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zlopas [31]
3 years ago
11

What would happen to the demand curve for movie tickets if the cost of making movies increased sharply? 2. What would happen to

the demand curve for movie tickets if the price of a pay-per-view movie rental increased by $5.00? 3. What would happen to the equilibrium price and the supply curve for loaves of bread if the bakery agreed to give its workers a 10 percent raise in pay?
Business
1 answer:
Romashka [77]3 years ago
3 0

Answer:

Demand curve will drop

Explanation:

Whenever the cost of production increases in optional commodities and services, the demand is likely to drop because such product or services if produces in large quantity may not bring back the cost incurred, and besides such product or services can be substituted for something else. Production is simply affected.

If price increase in the cost of the product or services, demand will could drop if it is a none essential commodity. This is so because price determines production rate and the product or services in question.

As for bread which is an essential commodity, an increase in employees pay will be factored into the price of production and cost increased alongside demand because it is food item and not an optional product and services.

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Suppose first main street bank, second republic bank, and third fidelity bank all have zero excess reserves. the required reserv
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Read 2 more answers
Myriad Solutions, Inc. issued 10% bonds, dated January 1, with a face amount of $320 million on January 1, 2021, for $283,294,72
otez555 [7]

Answer:

The net amount of the liability Myriad would report in its balance sheet at December 31, 2021 is $287,524,896

Explanation:

First, we need to determine the amount of discount on the bond at the time of issuance

Discount on Bond = Face value - Issuance value = $320,000,000 - $283,294,720 = $36,705,280

June 30, 2021

Now we will use the effective interest method to calculate the amortization of discount on the bond.

Amortization of Discount = ( Carrying Value x Market yield ) - ( Face value x Coupon rate ) = ( $283,294,720 x 12% ) - ( $320,000,000 x 10% ) = $33,995,366.4 - $32,000,000 = $1,995,366.4 = $1,995,366

Carrying value = $283,294,720 + $1,995,366 = $285,290,086

December 31, 2021

Now we will use the effective interest method to calculate the amortization of discount on the bond.

Amortization of Discount = ( Carrying Value x Market yield ) - ( Face value x Coupon rate ) = ( $285,290,086 x 12% ) - ( $320,000,000 x 10% ) = $34,234,810.32 - $32,000,000 = $2,234,810.32 = $2,234,810

Carrying value = $285,290,086 + $2,234,810 = $287,524,896

5 0
2 years ago
Ratchet Manufacturing anticipates total sales for August, September, and October of $200,000, $210,000, and $220,500 respectivel
Pavel [41]

Answer:

The amount of accounts receivable which is to be reported on the company's budgeted balance sheet for August is $150,000

Explanation:

For computing the account receivable balance for the august month, the following adjustment is required which is shown below:

= August sales × credit sale percentage

where,

August sale is $200,000

And, the credit sale percentage is 75% because 25% is cash sale and the remaining 75% is a credit sale

So,

the accounts receivable would be equals to

= $200,000 × 0.75

= $150,000

Hence, the amount of accounts receivable which is to be reported on the company's budgeted balance sheet for August is $150,000

4 0
3 years ago
Grace Co. had a Chinese yuan payable resulting from imports from China and a Mexican peso receivable resulting from exports to M
bogdanovich [222]

Answer:

Possible options:

A. Yuan increase, Peso increase

B. Yuan increase, Peso decrease

C. Yuan decrease, Peso increase

D. Yuan decrease, Peso decrease

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Explanation:

8 0
3 years ago
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