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Aliun [14]
2 years ago
5

An individual's demand curve for a good can be derived by measuring the quantities selected as

Business
1 answer:
Montano1993 [528]2 years ago
6 0

Answer:

The price of the good changes.

Explanation:

An individual's demand curve for a good can be derived by measuring the quantities selected as the price of the good changes.

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A company has net sales of $847,000 and cost of goods sold of $561,500. its net income is $101,200. the company's gross margin a
lapo4ka [179]
To solve for the gross margin:
Gross margin = net sales - cost of goods sold 
Gross margin = $847,000 - $561,500
Gross margin = $285,500

To solve for the operating expenses:
Operating expenses = gross margin - net income
Operating expenses = $285,000 - $101,200
Operating expenses = $183,800
8 0
3 years ago
Thompson company updates its inventory records perpetually. the company's records showed a beginning inventory of $600, cost of
Vinil7 [7]
The total inventory can be calculated by adding the initial or beginning inventory which is equal to $600 and the cost of goods sold, $1,400. That is,
     
    T = $600 + $1,400 
    T = $2,000

Then, we subtract the ending inventory of $800 from the calculated value.

    S = $2,000 - $800
    S = $1,200

Hence, the answer to this item is the first choice. 
7 0
2 years ago
Demands differ from wants because:______.
elena55 [62]

Answer:

The correct answer is:

demands reflect a decision about which wants to satisfy and a plan to buy the good, while wants are unlimited and involve no specific plan to acquire the good. (d)

Explanation:

Let me first try to define what demand and want are:

want: want is a desire for a product or service. It is said that wants are unlimited, however, the resources to actualize such wants are in a limited supply.

Demand: Demand is the quantity of good or service that a person is willing and able to pay for because of the availability of resources to do so, at a given price and time.

For a clearer understanding, demand can be seen as a subset of want that a consumer takes a further step to acquire, not just desire. There is a specific plan to acquire such wants.

5 0
2 years ago
John buys a toy plane from a toy store. The money he pays the store _______ the economy through ________ and the taxes paid by t
ololo11 [35]

 John buys a toy plane from a toy store. The money he pays the store <u>is injected back into</u> the economy through <u>the employee's wage </u>and the taxes paid by the store.

8 0
3 years ago
Read 2 more answers
An insurance company must make payments to a customer of $8 million in one year and $4 million in four years. The yield curve is
kiruha [24]

Answer:

  1.8356 years

Explanation:

The computation of the purchase of maturity bond is shown below:

Years (A)       Payment       PVF at 9%      PV                 Weight (B)   Duration (A × B)

1                  $8,000,000         0.9174   $7,339,449.54    0.7215    0.7215

4                 $4,000,000         0.7084  $2,833,700.84     0.2785    1.1142

                                                              $101,731,503.39   1             1.8356

3 0
3 years ago
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