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ratelena [41]
3 years ago
11

Assume that the cost of aluminum used by​ soft-drink companies increases. Indicate which of the following statements describing

the resulting effects in the market for soft drinks distributed in aluminum cans are true​ (T) or false​ (F). A. The demand for soft drinks decreases.B. The quantity of soft drinks demanded decreases.
C. The supply of soft drinks decreases.
D. The quantity of soft drinks supplied decreases.
Business
1 answer:
spayn [35]3 years ago
5 0

Answer:

a. false

b. true

c. true

d. false

Explanation:

a. The first statement is false as the demand for the soft drink do not declines

b. The second statement is true as the quantity demanded decreased

c The third statement is true as the supplied decreased

d. The fouth statement is false as the quantity suppied do not decline

Therefore the option b and C are correct and option A and D are incorrect

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Answer:

B

Explanation:

Opportunity cost is the valje of the next best alternative forgone when a choice is made.

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2 years ago
Depreciation of equipment is an example of a(n) relevant cost. opportunity cost. sunk cost. variable cost. None of these.
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There are different kinds of cost incurred in business. Depreciation of equipment is an example of sunk cost.

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2 years ago
Mr. Hopper expects to retire in 30 years, and he wishes to accumulate $1,000,000 in his retirement fund by that time. If the int
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Answer:

Annual payment = $4,143.66 (Approx)

Explanation:

Given:

P = $1,000,000

r = 12% = 0.12

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Annual payment

Computation:

Annual\ payment=P[\frac{(1+r)^n-1}{r} ] \\\\Annual\ payment=1,000,000[\frac{(1+0.12)^{30}-1}{0.12} ] \\\\ Annual\ payment=4143.66

Annual payment = $4,143.66 (Approx)

7 0
3 years ago
What role does ethics play in choosing and applying a depreciation method?what role does ethics play in choosing and applying a
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Answer:

Explanation:

Ethics demands reasons to be given for changing from one depreciation method to another. There are three depreciation methods that are applicable including double-declining balance technique, unit of production technique, and straight-line technique.  

Changing from one depreciation method to another must be done in the best interests of shareholders and reasons for such a change must be disclosed. Therefore, ethics requires a company to reveal the changes in depreciation method and adhere to the accounting principles related to the method used.  

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