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3 years ago

The decision by shoe store owners to fix their prices will result in consumers paying _____ prices. lower higher the same

Business

2 answers:

Anon25 [30]3 years ago

7 0

Answer:

Higher prices

Explanation:

Fixed prices are associated with higher prices for consumers

Alika [10]3 years ago

3 0

Answer:

higher

Explanation:

This will make consumers pay a higher price. In a competitive market like shoes, suppliers compete for market share through price, so that none of them will have control over the market equilibrium price unless there is a collusion. Collusion is an illegal practice of price matching between competitors. This disassembles the competition parameters of the market, causing the selling price to be higher than the competitive equilibrium price. In this way consumers are injured. For this reason, regulatory agencies stipulate rules in competitive markets to prohibit collusion.

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What is the taxable amount of social security income reported on the tax return if a single taxpayer's income included only $9,4

maw [93]

Answer:

Explanation:

If an individual's total income (including Social security benefits + all other types of income) is less than $25,000, or $32,000 for married couples, then he/she will not have to pay any taxes on their Social Security benefits. Only if total income is higher than the current thresholds, should Social Security benefits be taxed. Depending of the individual's total income, between 50-85% of Social Security benefits must be taxed at the individual's tax bracket.

6 0

2 years ago

Boyle Company makes fine jewelry that it sells to department stores throughout the United States. Boyle is trying to decide whic

Ksivusya [100]

Answer:

Explanation:

Fixed Costs of Bracelet A

Advertising Costs 5,000$

Annual depreciation 5,000$

Total Fixed Costs 10,000$

Fixed Costs for Bracelet B

Advertising Costs 3,000

Annual depreciation 4,000

Total Fixed Costs $ 7,000

Variable Costs for Bracelet A

Cost of Materials per unit $ 10

Cost of labor per unit $ 15

Total Variable Costs per unit $25

Variable Costs for Bracelet B

Cost of Materials per unit $20

Cost of labor per unit $15

Total Variable Costs per unit $35

c) Avoidable costs

Avoidable Costs Bracelet A

Cost of Materials per unit $10

Cost of labor per unit $ 15

Avoidable Costs Bracelet B

Cost of Materials per unit $20

Cost of labor per unit $15

7 0

3 years ago

You have decided to buy a used car. The dealer has offered you two options: (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use

Jobisdone [24]

Answer:

$17,167

Explanation:

The first step is to calculate amount of cash that would be charged

For 30 months, pay $520 per month for 30 months and an additional $10,000 at the end of 30 months.

Present value is = 2,221

Then

The present value of the payment options is =

($520 * PVA (24% 12,30) + $10,000 PV ( 24% 12,30))

$520 * 22.396 + $10,000 * 0.5521

$11646 + $ 5521

$17,167

Therefore the amount of cash the car dealer would charge is $17,167

7 0

2 years ago

In the Month of March, Digby received orders of 104 units at a price of $15.00 for their product Dell. Digby uses the accrual me

Ilia_Sergeevich [38]

Answer:

$1,560 and $0

Explanation:

According to the accrual method of accounting, the revenue should be recognized when it is realized or when the sale is made not when the cash is received

Since Digby delivers 104 units in April

So for the March income statement, the amount is

= 104 units × $15

= $1,560

And, for the April income statement, it would be zero as the total units order received in March only

6 0

2 years ago

If the liabilities of a business increased $75,000 during a period of time and the owner's equity in the business decreased $30,

GrogVix [38]

Answer:

D. Increased $45,00

Explanation:

Assume that the total assets of the business was $100,000 and the liabilities was $50,000 and the equity was also $50,000.These figures can be expressed in terms of the accounting equation as follows:

Total assets=Total liabilities+Total equity

100,000=50,000+50,000

Now consider that the above mentioned liabilities are increased by $75,000 as stated in question and above mentioned equity is decreased by $30,000 as stated in question, then the assets as per accounting equation can be determined as follows:

Total liabilities=50,000+75,000=$125,000

Total equity=50,000-30,000=$20,000

Assets=$125,000+$20,000=145,000

Total increase in assets=$145,000-$100,000=$45,000

So the answer is D. Increased $45,000

6 0

3 years ago