Answer:
a. a rightward shift of the demand curve.
Explanation:
An increase in demand is reflected graphically as a rightward shift of the demand curve.
A decrease in demand is reflected graphically as a leftward shift of the demand curve.
An increase in Quanitity demanded is represented as a movement down the demand curve.
A decrease in quantity demanded is represented as a movement up the demand curve.
Please check the attached image for a graph showing the rightward shift of the demand curve.
I hope my answer helps you
Answer: $1,050,000
Explanation:
The dollar amount of the purchase of suits if each coat has a cost of $75 can. Be calculated as thus:
Budgeted sales = 12000
Add: sales inventory = 6000
Less: September beginning inventory = 4000
Required purchase for September will now be:
= 12000 + 6000 - 4000
= 14000
The dollar amount will be:
= 14000 × $75
= $1,050,000
Answer: The the minimum price that would induce this company to produce the 601st heart rate monitor is <u>$70</u>.
Explanation: The marginal cost of producing one more unit is equal to 30070 - 30000 = 70.
A company produces to the point where the price is equal to the marginal cost. In other words, the cost of producing one more unit does not exceed the benefit to be obtained from the sale of one more unit.
Answer:
$923.077
Explanation:
Data provided in the question:
Face value of the bond = $1,000
Interest rate = 6% = 0.06
Comparable interest rate = 6.5% = 0.065
Now,
The amount of annual interest on the bond
= Face value × Interest rate
= $1,000 × 0.06
= $60
Therefore,
the approximate dollar price for selling the bond
= ( Dollar amount of annual interest ) ÷ ( Comparable interest rate )
= $60 ÷ 0.065
= $923.077
According to Businesstown.com break even can help an entrepreneur determine how much is needed to be sold to catch up with all the made product discounts, giveaway or loss in the business. The profit should be enough to cover all the costs. It can also give an overview if adjusting the price of products would not affect or create great losses.