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nlexa [21]
3 years ago
15

Consider the following​ statement: ​"An increase in supply decreases the equilibrium price. The decrease in price increases​ dem

and." The statement is A. ​false: decreases in price affect the quantity​ demanded, not demand. B. ​false: increases in supply increase price. Decreases in price increase demand. C. ​true: increases in supply decrease price. Decreases in price increase demand. D. ​false: increases in supply decrease price.
Business
1 answer:
pochemuha3 years ago
5 0

Answer:

The correct answer is option A.

Explanation:

An increase in supply decreases the equilibrium price as the supply curve shifts rightward and intersects the demand curve at a lower point. This decline in the equilibrium price causes the quantity demanded to increase. The demand for the product remains the same.

The statement given in the question is false. A change in demand is caused by a change in other factors while the price of the product remains the same. The change in price affects the quantity demanded.

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Alfred owned a term life insurance policy at the time he was diagnosed with a terminal illness. After paying $18,300 in premiums
iVinArrow [24]

Answer:

$0

Explanation:

Alfred paid in premiums = $18,300

company paid Alfred = $125,000

Alfred died after 18 months, then,

Company collected the face amount of the policy = $150,000

Sale of policy = [ company compensation - premium paid]

                       = $125,000 - $18,300

                       = $106,700

In this situation, Alfred receives the submission price from the insurance company consequential in profit.

There is no gain in the income of the insurance policy that is purchased by the Alfred for the long term.

That's why he is not required to include the amount of sale of policy i.e. $106,700.

Hence, Alfred required to include in his gross income will be zero ($0).

3 0
3 years ago
Indicate which component of GDP will be affected by each of the following transactions involving the Ford Motor Company. a. You
BabaBlast [244]

Answer:

A) The new SUV will increase the CONSUMPTION expenditure

B) A used SUV is NOT INCLUDED

C) Car parts are intermediate goods, are NOT INCLUDED

D) Exported SUVs are included in NET EXPORT expenditure

E) New machinery is included as INVESTMENT expenditure

F) New highways and roads are included in GOVERNMENT expenditure

3 0
3 years ago
Please help will give Brainlest
Vikentia [17]

Answer:

Creative Commons license would I rather use or not and why is explained below in complete details.

Explanation:

A Creative Commons (CC) license is one of the numerous unrestricted copyright permissions that facilitate the free circulation of an oppositely copyrighted "act". A CC license is used when an investor desires to provide other people the power to share, practice, and develop upon a product that they (the author) have produced.

5 0
3 years ago
Which best describes the benefits of renting a home?
AleksandrR [38]

The correct answer is D. None of the above.

All these which are given they are disadvantages of renting.

Some of the advantages of renting a home may determine with the style of living and financial situation of a person.

Some advantages of renting a home may include;

1. Landlord may be responsible for maintenance or any property which needs repair.

2. It is cheaper to rent than to own a house

3. There is a lot of flexibility when renting. For example, movement from one place to another.

5 0
3 years ago
Read 2 more answers
Pedrotti Corporation would like to use target costing for a new product it is considering introducing. At a selling price of $40
LiRa [457]

Answer:

$38.40

Explanation:

Target Cost = Selling Price per Unit - Profit Margin per Unit

Here, Selling Price per Unit = $40

Profit Margin = 16% of the Investment in Product

Investment = $ 300,000

Profit Margin = 16% × 300,000

                      = $48,000

Number of Units Sales = 30,000 Units

Profit Margin per Unit:

= Profit Margin ÷ Number of Units Sales

= $48,000 ÷ 30,000

= $1.6

Therefore,

Target Cost per Unit:

= Selling Price per Unit - Profit Margin per Unit    

= $40.00 - $ 1.60

= $38.40

6 0
2 years ago
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