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34kurt
3 years ago
10

"Falling oil prices have caused a sharp decrease in the supply of oil." Speaking precisely, this quotation is ______.a. Correct;

a decrease in price always causes a decrease in supplyb. Incorrect; a decrease in price causes an increase in supply, not a decrease in supplyc. Incorrect; a decrease in price causes an increase in the quantity supplied, not a decrease in supplyd. Incorrect; a decrease in price causes a decrease in the quantity supplied, not a decrease in supply
Business
1 answer:
FinnZ [79.3K]3 years ago
5 0

Answer: Option (d) is correct.

Explanation:

According to the law of supply, it states that there is a positive relationship between the price of a commodity and the quantity supplied of a commodity. This means that as the price of a commodity increases, as a result the quantity supplied of that commodity increases.

Therefore, any change occur in the prices of a commodity will affect the quantity supplied of a commodity not supply of a commodity.

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Answer: $19,800

Explanation;

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Total Cost = Average Total Cost * Quantity produced

At the point where MR=MC, the quantity produced is 1,100 units.

The Average Total Cost tallying with this is $18 per unit.

Total Cost = 18 * 1,100

= $19,800

3 0
3 years ago
Interest on a Note Payable is most appropriately accrued:_____________
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Answer: Interest on a Note Payable is most appropriately accrued: "B. as of the end of each accounting period during which the note is a liability.".

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3 years ago
One investigating company tracked all credit card purchase during 2012 and measured two variables: (1) the type of credit card u
Sergeeva-Olga [200]

The level of each variable measured is (1)  the type of credit card is Nominal variable or a categorical variable which comes under multiple categories.(2) the amount (in dollars) of each purchase is ration variable it can have both discrete it starts at a fixed zero point.

Explanation:

  • There are four levels of measurement, while analyzing data of columns.
  • Nominal,Ordinal, Interval and ratio.
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  • Numbers are still used arbitrary.
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3 years ago
_____ involves changing the size of the opportunity by identifying and maximizing key drivers of the positive risk
Ne4ueva [31]
The answer would be Risk Enhancement

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3 years ago
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Answer:

The answer is D. All of the above

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The Capital structure of most companies comprise equity, debt and/or preference shares. All these that made up capital structure has cost or let's say return. We have cost of capital, cost of debt, cost of preference shares.

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All the options relates to the weighted average cost of capital(WACC).

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3 years ago
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