What states make you have your car inspected?

The "invisible hand" concept refers to the . guiding function of prices in a market system. implicit influence that the governme

Verdich [7]

Answer:

guiding function of prices in a market system

Explanation:

The price transfer information cross the agent which, organize around them, the price of a good made it more profitable than other, which generate more people diving into the business. This in the end lower the price as there are more competition, and causes agent to leave the market and move to another thus, allocating resources without explicit regulatory structure or goverment actions. Same concepts occur with the consumer, if the price of a good is lower, they will prefer to purchase it over other with are more expensive. This will send the signal to produced to generate more units of this goods and decrease the output of goods which are not consumed as much.

4 0

3 years ago

Which payment option could have interest charged to you

kramer

Answer:

Loans, Credit cards

Explanation:

If you don't pay your credit card on time, they will charge you a late fee. If you take out a loan, they make you pay back the money you took out and a percent of that amount for interest.

6 0

3 years ago

One can determine the consumers’ surplus if the _______________ are known tax paid maximum buying price price paid maximum buyin

almond37 [142]

The answer to this question is: Maximum buying price and Price paid
Maximum buying price refers to the largest amont that consumers are willing to pay to obtain a certain product.
Price refers to the total resource that the consumers have spent to obtain a certain product. Comparing this two factors will result in the amount that indicates the consumer's surplus

6 0

4 years ago

On January 1 of this year, Clearwater Corporation sold bonds with a face value of $ 750,000 and a coupon rate of 8 percent. The

stellarik [79]

The journal entry records the issuance of the bonds.

Computation of bond price

Table values are based on:

n= 10

i= 9%

Cash flow Table Value Amount Present Value

Par (Maturity) Value 0.42241 $753,000 $318,075

Interest (Annuity) 6.41766 $60,240 $386,600

Price of bonds $704,675

Journal Entries - Clearwater Corporation

Date Particulars Debit Credit

1-Jan Cash Dr $704,675.00

Discount on bond payable Dr $48,325.00

To Bond Payable $753,000.00

(To record issue of bond)

31-Dec Interest expense Dr $65,073.00

To Cash $60,240.00

To Discount on bond payable $4,833.00

(To record interest expense and discount amortization)

Learn more about bonds here brainly.com/question/494152

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7 0

2 years ago

Michael Corporation manufactures railroad cars, which is its only product. The standards for the railroad cars are as follows:

lakkis [162]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The standards for the railroad cars are as follows: Standard tons of direct material (steel) per car 22 Standard cost per ton of steel $16.00 During March, the company produced 1,500 cars. Related production data for the month follows: Actual materials purchased and used (tons) 7,000 Actual direct materials total cost $118,000

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (33,000 - 7,000)*16= $416,000 unfavorable

3 0

3 years ago