All categories

3 years ago

When the price of gasoline increases, the quantity always has to lower?

Business

1 answer:

umka2103 [35]3 years ago

3 0

Its called inflation the more you buy the more the prices go up but i don't think the quantity lowers no

You might be interested in

erry, a partner in the JSK partnership, begins the year on January 1, 2011 with a capital balance of $20,000. The JSK partnershi

Ludmilka [50]

Answer:

Check the explanation

Explanation:

The amount of interest (Which is calculated as a fraction or percentage of a loan (or savings) balance that is being paid to the borrower on a periodic basis for the privilege of making use of their money. The sum is typically quoted as an annual rate, but the interest can be calculated for some periods that are longer or shorter than one year.) that will be attributed to Jerry for the year 2011 which is supposed to point toward his profit distribution for the year can be seen I the attached image below.

3 0

3 years ago

“All cheques are bills but all bills are not cheque” –Explain

aleksklad [387]

All cheques are bills but all bills are not cheque.

This is correct statement because both cheque and bill are piece of paper which displays money which is to be paid to someone.

A bill is a document which is drawn on any person and there is no name on the bill whereas cheque is a document which is drawn on the payee name only.

Both of these are documents which are used to pay the amount to someone.

A cheque can be drawn payable on demand while bill is drawn on expiry of certain period.

Learn more at brainly.com/question/24469524

7 0

3 years ago

The Metal Shop produces 1.7 million metal fasteners a year for industrial use. At this level of production, its total fixed cost

DiKsa [7]

Answer: The offer should be rejected.

Explanation:

Given the following :

Total units produced = 1,700,000 units

Total cost = $791,000

Total fixed cost = $486,000

5% increase in production = (0.05 × 1,700,000) = 85,000

Units required by customer = 50,000 ( it is still within range without incurring additional fixed and variable cost).

Hence, total variable cost :

Total cost - total fixed cost

$(791,000 - 486,000) = $305,000

Variable cost per unit :

Total variable cost / total units produced

$305,000 / 1,700,000

= $0.179

Variable cost = marginal cost (Since variable cost per unit will be unchanged).

Offered price = $0.165

$0.165 < $0.179

Since offered price < marginal cost ; The offer should be rejected.

7 0

4 years ago

The adjusted trial balance of Warbocks Corporation at December 31, 2017 includes the following accounts: Retained Earnings $12,6

irina [24]

Answer:

Warbocks Corporation

Statement of retained earnings for the year ended December 31, 2017

Amount in $

Opening retained earnings 12,600

Net income for the year 7,000

Dividend (5,000)

Closing retained earnings  14,600

Explanation:

The retained earnings statement shows the movement in the retained earnings balance between the start and end of the year.

This includes the net earnings and dividend paid during the year.

Net income = $30,000 - $15,000 - $2,000 - $4,500 - $500 - $1,000

= $7,000

5 0

3 years ago

Which questions can help someone who is starting to think about personal vision and goals? Select all that apply. What activitie

Rom4ik [11]

Answer:

What would your job need to include in order to make you feel satisfied?

Explanation:

6 0

3 years ago

Read 2 more answers