Answer: C. . increase the quantity supplied of X and decrease the quantity demanded of X.
Explanation:
If the demand and supply curves for product X are stable, a goverment mandated increase in the price of X will result into the increase the quantity supplied of X and decrease the quantity demanded of X.
This is because when there is a rise in price, the suppliers will be willing to supply more while the consumers will demand less of the product.
Answer:
See below
Explanation:
A supply schedule shows the quantities that suppliers are willing to sell in the market at different prices. It is a table format with quantity on one column and prices on another. As per the law of supply, high prices lead suppliers to supply more at the market.
The supply schedule illustrates in a table format the relations between the price and the quantity supplied. It will show how the quantity increase as prices increases. The supply schedule is a tabular representation of the supply curve.
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Answer:
$278,000
Explanation:
Data provided:
Total invested capital or assets = $695,000
Total debt to total capital ratio = 40%
now,
=
or
Total debt = 0.4 × Total capital
or
Total debt = 0.4 × $695,000
or
Total debt = $278,000
Hence,
The firm must borrow $278,000 to achieve the desired ratio
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Quarter 1: 17,000;
Quarter 2: 15,000;
Quarter 3: 19,000;
Quarter 4: 21,000.
Company policy is to have a target finished-goods inventory at the end of each quarter equal to 25 % of the next quarter's sales.
2nd Q production:
Sales= 15,000
Ending inventory= 0.25*19,000= 4,750
Beginning inventory= (15,000*0.25)= (3,750)
Total= 16,000 units