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3 years ago

The law of supply and demand asserts that

Business

1 answer:

Anna35 [415]3 years ago

6 0

Answer:

b. the price of a good will eventually rise in response to an excess demand for that good.

Explanation:

As more people are willing to purchase the good the price will rise. Because, the supplier can offer up to certain amount given their current production factors thus, this increase in demand is met with an increase of price. In the future this increase in price which generates more producer surplus will make more company’s invest in the business or the current ones will develop new ways of production to produce more and therefore; lowering the price.

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Flint Corporation purchased from its stockholders 5,200 shares of its own previously issued stock for $254,800. It later resold

Marizza181 [45]

Answer:

The journal entries are as follows:

(i) Cash A/c(1,825 × $52) Dr. $94,900

To Treasury stock(1,825 × $49) $89,425

To paid in capital from Treasury stock(1,825 × $3) $5,475

(To record the purchase at $52)

(ii) Cash A/c(1,825 × $47) Dr. $85,775

paid in capital from Treasury stock(1,825 × $2) A/c Dr. $3,650

To Treasury stock(1,825 × $49) $89,425

(To record the purchase at $47)

(iii) Cash A/c(1,550 × $41) Dr. $63,550

paid in capital from Treasury stock A/c Dr. $1,825

Retained earnings A/c (1,550 × $8) Dr. $10,575

To Treasury stock(1,550 × $49) $75,950

(To record the purchase at $41)

3 0

3 years ago

Instructions: Select the correct answer from the drop-down menu.

kotegsom [21]

In his career explorations class, Navid took a personality inventory and he discovered that he is an outgoing person and truly enjoys being around many people.

God bless!

7 0

3 years ago

Read 2 more answers

For a repayment schedule that starts at EOY four at $Z and proceeds for years 4 through 9 at $2Z, $3Z,..., what is the valu

Tamiku [17]

Answer:

$778.05625

Explanation:

The computation of the amount of repayment is shown in the attachment below:

Given that

Proceeds for year 4 through 9 at $2Z, $3Z

The Principal of the loan amount = $10,000

Interest rate = 7% per year

Based on the given information, the value of Z or the amount of repayment is

= Principal of the loan amount ÷ Total annuity

= $10,000 ÷ 12.85254119

= $778.05625

6 0

3 years ago

"A retail store owner offers a discount on product A and predicts that the customers would purchase products B and C in addition

hammer [34]

Answer:

Data mining

Explanation:

Here are the options to this question :

a. Data query b. Simulation c. Data mining d. Data dashboards

Data mining is used to extract useful data from a larger set of any raw data. It is used to find relationship among data.

The store owner found a relationship between A, B and C.

8 0

3 years ago

Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $64,000, and Martin's capital balance $61,000.

antoniya [11.8K]

Answer:$0

Explanation:

Because because Black must actually grant a bonus to Hewlett and Martin

6 0

3 years ago