take place. However, there are other more specific variables that cause prices to vary. For example, on occasion, governments artificially increase their monetary base. In other words, they use the strategy of manufacturing and issuing money, with more money in circulation than an economy really needs.

8 0

2 years ago

Which of the following is a common finding in looking at the statement of cash flows of a declining company?

mario62 [17]

Answer:

These are the options for the question:

a) A negative cash flow from operating activities

b) A negative cash flow from investing activities

c) A significant positive cash flow from financing activities

And this is the correct answer:

a) A negative cash flow from operating activities

Explanation:

Declining companies are characterized by a lack of revenue from regular operating activities.

If cash flow from operating activities is negative, it means that the company is not making enough money to meet its obligations, and that will likely cease to exist in the near future unless big changes happen.

5 0

2 years ago

Given the following information about Elkridge Sporting Goods, Inc., construct a balance sheet for June 30, 2013. On that date t

OLga [1]

Answer:

Retained Earnings = 109,909

Explanation:

$\left[\begin{array}{cccc}cash&25,135&AP&67,855\\AR&43,758&NP&36,454\\inventory&172,500&Long-term&222,300\\fixed \:assets&332,300&Common\: Stock&150,000\\other \: assets&13,125&RE&110,209\\Total Assets&586,818&Total L+E&586,818\\\end{array}\right]$

First

We add all the assets together. 586,818

Then

we add the lliabilities and common stock. 476,909

Finally

We use the accounting equation to solve for RE

Assets = Liab + Equity

586,818 = sum of liab and equity accounts

we know that all the accounts, except RE add to 476,909

586,818 = 476,909 + RE

586,818 - 476,909 = RE

RE = 109,909

5 0

2 years ago

1.) In the United States, nearly two thirds of Starbucks outlets are company owned; the remaining one-third is operated by licen

dexar [7]

Answer:

In United States, the organization has its own outlets on the grounds that the organization S-B has all the assets it requires to open its own stores.

It just licenses a little segment of its business in U.S and that excessively just to those areas where store network is hard to keep up.
The organization can without much of a stretch work through its own stores in America and would not need to fear about any opposition from licensees.

Organization S-B works in remote markets significantly through permitting on the grounds that purchasing its own stores in different nations would be expensive and dangerous.

The organization likewise would not need to stress over the skill of the nearby markets.
Despite the fact that this system gives lesser returns yet at the same time it is an a lot more secure methodology in contrast with direct venture.

8 0

3 years ago

Any home mortgage is classified to be of fixed-rate (F) or variable rate (V). Consider an experiment of randomly selecting a sam

Lisa [10]

Answer:

A) we would have 16 outcomes in the sample space.

B) when exactly 3 are fixed rate, then it would be 3 out of the 16 outcomes

C) when we have Event (all being the same), then we would have it to be 2 out of the 16 overall outcomes

D) for Event (almost 1 being variable rate), then the answer would be 3 out of the 16 overall

E) for the union of Event( C) and Event (D), then the answer would be 5 out of the 16 overall outcomes

F)1. for the union of Event (B) and Event (C) , we would have it to be 5 out of the 16 overall outcomes

F) 2. For the intersection of Event (B) and Event (C), then the result would be 3/16*2/16 =6/256

Explanation:

Note : by using the tree diagram,and taking f=fixed rate v=variable rate

A) Sample space ={ffff, fffv, ffvf, ffvv, fvff, fvfv, fvvf, fvvv, vfff, vffv, vfvf, vfvv, vvff, vvfv, vvvf, vvvv} =16 possible outcomes in all

B) Event (Exactly 3 are fixed) = {ffvf, fvff, vfff} =3/16

C) Event (The Same) ={ffff, vvvv} =2/16

D) Event(having at most 1 variable rate) ={ffvf, fvff, vfff) = 3/16

E) for the union of Event C and D above, we must recall that union is considered as addition in probability theory. So we just do, 2/16 + 3/16 =5/16

F)1. For the Union of Event B and C above, we would just do our usual addition, ie, 3/16 + 2/16 =5/16

F) 2. For the intersection of the same as question F) 1 above, it would be required that we multiple, since intersection is handled as multiplication in probability theory.

Hence, we'd have, 3/16 * 2/16 =6/256

4 0

2 years ago