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Murrr4er [49]
4 years ago
6

Consider the market for smartphones. Explain whether the following events would cause an increase or a decrease in supply or an

increase or a decrease in the quantity supplied. Illustrate each, and show what would happen to the equilibrium quantity and the market price.1. The price of touch screens used in smartphones declines. This will cause a(n) ________.Equilibrium quantity would ________. Equilibrium price would ________.
2. The price of machinery used to produce smartphones increases. This will cause a(n) _________.
Equilibrium quantity would ________.
Equilibrium price would ________.
3. The number of manufactures of smartphones increases. This will cause a(n) _________.
Equilibrium quantity would _________.
Equilibrium price would ________.
4. There is a decrease in the market demand for smartphones. This will cause a(n) __________.
Equilibrium quantity would _______
Equilibrium price would ________.
Business
1 answer:
kumpel [21]4 years ago
3 0

Answer:1. Increase in supply; increase; decrease

2. Decrease in supply; decrease; increase

3. Increase in supply; increase; decrease

4. Decrease in quantity supplied; decrease; decrease

Explanation:

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A corporation has $7,000,000 in income after paying preferred dividends of $500,000. The company has 1,000,000 shares of common
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Answer:

Price earning ratio= 8  times

Explanation:

Price earning ratio = Price per share /Earnings per share

Price per share = 56, EPS =?

Price per share =56, EPS = Total earnings available to ordinary shareholders/Number of shares

7,000,000/1,000,000= $7  per share

Price earning ratio = 56/7= 8  times

Price earning ratio= 8  times

                         

8 0
3 years ago
Which of the following is considered important in a company's attempt to strengthen partner relationships? Group of answer choic
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Answer:

All of the above are considered important in strengthening partner relationships

Explanation:

Partner relationship exists when two or more people come together to undertake a business venture. Profits and losses are between all partners.

Maintaining a good partner relationship ensures that the business performs and meets its goals.

A strategic path for objectives of the partners means the business does not only plan but executes its plans.

Shared vision and objectives ensures the partners work in harmony to achieve set targets.

The obejecives should be measureable, this sets realistic milestones.

Also shared vision and objectives should be formally agreed to by all parties.

8 0
3 years ago
Jake manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash. On payday, he immediately g
poizon [28]

Answer:

The given condition is an example of:

A. Menu costs

Explanation:

In the given question mentioning data is that

Jake is been managing a grocery store in any country which is experiencing high rate of inflation. He is mentioned to be paid in cash.

On his very payday he went outside immediately and bought as many goods as he could for himself as he was going to get his pay today and was needing those items.

So, he thought of buying all the items he is needing as for the next two weeks  in order of prevention of the money in his wallet from losing value due to high inflation rates.

And at last what he couldn't spend on buying for all that amount he converted that amount into most stable foreign currency for being used as a steep fee.

So all this were an example of :

A. Menu costs

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3 years ago
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The cost of ending inventory and the cost of goods sold under each of the following methods: Under the LIFO method, Sales Less: Cost of Goods sold Gross Profit less: Selling, admin, depreciation Income before.

Final in, first out (LIFO) is a technique used to account for inventory. beneath LIFO, the expenses of the maximum recent products bought (or produced) are the primary ones to be expensed. LIFO is used most effectively inside the USA and governed via the commonly ordinary accounting standards (GAAP).

The LIFO method is used within the COGS (value of products sold) calculation while the fees of manufacturing a product or obtaining inventory have been growing. this will be because of inflation.

The ultimate-In, First-Out (LIFO) method assumes that the last unit to arrive in stock or greater latest is offered first. the first-In, First-Out (FIFO) approach assumes that the oldest unit of inventory is sold first.LIFO effects decrease internet earnings because the price of products offered is better, so there may be a decrease in taxable profits.” decreased tax legal responsibility is a key reason some organizations decide on LIFO.

Learn more about LIFO here: brainly.com/question/24938626

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2 years ago
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I tink its C. now 100% sure

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