Answer:
consumers are now willing to purchase more of this product at each possible price.
Explanation:
When the demand for a good or service increases, it means that consumers are buying more. In this case, according to the law of supply and demand, increasing demand will decrease inventories of good and will make it scarcer, increasing the price.
Joey would score high on Consideration
Explanation:
Consideration is the advantage that the contract gives you. Everyone in a contract must therefore something promise to do. Furthermore, consideration gives each party a benefit. If the agreement fails to take into account, the agreement may become ineffective.
The trade of value by each party is considered in a contract. Services or products, although consideration can be whatever the parties accept, are most often exchanged or promised in a contract.
For example: Cash.
Answer:
0.4 or 40%
Explanation:
the formula used to calculate the reward variability ratio is:
reward variability ratio = (expected return - risk free rate) / standard deviation = (20% - 10%) / 25% = 10% / 25% = 0.4 = 40%
The reward variability ratio measures the return of a project, stock or investment, adjusted for its variability (standard deviation) compared to the risk free rate.
Answer:
$9,870
Explanation:
The computation of the new balance in the inventory account after considering the new purchases is given below;
New balance is
= Beginning balance + value of the purchase.
where,
Value of the purchase = purchase cost + freight cost- purchase discount
= $6,000 + $170 - $300
= $5,870
So,
New balance is
= $4,000 + $5,870
= $9,870
