All categories

3 years ago

If the price for widgets was set at $2.50

Business

2 answers:

irakobra [83]3 years ago

4 0

Answer:

producers would discover that the price should be lowered

irina1246 [14]3 years ago

3 0

Answer:

Answer for this case study should be D (Producer would discover that the price should be lowered)

Explanation:

For point A- No matter how low the value of a special commodity is,the customer never wants to purchase that item more than necessary.

For point B- If the manufacture had come to know that the price was low ,they would have tried to change it so that the profit could be increased.

For point C- It's practically impossible for buyer to purchase more commodity than they are available, so that this fact is completely wrong.

For point D- If the manufacture knows that in some way the price of the commodity can be reduced further ,he will try to increase the quantity demanded of the commodity by doing so that he can earn maximum profit.

You might be interested in

Question 222 pts Underground activities are not counted in GDP because Group of answer choices some underground activities are i

bearhunter [10]

Answer:

There are no written records of underground activities.

Explanation:

There are different acts and jobs that make up for underground economy. It is primarily referred to as money earned from illicit activities like prostitution and the sale of illegal drugs. But it also broadly refers to any unreported income, such as undeclared tips or gambling winnings, or under-the-table payments made to laborers like house painters and construction workers, whose wages may go unreported to tax authorities. Unreported income paid to illegal aliens or migrant workers also contributes to the underground economy.

The underground economy also causes billions of dollars in lost taxes.

The Underground Economy and GDP

Due to its cloaked nature, it's difficult to gauge the true extent of the money that changes hands through the underground economy (sometimes referred to as the shadow economy).

5 0

4 years ago

On June 30, 2024, the Esquire Company sold some merchandise to a customer for $54,000. In payment, Esquire agreed to accept a 7%

Paraphin [41]

The income before income taxes is 2024 understated by $1,890 and 2025 overstated by $1,890.

<h3>Income before taxes</h3>

Esquire Company journal entries

June 30, 2024

Debit Note receivable $54,000

Credit Sales $54,000

Dec 31, 2024

Debit Interest receivable $1,890

Credit Interest Income $1,890

($54,000 x 7% x6/12)

March 31, 2025

Debit Cash $56,835

Credit Interest receivable $1,890

Credit Interest income $945

($54000 x 7% x 3/12 )

Credit Note Receivable $54,000

Therefore the income before income taxes is 2024 understated by $1,890 and 2025 overstated by $1,890.

Learn more about Income before taxes here:brainly.com/question/14644556

brainly.com/question/17005057

#SPJ1

5 0

2 years ago

Changes in the value of a firm's stocks and bonds offer important information for a firm's managers. If the price is increasing

insens350 [35]

Answer: Option A

Explanation: In simple words, firms stock refers to the securities that a company has issued for gaining funds for operations. Prices of such securities are highly fluctuating and changes as per the prospects and existing economical conditions.

A rise in prices of the stock indicates that the returns for the stock will be going to increase in future and thus can happen only if the investors are expecting high profits in coming period.

An expansion of business opens new opportunities for the firm in market and increasing their profits proportionately leading to increase in stock prices.

Hence the correct option is A .

3 0

3 years ago

When consumers have problems with a web site, they use _____ dimensions to evaluate e-service quality.

Ivanshal [37]

When consumers have problems with a web site, they use website design, customer service, privacy, and fulfillment dimensions to evaluate e-service quality .

E-service quality measurements contain four dimensions including website design, customer service, security or privacy, and fulfillment.

Website design refers to all the elements of the customer experience which are related to the website. It includes information quality, purchase process, product selection, website convenience, p and system availability.

Every efficient website should contain three main contents which are information oriented and transaction oriented and customer oriented. Customers do always assess the experience of them by using a website to assess an online store's overall service quality.

To know more about e-service quality here:

brainly.com/question/15153472

#SPJ4

6 0

2 years ago

Acceleron is planning future expansion with a new facility in Indianapolis. The company will make the move when its real estate

alukav5142 [94]

Answer:

6.67 years

Explanation:

The number of years for the firm to reach the desired value of $1.2 million can determined using the nper formula in excel as below:

=nper(rate,pmt,pv,-fv)

rate is the interest rate earns by the fund at 10% per year

pmt is the addition to the fund in each year which is $50,000

pv is the current amount in the fund which is $400,000

fv is the desired value of $1.2 million

=nper(10%,50000,400000,-1200000)= 6.67 years

It would take 6.67 years for the sinking fund to reach the desired value of $1,200,000

7 0

3 years ago