In order to derive Lily's demand curve for bananas, we need to solve the buyer's problem for her multiple times and find the optimal number of bananas, when price of a bananas is at a different level each time.
Explanation:
The demand curve is an intractable economic diagram that indicates the connection between an overall market demand for commodity quantity and market price.
The market demand graph is the convergence of all private market demand curves. This indicates the quantity expected by all people at different prices. For eg, the quantity expected by all advertisers at 10 dollars per day is 150 lattes.
Answer:
c. $42,000 increase
Explanation:
The computation of the change in cash realizable value is shown below:
= Adjusted cash balance - Cash realizable value
where,
Adjusted cash balance = Ending balance of accounts receivable + sales on account - collections - written off amount - bad debt expense
= $525,000 + $145,000 - $86,000 - $8,000 - $54,000
= $522,000
And, the cash realizable value is $480,000
Now put these values to the above formula
So, the value would be equal to
= $522,000 - $480,000
= $42,000 increase
Answer:
D. obtaining a commitment from the customer.
Explanation:
Closing a sale is the equivalent of making a sale.
To consider a sale done, you need to have a commitment from the customer to buy the product/service you're offering. That usually mean receiving money or at least firming a binding contract.
None of the other options is describing a complete sale. A and C are potential leads/sales... while B if of course the opposite of closing a sale.
Answer:
C. are unchanged; is unchanged
Explanation:
When the US purchases oil from Saudi Arabia its imports increases and hence Net export falls. However, when Saudi Arabia purchases transportation service US export rises by the equivalent amount. Hence the Net exports are unchanged.
Since there are no capital flow, it is also unchanged.
Answer:
investing
Explanation:
it is good to invest your money in things that you know will be of greater value in the future. For example, "Apple statistics" states that If you had bought $1,000 worth of Apple shares on January 9, 2007, the day Steve Jobs unveiled the original iPhone at MacWorld 2007, your investment would now be worth $26,103.
