The answer is self-concept. This is an individual’s belief about himself or herself. In this case of Austin, his passion for music and his opinion of himself as music influences his purchasing choices of products and brands affects him because he buys things that he thinks he need because it is somewhat related to him and he thinks that buying this products can really enhance his character.
Question Completion with Options:
1. The demand curve shifted to the right, the supply curve shifted to the left, the equilibrium price and quantity increased from 2017
2. Supply and demand curves have shifted to the left and the equilibrium quantity has decreased from 2017 but it is impossible to determine the effect on the equilibrium price.
3. The demand curve shifted to the left, the supply curve shifted to the right, the equilibrium price and quantity increased from 2017 Od.
4. Supply and demand curves have shifted to the left and the equilibrium price and quantity for Panthers' jersey market has decreased since 2017.
Answer:
This is how the new equilibrium price and quantity are like compared with the prior year’s Panthers’ jersey market before the scandal and increased manufacturing costs:
2. Supply and demand curves have shifted to the left and the equilibrium quantity has decreased from 2017 but it is impossible to determine the effect on the equilibrium price.
Explanation:
The scenario presents a decrease in supply of the jersey caused by the increase in the cost of production by 20%. This is why supply shifted to the left. Based on this factor, price is supposed to increase but this does not reflect on the data because the scandal also dampened demand. No wonder demand also shifted to the left, resulting in further decrease. These two leftward shifts caused the equilibrium quantity to decrease. However, we cannot establish whether the price decreased as well because it is supposed to increase due to the increased production cost in China.
Answer:
E. increase by $5,000.
Explanation:
For computing the operating income, first, we have to compute the incremental revenue and then deduct the incremental cost, so that the operating income could find out
The incremental revenue would be
= Number of pounds sold × (Selling price per pound - Split-off sale price per pound)
= 5,000 pounds × ($25 - $20)
= 5,000 pounds × $5
= $25,000
And, the additional cost for processed further is $20,000
Now put these price to the above formula
So, the operating income would equal to
= $25,000 - $20,000
= $5,000 increase
Answer:
Correct Answer is "A"
(A) One tool of corporate governance is choosing a good investment banker.
Answer:
Loan taken: 58,320
Explanation:
We add up the beginning cash with the receipts and subtract the expenses.
Then, we compare agaisnt the mnimum required balance
Beginning Cash 34,000
Cash Receipts
Sales 22,160
Total cash form operations: 56,160
Cash disbursements
S&A expense (w/o depreciations) 48,000
Ending Cash from operations 8,160
Minimum Balance: <u> 66,480 </u>
Loan taken: 58,320
