For this case what you should do is to clear q in both equations with a price of p = 16 $
We have then:
For the demand
p = 48 - 2q
q = (48 - p) / 2
q = (48 - 16) / 2
q = 16
For the supply:
p = 12 + q
q = p-12
q = 16-12
q = 4
Answer:
if the town imposes a price ceiling of 16 dollars, and the quantity demand will be 16 while quantity supply will be 4.
Answer:
An agricultural cooperative, also known as a farmers' co-op, is a cooperative where farmers pool their resources in certain areas of activity. ... Supply cooperatives supply their members with inputs for agricultural production, including seeds, fertilizers, fuel, and machinery services.
Explanation:
Answer:
Since the options were granted at an exercise price of $15 when the market value of the shares was $20, total compensation under the intrinsic method would be $5 per share on 1,000 shares or $5,000. Since the options are exercisable on 1/2/X2, the $5,000 in compensation would all be recognized n 20X1.
Explanation:
The event should be presented in the financial statements as follows:
1. The assets side of the balance sheet will be reduced by 75%, with its accompanying accumulated depreciation.
2. The bonded liability on the balance sheet is eliminated by the relevant amount.
3. The journal entry should debit the Bonded Liability and accumulated depreciation, while the assets worth 75% are credited.
4. If the bonded indebtedness is more than 75% of the assets, the company records a profit on disposal on the income statement. Otherwise, it records a loss. If they are equal, there is no profit or loss.
Thus, the difference between the debit and credit entries constitutes either profit or loss on disposal.
Learn more: brainly.com/question/17329408
