Answer:
The correct answer is letter "A": supply and an increase in the quantity demanded.
Explanation:
U.S. craft beer production has increased, thus, the supply of craft beer is increasing. If the supply increases, the price of craft beer decreases. By demand law, if the prices of a craft beer drop, the quantity demanded for craft beer are likely to be incremented.
Answer:
option D This is a positive statement
Explanation:
According to the Positive statement , it is factual and simply describing in nature.
The statement is not judgmental in nature.
While the Normative statement is judgmental in nature
Also, normative statement specifies what ought to be done.
In the statement given in the question, fact is providing about the Bellevue area by Zillow.com.
If I had written your question in English, I could have helped you
Answer:
Helmet = $2,320
Bats = $2,640
Shoes = $5,346
Uniforms = $2,552
Explanation:
The accounting standard accounting for inventories (IAS 2) states that inventory should be initially recognized at cost. Subsequently, Inventory is to be carried at the lower of cost or net realizable value.
The net realizable value is sometimes estimated as the market value.
For Helmets
Cost = $62 Market value = $58
Lower value = $58
Number of units = 40
Ending inventory value = $58 × 40 = $2,320
For Bats
Cost = $80 Market value = $112
lower value = $80
Number of units = 33
Ending inventory value = $80 × 33 = $2,640
For Shoes
Cost = $99 Market value = $103
Lower value = $99
Number of units = 54
Ending inventory value = $99 × 54 = $5,346
For Uniforms
Cost = $44 Market value = $44
Lower value = $44
Number of units = 58
Ending inventory value = $44 × 58 = $2,552
Answer: The reduction in spending by the unemployed workers will further lower incomes
Explanation:
Economic downturn is when there's a reduction in the economic activity. During thus period, there's rising unemployment, reduction in investment, low consumer confidence etc.
Based on the principle that one person's spending is another person's income, the reduction in spending by the unemployed workers will further lower incomes. This is because an increase in the productive economic activity depends on cash transfers.
Since there's an economic downturn, there'll be a decrease in spending since there's less money available to the people, hence this will further lead to decrease in the income.