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liubo4ka [24]
3 years ago
14

Suppose that the equilibrium price of greeting cards declined at the same time the equilibrium quantity of greeting cards increa

sed. Which one of the following would most likely be responsible? a. A decrease in the price of paper used to make greeting cards b. A decrease in the demand for greeting cards c. A decrease in supply and an increase in demand for greeting cards d. An effective advertising campaign by the greeting card industry
Business
1 answer:
lorasvet [3.4K]3 years ago
3 0

Answer:

The answer is: A) A decrease in the price of paper used to make greeting cards.

Explanation:

In normal market conditions, an increase in the equilibrium quantity of greeting cards means that the quantity demanded and the quantity supplied of greetings cards increased. Usually an increase in the quantity supplied will result in an increase of the price of the good or service. But on this specific case something else made the price of the cards decrease. The only one of the four possible options that can explain an external cause for a decrease in the price of greetings cards, is a decrease in the price of paper used to manufacture them.  

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Choose a topic related to a career that interests you and think about how you would research that topic on the Internet. Set a t
I am Lyosha [343]

Answer:

Explanation:

Topic chosen is - HR manager, this position interest me because it would help to improve my managerial skills, it will as well help me to know other people and how to handle and understand them.

For this position, i went online for 15 min. collected information on job site like linkedin , monster, indeed, glassdoor etc. to gather as much information as possible.

From Linkedin i get to know the avg salary of HR manager is about $100,600 per annum.

From Indeed i was able get recent information of a job position vacancy for HR evecutive position in Tech company.

I wsa able to gather that HR manager position is for experienced person at least 3 years of experience and required many skills like planning, analytical, communication, technical skills. etc.

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3 0
3 years ago
Scarbrough Corp. factored $600,000 of accounts receivable to Duff Corp. on October 1, year 2. Control was surrendered by Scarbro
Virty [35]

Answer:

Scarbrough will receive and record cash of $538,685

The journal entry to record this transaction would be:

                             Debit        Credit  

Cash                 $2,900,300  

Interest Expense $89,700  

Notes Payable                 $2,990,000

Debit Cash for $2900300, debit Interest Expense for $89700, and credit Notes Payable for $2990000

Explanation:

In order to calculate the amount Scarbrough will receive and record cash we would have to make the following calculation:

Scarbrough will receive and record cash=Receivables-Amount of the hold back-Withheld as fee income-Less: Withheld as interest expense

Receivables= $600,000  

Amount of the hold back=$600,000 x 5%=$30,000  

Withheld as fee income=$600,000 x 3%=$18,000  

Withheld as interest expense=$600,000 × 15% × 54/365=$13,315  

Therefore, Scarbrough will receive and record cash=$600,000- $30,000-$18,000-$13,315=$538,685

Scarbrough will receive and record cash of $538,685

According to the given data to journal entry to record this transaction would be the following:

 

                              Debit        Credit  

Cash                 $2,900,300  

Interest Expense $89,700  

Notes Payable                 $2,990,000

Interest Expense=$2,990,000 x 3%=$89,700

5 0
2 years ago
ou are considering implementing a lockbox system for your firm. The system is expected to reduce the collection time by 3 days.
Taya2010 [7]

The net present value of this lockbox arrangement is $1,205,378.06.

Since you are considering implementing a lockbox system for your firm, and on an average day, your firm receives 1,370 checks with an average value of $ 880 each, and the daily interest rate on Treasury bills is 0.01 percent, and the bank charge per check would be $ 0.25, to determine what is the net present value of this lockbox arrangement, the following calculation must be performed:

  • ((1370 x 880) x 1.0001) - (1370 x 0.25) = X
  • 1,205,720.56 - 342.5 = X
  • 1,205,378.06 = X

Therefore, the net present value of this lockbox arrangement is $1,205,378.06.

Learn more about maths in brainly.com/question/25903947

5 0
2 years ago
The objective section of a resume should consist of no more than:
Alona [7]

Answer:A

Explanation:

A p e x

3 0
3 years ago
Anyone there PLAESe responed
Eva8 [605]

Answer:

I'm on here most of the time.

Explanation:

If you'd like, I'll try to answer all of your questions! Just give me the word. :)

8 0
3 years ago
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