The price changed in this market will be mathematically given as
P=93
<h3>What is the price change in this market?</h3>
P = 123 - 3Q
Generally, the equation for the statement is mathematically given as
P = 123 - 3Q
Therefore
=123-6Q1-30Q2-3=0
Where
Q1=120-3Q2/6
Hence
Q1=120-3(120-3Q1/6)/6
Q1=13.333
In conclusion,
P = 123 - 3(2*13.333)
P=93
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The firm purchased new machinery worth $50,000 for its production facility during that year would support Mark's argument.
Explanation:
Gross Investment as calculated by national income and production, is part of the gross domestic product (GDP) (Represented by Variable I), given in the formula GDP = C + I + G + NX,
where C is consumption, G is government spending, and NX is net exports, given by the difference between the exports and imports, X − M.
So savings are all that is left with total consumption, public spending and consumer spending are reduced (i.e. I = GDP − C − G − NX ).
The correct answer is $380 per unit.
The lower-of-cost-or market rule requires that you report the lower value of either the purchase price or current market price of items in inventory. In this case the current market price is lower, so it should be used when calculating the value of inventory.
Answer:
B) January 1, 2019
Explanation:
The earliest effective date of the S election after all the shareholders have consented to the election occurs on the first day of the first calendar year following the year that the corporation first had shareholders.