<span>I believe the answer is D. Falls/decrease
Increase in aggregate price tend to discourage consumers to go out and make a purchase, which will lead to the fall of aggregate demand.
This will create an abundance of that product in the market, and the market will decrease the total output as a response.</span>
Answer:
The depreciation deduction for the year is $583.33
Explanation:
Depreciable basis = $7,000
Number of years = 7 years
Depreciation per year = $7,000 / 7 years
Depreciation per year = $1,000 per year
Assuming year end is December 31, 2019
Number of month passed in 2019 = December 31, 2019 - June 1, 2019 = 7 months
Depreciation for the year 2019 = $1,000 x ( 7 / 12 ) = $583.33
So the depreciation deduction for the year is $583.33
Answer:
Option B. Sale of a group of assets that represents a strategic shift in operations.
Explanation:
The reason is that the a group of assets represents a separate business unit whose revenue are mostly independent of the operations of the other business units of the company. Hence these operations or business units under the International Financial Reporting Standards relating to Non-current assets held for sale and discontinued operations, says that the held for sale non current assets that represent whole of the business unit or separate line of business of the company must be reported as discontinued operations in the financial statements.
Answer:
There is some information missing, and when I looked for it I found similar questions but the demand was already given and the question was about Vincent's total daily income.
Passenger Price Daily demand
Adults $18 70
Children $10 25
Senior citizens $12 55
total 150
total revenue per day = ($18 x 70) + ($10 x 25) + ($12 x 55) = $1,260 + $250 + $660 = $2,170
total operating costs per day = (150 / 50) x $450 = $1,350
operating income per day = $2,170 - $1,350 = $820
The marginal cost of increasing phone production from 50 to 55 phones if there are 5 workers in the company is 3 handbags.
<h3>What is marginal cost?</h3>
The marginal cost is the increase in price that results from a unit increase in output quantity. It is the output-relative derivative of the total cost function, to put it formally. Marginal costs are important because economic decisions are made at the margin.
The term "marginal cost" refers to the total expenses incurred in manufacturing an additional good. As a result, it can be assessed by changes in the expenditures related to each additional unit. Total Expense Change / Unit Production Change equals Marginal Cost.
Output of handbags falls from 35 to 20 as phone production rises from 50 to 55.
Marginal cost of increasing phones
= (35-20)/(55-50)
= 15/5
= 3 handbags
Learn more about marginal cost on:
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