A monopolistic competitive firm's demand curve is downward sloping, which means it will charge a price that exceeds marginal costs.
Its called supply and demand....so i think its deflation
Answer:
$90,350
Explanation:
Accounts receivable $13,800 ⇒ current assets
Inventory 42,000 ⇒ current assets since the company expects to sell them in less than a year
Patent 12,200 ⇒ intangible non-current asset
Investments 30,700 ⇒ current asset since they mature in less than one month
Prepaid insurance 7,700 ⇒ only half of it is considered a current asset since it covers a 2 year period
Notes receivable, due 2024 51,800 ⇒ non-current asset
total current assets = $13,800 + $42,000 + $30,700 + ($7,700/2) = $90,350
Answer:
Cost of Truck = $31,540
Explanation:
given data
cash price = $27,210
accident insurance = $1,570
sales taxes = $1,840
motor vehicle license = $670
painting and lettering = $2,490
to find out
cost of the truck
solution
as we know that Accidental insurance and the vehicle license are not include in cost of truck
because there are yearly costs
so that cost of the truck will be as
cost of the truck = cash price + sales taxes + painting and lettering ...............1
put here value we get
Cost of Truck = $27,210 + $1,840 + $2,490
Cost of Truck = $31,540
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Consumer consumption was encouraged by the extensive use of advertising and the use of <span>the installment plan</span><span> a practice that allowed a product to be purchased using credit provided by the retailer.</span>
