All categories

3 years ago

Personal Finance: What change is taking place on this graph?

Business

2 answers:

sergey [27]3 years ago

6 0

In the given graph , we can see the shift in demand curve from left to right(D1 to D2), which indicates an increase in Demand.

Reason :

Shift in demand curve is due to factors other than the price of the product.

Leftward shift in demand curve indicates Decrease in Demand.

Rightward shift in demand curve indicates Increase in demand.

ioda3 years ago

4 0

The answer is not C it is actually D. from P1 to P2 the demand curve is shifting outwards, therefore creating an increase in demand

You might be interested in

brussels enterprises issues bonds at par dated january 1, 2021, that have a $2,700,000 par value, mature in four years, and pay

Nadusha1986 [10]

The journal entry for the issuance of bonds for cash on January 1 is: Debit Cash $2,700,000, Credit Bonds payable $2,700,000.

<h3>Journal entry</h3>

1. January 1

Debit Cash $2,700,000

Credit Bonds payable $2,700,000

(To record issuance of bonds for cash)

2. June 30

Debit bond Interest expense $81,000

Credit Cash $81,000

($2,700,000×6%/2)

(To record first semiannual interest payment)

December 31

Debit bond Interest expense $81,000

Credit Cash $81,000

($2,700,000×6%/2)

(To record second semiannual interest payment)

3. December 31, 2021

Debit Bonds payable $2,700,000

Credit Cash $2,700,000

(To record payment of bonds payable)

Therefore the journal entry for the issuance of bonds for cash on January 1 is: Debit Cash $2,700,000, Credit Bonds payable $2,700,000.

Learn more about journal entries here:brainly.com/question/14279491

#SPJ1

6 0

1 year ago

An investment adviser representative who makes extensive use of third-party research to formulate portfolio recommendations to c

tiny-mole [99]

Answer: A) need not disclose that fact to the clients

Explanation: An investment adviser representative need not disclose the fact that he/she uses third-party research to formulate portfolio to the clients and the reason is this: It is not necessary to disclose what sources an investment adviser representative uses as the basis for portfolio recommendations, and thus is never in violation of his fiduciary responsibility. However, if the third-party research used is to be distributed to his clients, then, proper attribution is required.

5 0

3 years ago

Between 2003 and 2005, there was huge growth in the market for premium blue jeans priced at $200 or more per pair. Popular magaz

zimovet [89]

Answer:

Following are the solution to the given question:

Explanation:

Huge demand increase inside the Blue Jeans market led to rising costs between 2003 and 2005. The contour of desire went right.

With pricing just above the previous level, the producers are motivated to create more and therefore to increase the demand side and shift its supply curve to the right.

Greater amounts supplied produced a surplus in blue jeans that could only be sold if the prices decreased to attract buyers (the supply side), creating a new balance at a clean cost.

6 0

2 years ago

A company had the following purchases during its first year of operations: Purchases January: 18 units at $128 February: 28 unit

Archy [21]

Answer:

$8,584

Explanation:

Cost of ending inventory can be calculated by multiplying the remaining units of the given month by their purchase cost in the following month

DATA

Total remaining units n ending inventory = 58 units

10 from January at $128

12 from February at $138

14 from May at $148

12 from September at $158

10 from November at $168

Calculation

January = 10 x $128 = $1,280

February = 12 x $138 = $1,656

May = 14 x $148 = $2,072

September = 12 x $158 = $1,896

November = 10 x $168 = $1,680

Cost of ending inventory = $8,584

7 0

3 years ago

Cori's Corp. has an equity value of $13,505. Long-term debt is $8,800. Net working capital, other than cash, is $3,620. Fixed as

ruslelena [56]

Answer:

Cash $705

Current Assets $6,195

Explanation:

Equity $13,505

Long-term debt $8,800

Net working capital, other than cash, $3,620.

Fixed assets are $17,980

Current liabilities are $1,870.

Net Working capital is the Net value of Current and Current Liabilities.

We need to calculate current assets with cash first.

As we know

Assets = Equity + Liability

Fixed Assets + Current Assets = Equity + Long Term Liability + Current Liability

$17,980 + Current Assets = $13,505 + $8,800 + $1,870

Current Assets = $24,175 - $17,980 = $6,195

Net Working Capital = Current Assets - Current Liabilities

$3,620 = Current Assets - $1,870

Current Assetsother than cash = $3,620 + $1,870

Current Assets other than cash = $5,490

Cash Value = Total Current Assets - Current Assets other than cash = $6,195 - $5,490 = $705

5 0

3 years ago