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Katarina [22]
3 years ago
14

If the price for widgets was set at $4

Business
2 answers:
saw5 [17]3 years ago
8 0

The correct answer was

D) producers would discover that the price should be lowered.

grin007 [14]3 years ago
5 0

If the price for widgets was set at $4 D) producers would discover that the price should be lowered.

The price would be discovered as wanting to be set at a lower rate due to the price where the number sold and the price point they would purchase the most at is at $2.50. If the price was set at $2.50 demand and supply would be at an equal therefor the product would be moving and demanded at the same rate.

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Suppose consumers spent $42 million on Christmas trees last year, when the average tree cost was $30. This year they spend $42 m
faltersainse [42]

Answer:

The question is incomplete

Choose one correct answer from the following;

a.​the demand for trees is inelastic.

b. total revenue to tree producers rose this year.

c. consumers bought the same number of Christmas trees this year as last year.

d.​the price of the Christmas trees stayed the same.

e.​the demand for trees is unit elastic.

The answer is e.​the demand for trees is unit elastic.

Explanation:

Price elasticity of demand =( (25-30)/30 *100)/ 1680-1400/1400 *100)=1.2

4 0
3 years ago
" stan loves collecting stamps. he receives an email that appears to come from a well-known stamp auction site asking him to res
Anna35 [415]
This scenario is an example of attempted "phishing"

Your answer is phishing
6 0
3 years ago
The Horizon Company will invest $50,000 in a temporary project that will generate the following cash inflows for the next three
barxatty [35]

Answer:

NPV = - $5,573.24

Explanation:

We know,

Net Present value = ∑\frac{Cashflow_{t}}{(1 + r)^{t}} - Initial Cash flow

Given,

Cost of capital, r = 12% = 0.12

Initial cash flow = $50,000

number of year, t = 3

Therefore,

Present value of cash flows = \frac{15,000}{(1 + 0.12)} + \frac{30,000}{(1 + 0.12)^2} + \frac{20,000}{(1 + 0.12)^3}

Present value of cash flows = \frac{15,000}{1.12} + \frac{30,000}{(1.12)^2} + \frac{20,000}{(1.12)^3}

Present value of cash flows = \frac{15,000}{1.12} + \frac{30,000}{1.2544} + \frac{20,000}{1.4049}

Present value of cash flows = $13,392.8571 + $23,915.8163 + $14,235.8887

Present value of cash flows = $51,544.56

Present value of cash outflow = $50,000 + [10,000 ÷ (1.12)^3]

Present value of cash outflow = $50,000 + $7,117.80

Present value of cash outflow = $57,117.80

Therefore, NPV = $51,544.56 - $57,117.80

Net present value, NPV = - $5,573.24

8 0
3 years ago
Leppard Corporation sells DVD players. The corporation also offers its customers a 2-year warranty contract. During 2014, Leppar
maks197457 [2]

Answer:

A. Dr Cash $2,184,000

Cr Unearned warranty revenue $2,184,000

B. Dr Warranty expense $182,000

Cr Inventory $182,000

C. Dr Unearned warranty revenue 364,000

Cr Warranty revenue 364,000

Explanation:

a. Preparation of thr Leppard’s journal entries for the sale of contracts

Dr Cash $2,184,000

($20,000 x$109.20 each)

Cr Unearned warranty revenue $2,184,000

(Being to record sale of contracts)

b. Preparation of Leppard’s journal entries for the cost of servicing the warranties.

Dr Warranty expense $182,000

Cr Inventory $182,000

(Being to record Cost of servicing warranty)

c. Preparation of Leppard’s journal entries for the recognition of warranty revenue.

Dr Unearned warranty revenue 364,000

Cr Warranty revenue 364,000

(Being to record recognized warranty revenue)

Calculation for recognized warranty revenue

First step is to calculate the Total expected cost

Total expected cost = 182,000 + 910,000

Total expected cost= 1,092,000

Now let calculate warranty revenue

Warranty revenue=182,000/ 1,092,000 x $2,184,000

Warranty revenue = 364,000

6 0
2 years ago
Jeff, the owner of a business, withdrew $100 from the business for personal use. How would this affect the total equity of his b
andrey2020 [161]

Answer:

Jeff invests an additional $100 into his company from his personal checking account. How would this affect the equity of his business? Common stock would be increased and total equity would also increase J. Brown paid $40 to its stockholders.

The owner has effectively withdrawn part of their equity as inventory. The drawings account is a temporary account and is cleared at the end of each year either by a debit against the capital account, repayment by the owner or against the salary of the owner, depending on the circumstances of the original goods withdrawal.

Explanation:

6 0
2 years ago
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