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3 years ago

The rule of supply and demand says that

2 answers:

8 0

If the demand is higher than the supply then the price goes up, and if you have a high supply and a low demand then the price goes down

kozerog [31]3 years ago

3 0

The rule of supply and demand says that if there is high demand for goods the price of said good goes up. Now if the supply is more than the demand then price will plummet since there are too many items.

Hope this helps have a nice day (:

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4 0

2 years ago

How are bonds payable usually classified on the balance sheet?

earnstyle [38]

Bonds payable that are <u>long-term obligations</u> are typically recorded on the balance sheet.

<h3><u>How do long-term liabilities work?</u></h3>

Long-term liabilities are debts owed by a business that won't be paid off for at least a year. To give a clearer picture of a company's present liquidity and its capacity to meet its obligations as they come due, the current part of long-term debt is broken out separately from other debt.

Long-term liabilities are also referred to as noncurrent liabilities or long-term debt. The balance sheet's part that may include debentures, loans, deferred tax liabilities, and pension obligations is where long-term liabilities are stated following more immediate liabilities.

Liabilities that are greater than one year in duration or that are not due within the next 12 months are referred to as long-term liabilities. The time it takes a business to convert its inventory into cash is known as its operational cycle.

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7 0

2 years ago

Julia, an economics professor, is giving a presentation on her research. What presentation delivery method should Julia use if s

Alex

Webcast :) i believe is the answer

8 0

3 years ago

Read 2 more answers

Suppose that demand decreases and supply decreases. What would you expect to occur in the market for the good? a. Equilibrium pr

Nikitich [7]

Answer:

c. Equilibrium quantity would decrease, but the impact on equilibrium price would be ambiguous.

Explanation:

When the demand decreases along with the decrease in supply, obviously the equilibrium quantity will also decrease, to match the level of supply and demand.

But the price cannot be fairly estimated as because the supply is decreased the prices shall increase for equilibrium but as the demand has also decreased the prices shall decrease in order to match the equilibrium.

Thus, the price is ambiguous but definitely the quantity shall stand decreased for equilibrium.

4 0

3 years ago

Alvin is a self-employed sound technician who reports on the cash method and calendar year. Alvin has a shop in Austin, Texas, b

andrezito [222]

Answer:

Business expense is $25,000

Explanation:

Business related cost incurred by Alvin should be a proportion of the total cost. We need to estimate business related percentage of his activities and allocated business expense appropriately.

Alvin used an estimated 6,000 miles on his truck for personal use out of a total of 36,000 miles.

The percentage of business related miles= (36,000-6,000)/36,000= 0.833333

Total expenses= Cost of lease + Cost of gas, oil, and repairs

Total cost= 18,000+ 12,000= $30,000

Business expense= Percent of business related cost* Total cost

Business expense= 0.8333333* 30,000

Business expense= $24,999.99~ $25,000

7 0

3 years ago