The way that the market supply curve is derived from the supply curves of individual producers is by horizontally adding the individual supply curves.
<h3>How is the market supply curve estimated?</h3>
The market supply curve is estimated by adding up all the individual supply curves in the market. This therefore shows the total amount os supply for a good or service in the market.
The way that this addition is done is by horizontally adding the supply curves. What this means is that the quantities that are being offered by each individual suppliers at the various prices in the market, are added up to come up with the market supply curve.
Options for this question are:
- a. finding the average price at which sellers are willing and able to sell a particular quantity of the good.
- b. vertically summing individual supply curves.
- c. finding the average quantity supplied by sellers at each possible price.
- d. horizontally summing individual supply curves.
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Answer:
b.100 in 2002
Explanation:
This question can be solved without any calculations. When calculating consumer price index, the CPI for the year chosen as base is always 100. In this case, 2002 was chosen as the base year and, therefore, the CPI was 100 in 2002. Since that is one of the alternatives, no further steps are required and the answer is alternative b.
Answer:
c. ribbon
Explanation:
Ribbons are command bars or toolbars which organize features of a program into series of tabs at the top of a window. Ribbons appear across the top of each page and display many of the most commonly-used tools, controls, and commands. Ribbons increase discoverability of features and functions of the programs.
Answer:
No impairment loss would be reported
Explanation:
The computation is shown below;
Impairment loss = carrying value - recoverable amount
Where,
The recoverable amount would be the higher amount of fair market value and value in use
So the recoverable amount would be $2,545,000
Now the impairment loss is
= $2,500,000 - $2,545,000
= -$45,000
Since the impairment loss comes in negative so no impairment would be recorded
Answer: c. capital loss.
Explanation:
A capital loss refers to a scenario where the price of a security falls below the price at which it was purchased. This is what happened to the Alpha Industries stock above as the price dropped from $39 to $37 which led to a capital loss of $2.
The dividends paid seem to outweigh the capital loss but we cannot be certain of this unless we know the tax rate being applied to the dividends and because these are usually high, the after tax dividends might have been lower the capital loss of $2.
