Answer:
The correct answer is: an increase; fall; substitutes; decrease; complements; increase.
Explanation:
Technological improvement has lowered the cost of producing cell phone batteries. This reduction in the cost of production will cause the price of cell phone batteries to decline. Since batteries are used as inputs in the cell phone. The reduction in the price of inputs means that the cost of production would decrease. The firms will be able to supply more at the same cost. The supply, as a result, will increase. The supply curve will shift to the right. The price of cell phones will decline.
Cell phones and landlines are substitutes. They can be used in place of each other. A decrease in the price of cell phones would cause the demand for landlines to decrease as the consumers will prefer a cheaper substitute.
The cell phones and applications, however, are use complements. They are used together. So when the price of cell phones decrease and its demand increase, the demand for cell phone applications will increase as well.
Answer:
The owner's equity is $900
Explanation:
Because an asset takes money from your pocket and liability puts money in your pocket.
Matching each scenario to the insurance needed for protection.
- Tyrell's son has leukemia and will need cancer medications- Health insurance.
- Someone broke into Maria's house and stole her flat screen TV and other values- Homeowners insurance.
- Don wants to make sure his family has enough money to pay off the house if he dies- Life insurance.
- Jill broke both of her legs in a skiing accident. She will be out of work for several months while she recovers from her injuries- Disability insurance.
- Due to careless driving, Lisa hit another car and hurt the passengers inside- Liability insurance.
<h3>What is insurance?</h3>
Insurance can be defined as a coverage that help to cover cost or expenses in case of unforeseen or unexpected circumstances such as:
Therefore Tyrell's son has leukemia and will need cancer medications- Health insurance.
Learn more about insurance here:brainly.com/question/25855858
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Answer:
$42,240
Explanation:
The computation of the balance of the Accumulated Depreciation account at the end of 2019 is as follows;
But before that the depreciation rate is
= 1 ÷ 5 × 2
= 40%
For the first year, the depreciation expense is
= $66,000 × 40%
= $26,400
Now for the 2019, the depreciation expense is
= ($66,000 - $26,400) × 40%
= $15,840
Now the accumulated depreciation is
= $26,400 + $15,840
= $42,240
