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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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Linda Day George Company had bonds outstanding with a maturity value of $300,000. On April 30, 2020, when these bonds had an una
mr_godi [17]

Answer:

Bonds Payable                                  300,000 debit

Loss on redemption- Bonds Payable 22,000 debit

                Cash                                              312,000 credit

                Discount on Bonds Payable          10,000 credit

--to record the reemption of old-bonds--

Explanation:

<em>call price</em> = 300,000 x 104/100 =          <em>312,000</em>

Bond payable (net) 300,000 - 10,000 = 290,000

Loss at redemption                                   22,000

We should recognize a loss as we are paying for the bonds 312,000 dollars while they are worth 290,000

To do the entry, we will write-off the bonds payable and the discount on bonds account. Wer will credit the cash used on the redemption and debit the expense.

8 0
3 years ago
A customer wishes to open an account to fund payment of private middle school tuition. If the customer does not wish to deposit
Svetradugi [14.3K]

Answer: Coverdell Education Savings Account (ESA)

Explanation:

A Coverdell Education Savings Account (ESA) is a type of Trust account created by the US Government to help families fund the educational expenses of their members who are aged 18 or below.

This account is not Taxable as the US Government wants to use it as a way to encourage Educational Expenditure.

The account however is limited to a maximum deposit of $2,000 per year per beneficiary and so is perfect for the customer in question.

6 0
3 years ago
A boycott occurs when workers collectively refuse to go to work.
nikitadnepr [17]
When workers refuse to work its called boycotting
3 0
3 years ago
Which of the following falls in the category, "place" in the marketing mix?
inna [77]

Answer: trade shows

Explanation:

In marketing mix, the place is simply referred to as the process of movement if goods and services from the producer to the prospective consumers or consumers.

The place also refers to how ones good or service is bought and the place where it is being sold. The movement could be through intermediaries like distributors, the wholesalers, retailers etc.

In the above, the place will be the trade shows.

7 0
3 years ago
The following information has been provided by Hale Company: • Advertising expense $8,800; • Interest expense $3,800; • Rent exp
klemol [59]

Answer:

Hale’s total expenses in calculating operating income is $57000

Explanation:

Operating income represents profit realized in carrying out Hale Company primary activities

Only expenses incurred in are considered in calculation of Hale`s Operating Income

<em>Cost of Sales</em>

Cost of goods sold                        22200              

<em>Administration</em>

Rent expenses for store                18000

Depreciation                                    8000

<em>Selling and distribution expenses</em>

Advertising                                       8800

Total Expenses                               57000

6 0
3 years ago
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