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pantera1 [17]
3 years ago
13

When a non-price factor changes--such as technology, expectations, prices of related goods, prices of inputs, or the number of s

ellers, there is a change in:
(a) Quantity supplied and the entire curve shifts.
(b) Supply, but the curve does not shift.
(c) Quantity supplied and the supply curve does not shift.
(d) Supply and the entire curve shifts.

When there is a change in the amount firms produce due to a change in price, this is referred to as a change in:
(a) Supply, but the curve does not shift.
(b) Quantity supplied and the entire curve shifts.
(c) Supply and the entire curve shifts.
(d) Quantity supplied and the supply curve does not shift.
Business
1 answer:
ludmilkaskok [199]3 years ago
5 0

Answer:

The answers are:

  1. D) Supply and the entire curve shifts.
  2. D) Quantity supplied and the supply curve does not shift.

Explanation:

1. When non price factors (that affect the supply of a product) change, then the whole supply curve shifts and the quantity supplied will vary.

For example, new machinery that produces goods in a more efficient way, will shift the entire supply curve to the right. Suppliers will be able to produce more goods at the same costs.

2. A change in the amount of goods produced due to a change in price, is a change in the quantity supplied of that product. Suppliers will produce more goods at higher prices. But those changes in the quantity supplied happen follow the supply curve.

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Macrosoft Company reports net income of $61,000. The accounting records reveal depreciation expense of $76,000 as well as increa
melamori03 [73]

Answer:

Cashflow from Operating Activities                  $

Net income                                                         61,000

Add: items not involving movement of cash

Depreciation                                                    <u>76,000</u>

                                                                          137,000

Changes in working capital:

Increase in prepaid rent                                   (56,000)

Increase in accounts payable                           <u>11,000</u>

                                                                            92,000

Less: Tax                                                           <u>  16,000</u>

Cashflow from operating activities                   <u> 76,000</u>

Explanation:

Cashflow from operaing activities  using the indirect method equals net income plus depreciation minus increase in prepaid rent plus increase in accounts payable minus tax.

4 0
3 years ago
Inflation is a general rise in the level of prices experienced by people in a nation.
vladimir2022 [97]

Answer:

True.

Explanation:

Inflation is an economic term that can be defined as the increase in the prices of a product on the market in a given period.

It can occur due to several factors, when there is an imbalance between supply and demand, then it is correct to say that when the demand for a product is greater than the supply, there will be an increase in prices and, consequently, inflation.

It can also occur when there are situations of monopoly, which is the pricing of a product controlled by a company.

Another factor that causes inflation is the increase in a company's production costs, which can be caused by factors such as scarcity, or economic crisis.

Uncontrolled inflation has a negative impact on the consumer's life, which starts to lose its purchasing capacity and has its quality of life reduced.

4 0
3 years ago
Auditors are required to communicate with the audit committee for all but which of the following: Group of answer choices Critic
Margaret [11]

Auditors would comunicate with the audit committee for critical accounting practices including the significant accounting policies and practices for evaluating certain evidences related to the transaction.

   

Some of the other communications made to audit committee should be an overall audit strategy with time of the audit and significant risks involved for assessing risks and procedures regarding the transaction.

Auditors are required to solve the financial accounting problems and are not accountable for unusual insignificant transactions and procedures and policies.

To learn more about auditors and committee here,

brainly.com/question/14652228

#SPJ1

5 0
1 year ago
You are about to leave your shift as a security guard in a retail store, when you notice someone outside tapping on the store wi
Ahat [919]
Since the store is already close-- there's no point of having the employee to come in because as a security guard, it is best to protect the store and having to protect it in a way that a person shouldn't be let in when it is already closed even if the person looks like someone who is working in the store. If the employee has some excuses as to why he or she wants to come in, it best to respond in a way that he or she should come back when the store opens or during his or her shift.
3 0
3 years ago
In pursing its own interest, an oligopoly firm will decide to increase production by 1 unit as long as
tamaranim1 [39]

In pursing its own interest, an oligopoly firm will decide to increase production by 1 unit as long as the output effect is larger than the price effect. An oligopoly happens when there is limited competition because there are only a small number of producers or sellers in the market. Due to limited competition there is no need for most of these businesses to produce more unless the output is going to produce more and become sustainable for their consumers demand.

7 0
2 years ago
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