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never [62]
3 years ago
11

What happens to the equilibrium price when supply goes down? A. The price goes up. B. The price goes down. C. The price stays th

e same. D. The price goes up, and then goes down.
Business
1 answer:
Nady [450]3 years ago
4 0
When supply goes down, the equilibrium price goes up. This is because if there is a smaller supply the good becomes more valuable to people who want the good.
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For banquets, meals are placed on plates using a "plating belt" that moves plates past staff who place food on each plate. If pl
White raven [17]
<h2>Answer : Option A) 1 foot/second</h2><h3>Explanation :</h3>

If we consider that the plates are placed 2 ft apart and there has to be 1800 meals that needs to be delivered in an hour.

so if we multiply 2 ft and 1800 meals that is delivered in 1 hour,we get 2 X 1800 = 3600 meals in an hour.

If we try to accommodate the plates at each ft then there will be 3600 meals delivered in 1 hour.

we know that 1 hour has 3600 seconds in it.

So, here the distance is 1 ft, and speed has to be determined time is 1 hour = 3600 seconds

3600 meals / 3600  seconds = 1 foot per second.

OR 1800 meals set at 2 ft apart in 3600 seconds will give the speed of the belt as 1 foot per second.

(1 ft = speed X 1 hour)

<h2>so, the speed also will be 1 foot per second. </h2>
3 0
3 years ago
Revenues, Expenses, and Cost of Goods Sold are closed to which of the following accounts:_________
iren2701 [21]

Answer: A) Income Summary

Explanation:

The Income Summary account is used to compile temporary accounts before posting them to capital accounts. Revenues, Expenses and Cost of Goods are temporary accounts which will be compiled in the Income summary account.

The Income summary account has a debit and a credit side with income going on the credit side and expenses going on the debit side. If the credit side is higher than the debit side then profits have been made. The reverse is true.

6 0
3 years ago
Continuing the analysis of Ginnie's Gym Refreshment Bar:
Irina18 [472]

The bundle that is going to maximize profit is going to be Late

<h3>How to find the bundle that would maximize profit</h3>

we have the net profit from early to be 7 + 5 = 12

We have the net profit from late to 6 + 10 = 16

We can see that the value for late is greater at 16 compared to that of the early.

Hence we can say that late has the greatest profit.

Next we have to solve for the profit that is made. This is the net profit.

The solution is given as 16 - 12 = 4

<h3>What is profit maximization</h3>

This is the process where by businesses would try to get the best output possible from the given inputs that they would use in the business. It goal is to be able to maximize the returns that they would make.

Read more on profit maximization here:

brainly.com/question/13464288

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8 0
2 years ago
A limited liability company that has two or more members can be taxed as a corporation.
Novosadov [1.4K]

It's true a limited liability company that has two or more members can be taxed as a corporation.

Option A) is true.

If you form a multiple-member LLC and do not file a special form with the IRS, the LLC will be taxed as if it were a partnership. You may elect to be treated as an S Corporation by filing IRS Form 2553, Election by a Small Business Corporation.

A multi-member limited liability company is treated as a pass-through entity for federal income tax purposes. As with a sole proprietorship GmbH, this means that the GmbH does not pay its own taxes. Instead, each member pays taxes on the company's income in proportion to their interest in the LLC.

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3 0
1 year ago
Which sentence in the given text describes an element of the marketing mix that could help
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Answer:

C

though all had the 4p elements only c had a chance to build the business

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