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3 years ago

The law of supply relates to opportunity cost because:__________

Business

2 answers:

uranmaximum [27]3 years ago

4 0

Answer:

both options are the same.

A) The opportunity cost to suppliers is the value of the next-best alternative they had when they supplied that good.

G) The opportunity cost to suppliers is the value of the next-best alternative they had when they supplied that good.

Explanation:

The law of supply states that the opportunity cost of a supplier not supplying the product will increase as the price of the product increases, therefore the supplier will be more likely to supply the product. As the price of the product decreases, the opportunity cost of not supplying the product also decreases, therefore, the supplier will be less likely to supply the product.

erastovalidia [21]3 years ago

4 0

Answer:C when a consumer chooses to purchase a product, then the consumer gives up opportunity cost

Explanation: opportunity cost ,is the cost of the alternative given up to purchase a particular good by a consumer while supply is the amount of good or services that a supplier is ready to sell at a particular price and time.

So the opportunity cost of an alternative or substitute determine the amount of goods that will be in demand ,i.e the higher the opportunity cost of an alternative,the more goods that will be required for purchase and the higher the the goods required to be sold by the supplier.

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Venezuela Co. is building a new hockey arena at a cost of $2,500,000. It received a downpayment of $500,000 from local businesse

FromTheMoon [43]

Answer:

cash 2,011,446 debit

unamortized bond cost 50,000 debit

bonds payable 2,000,000 credit

premium on BP 61,446 credit

--to record issuance--

# Beg. Carrying //cash // expense //Amortization// End.Carrying Value

1 2,061,446 210,000 206144.57 3855.43 2,057,590

2 2,057,590 210,000 205759.02 -4240.98 2,053,349

3 2,053,349 210,000 205334.93 -4665.07 2,048,684

4 2,048,684 210,000 204868.42 -5131.58 2,043,553

5 2,043,553 210,000 204355.26 -5644.74 2,037,908

Bonds payable 1,000,000 debit

premium on BP 24,342 debit

issuance cost expense 25,000 debit

interest expense 51,217.1 debit

loss at redemption 41.959,9‬ debit

cash 1,117,500 credit

unarmortized bond issuance cost 25,000 credit

Explanation:

First, we solve the value collected which is the present value of the coupon payment and maturity

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 210,000.000

time 10

rate 0.1

$210000 \times \frac{1-(1+0.1)^{-10} }{0.1} = PV\\$

PV $1,290,359.0922

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 2,000,000.00

time 10.00

rate 0.1

$\frac{2000000}{(1 + 0.1)^{10} } = PV$

PV 771,086.58

PV c $ 1,290,359.0922

PV m $ 771,086.5789

Total $ 2,061,445.6711

Now, we solve for the premium

2,061,446 - 2,000,000 = 61,446 premium

the interst expense will be calcualte as carrying value times market rate

the cash will be the same for every period thus 210,000

Finally, the difference will be the amortizationon the premium

If redem on July 1st 2016 we need to record the interst:

2,048,684 x .05 = 102.434,2/2 = 51.217,1

cash interest: 1,000,000 x 10.5% / 2 = 52,500

<em>Total cash</em>

52,500 interest

<u>1,065,000 bonds </u>

1,117,500

portion of unamortized cost 25,000

face value 1,000,000

portion of premium: 48,684/2 = 24.342‬

the loss f redemption will be the difference between the interest expense, amoritzation on premiun and write-off of the face value with the amount of cash outlay.

8 0

3 years ago

The short-run aggregate supply curve is positively sloped because:

Varvara68 [4.7K]

Answer:

(D) higher prices lead to higher profit and higher output.

Explanation:

When the price increase, the profitability of the firm increase, therefore firm produces more at high price. Hence at high price output increase. This is the reason why SRAS curve is positively sloped.

4 0

3 years ago

FIFO and LIFO Costs Under Perpetual Inventory System The following units of an item were available for sale during the year: Beg

FrozenT [24]

Answer:

FIFO ending inventory cost: $1,220

LIFO ending inventory cost: $1,164

Explanation:

Beginning inventory 41 units at $42

Sale 31 units at $63

First purchase 17 units at $45

Sale 13 units at $63

Second purchase 25 units at $47

Sale 13 units at $63

End of the year: 26 units

FIFO ending inventory cost: 25 units x $47 + 1 unit x $45 = $1,220

LIFO ending inventory cost: 12 units x $47 + 4 units x $45 + 10 units x $42 = $1,164

3 0

3 years ago

This year Lloyd, a single taxpayer, estimates that his tax liability will be $10,900. Last year, his total tax liability was $15

Aneli [31]

Answer:

How much does Lloyd need to increase his withholding by (for the year), in order to avoid the underpayment penalty?

Explanation:

If he increase withholding by $1,440 for the year.

A citizen can maintain a strategic distance from an underpayment of punishment if their retention and evaluated assessment installment measure up to or surpass one of the two safe harbors.

90% of current expense risk = 90% * $10,900

= $9,810.

100% of past assessment risk = $15,600.

Since, Lloyd's retention does not equivalent or surpass $9,810 or $15,600.

He should expand retaining or make payment this year to stay away from the underpayment punishment

= $9,810 - $8,370

= $1,440

8 0

3 years ago

72 points Everything is sales, whether we are convincing our parents to take us to a movie, asking a teacher for a second chance

tino4ka555 [31]

i chose honey over vinegar you’ll do better with honey than with vinegar -- but the honey must be genuine. Never underestimate the natural ability of other people to sense who you really are. Disingenuous, manipulative and secretive are feelings that simply cannot be hidden.

When negotiating, you too can sense if the other party's values are subpar or lack integrity altogether. No greater red flag exists in the entire arena of negotiation.

5 0

3 years ago