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Nitella [24]
3 years ago
5

In a simple graphical model of the supply and demand for pizza with the price of pizza measured vertically and the quantity of p

izza measured horizontally:
1. the demand curve slopes upward and to the right.
2. the supply curve slopes upward and to the right.
3. at the equilibrium price, the supply of pizza exceeds the demand for pizza.
4. the supply curve slopes downward and to the right.
Business
1 answer:
puteri [66]3 years ago
8 0

Answer:

Option (2) is correct.

Explanation:

A supply curve is a graphical representation of quantity supplied of a commodity at every price level. The law of supply states that there is a direct relationship between the price of the product and the quantity supplied of the product.

This is one of the main reason of upward sloping supply curve. This means that as the price of a product increases then as a result the quantity supplied for that good also increases.

Demand curve is a downward sloping curve which shows that there is an inverse relationship between the price of the good and the quantity demanded for that good.

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Crane Company on January 1, 2018, granted stock options for 63000 shares of its $10 par value common stock to its key employees.
attashe74 [19]

The amount of compensation expense Crane should record for 2017 under the fair value method is $207000

<u>Solution:</u>

From the given,

Stock options for 63000 shares

$10 par value common stock

$25 per share and the option price was $20

Total compensation expense = $627000

On calculating we get,

\Rightarrow\frac{627000}{3}= \$207,000

We can conclude that there is $207,000 decrease. Therefore, the correct answer is option c.

3 0
3 years ago
A rock star intentionally sets her ticket prices below what would be necessary to sell out her shows. how might this be justifie
drek231 [11]
<span>the answer to this question is: The revenue sacrificed represents a very small share of the show's revenue
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6 0
3 years ago
A _____ chart shows individual figures at a specific time, or shows variations between components but not in relation to the who
Yanka [14]

Answer:

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Explanation:

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rectangular bars, where the height of the rectangular bars will equal to the data values they are representing. This bars could be horizontally or vertically plotted. It should be noted that bar chart shows individual figures at a specific time, or shows variations between components but not in relation to the whole.

4 0
3 years ago
Suppose an investment project is projected to provide $198,000 in revenues if the project is undertaken. the investment will cos
Dominik [7]
<span>Yes. By investing $180,000 and having a revenues of $198,000, the company would earn $18,000 (before tax) from this project investment. Assuming that the $180,000 investment already factored in time/labor and the projected $190,000 revenues is very likely to occur.</span>
7 0
4 years ago
You have been hired as the new controller for the Ralston Company. Shortly after joining the company in 2018, you discover the f
miv72 [106K]

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

6 0
3 years ago
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