If the market price for a product falls, the curve that would shift would be the D. Curve D.
<h3>What curve shifts with market price ?</h3>
In the given graph, the curve that would shift as a result of a shift in the market price would be the demand curve or D. This is because this demand curve is a horizontal curve which makes it perfectly elastic.
A perfectly elastic curve will change demand when there is a change in market price as more people will be interested in the good or service and try to get more or it.
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Answer:
its b i am pretty sure its b
Answer:
Option (A) is correct.
Explanation:
Given that,
Target full product cost = $500,000 per year
Actual fixed cost = $280,000 per year
'Actual fixed cost cannot be reduced'
Actual variable cost = $3 per unit
Production volume = 151,000 units per year
Therefore,
Total target variable cost per unit cannot exceed:
= $1.46
Answer:
$3,000
Explanation:
Inventory Sold 2,000*$50=$100,000
Warranty Expense $100,000*3%=$3,000
Therefore $3,000 would be reported in warranty liability account.
When any claim for warranty is reported,the liability will be set off by debiting it and corresponding effect to inventory or stores will be taken.
