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Kay [80]
3 years ago
6

If an increase occurs in the demand for the output of industry A, we would expect all of the following to happen except:A. an in

crease in the profits of industry A. B. a decrease in prices of inputs used in the production of A.C. an increase in the output of industry A. D. an increase in the demand for inputs used in the production of A.
Business
1 answer:
ruslelena [56]3 years ago
3 0

Answer:

The correct answer is option B.

Explanation:

The total revenue and profits of the industry as the price level  increases with increase in the demand.

When there is an increase in the demand for the output of an industry, that industry will increase the production to match the increase in the demand. The increase in production will cause output level to increase.

In order to produce more output the industry will require more inputs, so the demand for inputs will increase.

An increase in the demand for inputs will be accompanied by increase in their prices.

There will not be any decline in the price of inputs.

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Nancy owns 10% interest in ABC Corporation and 20% of the outstanding shares of XYZ Corporation. Her son Nick owns 60% of the ou
harkovskaia [24]

Answer:

20%

Explanation:

Ownership of XYZ Corp. in ABC Partnership = 100% of ABC Partnership * Percentage owned by XYZ Corp.

= 100% * 50%

= 50%

Ownership of Nancy = Interest in ABC Partnership + Ownership of XYZ Corp. in ABC Partnership * Interest of Nancy In XYZ Corp.

= 10% + (50% * 20%)

= 10% + 10% = 20%

5 0
3 years ago
Explain what test marketing is and its purpose?​
prisoha [69]

Test marketing is a marketing method that aims to explore consumer response to a product or marketing campaign by making it available on a limited basis before a wider release. Consumers exposed to the product or campaign may or may not be aware that they are part of a test group.

3 0
3 years ago
Consider ratios: financial information is presented below: find gross profit. operating expenses $ 45,000 sales returns and allo
Anon25 [30]

Gross Profit is calculated by deducting the cost of goods sold, sales return and sales discount from the sales. The operating expenses is not considered for gross profit. The same is deducted from the gross profit for finding the net profit.

Gross Profit = Sales - Cost of goods sold - Sales Return - Sales Discount

Gross Profit = $150,000 - $67,000 - $13,000 - $6,000

Gross Profit = $150,000 - $86,000

Gross Profit = $ 64,000

Thus, gross profit is $64,000

5 0
3 years ago
In its first month of operations, Culver Company made three purchases of merchandise in the following sequence: (1) 205 units at
Oksi-84 [34.3K]

Answer:

$2,450 ; $1,430

Explanation:

The computation of the ending inventory using the periodic inventory system is shown below:

Under FIFO method

= 245 units × $10

= $2,450

We take the last units in this FIFO method

Under the LIFO method

= 205 units × $6 + 40 units × $5

= $1,230 + $200

= $1,430

We take the first units in this LIFO method

Hence, the closing inventory is come

3 0
3 years ago
Mike sells small-business health insurance programs, working on straight commission. Closing the sale is an extremely stressful
Harlamova29_29 [7]

If closing the sale is an extremely stressful point for him. If he does not close the sale, the outcome will be he will generate no income.

<h3>What is income?</h3>

Income can be defined as a the cash receive from the sales of goods and services.

Based on the given scenario in a situation were Mike did not close the sale for the day this will tend to mean that he will generate no revenue or income reason being that closing the sale will enables him to generate income.

Therefore the outcome will be he will generate no income.

Learn more about income here:brainly.com/question/25745683

6 0
2 years ago
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