Answer:There will be increase in supply and decrease in demand
Explanation:
One of the Law of demand states that the lower the price the higher the quantity demanded and vice versa, while for supply it states that the higher the price the higher the quantity supplied and vice versa.
Since the value of US dollar is still high then the supply will be high in the market, but with the expectation of future fall, demand will be low because buyers are waiting for drop in value. There will be excess supply and lower demand.
Answer:
The amount of cash paid to suppliers of merchandise during the reporting period is $31
Explanation:
Inventory beginning balance is $90, ending balance is $93
Account payables beginning balance is $14, ending balance is $16
Cost of goods sold is $30
Using T accounts: Beginning Inventory + Purchases - Ending Inventory = Cost of Goods Sold.
Therefore Purchases = Cost of Sales - Beginning Inventory + Ending Inventory
Purchases = 30-90+93 = 33
<h2 />
In the Accounts Payable Account
Opening balance and Credit purchases are on the credit side, while payment to suppliers and closing balance are on the debit side
Therefore: Opening balance + Purchases during the period = Payments during the period + closing balance.
Hence: 14+33= payments during the period + 16
Payments during the period = 14+33 - 16 = $31
I think the correct answer is “Money supply”
Answer:
$28,406.25
Explanation:
Calculation for how much is the amount of interest expense for the first semiannual interest period Using the effective interest method
Interest expense=$757,500 x .075 x ½ year
Interest expense= $28,406.25
Therefore the amount of interest expense for the first semiannual interest period is $28,406.25
Answer:
- marginal revenue equals marginal cost.
- expand; increase profitability
Explanation:
A monopoly would seek to maximize its profit at a point where marginal revenue will equal marginal cost because at this point, resources are being fully and efficiently utilized. If more cost was incurred to produce then marginal cost would exceed marginal revenue and lead to losses.
The same goes for the firm producing at a quantity where marginal revenue is larger than marginal cost. They should expand their production levels so that their marginal cost equals marginal revenue as this will increase profitability.
