All categories

3 years ago

What kind of table lists the quantity of a good that a person will buy at different prices?

1 answer:

8 0

The kind of table which lists the quantity of a good that an individual person will buy at different prices is the market demand schedule.

<u>Explanation:</u>

A market demand schedule, is therefore a table of lists that lists the quantity of a good that a consumers will buy at every different prices in a market. A market demand schedule, thus, for a product, indicates that the relationship between the quantity demanded of the product and the price of the product which is in inverse relationship.

The similar term is the demand schedule which enlist the quantity of the goods or product which is demanded at various prices in the market. The difference lies between the market demand schedule and demand schedule is the process of buying as the quantity demanded and the quantity of goods that will be bought.

You might be interested in

All quality social media creation for a business has some cost attached to it, therefore business managers have many factors the

BartSMP [9]

Answer: media share site

Explanation: In other to promote business growth, most businesses have tapped into the use of social media which enables business to reach a very large audience all over the world within a very short span of time. The media sharing sites refers to a website which gives users the privilege to store and share digital contents such as pictures, videos and other media content with others. Platforms such as Instagram, Vine, Flickr, and so on. Media sharing sites offers the ability to share contents with a others around the world through a website which is accessible from anywhere in the world. In selecting a media sharing site however, one must consider the content act or creator, distribution and cost.

6 0

3 years ago

Juniper Company uses a perpetual inventory system. The company purchased $9,750 of merchandise on August 7 with terms 1/10, n/30

kozerog [31]

Answer:

Amount of cash paid on Aug 16 = <u>$8,167.50</u>

Explanation:

As for the information provided the terms of purchase are,

1% discount if payment made within 10 days,

and a total credit period of 30 days without any discount beyond 10 days.

Here, inventory purchased on August 7 = $9,750

Less; Return on 11 August = $1,500

Net Purchases = $8,250

Since payment is made on 16 August that is within 10 days from purchase discount will be received

= $8,250 $\times$ 1% = $82.50

Amount of cash paid on Aug 16 = $8,250 - $82.50 = $8,167.50

8 0

3 years ago

On July 10, Boogie Footware agrees to a contract to sell 800 pair of flapper shoes for $16,000 to Twenties, Inc. On September 1,

atroni [7]

Answer:

$2,000

Explanation:

Revenue is the income generated from normal business activities. This includes allowances, discounts and deductions for sales returned.

Since Boogie and Twenties modify the agreement to reduce the price of the remaining 300 pair of flapper shoes to $10 a pair, it means that revenue to be recognized from the date of the change will be recognized at a unit price of $10.

As such if Boogie delivers 200 pairs of shoes in September,

Revenue to be recognized in the Month of September

= 200 * $10

= $2,000

5 0

3 years ago

What is the maximum amount a 45-year-old taxpayer and 45-year-old spouse can put into a Traditional or Roth IRA for 2016 (assumi

tangare [24]

Answer:

$5,500 USD

Explanation:

Since traditional Roth IRA accounts cannot be owned jointly, then both individuals must have their own account. That being said they can still contribute to each other's Roth IRA accounts on behalf of their spouse. You can contribute a total of 100% of your earned income up to a limit of $5,500 USD. Pensions are not allowed as contributions. Individual's over the age of 50 have a limit of $6,500

6 0

3 years ago

Marit Brunsell deposited $50,000 at Bank of America at 8% interest compound quarterly. What is the effective rate (APY) to the n

Musya8 [376]

Answer:

EAR = 8.24%

Explanation:

EAR = (1+APR/n)^n-1

Where n is number of compounding per year = 4

EAR = (1+8%/4)^4 - 1

EAR = (1 + 0.02)^4

EAR = (1.02)^4

EAR = 1.08243216 - 1

EAR = 0.08243216

EAR = 8.24%

5 0

2 years ago