1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Crazy boy [7]
3 years ago
10

Assume that demand increases from D1to D2; in the new long run equilibrium, price settles at a level between P1and P2This means

that the industry in question is a(n) __________-cost industry.a. decreasingb. increasingc. constantd. marginale. low
Business
1 answer:
aksik [14]3 years ago
6 0

Answer:

The answer is B. Increasing

Explanation:

An increasing-cost industry is an industry whose costs for production increase as more companies compete.

Why is this so? - This is because each new company in the industry increases its demand for supplies and factors needed for production.

A decreasing‐cost industry is one where costs of production reduces as the industry expands.

You might be interested in
Small businesses are important to the U.S. economy because
horsena [70]

Answer:

D) They create about 65% of new jobs each year and generate over 50% of the U.S. GDP.

Explanation:

Small businesses employ over 99 percent of all the private-sector employees in the US. In figures, they hire over 130 million people. Besides that, 60 to 80 percent of all new jobs created every year come from small businesses.

In revenue generation, Small business makes 54 percent of US sales. They contribute over six trillion-dollars to the economy or 50 percent of the country's GDP

6 0
3 years ago
Bonds are securities that can be readily bought and sold. A bond issue consists of a number of bonds, usually in denominations o
Kipish [7]

A bond issue consists of a number of bonds, usually in denominations of $1000 or $5000 and is sold to many different lenders.

<h3>What is a bond?</h3>

It should be noted that bonds are securities that can be readily bought and sold.

In this case, a bond issue consists of a number of bonds, usually in denominations of $1000 or $5000 and is sold to many different lenders.

Learn more about bonds on:

brainly.com/question/25965295

#SPJ1

7 0
1 year ago
"Liberty may be endangered by the abuse of liberty, but also by the abuse of power."—James Madison Which of the following statem
Alex73 [517]

Answer:

James Madison is known as the Father of the Constitution, and he worked very hard to limit the powers of the government branches, so that no government branch would be more powerful than the other two. He was a great supporter of the Bill of Rights, which also limited the power of the government towards the citizens of the nation.  

This specific quote refers to the checks and balances system that prevents any of the three branches of the US government; executive, legislative and judicial, from becoming too powerful.

5 0
3 years ago
Fitzgerald Tech owns 20,000 shares of Buchanan Industries, which it purchased for $450,000 in 2016. On March 6, 2020, Fitzgerald
cupoosta [38]

Answer:

The debit to the retained earning should be $750,000 for this transaction because that is the market value of the asset to be distributed as dividend.

Explanation:

Property dividend is a form of dividend payout that involves distribution of company`s assets to equity holders as a form of return. These assets can be inventory, marketable securities or investment in a subsidiary.

For this distribution to be formal, it must be approved by the board of directors of the company. After approved and declared, the accounting entries can now be passed.

The accounting entries needed are:

Debit: Retained Earnings with the amount of the asset distributed.

Credit: Dividend Payable with the amount of the asset distributed.

It is important to note that  the market value of asset to be distributed should be considered i.e the market value of the asset must be recognized in the book. The difference in book value and market value of the investment will be recognized in respective asset ledger account prior transfer to retained earnings.So that the market value of the investment is recognized on the debit side of retained earnings

In the case of Fitzgerald, $750,000 will be debited to retained earnings since it is the market value of the asset to be distributed.

8 0
3 years ago
Jones Company has the following data to make 10,000 seats for its bicycles: Variable Product Costs 80,000 Fixed Product Costs 10
klasskru [66]

Answer:

The company should make the bicycle seats.

Explanation:

Given:

Number of seats to be made = 10,000

Variable cost = 80,000

Fixed cost = 10,000

Outside source cost for seats = $ 8.50 per seat

Since, the fixed cost of the seats cannot be eliminated. Therefore, the deciding factor will only be the variable cost.

Thus,

contribution margin per unit seat if made by own

= ( Variable cost / Number of seats )

Or

= 80,000 / 10,000

or

= $ 8

now,

the making the seats by own is $ 0.5 cheaper.

Hence, the company should make the bicycle seats.

4 0
3 years ago
Other questions:
  • Lebron james, stephen curry, and other athletes are paid huge sums of money by companies for celebrity endorsements. if endorsem
    6·1 answer
  • Suppose that on January 6, 2018, Excel Motors paid $240,000,000 for its 45% investment in Dynamic Motors. Excel has significant
    15·1 answer
  • List at least three reason saving are importan
    5·1 answer
  • Most state and local income taxes are either... (insert big wrinkle response here).
    7·2 answers
  • You've decided to buy a house that is valued at $1 million. You have $150,000 to use as a down payment on the house, and you tak
    10·1 answer
  • Please help me with personal finance!!! NO LINKS!!!
    9·1 answer
  • Kumi, your coworker, has been working on his taxes for the last two months. If Kumi gets audited this year, he is likely to beli
    15·1 answer
  • What does the slope of the production possibilities curve represent? (1 point)
    13·1 answer
  • The U.S. government agency that advises and assists small businesses by providing management training and financial advice and l
    8·1 answer
  • Economists study international trade or trade between countries. List which countries you think are the top four trading partner
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!