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3 years ago

How does a supply shock affect equilibrium price and quantity?

Business

1 answer:

UNO [17]3 years ago

3 0

Answer: How does a supply shock affect equilibrium price and quantity?

A. Raises prices and decreases quantity demanded

Explanation: The prices raise as there is a decrease in quantity demanded to make up for the loss of sales. This typically happens when the product or service is not meeting the consumers needs anymore, so the goods or services are not being sold and consumed.

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You have a portfolio of two stocks that has a total value of $27,000. The portfolio is 39 percent invested in Stock J. If you ow

goblinko [34]

Answer:

$91.50 per share

Explanation:

The computation of the stock k share price is shown below:

Total value of portfolio = $27,000

The 39% invested in Stock J and the remaining 61% is invested in stock K

So, the value of K is

= $27,000 × 61%

= $16,470

And, the Stock K shares owned is 180

So, the share price of stock K is

= $16,470 ÷ 180 shares

= $91.50 per share

We simply divide the portfolio value of K by the number of shares owned by Stock k so that the share price of stock K could come

6 0

3 years ago

On January 1, Gucci Brothers Inc. started the year with a $705,000 balance in Retained Earnings and a $608,000 balance in common

gtnhenbr [62]

Answer:

Stockholder Equity= $1,414,400

Explanation:

Stockholder Equity is the owners contribution to a business and it is made up of retained earnings and stock.

Stockholder Equity = Common stock + Retained Earnings

Let's track changes in common stock

Common stock= Starting balance + New stocks issued

Common stock= 608,000 + 22,500

Common stock= $630,500

Changes in retained earnings

Retained earnings= Starting balance + Income earned - Dividend paid out

Retained earnings= 705,000 + 93,000- 14,100

Retained earnings= $783,900

Therefore

Stockholder Equity= 630,500+ 783,900

Stockholder Equity= $1,414,400

7 0

4 years ago

In a small open economy with a fixed exchange rate, if the government increases government purchases, then in the process of adj

bearhunter [10]

Answer:

The correct option here is A) .

Explanation:

In the given small open economy , if government increase the government purchases than people in the economy will have more or increased money supply, so when the rates are fixed , in the short run , the income will rise with exchange rates remaining same. Thus option A is definitely correct as money supply would be increased to keep exchange rates fixed and augmenting the effects of government spending on income.

4 0

3 years ago

on february 1, 2021, sanger corp. lends cash and accepts a $3,000 note receivable that offers 18% interest and is due in six mon

Rus_ich [418]

The borrower pays the proper amount due to the seller Cash 3270

<h3>Briefing:-</h3>

1. Interest income of $3000 X (0.18) = 540

2. $540 over six or twelve months equals 270.

3. Journal Entry 3,000 Notes Receivable Interest Revenue 270 Cash 3270

<h3>Interest income is it income?</h3>

Interest income is the profit made from lending money to other organizations. The phrase is typically used in the income statement of the company to describe the interest received on cash held in savings accounts, certificates of deposits, or other investments.

<h3>What do journal entries entail?</h3>

A firm keeps a journal, which is a succinct record of all transactions; journal entries describe how transactions influence accounts and balances.

The information in journal entries serves as the foundation for all financial reporting, and there are several versions to suit different corporate requirements.

To Know more about seller Cash

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8 0

1 year ago

Another bank is also offering favorable terms, so Rahul decides to take a loan of $18,000 from this bank. He signs the loan cont

yanalaym [24]

Answer:

Explanation:

final loan amount = $18,455.86

so correct option is c. $18,455.86

Explanation:

given data

loan = $18000

rate = 10%

time = 3 months

to find out

total amount that Rahul owes the bank at the end of the loan

solution

we know that number of day in 3 months is

number of day = 3 ×

number of day = 91.25 days

loan rate =

loan load = 0.00027397

now final loan amount will be

final loan amount = loan amount ×

final loan amount = $18000 ×

final loan amount = $18,455.86

so correct option is c. $18,455.86

7 0

3 years ago