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olya-2409 [2.1K]
3 years ago
8

Last year the price of corn was $3 a bushel and the quantity of corn demanded was 10 million bushels. this year the price of cor

n was $4.00 a bushel and the quantity demanded was 9 million bushels. is this evidence that the law of demand does not apply to corn?
Business
1 answer:
lara31 [8.8K]3 years ago
8 0
You would have to divide the number of bushels by the price.
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In order to make sure that audiences can correctly identify which words you are using, it is necessary to make sure you have correct Pronunciation.

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Pina Corporation entered into an operating lease agreement to lease equipment from Badger, Inc. on January 1, 2017. The lease ca
posledela

Answer:

= $80,273

Explanation:

Value of the right of use asset = Value of lease liability - cash incentive received + costs incurred for lease

                  = $82,773 -$ 6,000 + $3,000 + $500

                     =$80,273

4 0
3 years ago
Prox Inc. is a U.S.-based manufacturer of consumer electronics. It decides to export to Mexico and wants to protect its goods ag
Alina [70]

Prox Inc. is a U.S.-based manufacturer of consumer electronics. It decides to export to Mexico and wants to protect its goods against damage, loss, and pilferage. The document which is applicable here is an A. <u>insurance certificate.</u>

<u />

Explanation:

  • A certificate of insurance is a document used to provide information on specific insurance coverage.
  • The certificate provides verification of the insurance and usually contains information on types and limits of coverage, insurance company, policy number, named insured, and the policies' effective periods
  • Certificate of Insurance is a summary document usually issued by an agent on behalf of an insurer that says a policy has been issued to an insured for a general type of risk.
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5 0
4 years ago
A rightward shift in the demand curve for tennis balls could be caused by Group of answer choices a fall in income, assuming ten
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Answer:

The correct answer is letter "C": a fall in the price of tennis balls.

Explanation:

The demand law explains the relationship between the price of a product and its quantity demanded. As the price increases, the quantity demanded decreases moving the demand curve to the left. As price decreases, the quantity demanded decreases, moving the demand curve to the right.

Therefore, <em>if the demand curve for tennis balls moves to the right, the price has fallen increasing the quantity demanded.</em>

7 0
3 years ago
Wilton sells softball equipment. On November 14, they shipped $3,000 worth of softball uniforms to Paola Middle School, terms 2/
iogann1982 [59]

Answer:

The $2,700 is the amount which recognized as net accounts receivable on the balance sheet as of November 30

Explanation:

 The computation of net accounts receivable is shown below:

= Selling price of softball equipment - defective merchandise amount  

= $3,000 - $300

= $2,700

The $1,800 is not considered in the computation part because the Wilton company received an order from Douglas high school which is irrelevant for Paola middle school. Neither the discount terms are considered because the company did not receive the amount.

3 0
3 years ago
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