Answer:
The Demand curve will shift rightwards and the equilibrium point will move along the supply curve increasing the price of the good as well as demand in the short-term in the long term (after summer) the demand will return to their original point or close to it.
Explanation:
The demand increase for seasonal effect this will push the energy cost up and quantity demanded depend upon how inelastic is the demand to changes in prices, but most probably will increase at first and then contracct as the price rises
Answer:
D. Profits recorded by Longflite Airlines include profits earned by a subsidiary that manufactures airplane parts, and because of a nationwide drop in airplane travel, all airline companies have chosen to repair their older planes rather than spend dwindling revenues on new planes.
Explanation:
In the given instance it is stated that Wingspan Airlines, which is entirely employee-owned, has recorded losses for the previous three quarters, whereas Longflite Airlines, which is owned by billionaire Martin Pearson, has recorded record profits for the previous three quarters.
This is in conflict with the fact that employee-owned are commonly thought to be more profitable than are publicly-owned companies or companies with a single owner.
The option that justifies this in the given instance is if every company is suffering and making losses but Longflite Airlines (which is owned by billionaire Martin Pearson) is making profit from a subsidiary that manufactures plane parts.
This will give Long life Airlines a clear advantage over other companies including the employee owned Wingspan Airlines.
Answer:
$11,200
Explanation:
The computation of the depreciation expense using the units of activity method is shown below:
Before that first we have to find out the depreciation rate which is
= (Original cost - residual value) ÷ (estimated machine hours)
= ($140,000- $28,000) ÷ (40,000 hours)
= ($112,000) ÷ (40,000 hours)
= $2.8
Now for the depreciation expense is
= Machine hours × depreciation per machine hours
= 4,000 × $2.8
= $11,200
Answer:
It refers to the the actions for which a business be held accountable.
Explanation:
Answer:
A) public saving is greater than $0 and increasing.
Explanation:
If the government has a budget surplus it means that its tax revenue is larger than its spending.
Some people use the term public saving to refer to a budget surplus, but the word saving is generally used by private individuals or corporations, not government entities. Governments don't save money, they don't need to do it since they can print it and make more money.
Anyway, if the budget surplus exists and it is increasing, it means that the government is currently having larger tax revenue than spending and that difference is increasing.
