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3 years ago

An increase in the cost of producing a good or service will cause a leftward shift of the supply curve. True False

Business

1 answer:

TEA [102]3 years ago

4 0

Answer:

True

Explanation:

An increase in the cost of production would cause some producers to stop production, supply would fall and the supply curve would shift to the left.

I hope my answer helps you

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At the beginning of the current period, Shamrock Corp. had balances in Accounts Receivable of $187,800 and in Allowance for Doub

nignag [31]

Answer:

See below

Explanation:

The net realizable values are as follows

ai For accounts receivables

Ending balance of account receivables = Beginning balance of account receivables + Credit sale - Collections uncollectible amount

= $187,800 + $860,400 - $687,720

= $360,480

aii For allowance for doubtful debt

= Beginning balance + Previously written off amount - Uncollectible amount + Bad debt expense

= $9,630 + $2,859 - $7,381 + $18,412

= $23,070

6 0

2 years ago

Most economists believe that prices are:

BaLLatris [955]

Answer: Most economist believe that prices are flexible in the long run but many are sticky in the short run.

Explanation:

Prices are sticky in the short run because producers and buyers take time to adapt to new situations. If there is a shortage of butter, lets say, the economic theory says that the prices will rise because there is less butter ( ceteris paribus = all the other factors remain constant). Actually, buyers and suppliers need time to adapt to the new situation. However, in the long run buyers and suppliers have time to adapt to new situations so prices become more flexible.

8 0

3 years ago

Only people who own property need insurance true or false

MAVERICK [17]

Answer:

false

Explanation:

pretty sure that is false as one can have life insurance without property.

Still double check...

5 0

2 years ago

____________ helps to preserve the relationship between workers and management because it helps them listen to the other side.

Ne4ueva [31]

Answer:

The correct answer is letter "C": Mediations.

Explanation:

Mediations are alternative methods to solve conflicts that have the inherent goal of reaching an integral solution of the conflict for the parties involved avoiding to take the problem to court. During the mediation, the parties involved express their demands and a mediator comes to the best conclusion that benefits the parties as equal as possible.

6 0

2 years ago

At Mattress Store, Nate signs a contract to buy bedroom furniture. The contract sets a schedule of $500 monthly payments, subjec

earnstyle [38]

Answer:

procedural unconscionability

Explanation:

Since Nate is finding the language of the contract difficult to understand. This is most likely a case of procedural unconscionability.

In contract law, procedural unconscionability refers to a situation where the unconscionability results from inequalities between the parties in respect of age, intelligence, and relative bargaining power.

Furthermore, procedural unconscionability projects an indication that both parties did not freely consent to all terms proposed.

7 0

2 years ago