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3 years ago

Which phrase defines a demand schedule?

2 answers:

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<span>The question says, which phrase defines a demand schedule. The correct option is B. A demand schedule is a table which show the quantity of goods demanded by consumers at different price level. The quantity that will be demanded can be calculated using this table if the price level is given. The demand curve is usually drawn from the demand schedule.</span>

melisa1 [442]3 years ago

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<span>The correct answer is B, a table showing the quantity demanded for a good at different prices. The demand schedule shows how many people want a specific product depending on its price. For example, if a price decreases, the demand schedule will likely show an increase in quantity demanded, because more people will want something that's cheaper. It doesn't concern demographic changes on demand (which has more to do with the population than the individual), it's not a graph (but instead a table), and it's not an analytical report that shows why a change in goods is happening (instead it just shows the change itself).</span>

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Due to economies of scale, average costs decline as:

Mkey [24]

Answer:

As production increases

Explanation:

Economies of scales is characteristic of certain business in which the average cost (the cost of every produced unit of an specific good or service, which equals total cost divided by all units produced) declines as the amount of the product increases.
This happens for example, in business that have a high cost of initial investment and low operating cost. Because of the initial investment, the average cost of the first units (which is the result of dividing total cost into all the units that have been produced until that moment), is relatively high because there is a high investment divided into relatively few units of production. This cost decreases while product increases because the cost of investment is distributed into more units, and the operating cost do not increase cost substantially.

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3 years ago

Diversification ought to be considered when a A. D) company has run out of ways to achieve a distinctive competence in its prese

love history [14]

Answer: B. C) company begins to encounter diminishing growth prospects in its mainstay business.

Explanation:

All Companies should endeavour for Growth. Growth means survival in this world and a company that is not growing will eventually die out.

If a Company begins to experience a situation where the prospects for growth in their chosen industry is reducing, they should, in the interest of their survival, seek alternative business that they can engage in. Look at Oil Companies like Shell for instance, they realize that Fossil Fuels will not last forever and have started investing massively in Clean Energy because they can see that Growth Prospects in Oil are starting to diminish.

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4 years ago

At the end of its first year of operations, shapiro's consulting services reported net income of $27,000. they also had account

Otrada [13]

Answer: $11,200

Explanation:

Using the accounting equation:

(Total Assets) = (Total Liabilities) + (Total Capital)

So,

(Total Liabilities) = (Total Assets) - (Total Capital) (1)

Based on equation (1), in order to compute for the total liability, we need to compute the total assets and total capital.

At the end of the first year, the following are the assets Shapiro's consulting services (together with the amount):

Cash: $16,000
Office Supplies: $3,200
Equipment:    $24,000
Accounts Receivable: $8,000
TOTAL ASSETS $51,200

Note that the total assets is obtained by adding the amount (or value) of the all the assets listed above.

Since the net income is an increase (or decrease if it's a net loss) of capital, we classify net income as capital. In particular, the net income of Shairo's at the end of first year adds to the capital at the start of first year.

Moreover, the withdrawal of money by the owner also decreases the capital.

Thus, the total capital at the end of first year is calculated as follows:

Capital (start of the year): $15,000
Net Income (end of year): $27,000
Withdrawal Amount: ($2,000)
TOTAL CAPITAL: $40,000

Note: ($2,000) means -$2,000. This notation is used in accounting.

Hence using equation (1), the total liabilities at the end of first year is given by

(Total Liabilities) = (Total Assets) - (Total Capital)
= $51,200 - $40,000
Total Liabilities = $11,200

7 0

3 years ago

In the shooting of a movie, if something does not go according to script, which member of the team is least likely to notice?

Aloiza [94]

Answer:

A. Cinematographer

Explanation:

They film the movie not read the script.

4 0

3 years ago

A stock is currently selling for $67 per share. A call option with an exercise price of $70 sells for $3.21 and expires in three

natulia [17]

Answer:

$5.76

Explanation:

Calculation to determine the price of a put option with the same exercise price

We would be Using put-call parity and solving for the put price

$67 + P = $70e^–(.026)(3/12)+ $3.21

$67 + P = $70e^–(.026)(.25)+ $3.21

$67 + P =190.2797^–(0.0065)+ $3.21

$67 + P =$69.5465+ $3.21

$67 + P =$72.7565

P=$72.7565-$67

P=$5.7565

P=$5.76 (Approximately)

Therefore the price of a put option with the same exercise price will be $5.76

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3 years ago