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Evgesh-ka [11]
4 years ago
6

In the North, if the price goes down by $0.40 per pound, then the quantity supplied in the North goes down by 600 pounds per yea

r. If the price of peaches goes down by $0.40 in the South, what will happen to the quantity supplied?
Business
1 answer:
Mumz [18]4 years ago
6 0

Answer:

If the price of peaches goes down by $0.40 in the South, the quantity will decrease by 600 pounds per year.

Explanation:

  • As given that the decrease in price by $0.40 per pound then the quantity in the North goes down by 600 pounds per years so from here we have understand that if the same prices goes down in the South, then the same decrease in pounds per year will occur i.e decrease in price by $0.40 per pound will result in the decrease in the quantity by 600 pounds per year.

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What did the Supreme Court decide about the use of prayers to open government meetings in 2014?
harkovskaia [24]

Answer:

The Supreme Court decided that the use of prayers to open government meetings in 2014 is constitutional and that such meetings can hold, even if it clearly favors one faith, provided that there is no attempt to harass, intimidate, or coerce other religion believers.

5 0
3 years ago
The Levi Company issued $100,000 of 12% bonds on January 1 of the current year at face value. The bonds pay interest semiannuall
lesya [120]

Answer:

$120

Explanation:

Interest Expense on the Bonds payable is the coupon payment plus any amortized discount. As in this question there is no amortized discount because the bonds are issued on the par value.

As er given data

Face Value = $100,000

Coupon payment  = $100,000 x 12% = $120 annually = $60 semiannually

Interest Expense for the year = Interest Paid on June 30 + Interest Paid on December 31

Interest Expense for the year = $60 + $60 = $120

7 0
3 years ago
Jerry's supervisor has asked him to revise a memo because his paragraphs are too long. how long should jerry's paragraphs be, on
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4 0
4 years ago
The Merchant Company issued 10-year bonds on January 1. The 15% bonds have a face value of $100,000 and pay interest every Janua
White raven [17]

Answer:

c) $14,065

Explanation:

Because I said so

4 0
3 years ago
True or False: If Van's Fire Engines were a competitive firm instead and $105,000 were the market price for an engine, decreasin
S_A_V [24]

Answer:

False

Explanation:

As for the given instance, the market is not solely dependent on Van's Fire Engines, as it is a competitive market.

The supply and demand are inversely proportional and does not depend on change of price in a competitive market.

Accordingly even after decline in the price from $105,000 to $90,000, the production quantity will not be affected similarly with the same proportion.

Further, Total revenue might be affected as with decrease in price might light to more sale, and there might be slight change both upward or downward in such sales revenue.

But since the change will never be in same proportion to change in price.

Thus, the statement above is false.

5 0
3 years ago
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