Answer:
what are you saying tell me
Answer:
I have uploaded the picture with the relevant information below.
Explanation:
We can see in this picture that the market equilibrium is met at a price of $5, thus, $5 is the equilibrium price, because demand and supply are both 125 at this point.
If the govenment sets a price floor of $2, there will be no effect, because the price floor is non-binding.
A non-binding price floor is a minimum price set by the government that is actually lower that the equilibrium market price. In this case, the price of the market will be allowed to go to $5, and reach equilibrium, so the policy osf setting the $2 price floor will have no effect.
Answer: Substitutes
Explanation:
The consumers take orange juice and grape fruit juice as substitute for each other: when goods are substitutes, one can be consumed in place of the other, therefore an increase in demand for one substitute would directly lead to the decrease in demand of the other.
Answer:
The correct answer is $735
Explanation:
Solution
Given that:
Now,
The first step is to find How much depreciation expense will be recorded for the furniture for the first year ended December 31.
Thus,
The depreciation for a complete year under the method called straight line is given as follows:
The depreciation for a complete year under the method called straight line =(Cost -Salvage Value)/ Useful life
=($17,000 -$2,300) /5
=$14700/5
= $2940 per year
However,
Because the furniture was purchased on September 30, the depreciation will be computed from October to December (three months)
The depreciation for three months is shown below:
Depreciation = Yearly deprecation * 3/12
= $2940 * 3 /12
= $8820/12
=$735
Answer: 250 hope i helpped
Since she won some money in local casino, and during the interview she reported that she had gambling losses of $700.20, The gambling losses is regarded as income, Therefore total income = $700.20
Adjustment or above the line deduction are
Educator expenses $550
Amount she cashed and use to pay for living expenses 401(k)
To find the total amount of adjustment, we subtract the above the line deduction from income
401 + 550 = 951
Therefore. 951 - 700.20
= 250.8
The amount for deduction to the nearest dollar is $250
Explanation:
