Answer:
See below and the picture attached.
Explanation:
For a)
Find the attached image. The initial equilibrium is at EQD1 and Price = 5, the quantity demanded at this level is 100 cigarettes.
For b)
When the price rises to $6, the supply curve for cigarettes shift outwards to supply 2 while the inelastic demand stays the same. This forms and equilibrium of Price 2 and EQD1, qty demanded is still at 100 packs. It would stay the same as there is no demand loss pressure from inelastic demand.
For c)
When the demand falls to 80 packs but remains inelastic, there is a horizontal demand curve shift to the left, from D1 to D2. This forms a new equilibrium with Price = p3 that is less than the equilibrium price of $5. The new quantity demanded and supplied will form a new equilibrium for D2 = 80 packs but price less than the initial P1.
Hope that helps.
Answer:
$122,500
Explanation:
Calculation for the amount of the common fixed expense not traceable to the individual divisions
First step is to calculate Total segment margin
Total segment margin = $43,600 + $174,300
Total segment margin= $217,900
Now let calculate the Common fixed expense
Common fixed expense = $217,900-$95,400
Common fixed expense $122,500
Therefore the amount of the common fixed expense not traceable to the individual divisions is $122,500
We are to explain what trespass to land meant.
Trespass to land is committed if, without the permission of the property owner, a person <em>"causes water to back up onto the property"</em>
Trespass to land is a punishable offence under the law. An individual must not go beyond the boundary or limit of his own property. There shouldn't be any form of interference in the property of someone else.
For instance, a person goes to another person's compound to plant vegetable has trespassed except if he or she is given the permission to do so.
Therefore,
Trespass to land is committed if, without the permission of the property owner, a person <em>"causes water to back up onto the property"</em>
Read more:
brainly.com/question/11711008
Answer:
$ 30,000.00
Explanation:
The cost of warranty is expensed the same period the sale is made. Warranty can be estimated, and expensing them together with sale matches a sale and its relevant cost.
<u>In this case: </u>
Estimated warranty @ $15 dollar per unit sale
total unit sold =2000
Warranty amount = $15 x 2000
=$ 30,000.00
To be expensed when the sale is made
Answer:
The correct answer is: Operating budget.
Explanation:
An operating budget is an estimate a business make of the expenses and revenue it plans to book in its ongoing operations. Operating budgets can also be used to forecast future operating corporate periods. This type of budget mainly includes the <em>number of sales expected in dollars</em>, <em>fixed and variable costs</em> as well as <em>operating expenses</em> such as loan payments or depreciation.
