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Andru [333]
2 years ago
7

The supply curve for a given product indicates that price must be lowered in order to increase the quantity supplied.

Business
1 answer:
Fed [463]2 years ago
6 0

Answer:

b) False

Explanation:

The supply curve is upward sloping which shows the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

I hope my answer helps you

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The descriptions below give the responses of four individuals to a Bureau of Labor Statistics (BLS) survey of employment. Use th
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<u>Explanation:</u>

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B. It is example of potential frictional unemployment as George takes time to move on from current job to a part time job. Frictional unemployment is the time taken to move from one job to another.

C. This is an example of structural and technological unemployment as there is a mismatch between the labor market required skills and the skills of the candidate. Christine has bank teller skills but it is not matched with skills expected by banks.

D. It is called as frictional unemployment where Ricardo is out of job due to lay off by the company. The period between a jobless situation and job is frictional unemployment.

5 0
2 years ago
On january? 1, 2017, dodge company purchases? $90,000, 7% bonds at a price of 86.4 and a maturity date of january? 1, 2027. dodg
andreev551 [17]

We should note that the bond investment account is recorded at cost by the Bondholder or Investor.

The cost or price is calculated as:

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Cost = $90,000 * 0.864 = $77,760

Therefore, the entry to record should be:

<span>debit Held-to-Maturity Investment in Bonds for $77,760 and credit Cash for $77,760</span>

4 0
3 years ago
Josh is journalizing an adjustment for a bank service fee. What type of
Monica [59]

Answer:

Expense

Explanation:

8 0
2 years ago
With 34,000 restaurants worldwide and a daily customer count of 69 million people, mcdonald's manages its product mix to generat
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4 0
3 years ago
Chicago​ Steel's operating activities for the year are listed below.Beginning inventory​ $1,000,000Ending inventory​ $350,200Pur
OlgaM077 [116]

Answer:

Gross Profit         100700

Explanation:

Beggining Inventory  1000000

Purchases                  750400

Inventory comsuption             x

Ending Inventory          350200

 

Ending I=begginin Inv+Purchases-comsuption  

Comsuption= 1400200  

 

Sales revenue 1500900  

Cost               1400200  

Gross Profit         100700  

3 0
3 years ago
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