Answer:
The entire demand curve will shift upwards
Explanation:
SEE IMAGE ATTACHED
The price P of a product is determined by a balance between production at each price (supply S) and the desires of those with purchasing power at each price (demand D). The diagram shows a positive shift in demand from D1 to D2, resulting in an increase in price (P) and quantity sold (Q) of the product.
Answer:
$1615
Explanation:
($575 + 650) 0.10 = $122.50
Find the future value of $122.50
Future value can be calculated using a financial calculator:
$122.50 = PMT
10 = N
6% = I/Y
Press compute then FV
Fv = $1615
I hope my answer helps you
Answer:
beginning supplies 1,600
Explanation:
With the following identity we will sovle for beginning supplies:
beginning + purchases = ending + expense
the left side are the input of supplies
and the right side are the output
we will plug into the formula and solve for beginning supplies
beg + 3,400 = 900 + 900
beg = 3,400 - 900 - 900 = 1,600