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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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Which of the following is not a step in the decision-making model? Select one: a. identify alternatives b. determine costs and b
storchak [24]

Answer:

The answer for what is not a step in the decision making model is option E) consider qualitative factors

Explanation:

The steps in decision making model includes the following

  1. defining the problem
  2. collation of data
  3. Identifying the alternatives
  4. determining costs and benefits for both feasible and unfeasible alternatives
  5. total relevant costs and benefits for each alternative
  6. action Plan

Considering qualitative factors is a post decision making action. It happens during the decision analysis phase.

7 0
4 years ago
Refer to the following transactions.
Mashutka [201]

Answer:

1 a) + asset , + preferred stock

b) + asset , + preferred stock

c) + assets , + stockholder's equity

d) - and + Asset

e) + -Asset

f) - Equity , + liability

g) - Equity , - Asset

journal entry

a) Debit bank 700000 Credit Preferred stock 700000

b) debit land 420000 , credit preferred stock 420000

c) debit bank 768000 credit stockholder's equity 768000

d) Debit investment 270000 credit bank 270000

e) Debit bank 189000 , credit investment 189000

f) Debit dividend 19600 credit shareholders for dividends 19600

g) debit dividends 96000  credit bank 96000

Explanation:

dividends preferred = 7000 + 4200 = 11200 * 1 . 75 = 19600

dividends common stock = 48000 * 25 * 8 % = 96000

8 0
3 years ago
Bcm's 7 components of any business idea?<br> plz do answer it very urgent<br> thanx
Archy [21]

Answer:

Policy, purpose, and scope.

Goals and objectives.

Assumptions.

Key roles and responsibilities.

Business impact analysis (BIA) results.

Risk mitigation plans.

Offsite data and storage requirements.

6 0
3 years ago
Read 2 more answers
In the context of a database marketing campaign, _______ tells a business how much it should spend to maintain a relationship.
Murrr4er [49]

The Customer lifetime value helps to inform a business on how much it should spend to maintain a relationship in database marketing campaign.

<h3>What is a Customer lifetime value?</h3>

A customer lifetime value refers to a ratio that tells about the total revenue that a business can reasonably expect from a single customer.

Hence, the customer lifetime value helps the firm to know valuable customers which allows to know who to treat most importantly

Therefore, the Option C is correct

Read more about customer lifetime value

<em>brainly.com/question/26483324</em>

8 0
2 years ago
True or false: Contributions of cash and property to a corporation in exchange for shares of the corporations stock can be tax d
LUCKY_DIMON [66]

Answer:

True

Explanation:

According to the United States of America Code, under section 351, which basically deals with the transfer to a corporation controlled by the transferor, it is TRUE that contributions of cash and property to a corporation in exchange for shares of the corporation stock can be tax-deferred.

Hence, it can be concluded that the correct answer to this question is definitely TRUE.

5 0
3 years ago
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