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3 years ago

Which of the following would cause the supply curve to shift to the right?

Business

1 answer:

AnnZ [28]3 years ago

5 0

Answer:

Technology improves production.

Explanation:

Supply refers to the quantity of goods and services produced and offered to the market for sale.

There are several factors that could cause the supply curve to shift to the right, one of which is technology improves production. An improvement in technology will phase out manual or slow process of production hence shifts supply curve to the right.

When government increases tax on a business, if will affect the income that should have accrued to the business hence supply curve inward. An increase in input prices will affect production cost thereby shifting supply to the left. Also when there is a decline in the numbers of consumers, it will shift supply curve inward because it is these consumers that will purchase whatever that is produced and supplied to the market.

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1-a. Assume that Andretti Company has sufficient capacity to produce 120,150 Daks each year without any increase in fixed manufa

likoan [24]

Answer:

The answer is given below;

Explanation:

The opportunity gain of investing in fixed selling expenses could be quantified by comparing with interest rates prevailing in the market.

if the net margin earned on producing extra quantity is greater than the return earned on placing funds in bank account,then it is financially viable to invest in fixed selling expenses and vice versa.

7 0

3 years ago

Magic Realm, Inc., has developed a new fantasy board game. The company sold 35,600 games last year at a selling price of $62 per

Natasha_Volkova [10]

Answer:

1a.

Magic Realm, Inc.,

Contribution format income statement

Per Unit Amount

Sales 62 2,207,200

Variable expenses 42 (1,495,200)

Contribution margin 20 712,000

Fixed expenses (623,000)

Net operating profit 89,000

1b.

Degree of operating leverage: 4

2. The expected percentage increase in net operating income for next year: 184%

Explanation:

1a. Please refer to the answer part

1b. Degree of operating leverage = Contribution margin / net operating profit = 712,000/89,000 = 8.

Expected percentage increase in net operating income for next year = Expected percentage increase in sales next year x operating leverage = 23% x 8 = 184%

3 0

3 years ago

Ralph Waters owns forested land. The Department of the Interior has declared that a small fruitfly on his property is an endange

inn [45]

Answer:

c. can challenge the determination in court.

Explanation:

Ralph owns a forested land which he most likely purchased for the purpose of cutting timber. If the Department of the Interior has declared that a small fruitfly on his property is an endangered species and prevented the harvesting of trees, he can challenge this in court.

This is because the land is private property and the determination by the Department of the Interior will make the land useless to Ralph. Also the government only has the ability to enforce such directives on public property.

3 0

3 years ago

William buys land for $40,000 cash. Ten years later, when the land has dropped in value to $30,000, William sells it to his wife

olga_2 [115]

The income tax consequences to William on the sale is that he realizes loss in the amount of $10,000 but does not recognize that loss.

Realized loss = Purchase cost - Sales cost

Realized loss = $40,000 - $30,000

Realized loss = $10,000

Hence, the income tax consequences to William on the sale is that he realizes loss in the amount of $10,000 but does not recognize that loss.

Therefore, the Option A is correct.

Missing options includes <em>"William realizes and recognizes loss in the amount of $10,000. William realizes and recognizes zero gain or loss. William realizes loss in the amount of $10,000 but does not recognize that loss. None of the above."</em>

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