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IgorC [24]
3 years ago
10

You read an article in a news magazine that explains how the economy expanded for several years, and then went into a period of

contraction. What is the main subject of this article?
A. poverty
B. microeconomics
C. the business cycle
D. voluntary exchange

What happens to the equilibrium price when supply goes down?
A. The price goes up.
B. The price goes down.
C. The price stays the same.
D. The price goes up, and then goes down.
Business
1 answer:
mart [117]3 years ago
7 0
The best and most correct answer among the choices provided by the first question is the third choice or letter C "the business cycle."

On the other hand, the best and most correct answer among the choices provided by the second question is the first choice or letter A " The price goes up. "<span>
</span>I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!
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Equity securities acquired by a corporation which are accounted for by recognizing unrealized holding gains or losses are Group
yawa3891 [41]

Answer

Associate: where a company has holdings of between 20% and 50%.

Minority Interest: where a company has holdings of less than 20%

Parent Company: where a company has holdings of more than 50%.

Explanation:

<u>An associate company </u>(or associate) is a company that owns a business beyond 20% and not more than 50%. In business valuation such a company that has invested significantly in the shares of another company will have voting rights in the board of the acquired company.

<u>Minority Interest</u> is the term used to describe the investments of one company in another company, when such investments are less than 20% of the total value of the acquired company.

<u>Parent Company</u> is a company that owns more than half (50%) of the shares or value of another company.

4 0
3 years ago
What is the effect on market when suppliers under invest in their businesses​
yanalaym [24]

Answer:

  • Low supply
  • Scarcity
  • Low economic growth

Explanation:

When suppliers under invest in their business, they will end up having the capacity to only produce less than the market requires. Should this happen, supply will be reduced in the market which would lead to relative scarcity all else being equal.

For economic growth to happen, there must be increasing production in an economy so if suppliers are under investing and production is low, there might be low or no economic growth.

8 0
2 years ago
Roadway Corporation produces a special line of plastic toy racing cars. Roadway Corporation , produces the cars in batches. To m
r-ruslan [8.4K]

Answer:

the efficiency variance for variable overhead setup costs is $4,810 favorable

Explanation:

The computation of the efficiency variance for variable overhead setup costs is shown below;

= ((15,700 ÷ 265) × 4.25) × $45 - ((15,700 ÷ 325) × 3) × $45

= $11,330.6604 - $6,521.5384

= $4,809.12 favorable

= $4,810 favorable

hence, the efficiency variance for variable overhead setup costs is $4,810 favorable

4 0
3 years ago
Comfy Inc. uses five yards of wool in each blanket it produces. Comfy’s production budget next year is 30,000 blankets. The anti
Kamila [148]

Answer:

wool purchased = 140,000 yards

Explanation:

given data

wool in each blanket = five yards

production budget = 30,000 blankets

beginning inventory = 30,000 yards

Ending inventory = 20,000 yards

wool costs = $10

to find out

How many yards of wool should Comfy purchase

solution

we get first production in yards that is

production in yards = 30,000 × 5

production in yards = 150,000

and

wool purchased will be

wool purchased = production - ( beginning inventory -  Ending inventory)

wool purchased = 150,000 - ( 30000 - 20000 )

wool purchased = 140,000 yards

7 0
3 years ago
Bad Brads BBQ purchased a piece of equipment by paying $5,000 cash. They also incurred a shipping cost of $400 to get the equipm
rodikova [14]

Answer:

The $5,400 is the amount should Bad Brads BBQ record the equipment.

Explanation:

According to the Generally Accepted Accounting Principles (GAAP), the amount of asset is recorded at cost or fair market value which ever is lower.

The motive behind this is to present the financial statement in true and fair value rather than mislead values.

Since in the given question, the equipment purchase cost is $5,000 and shipping charges is $400.

So,

The total cost is = Purchase cost + shipping charges

                          = $5,000 + $400

                          = $5,400

And, the fair market value is $7,000.

By using the above explanation, the $5400 is the lesser amount than the $7,000.

Hence, the $5,400 is the amount should Bad Brads BBQ record the equipment.

5 0
3 years ago
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