All categories

2 years ago

Q12. the "law of supply" refers to the fact that, all other things remaining the same, when the price of a good rises

1 answer:

8 0

Supply is the amount of specific goods and services that are available in the market to the consumers. The law of supply states that a higher price leads to increase in the quantity being supplied by producers or suppliers and a lower price leads to a lower quantity supplied. In this case when price of goods rises while maintaining other things constant, there is a movement up along the supply curve to a larger quantity supplied.

You might be interested in

Jensen is 25 years old, and he will be starting his career as a business analyst. According to Levinson, Jensen is in the _____

Svet_ta [14]

Based on the research studies and situation described, according to Levinson, Jensen is in the Novice phase of adult development.

Daniel Levinson was a famous researcher whose interest centered on different stages of life from childhood to old age.

Daniel Levinson concluded that early adulthood lies between the ages of 17 to 45.

This early adulthood is then categorized into two, the novice phase between 17 to 33 and the culminating phase, which is between 33 to 45.

Thus, given that Jensen is 25, it is concluded that according to Levinson, Jensen is in the Novice phase of adult development.

Hence, in this case, it is concluded that the correct answer is "Novice."

Learn more here: brainly.com/question/1578703

6 0

2 years ago

Quip Corporation wants to purchase a new machine for $300,000. Management predicts that the machine will produce sales of $200,0

butalik [34]

Answer:

net present value NPV = $79800

so correct option is D) $79,800

Explanation:

solution

we knw that Net Present value = PV of cash inflow - PV of cash outflow ............1

so here PV of cash outflow = $300000

and Net sales = $200000

expenses = $80000

Depreciation = $\frac{300000-50000}{5}$

Depreciation = $50000

so Net income before taxes = Net sales - Depreciation - expenses

Net income before taxes = $200000 - $80000 - $50000

Net income before taxes = $70000

and Tax expenses @ 40% = $28000

Net income = Net income before taxes - Tax expenses

Net income = $70000 - $28000

Net income = $42000

and

Depreciation = $50000

Net cash inflow = Net income + Depreciation

Net cash inflow = $42000 + $50000

Net cash inflow = $92000

and

PVIFA @ 10% 5 years = $3.7908

PV of cash inflow = $348755

PV of salvage value = $50000 ×0.6209

PV of salvage value = $31045

and

so here Total PV of total cash inflow = $379800

and

net present value NPV = Total PV of total cash inflow - PV of cash outflow

net present value NPV = $379800 - $300000

net present value NPV = $79800

so correct option is D) $79,800

7 0

3 years ago

Which statement describes the role of the Federal Reserve System? A. It prints all the paper money in circulation in the United

kumpel [21]

The job of the Federal Reserve System is to control the supply of money in the United States. Although it might seem like the Federal Reserve System prints the money as well, but this is in fact not true. The U.S. Treasury prints paper and coin currency and the Federal Reserve System distributes the money globally.

6 0

3 years ago

Read 2 more answers

Financial risk management is a component of enterprise risk management (ERM). ERM encompasses the methods and procedures used by

KiRa [710]

Answer:

Business risk.

Explanation:

Business risk (uncertainty associated with the ability to forecast EBIT due to factors such as sales variability and operating leverage).

6 0

2 years ago

Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is drive