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MAXImum [283]
2 years ago
15

Due to ideal growing conditions in New Zealand vineyards and an overabundance of​ grapes, the price of Sauvignon Blanc wine decr

eases dramatically. Which of the following is likely to occur as a​ result?
A.
The quantity demanded will decrease.
B.
The demand will remain constant.
C.
The quantity demanded will increase.
D.
The equilibrium price will remain constant but the market price will increase.
E.
There will be no changes in supply or demand.
Business
1 answer:
fomenos2 years ago
3 0

Answer: C.The quantity demanded will increase

Explanation: Change in the demand occurs due to a change in factors affecting demand other than the price. While, a change in quantity demanded occurs due to a change in the price of the product other things constant.

As price of Sauvignon Blanc wine decreases dramatically the <em>quantity demanded</em> for Sauvignon Blanc wine must increase. Thus, the correct option is Quantity demanded will increase.

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Sound Company reported the following amounts for May, 2008: Direct materials purchased $254,000 Beginning raw materials inventor
Yakvenalex [24]

Answer:

$254,100

Explanation:

The computation of the  cost of direct materials used in production is shown below:

=  Direct materials purchased + Beginning raw materials inventory  - Ending raw materials inventory - Indirect materials requisitioned and used

= $254,000 + $12,000 - $7,900 - $4,000

= $254,100

Hence, all the other information is not considered. Therefore, ignored it

6 0
3 years ago
ABC Ltd. purchased a new 3-D printer for $500,000 at the beginning of year 1. Although this printer is expected to last for 10 y
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Answer:

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2 years ago
Martin transfers real estate with an adjusted basis of $260,000 and fair market value of $350,000 to a newly formed corporation
katrin [286]

Answer:

$40,000

Explanation:

We can calculate recognized gain on the transfer and basis for his stock just by deducting adjusted basis value from liability on the transfered real estate.

Calcuation

iability on the transfered real estate        $300,000

less: adjusted basis value                       ($260,000)

Gain recognized                                        $40,000

3 0
2 years ago
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Which of the following sentences express correct number style?
Gre4nikov [31]

Answer: a. The professional software package included Web 2.0 applications, but it cost more than $1,200.

Explanation:

A simple rule for writing a correct number style is that when writing numbers between 1 - 9 ( single digits numbers), you should spell them out. When writing anything larger however or if writing multiple numbers, you should write them as numerals.

This convention can be typically broken every now and then in certain cases. One of those cases is that, if you have a situation where you have 2 numbers in a sentence, you have to use one style for it and if the 2 numbers consist of 1 small number and 1 large number you would preferably have to use numerals.

For this reason Option A which has two numbers written as numerals is correct.

It is worthy of note however, that different styles exist as do Citation Styles and this answer is based on the most rudimentary of said styles.

4 0
2 years ago
explain on how the media can influence public opinion of sports personalities in both a positive and a negative way...
BabaBlast [244]
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8 0
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