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Natali5045456 [20]
3 years ago
8

True or False. Supply is the quantity of a good or

Business
2 answers:
Oliga [24]3 years ago
7 0

Answer:

i not 100% but i think that it is true

Explanation:

rjkz [21]3 years ago
5 0

Answer:True

Explanation:

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Buster Industries pays weekly salaries of $41,100 on Friday for a five-day week ending on that day. The adjusting entry necessar
nexus9112 [7]

Answer:

C) debit Salary Expense, $16,440; credit Salaries Payable, $16,440

Explanation:

The adjusting entry is as follows

Salaries expense Dr $16,440

        To Salaries payable $16,440

(Being the salary expense is recorded)

The computation is shown below:

= $41,100 × 2 days ÷ 5 days

= $16,440

While recording this we debited the salaries expense and credited the salary payable as it increased the expenses and liabilities account

     

3 0
4 years ago
Why is it important to conduct market research on your target audience before building your marketing plan?
Margaret [11]
If you target who you are after and you will know how to reach them easier. You'll also be more focused plus more effective in your marketing strategies and be able to get a greater return on marketing investments.
3 0
3 years ago
The market supply curve Question 16 options: is found by vertically adding the individual supply curves. represents the sum of t
Juli2301 [7.4K]

The market supply curve represents the sum of the quantities supplied by all the sellers at each price of the good.

<h3>What is the market supply curve?</h3>

The market supply curve is the sum of the individual supply curves of firms. The individual supply curves are added horizontally. The supply curve sloped upward. This shows that there is a positive relationship between price and quantity supplied.

To learn more about supply curves, please check: brainly.com/question/26073189

#SPJ1

8 0
2 years ago
Porter Co. owned all of the voting common stock of Simi Corp. The corporations' balance sheets dated December 31, 2018, include
Katena32 [7]

Answer: $672,000

Explanation:

Porter sold land to Simi which means that their land balance reduces. Simi's however increases by the same amount. As Porter owned all the voting stock, the sale will be accounted for at the book value.

The Consolidated balance for land in 2020 will therefore be calculated as,

= (Porter land value - Sales price) + (Simi land value + Sales price)

= (416,000 - 65,000) + (256,000 + 65,000)

= 351,000 + 321,000

= $672,000

The book value of the Consolidated land will be $672,000 in 2020.

3 0
4 years ago
The ninth worker adds 25 units to total production. The tenth worker adds 22 units to total production. The company has:________
Anit [1.1K]

Answer:

Diminishing returns

Explanation:

A firm producing widgets (term for a generic good) has two factors of production. The factory and labour. The capacity of the factory is fixed, and the marginal cost (MC) of labour is the same (i.e. each new worker will cost the same).

There are two stages to how MC is affected.

1. Increasing returns (MC goes down)  

As output begins to increase, the large manufacturing  processes/equipment  still not fully utilised means and the additional labour  can be productive as they can always use the equipment to its full potential due to which the MC is relatively low.

2. Constant returns (MC goes sideward)

At this point, labour is producing its optimal output per unit. The marginal cost  is therefore at its lowest.

3. Diminishing returns (MC goes up)

The more labour that is employed, the less marginal output it is able to produce.  This could be a result of too many people to efficiently operate/ rotate use of  machinery. The cost increases more and more to generate an extra unit of  output, because of labour exhibiting diminishing returns in the short run.

In this question, the 10th worker has added 22 units which is 3 units less than the number of units added by the 9th worker, thus the company is producing less marginal output for each worker. so based on the above discussion it can be concluded that the company has Diminishing returns.

7 0
4 years ago
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