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lilavasa [31]
3 years ago
15

Quantity demanded: a. shows how much sellers are willing and able to sell at different prices. b. is the amount that buyers are

willing and able to buy at a particular price. c. is the amount that sellers are willing and able to sell at a particular price. d. shows how much buyers are willing and able to buy at different prices.
Business
1 answer:
Mrac [35]3 years ago
3 0

Answer:

B) is the amount that buyers are willing and able to buy at a particular price.

Explanation:

The quantity demanded of a product or service is how many units are consumers willing and able to buy at a specific price. While the product's demand is given by how many units are consumers willing and able to buy at a price interval. The product's demand is represented by the demand curve, while the quantity demanded is represented by a specific point in the demand curve.

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Suppose that a country's inflation rate increases sharply. As a result, the inflation tax on holders of money . True or False: W
maria [59]

Answer:

A) True

B) False

Explanation:

If a country's inflation rate increases sharply, the inflation tax the loss in wealth suffered by holders of money as a result of inflation will definitely rise significantly.

Since money is neutral in the long run, inflation should not affect the real interest rate (over the long run) but only the nominal interest rate, which, in accordance with the Fisher effect should adjust one for one with the price level. Thus, wealth in savings accounts is not affected by changes in the inflation tax. However, holders of savings account are hurt by the increase in the inflation rate because they are taxed on their nominal interest income, so their real returns falls as a result of higher inflation.

6 0
3 years ago
During May, 10,000 packages of chicken sausages were produced, for which 52,000 pounds of meat and 15,000 machine hours were use
Andre45 [30]

Answer:

50,000 pounds of chicken meat

Explanation:

If 10,000 packages of chicken sausages were produced, the estimated amount of chicken meat and machine hours would equal:

  • chicken meat = 10,000 packages times 5 pounds per package = 50,000 pounds of chicken meat
  • machine hours = 10,000 packages times 2 hours per package = 20,000 machine hours

8 0
3 years ago
Under its executive stock option plan, National Corporation granted 12 million options on January 1, 2018, that permit executive
Stella [2.4K]

Answer:

Total Compensation is $60 million

On December 31, 2018, 2019 and 2020

Dr. Compensation Expense               $20 million

Cr. Paid-in Capital – stock options    $20  million

April 3, 2021

Dr. Paid-in Capital – stock options    $20  million

Cr. Common Stock (12 million x $1)   $12 million

Cr. Paid-in Capital – stock options    $8  million

Explanation:

Stock option is a type compensation which is given to the employees and executives of the company. It requires some some obligation to be performed by the employee to exercise.

Fair value at grant date = $5

Number of option granted = 12 million

Total Compensation = Fair value at grant date x Number of option granted = $5 x 12 million = $60 million

This compensation will be expensed over vesting period of 3 years.

Expense each year = $60 million / 3 = $20 million per year.

No Entry is required on grant date. Fair market value of the option is calculated on this date.

On December 31, 2018, 2019 and 2020 The expense will be recorded.

5 0
4 years ago
If total utility has reached a maximum level, and assuming that diminishing marginal utility already applies, then what will hap
Nady [450]

Answer:

Marginal utility of the additional units will turn negative

Explanation:

As total utility has reached a maximum level, adding additional units of the same product will generate the total utility to decrease thus, the marginal utility of this additional products is negative as they made the utility of the consumer to decrease.

The diminish return theory state that:

The units increase utility at a decreasing rate  and then, they reach a maximum of utility afterwhihc, additional units do not generate utility, they decrease it

4 0
4 years ago
Concord Corporation sells radios for $50 per unit. The fixed costs are $665000 and the variable costs are 60% of the selling pri
kenny6666 [7]

Answer:

(B) 34400 units

Explanation:

The formula to compute the break even point is shown below:

= (Fixed costs) ÷ (Contribution margin per unit)  

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit  

= $50 -  ($50 × 50%)

= $50 - $25

= $25

And, the fixed cost = $665,000 + $195,000 = $860,000

So, the break even point would be

= ($860,000) ÷ ($25)

= 34,400 units

7 0
4 years ago
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