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photoshop1234 [79]
3 years ago
15

In the classic downward-sloping demand curve, as price increases, the demand for the product or service

Business
1 answer:
vesna_86 [32]3 years ago
5 0
The demand for a product or service would likely decrease as price increases as far as the classic downward-sloping demand curve is concerned. In addition, this specific type of demand curve characterises increase of consumer demand as the price significantly falls. 
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Mini-Case: Read the mini case and answer the questions that follow. Suppose the local Honda dealership is offering a special lea
ASHA 777 [7]

Answer:

It would take 36 months

Explanation:

Based on the information given we were told that the dealership offers to lease the Honda Accord for 36 months which means that if Nigel have make a choice to lease the Accord by entering into a contract with the dealership after which the lease amount is paid by Nigel each month for 36 months in a situation were the contract terms cannot be possibly carried out within a year, Based on the terms of this contract between Nigel and the Honda dealership the performance of the contract would take 36 months because the Honda Accord lease deal is 36 months and secondly the lease payment is made every month for 36 months.

8 0
3 years ago
Paxton Company can produce a component of its product that incurs the following costs per unit: direct materials, $9.50; direct
mrs_skeptik [129]

Answer:

$7.50 per unit

Explanation:

Cost of buying from outside supplier = $33 per unit.

Relevant cost of making such component in-house = Direct materials+ Direct labor+ Variable overhead

= $9.50 per unit + $13.50 per unit + $2.50 per unit

= $25.50 per unit

Net incremental cost of buying the component = Cost of buying from outside supplier- Relevant cost of making such component in-house

= $33.00 per unit - $25.50 per unit

= $7.50 per unit

4 0
2 years ago
Input definition.......
Elan Coil [88]
Something that is put in.

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3 0
3 years ago
You invest $10,000 at 4% interest, which will be compounded semiannually. How much will you have in 5 years?
Alborosie
You will have $2,167 or in total you will have $12,167
3 0
3 years ago
Grey Corporation has $100,000 of accounts receivable on December 31, 2015. The unadjusted balance of its Allowance for Doubtful
Ksenya-84 [330]

Answer:

4,000

Explanation:

expected uncollectible 5% of Ar

5% of 100,000 = 5,000

current balance  (1,000 credit)

Adjustment 4,000

When the uncolelctibles are made base on account receivable, the amount calculate is the ending balance and we should calculate the adjustment  by the diference between beginning balance and ending balance

If the allowance is made based on sales then weshould adjust for the whole amount of the expected bad debt

4 0
3 years ago
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