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tatyana61 [14]
3 years ago
6

All of the following can change the supply curve EXCEPT: A. the cost of labor. a change in consumer tastes for the product. B. t

he expectation that prices are about to increase. C. the number of sellers offering the product
Business
2 answers:
zavuch27 [327]3 years ago
7 0

Answer:

The correct answer is: B) A change in the demand for the product.

Explanation:

Changes in demand and changes in the quantity demanded change in the quantity demanded refers to the passage from one point to another within the same curve, (an upward or downward movement) as a result of a decrease or increase in the price of the product. A change in demand is a shift of the entire curve to the right (increase in demand), or to the left (decrease in demand), due to factors other than price.

ladessa [460]3 years ago
4 0

Answer:

a change in consumer tastes for the product.

Explanation:

A change in consumer taste about a product causes the demand curve and not the supply curve to change.

If the cost of Labour increases, cost of production is higher and supply would fall. The supply curve would shift leftward.

If the cost of Labour falls, cost of production is lower and supply would increase. The supply curve would shift to the right.

If it is expected that price would increase, supply would increase and the supply curve would shift to the right.

If the number of sellers increases, supply would increase and the supply curve would shift to the right.

If the number of sellers decreases, supply would fall and the supply curve would shift to the left.

I hope my answer helps you

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Hitzu Co. sold a copier (that costs $7,500) for $15,000 cash with a two-year parts warranty to a customer on August 16 of Year 1
worty [1.4K]

Answer:

1.Warranty expense

$ 750

2.Estimated warranty liability

$ 750

3. Warranty Expense $ 0

4.

Estimated warranty liability

$ 626

5. Hitzu Co. Journal entries

Aug 16

Dr Cash 15,000

Cr Sales 15,000

Aug 16

Dr Cost of goods sold 7500

Cr Merchandise inventory 7500

Dec 31

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Dec 31

Dr Estimated warranty liability 124

Cr Repair part inventory 124

Explanation:

1.

Warranty expense 5% of dollar sales

= 5% × $15,000 = $750.

2.

The December 31, 2017, balance of the liability equals the expense because no repairs are provided in 2017. Therefore, the ending balance of the Estimated Warranty Liability account is $750.

3.

The company should report no additional warranty expense in 2018 for this copier.

4.

The December 31, 2018, balance of the Estimated Warranty Liability account equals the 2016 beginning balance minus the costs incurred in 2018to repair the copier:

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Ending 2018 balance $626

4 0
3 years ago
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Pani-rosa [81]
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Answer:

B

Explanation:

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Annual depreciation - $(120,000-20000)/10 = $10,000

Accumulated depreciation for 4 years = 10*4= $40000

Book value at disposal = $120,000-$40000= $80000

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Gala2k [10]

Answer:

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Explanation:

Macroeconomics policy addresses key issues in the economy such as  the structure, performance, behavior, and decision-making of the whole, or aggregate, economy.

The two main areas of macroeconomic research are long-term economic growth and shorter-term business cycles.

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