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3 years ago

If more people try to buy a product because the price has been reduced, what has been increased?

1 answer:

6 0

You can say that more people try to buy a product because the price has been reduced when the supply increases.

A move along the curve results in a different quantity demanded at a different price. A change in demand means that a different quantity will be demanded at a given price than was demanded before the change in demand occurred.

I hope my answer has come to your help. Thank you for posting your question here in Brainly.

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Sweet night :) sleep tight

Softa [21]

Answer:

good night

Explanation:

sweet dreams :)

3 0

2 years ago

Banko Inc. manufactures sporting goods. The following information applies to a machine purchased on January 1, Year 1: Purchase

ioda

Answer: See Explanation

Explanation:

You didn't give the methods to use but let me use 2 main methods.

First, let's use the Straight line Depreciation. This will be:

= ($71000 + $3000 + $2000 - $3000) / 5

= $73000/5

= $14600

Year 1 Depreciation = $14600

Year 2 depreciation = $14600

Secondly, let's use the double declining method of Depreciation will be:

= 1/5 × 2

= 0.2 × 2

= 0.4

= 40%

Year 1 depreciation will be:

= 76000 × 40%

= 76000 × 0.4

= $30400

Year 2 Depreciation will be:

= ($76000 - $30400) × 40%

= $45600 × 40/100

= $45600 × 0.4

= $18240

7 0

2 years ago

During a certain six-year period, the consumer price index (CPI) increased by 50%, but during the next sis-year period, it incre

liberstina [14]

Answer:

D. Deflation

Explanation:

"Consumer Price Index" (CPI) measures the changes in the weighted average of prices of a market basket (consisting of consumer goods and services). It tells the cost of living for every consumer.

"Inflation" refers to the sustained increase of prices of goods and services while "deflation" refers to the sustained decrease of prices of goods and services.

In the situation above, the CPI is considered lower than before, thus deflation must have occurred during the second six-year period. It shows a negative inflation rate.

So, this explains the answer.

7 0

3 years ago

2019 2018 2017 2016 2015 Sales $ 672,736 $ 439,697 $ 356,030 $ 248,972 $ 185,800 Cost of goods sold 352,273 230,192 188,636 130,

drek231 [11]

Answer:

2019 2018 2017 2016 2015

Sales 362 237 192 134 100

Cost of goods sold 365 238 195 135 100

Accounts receivable 254 202 191 114 100

Explanation:

Note: See the attached excel file for the table showing how the trend percents are calculated.

Trend percents, often known as index numbers, can be described as percents that are used for comparing financial data across time to a based year or period. This can be calculated using the following formula:

Trend percents = (Analysis year amount / Base year amount) * 100 ........ (1)

Using equation (1), the following table shows the trend percents computed as follows:

2019 2018 2017 2016 2015

Sales 362 237 192 134 100

Cost of goods sold 365 238 195 135 100

Accounts receivable 254 202 191 114 100

Download xlsx

4 0

3 years ago

An individual consumes products X and Y and spends $36 per time period. The prices of the two goods are $3 per unit for X and $2

vekshin1

Answer:

a) 3X + 2Y = 36

b) X = 6 , Y = 9

c) 27

Explanation:

Individual consumes : X and Y

Spends : $36 per time period

unit cost : $3 per unit for X

$2 per unit for Y

utility function : U( X, Y ) = .5XY

A) Budget equation mathematically

X* Px + Y* Py = M

3X + 2Y = 36

Px and Py = unit cost for X and Y

M = Total spent ( revenue )

b) Values of X and Y that will maximize utility

Maximum utility ( MRS ) = Px / Py ,

MRS = MUx / MUy

= Y/X = 3/2

∴ 2Y = 3X

From BC : 6X = 36 ( X = 6 plug into mathematically equation above )

∴ X = 6 , hence Y = 9

c) Total utility generated per unit of time

U( X,Y ) = .5XY

= 0.5 * 6 * 9 = 27

6 0

2 years ago