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Anettt [7]
3 years ago
13

which of the following is true of the equilibrium price of a good or service A there is no incentive for the price to change at

that point. B it occurs where the market demand and supply curves intersect. C it will change when consumer preference change.
Business
1 answer:
lys-0071 [83]3 years ago
6 0

Answer:

B it occurs where the market demand and supply curves intersect.

Explanation:

The equilibrium price is the current market price, as determined by the forces of demand and supply. It reflects the price at which buyers and sellers agree for a specified quantity of a product in a given time.

In a graph containing both the demand and supply curve, the equilibrium price is the two curves' intersection. At this price, there will be excess or short supply in the market.

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44) Christopher, a department manager, is attending the monthly budget planning meeting where all the department managers report
andreev551 [17]

When Christopher ask questions and nods his head after their responses. He is exhibiting the active style of listening.

<h3>What is active listening?</h3>

Active listening is a type of listening where the listener give rapt attention to the person <em>speaking</em> including the guestures.

The individual also ask questions to confirm all that his learning.

Therefore, When Christopher ask questions and nods his head after their responses. He is exhibiting the active style of listening

Learn more on active listening here,

brainly.com/question/3185541

5 0
2 years ago
Tony's Deli has cash of $145, accounts receivable of $99, accounts payable of $219, and inventory of $413. What is the value of
grigory [225]

Answer:

the value of the quick ratio is 1.11 times

Explanation:

The computation of the value of the quick ratio is shown below:

Quick Ratio = Total Quick Assets ÷ Total current liabilities

= [Cash + Accounts Receivables] ÷ Accounts Payable

= [$145 + $99] ÷ $219

= $244 ÷ $219

= 1.11 Times

Hence, the value of the quick ratio is 1.11 times

4 0
2 years ago
Goods costing rs 10000 was sold at loss rs 2000<br> make journal entry​
Grace [21]

Answer:gongi

Explanation:gong

7 0
2 years ago
ompare the cost of the following leasing agreement with the finance charge on a loan for the same time period: The value of the
kow [346]

Answer:

One would want to finance this car rather than take this lease if the finance cost were $11,000 or less

Explanation:

<em>a). </em>Finance charge on the loan

<em>Step 1: Determine the depreciation cost</em>

The depreciation cost can be determine using the expression below;

Depreciation cost=Purchase value-salvage value

where;

Purchase value=$15,000

salvage value=$4,000

replacing;

Depreciation cost=15,000-4,000=$11,000

The total finance charge=$11,000

b). Cost of leasing agreement

<em>Step 2: Determine cost of leasing agreement</em>

Cost of leasing agreement=down payment+monthly payment+acquisition fee

where;

down payment=$500

monthly payment=$315

total monthly payment for 3 years=315×12×3=$11,340

acquisition fee=$300

disposition charge=$150

replacing;

cost of leasing agreement=500+11,340+300+150=$12,290

cost of leasing agreement=$12,290

The cost of lease agreement ($12,290) is greater than the total finance charge ($11,000)

One would want to finance this car rather than take this lease if the finance cost were $11,000 or less

8 0
3 years ago
Rita owns a sole proprietorship in which she works as a management consultant. She maintains an office in her home (500 square f
jekas [21]

Answer:

a) $7,400

b)$60,000

Explanation:

First, we need to complete the question

a) What is Rita's home office deduction for the current year?

b) What is Rita's AGI for the year?

Solution

a) Rita's Home Office Deduction for the Current Year

Description                                                        Amount ($)

Gross Income                                                   13,000

Subtract: Her Business Expenses                    (5,600)

The balance                                                        7,400

Subtract: Expenses under 1st Tier                     (6,700)

(Interest 5,100 + taxes 1,600)

Balance                                                                   700

Subtract: Expenses unde 2nd Tier                        (700)

($800 Operating Expernses before limit)

Balance                                                                    0

Subtract: Expenses under 3rd Tier                         (0)

1,600 Depreciation before limit

<u>Net income from Rita's Business                              0</u>

The Deduction allowed Rita is $7,400 a totla of the home office expenses and the home operating expenses

Note that there was no expense subtracted for the Tier 3 expenses this is because Rita's income had reduced to $0 and there was nothing to subtract from

B)  What is Rita's AGI for the year?

The AGI is the Rita's reported AGI of $60,000 + $0 which is the net calculated income from her business. So her AGI remains $60,000.

6 0
3 years ago
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