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netineya [11]
3 years ago
9

Suppose a decrease in the supply of wheat results in an increase in revenue. This indicates that Group of answer choices a. the

supply curve for wheat must be vertical. b. the demand curve for wheat must be vertical. c. the resulting increase in price is proportionately greater than decrease in quantity sold. d. the decrease in quantity sold is proportionately larger than the resulting change in price.
Business
1 answer:
Rufina [12.5K]3 years ago
5 0

Answer:

The correct answer is c. the resulting increase in price is proportionately greater than decrease in quantity sold.

Explanation:

if supply decreases and the supply curve shifts to the left the equilibrium price is likely to increase. An increase in revenue after an increase in price would mean that an increase in price is proportionately greater than a decrease in quantity sold.

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Recording partner's original investment Instructions Kimberly Payne and Arionna Maples decide to form a partnership by combining
levacccp [35]

Answer and Explanation:

The Journal entry is shown below:-

Cash A/c Dr, $20,000  

Accounts Receivables A/c Dr, $140,000

($145,000 - $5,000)

Inventory A/c Dr, $101,700  

Equipment A/c Dr, $81,200.

     To Allowance for doubtful Accounts $4,400

     To Payne's Capital A/c $338,500

(Being assets contributed by partner in business is recorded)

For recording the assets contributed by partner in business we simply debited the cash account, accounts Receivables, Inventory and Equipment as increase the assets while we credited the Allowance for doubtful Accounts as it decreasing the assets and Payne's Capital as increasing the stockholder equity.

7 0
3 years ago
Palm Company gathered the following reconciling information in preparing its April bank reconciliation: Cash balance per books,
EleoNora [17]

Answer:

D. $4,960

Explanation:

Given cash balance = 4300

Receivable collection = 850

Bank charge = 20

NSF check = 170

Thus,

Adjusted bool balance = Cash balance + receivable collection- bank charge - NSF check

Therefore,

= 4300 + 850 - 20 - 170

= $4,960

So, adjusted cash balance = $4960

6 0
3 years ago
¿Cómo se puede eliminar un exceso de oferta en el sistema económico de mercado?¿De qué modo se puede actuar en el caso de que ha
liraira [26]

Answer:

Todas las células están rodeadas por una membrana celular, que es selectivamente permeable. Las moléculas pueden entrar o salir de las células por difusión y transporte activo. Las células pueden ganar o perder agua por ósmosis.

Explanation:

Yo creo que es esto

5 0
3 years ago
Item 1Item 1 Thomas invests $109 in an account that pays 6 percent simple interest. How much money will Thomas have at the end o
olga nikolaevna [1]

Answer:

Total amount at the end of 4 years = $135.16

Explanation:

A simple interest account pays interest on only the sum deposited at an annual rate for a specified period of time without compounding or adding the interest earned in a particular period in the calculation of interest earning for the next period. Thus, if 1000 is invested and interest s earned at 10% then the interest earned will remain constant for every period the money is still deposited in the account.

The formula to calculate interest under simple interest method is,

Interest = Principal * Annual Rate * Time in years

Total Interest earned = 109 * 6% * 4

Total interest earned = 26.16

Total amount at the end of 4 years = Principal + Interest

Total amount at the end of 4 years = 109 + 26.16

Total amount at the end of 4 years = $135.16

5 0
3 years ago
Individuals who buy lottery tickets on a regular basis are usually on a __________ schedule of reinforcement.
mote1985 [20]

Answer:

variable-ratio

Explanation:

Based on the information provided within the question it seems that these individuals are usually on a variable-ratio schedule of reinforcement. This refers to a schedule of reinforcement where reinforcement is introduced to a response only after a completely random number of responses have taken place. The randomness of this schedule is why it is mostly seen in gambling and lottery.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
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