Answer:
d. The price will stay the same, but the quantity will increase.
Explanation:
When the demand and supply both fall, the equilibrium quantity will definately fall but the price will remain the same. The new supply adapts to the reduction of the demand.
Answer: 2.91 years
Explanation:
The discounted payback period calculates how long it takes for the cummulative discounted cash flow to equal the amount invested.
Please check the attached image for the table explaining how the answer was gotten.
<u>Solution and Explanation:</u>
calculating the increase in the net operating income is as follows:
S.no Particulars and explanation Amount
1. Sales ( $268000 + 84000 ) 352000
2. Contribution ( 1 multiply with 40 percent) 140000
3. Fied expense ( $119200 plus $6200 ) 125400
4. Net operating income ( 2 step minus 3 step) $14600
therefore, net operating income increased by $ 14600 plus $12000
Note: the sales were not given, so i have taken or assumed. Please change the figure if there is different figure of sales in the question given.
Answer: Trade Industries
Explanation:
Trade industries survive as long as people and businesses can afford to trade goods and services. If entities are unable to afford consumption for a reason such as a decline in income, the trade industries will suffer.
When the economy is not healthy, income levels of people will reduce and so trade industries will suffer as opposed to a healthy economy where entities can afford goods and services which will ensure the survival of trade industries.