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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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Although it is extremely difficult to make accurate forecasts of the revenues that a project will generate, projects' initial ou
qaws [65]

Answer: False

Explanation:

Forecasting Costs and Initial outlays are generally just as hard to predict as Revenue Forecasts. The future is hard to predict and does not differentiate between Costs and Revenues and in the case of Larger Projects, it is EVEN HARDER to forecast costs as their costs could widely deviate from initial estimates once they begin.

Take for example large scale government projects with the Berlin Brandenburg airport being a shinning example. It was supposed to open in 2012 but has still not opened till today and is billions of Euros off the initial cost projection.

8 0
2 years ago
Marko, Inc., is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $6,200, $11,200, and
Serggg [28]

Answer:

$27,965.4393

Explanation:

Given:

Cash flow for first year (C1) = $6,200

Cash flow for second year (C2) = 116,200

Cash flow for third year (C3) = $17,400

Rate of return = 10% = 10/100 = 0.1

Computation of total price :

Total Price = \frac{C1}{(1+r)^1} +\frac{C2}{(1+r)^2} +\frac{C3}{(1+r)^3}

Total\ price = \frac{6,200}{(1+0.1)^1} +\frac{11,200}{(1+0.1)^2} +\frac{17,400}{(1+0.1)^3}\\\\Total\ price = \frac{6,200}{(1.1)^1} +\frac{11,200}{(1.1)^2} +\frac{17,400}{(1.1)^3}\\\\Total\ price = \frac{6,200}{(1.1)} +\frac{11,200}{(1.21)} +\frac{17,400}{(1.331)}\\\\Total\ price = 5,636.36364 + 9256.19835 +13,072.8775\\\\Total\ price = 27,965.4393\\\\

Therefore, Marko Inc. will  pay $27,965.4393  

8 0
2 years ago
Assume Simple Co. had credit sales of $247,000 and cost of goods sold of $147,000 for the period. Simple uses the percentage of
zubka84 [21]

Answer:

$4,720

Explanation:

<h2>Tricky, but EASY!</h2><h2 /><h3>The balance for <em><u>ALLOWANCE FOR DOUBTFUL ACCOUNTS</u></em> should be 2% of Credit Sales. </h3>

That is 2%(247,000)= 4,940.

<h3 />

However, there is already a balance of 220. So we must adjust it to be equal to 4,940 by adding the difference!

4,940 -220= 4,720

<h2>And the entry is</h2><h2 />

Bad debt expense  4,720

                    Allowance for Doubtful Accounts 4,720

<h3 />

<h3 /><h3 /><h2 /><h2 />
4 0
3 years ago
The standards used to determine whether a group member's actions are acceptable are
Olenka [21]
Do you have a picture of this example?
5 0
3 years ago
Car manufacturers of expensive​ models, such as Mercedes or​ Audi, insist on wrap covering each individual vehicle with protecti
Contact [7]

Answer: Form utility.

Explanation:

The manufacturers of the expensive car brands are trying to ensure that the cars have a high form utility when the consumers want to purchase them from dealers. The form utility is the utility a consumer derives from a product when it has been converted from raw materials to finished product.

8 0
3 years ago
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