Answer:
The given statement is false.
Explanation:
A decrease in the market demand will cause the demand curve to shift to the right. While a decrease in the supply will cause the supply curve to shift to the left.
The market equilibrium price is determined by the intersection of demand and supply. The price, as a result, will increase. The extent of increase in price depends on the magnitudes of change in demand and supply.
The change in equilibrium quantity, however, in this case, is unpredictable without knowing the extent of changes in demand and supply.
Answer:
False
Explanation:
alanced Scorecard is a set of financial and non-financial measures relating to a company's critical success factors. It is an approach which provides information to management to assist in strategy implementation. An ideal balanced scorecard combines financial measures of past performance with measures of the firm's drivers of future performance.
Answer:
A balance sheet for Weismuller publishing for December 31 2021 was prepared and recorded in the explanation section below
Explanation:
Solution
COMPANY: WEISMULLER PUBLISHING Balance Sheet At December 31 2021 Assets
Current assets:
Cash and cash equivalents ($91,000 + $43000) $134000
Short term investments ($166,000 - $43000) $123000
The net accounts receivable ($186,000 =$29,000) $175,000
Inventory $298,000
Prepaid expense [174,000-(14600/2)] $101,000
The total current assets $813,000
Note: Kindly find an attached copy of the [art of the complete solution to this question below
Answer:
b. $0, -$10, $0
Explanation:
Sam is the producer, and he was getting $50 for moving Sofia's lawn. When the government imposes a tax of $10 on his activity, he now receives $60, but because $10 of those $60 is paid in taxes, his surplus remains the same: $50, so the change in the producer's surplus is $0.
Sofia is the consumer, and she was paying $50, but now she pays $60, thus, her consumer surplus has changed by -$10.
The sum of the change in consumer and producer surplus is $10 ($0 + $10), which is the same as the growth of government revenue from the taxes imposed: $10, therefore, the deadweight loss is $0.
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Beginning inventory 7 units at $49
First purchase 18 units at $50
Second purchase 53 units at $59
Third purchase 18 units at $64
The firm uses the periodic system, and there are 23 units of the commodity on hand at the end of the year.
To calculate the ending inventory using the LIFO (las-in, first-out), we need to use the cost of the firsts units incorporated to inventory:
Ending inventory= 7*49 + 16*50= $1,143