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garri49 [273]
3 years ago
8

Select the correct answer. What direction does the relationship between supply and price take? A. slopes upward B. parallel to t

he price line C. slopes downward D. parallel to the supply line

Business
1 answer:
weeeeeb [17]3 years ago
8 0

Answer:

A. slopes upward

Explanation:

(I will include a picture in the attachment to help with the explanation)

Slope upward represent the increase in quantity as  the price goes up.

As the price of a product is increased,  the potential profit that the producer can generate is also higher. Because of this, they become motivated to supply more product for the customers. They will increase their production output and increase the amount of distributions to the market.

This is why the slope will become upward like the picture above.

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On the basis of the information, and assuming trade occurs between the three states, we can expect Multiple Choice Washington to
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Answer: Washington to exchange apples with Texas and receive money in return.

Explanation:

The picture relating to the question has been attached.

From the question, we are informed that Michigan has surplus autos, and wants lettuce. Texas has surplus lettuce and wants apples. Washington has surplus apples and wants autos.

If trade occurs among the three states, Washington will exchange its apples with Texas since it has surplus apples and Texas also want apples. Of the three states, it is only Washington that has surplus apples so it can exchange with Texas for money.

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4 years ago
Prepare journal entries to record the following four separate issuances of stock.
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Answer: PLease find answers in explanation column

Explanation:

1. Being issued for common stock at $20 par value

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Cash                                      $96,000

Common stock  at $20 par value (4000 x 20)            $80,000

Paid in excess capital of par Common stock               $16,000

($96,000 - $80,000)                                                    

2. Being issued for stated stock at $1 to promoters

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0rganisation expenses              $20,500                

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Account                                     Debit                         Credit

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4. Being issued at preferred stock of $50 par value  

Account                                     Debit                         Credit

Cash                                        $242,500                  

Preferred stock  at $50 par value (1000 x 50)              $50,000

Paid in excess capital of par Preferred stock

($242,500  - $50,000)                                                      $192,500

                         

6 0
3 years ago
Ashley Kreeger is the director of marketing for a company that operates several assisted-living centres. The company is developi
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<span>In response households and firms will​ sell short term assets and this will drive​ up interest rates.
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Answer:

Establish incentives for autonomous division managers to make decisions that are in the overall organization's best interests (i.e., goal congruence).

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