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3 years ago

An increase in the number of buyers in a particular market for a good will result in a ___________________ for that good.

Business

1 answer:

Vesnalui [34]3 years ago

8 0

Answer: Rightward shift in the demand curve.

Explanation:

If the number of buyers in a particular market for a good increases then as a result demand for that good also increases and there is a shift in the demand curve for that good because demand for a good is also determine by the number of buyers in a market. So, there is an increase in the equilibrium price level and in the level of output.

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Ajay borrowed $6000 cash from his friend Tim, *

ad-work [718]

Answer:

Ajay account will be credited with $6000. While Tim account will be debited by $6000

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3 years ago

Consumers' incomes decrease, which causes a decrease in demand. This causes the equilibrium price to _____. increase decrease st

adell [148]

The answer is decrease

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3 years ago

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Nash's Trading Post, LLC uses the percentage of receivables basis to record bad debt expense and concludes that 3% of accounts r

skelet666 [1.2K]

Answer:

(a) Prepare the adjusting journal entry to record bad debt expense for the year with Allowance for Doubtful Account of $ 3,041

Dr Bad Debt Expenses $10,150

Cr Allowance for doubtful debt $10,150

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Dr Bad Debt Expenses $14,109

Cr Allowance for doubtful debt $14,109

Explanation:

The Allowance for Doubtful Account will have the Balance of : 439,700 x 3% = $13,191

(a): Bad Debt Expenses needs to be recorded: 13,191 - 3,041 = $10,150

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3 years ago

Identify the dominant market center between the atlantic and pacific coasts.

OLEGan [10]

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3 years ago

6. Asset 1 has an expected mean return of µ1 =9%, standard deviation of its return is σ1 = 6%. Asset 2 has an expected mean retu

Paraphin [41]

Answer:

Weight w1 = 0.65

Weight w2 = 0.35

Expected return =10.75%

Explanation:

w1 + w2 = 1 ........... (1)

w1 = SD of asset 2/(SD of asset 1 + SD of asset 2)

w1 = 11 ÷ (6 + 11) ⇒ 0.65

∴ w2 = 1 - w1 ⇒ 1 - 0.65

w2 = 0.35

Expected return = Weighted average

[0.65 × 9] + [0.35 × 14] ⇒ 10.75%

4 0

4 years ago