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pychu [463]
3 years ago
13

Which of the following will not cause demand for apples to increase or decrease? a reduction in the price of apples. a reduction

in the price of a complement for apples. an increase in income. a decrease in the number of consumers in the market.
Business
1 answer:
zubka84 [21]3 years ago
6 0

Answer: Option (A) is correct.

Explanation:

Any change in the demand for a good occured due to the change in the other factors expect price of that good then this change is known as either increase in demand or decrease in demand.

And if any change in demand for a good occured due to the change in the price of that good, other factors remains constant, then this change is known as either increase in quantity demanded or decrease in quantity demanded.

Therefore, reduction in the price of apples will not cause the demand for apples to increase or decrease.

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In a spreadsheet, what is the rectangular space where a row meets a column? A. A formula B. A function C. A calculation D. A cel
Flauer [41]
A function which is be
8 0
3 years ago
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A car dealership spends $140,000 on cars to stock their lot. After a day of sales, they earn a total revenue of $300,000. What i
r-ruslan [8.4K]

Answer:

$160,000

Explanation:

Calculation of the car dealership's profit

Using this formula

Profit= Total revenue- Amount Spend

Where,

Total revenue=$300,000

Amount Spend=$140,000

Let plug in the formula

Profit =300,000-140,000

Profit =160,000

Therefore the car dealership's profit will be $160,000

5 0
3 years ago
What is the present value (PV) of $50,000 received eighteen years from now, assuming the interest rate is 4% per year
LuckyWell [14K]

Answer:

$24,681.41

Explanation:

In this question, we use the present value formula which is shown in the spreadsheet.  

The NPER reflected the time period.

Provided  that,  

Future value = $50,000

Rate of interest = 4%

NPER = 18 years

The formula is presented below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the answer would be $24,681.41

8 0
3 years ago
On September 1, 2015, Select Company borrowed $600,000 from a bank and signed a 12%, six-month note payable, with interest on th
notsponge [240]

Answer:

B. $624,000

Explanation:

Calculation to determine The total amount of the current liability (including interest payable) for this loan that appears in Select Company's balance sheet at December 31, 2015

Current liability=$600,000 + ($600,000 *12% *4/12)

Current liability=$600,000 + $24,000

Current liability = $624,000

(September 1 2015 to December 31 2015=4 months)

Therefore The total amount of the current liability (including interest payable) for this loan that appears in Select Company's balance sheet at December 31, 2015 is $624,000

7 0
3 years ago
The entry to record the amortization of a patent would include a debit to __________ and a credit to __________. Amortization Ex
Advocard [28]

Answer: Amortization Expense; Patents

Explanation:

The entry to record the amortization of a patent would include a debit to the amortization expense and a credit to the patents.

The journal entry will be:

Debit Amortization expenses XX

Credit Patents XX

Therefore, the correct option is A.

6 0
3 years ago
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