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3 years ago

Which statements are true according to the law of supply?

Business

2 answers:

tiny-mole [99]3 years ago

8 0

Answer:

-A decrease in price leads to a decrease in supply.

-An increase in price leads to an increase in supply.

Explanation:

i got 100% this is right xo

asambeis [7]3 years ago

5 0

Increase in price leads to a decrease in supply.

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Striker 44 Corporation produces a part that is used in the manufacture of one of its products. The costs associated with the pro

Gnoma [55]

Answer:

correct option is A. $331,000

Explanation:

given data

Direct materials = $86,000

Direct labor = 130,000

Variable factory overhead = 57,000

Fixed factory overhead = 135,000

Total costs = $408,000

avoidable = $58,000

to find out

highest price that McMurphy should be willing to pay for 12,000 units of the part is

solution

we get here highest price that McMurphy should be willing to pay for 12,000 units of the part that is express as

highest price = Direct material + Direct Labor + variable factory overhead + avoidable fixed overhead .....................1

put here value we get

highest price = $86000 + $130000 + $57000 + $58000

highest price = $331,000

so correct option is A. $331,000

7 0

3 years ago

If consumption increases, a) the SRAS curve will shift rightward, which will push the price level up. b) the SRAS curve will shi

SSSSS [86.1K]

Answer: Option (d) is correct

If consumption increases, the AD curve will shift rightward, which will increase the price level.

Explanation:

If the consumption increases in an economy as a result there is a rightward shift in the aggregate demand curve. This shift in the aggregate demand curve lead to increase in the price level as well as in the output level.

Because there is more demand in the economy which gives an advantage for the producer to charge higher price.

3 0

3 years ago

Your general speech topic is dog obedience, and you have arranged an interview with an authority. what is your next task?

valentinak56 [21]

It is to research about dog behavior

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3 years ago

ABC Company is considering investing in new production equipment at a cost of $60,000 with a 10-year useful life and no salvage

ikadub [295]

Answer:

a. Operating Income = Sales - Production Cost - Depreciation Expense

Operating Income = $100,000 - $82,600 - $6,000

Operating Income = $11,400

b. Average Investment = (Initial Equipment Cost + Residual Value) / 2

Average Investment = ($60,000 + $0) / 2

Average Investment = $60,000 / 2

Average Investment = $30,000

c. Accounting Rate of Return = (Operating Income / Average Investment) * 100

Accounting Rate of Return = ($11,400 / $30,000) * 100

Accounting Rate of Return = 0.38 * 100

Accounting Rate of Return = 38%

7 0

2 years ago

Which type of insurance covers preventive care and medical treatment?

dezoksy [38]

Health insurance is the answer

6 0

3 years ago