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3 years ago

Which scenario best reflects the relationship between production and demand in a recession?

Business

2 answers:

Zarrin [17]3 years ago

8 0

Answer:

C. Car dealerships cannot sell their stock

There are four scenarios as following:

a.) Car dealerships have minimal overstock.

b.) Car dealerships are not restocking.

c.) Car dealerships cannot sell their stock.

d.) Car dealerships cannot obtain stock.

=> The answer is C

Explanation:

Recession is the term used to describe the situation when a country suffer from the negative economic growth (indicated in the negative GDP growth rate).

The recession is considered the result of the economic downfall of that country, resulting in the decrease in capital inflow, slowing down the production and increasing the unemployment rate in that country. Consequently, the wage of people there would decrease, lowing their consumption. So that with lower demand and level of expense of the market, the <u><em>car dealerships cannot sell their stock. </em></u>

larisa86 [58]3 years ago

5 0

Answer:

C. Car dealerships cannot sell their stock

Explanation:

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You work for Amazon and you are charged with building consumer awareness for the latest version of the firm’s Kindle reader. Wha

Damm [24]

Answer:

Rich media display campaign

Explanation:

I will run the rich media display campaign. This is a digital advertising method that uses ads with features that includes, videos, audio, etc, that may interest viewers to be engaged with my content. An ad like this will give room for my audience to be involved through the ad. The consumers are likely to take different forms of action after going through an ad like rich media compared to others.

3 0

3 years ago

These financial statement items are for Snyder Corporation at year-end, July 31, 2017. Salaries and wages payable $2,580 Salarie

tatiyna

Answer:

Net loss = (6,700)

Explanation:

According to the scenario, computation of the given data are as follow:-

Income Statement

Particular Amount ($)

Revenue from Service 62,100

Revenue from Rent 8,500

Less-Salaries and wages expenses (50,700)

Less-Utilities expenses (22,600)

Less-Depreciation expenses (4,000)

Net loss (6,700)

6 0

3 years ago

Ponzi Products produced 100 chain-letter kits this quarter, resulting in a total cash outlay of $10 per unit. It will sell 50 of

goldenfox [79]

Answer:

a) Ponzi Products

Income statement

For quarters 1, 2, 3 and 4 of year 202x

Q1 Q2 Q3 Q4

Sales revenue $0 $550 $600 $0

COGS $0 $500 $500 $0

Operating income $0 $50 $100 $0

Since no products are sold during the first and fourth quarter, their respective revenues, COGS and operating income is $0.

b) Ponzi Products

Schedule of Expected Cash Receipts

For quarters 1, 2, 3 and 4 of year 202x

Q1 Q2 Q3 Q4

Sales revenue $0 $0 $550 $600

Cost of goods man. ($1,000) $0 $0 $0

Net cash receipts ($1,000) $0 $550 $600

c) This question is incomplete, it should say what is Ponzi's net working capital for each quarter?

NWC = current assets - current liabilities

NWC Q1 = $1,000 (Merchandise inventory account, no liabilities)

NWC Q2 = $500 (Merchandise inventory account, no liabilities)

NWC Q3 = $550 (Cash account, no liabilities)

NWC Q4 = $1,150 (Cash account, no liabilities)

6 0

3 years ago

Using the following information what is the velocity of money?

OleMash [197]

Answer:

10.14

Explanation:

Velocity of money measures the rate at which money changes hands or is exchanged in an economy.

Velocity = (Price × aggreagrate income) / money supply

(1.69 × $15000) / $2500 = 10.14

7 0

3 years ago

Suppose that during the past year, the price of a laptop computer rose from $2,750 to $2,880. During the same time period, consu

icang [17]

Answer: Elasticity of demand is 7.06

Explanation:

P1= $2,750

P2=$2,880

Q1=446,000

Q2=321,000

$Elasticity = \frac{Q2 - Q1}{\frac{Q1 + Q2}{2} } * \frac{\frac{P1 + P2}{2} }{P2 - P1}$

$Elasticity = \frac{321,000 - 446,000}{\frac{446,000 + 321,000}{2} } * \frac{\frac{2750 + 2880}{2} }{2880 - 2750}$

$Elasticity = \frac{-125,000}{383,500} * \frac{2815}{130}$

$Elasticity = - 0.3259*21.6598$

Elasticity = -0.76

Thus, elasticity of demand for laptops is 7.06. This means that laptops are highly price elastic as it is greater than 1.

8 0

3 years ago