The operating working capital that Alfred is going to have at the end of the day would be $12500.
<h3>How to solve for the working capital</h3>
The formula for the working capital = current assets - current liabilities
Current assets = $12500
current liabilities = 0
This is because, by the 10th day, he is supposed to have paid account payable.
The working capital would be = $12500 -0
= $12500
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Answer:
The supply curve will shift to the right.
Explanation:
Whenever there is increase in supply of goods, due to any reasons the supply curve moves to right.
Here, as with the introduction of new technology, the cost of widgets one of the key inputs to the production of whatchamacallits, is reduced,
Accordingly, with the reduction in price of inputs the cost for manufacturers will decrease and they will produce more.
As a result the supply for the product whatchamacallits will increase, and with that the supply curve will move right.
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