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Dovator [93]
2 years ago
9

Which of the following is consistent with the law of​ supply? A. The state of Washington has less apple regulation than Californ

ia​, and apple production is lower in California. B. More passengers chose to travel by airplane after deregulation of airlines. C. An increase in the market price of oranges causes an increase in the production of oranges. D. A doubling of the price of​ salt, led to a 5 percent drop in the quantity of salt consumed.
Business
1 answer:
GuDViN [60]2 years ago
4 0

Answer:

D) A doubling of the price of salt led to 5 percent drop in the quantity of salt purchased.

Explanation:

Law of supply in economics says that when the price increases the supply too increases if other factors is is constant.

Therefore, among the given options the only option that is consistent with the law of​ supply is "A doubling of the price of salt led to a 5 percent drop in the quantity of salt purchased"

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What country first began to dismantle its welfare state? What was put in its place?
ANTONII [103]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

What country first began to dismantle its welfare state? <span>Chili. Democracy was restored.

</span>What was put in its place? <span>A pension plan replaced welfare.</span>
5 0
3 years ago
Carlos is the manager of an American company. He expects the value of the British pound to appreciate in the near future and so
Inga [223]

<u>Answer:</u> Speculation.

<u>Explanation:</u>

Carlos tries to make a profit through exchange rates. Carlos is a speculator who tries to make profit through market fluctuations. The strategy is a risky strategy as the speculators based on their knowledge about the market make decisions accordingly.

Carlos is planning to receive the appreciated value of British Pounds so that he receives the same amount as mentioned in the contract but makes profit out of exchange rates and books FX profits in his books of accounts.

3 0
3 years ago
On March 31. 2019, Home Decorating Pavilion received a bank statement showing a balance of $9,810. The balance in the firm's che
NNADVOKAT [17]

Answer:

Both requirements 1 and 2 are the same, but I guess one refers to a bank reconciliation statement and the other one to a cash account reconciliation.

Bank account reconciliation:

bank balance $9,810

+ deposits in transit $2,935

- outstanding checks 358 and 359 ($2,225)

<u>+ check deducted by mistake $590</u>

reconciled bank account $11,110

Cash account reconciliation:

Cash account balance $10,276

+ note and interest collected $1,320

- bank fees ($31)

- NSF check Dane Jarls ($555)

<u>+ error on check 341 $100        </u>

reconciled cash account $11,110

3 0
3 years ago
In which journal would a customer's partial payment on account be recorded?
olga55 [171]

Answer:

Its real account

Cash A/C.....Dr

Debtor A/C....Dr

To Creditors A/C....

4 0
2 years ago
Read 2 more answers
Find out equilibrium price and output for the following market condition.
Ierofanga [76]

Answer:

At equilibrium demand is equal to supply therefore  

Qd=Qs

50-2P=3P

By collecting like terms

50=3P+2P

50=5P

P=10

THEREFORE  equilibrium price  is 10

Explanation:

6 0
3 years ago
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