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3 years ago

A change in the price of a good has two effects on the quantity consumed. What are these effects?

Business

1 answer:

ipn [44]3 years ago

8 0

Answer:

The answer is B

Explanation: This because when we consume something it goes while if we do not the price goes down.

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g Depreciation refers to which one of the following? The amount of money that is lost over a period when services are underutili

Ganezh [65]

Answer:

The answer is D

Explanation:

Depreciation is best described as An estimate of how much of a tangible asset has been used during an accounting period: considered an expense that does not require any cash outflow under the accrual basis accounting.

Depreciation reduces the value of an asset and it reduces it over the life span of an asset. Depreciation is a non cash reduction. Depreciation tells us how much the value of an asset has reduced.

The formula is (cost of the asset - any residual value) ÷ the number of useful life span

6 0

3 years ago

The ____ decision involves comparing the pros and cons of in-house production versus outsourcing of a given product or service.

solong [7]

Make-Or-Buy Decision<span>
</span>

4 0

3 years ago

On October 1, 2018, Renfro Company purchased to hold to maturity, 4,000, $1,000, 9% bonds for $3,960,000 which includes $60,000

Nataliya [291]

Answer:

Carrying Value=$3,903,000

Explanation:

First we will calculate the face value:

Face value=4000*$1000

Face value=$4,000,000

Purchase Price= Bond Purchased price- Accrued Interest

Purchase Price=$3,960,000-$60,000

Purchase Price=$3,900,000

Total months=100 months

Straight line Discount amortization= (Face Value-Purchase Price)/Total Months

Straight line Discount amortization=($4,000,000-$3,900,000)/100

Straight line Discount amortization=$1,000

Discount Amortization=Straight line Discount amortization*Discount months

Discount Amortization=$1,000*3

Discount Amortization=$3,000.

Carrying Value=Purchase Price+Discount Amortization

Carrying Value=$3,900,000+$3,000

Carrying Value=$3,903,000

7 0

4 years ago

A sales forecast based on an estimate of total market potential for a specific market and projecting the market share a business

Anna35 [415]

Answer:

The correct answer is: Build-up approach .

Explanation:

The Build-up approach estimates the sales potential of the company by calculating how much of a product could be purchased in a given period by a potential buyer in a specific geographic region. The calculation is then multiplied by the number of potential customers, adding the sum of all the considered geographic areas.

3 0

3 years ago

Factors that cause the rivalry among competing sellers to be weak include: Group of answer choices slow growth in buyer demand a

Airida [17]

Answer:

slow growth in buyer demand, weakly differentiated products among rival sellers.

Explanation:

There a number of causes that relate to the firms rivalry among its competitors.

1. Barriers to entry.

2. Bargaining power of the buyers.

3. Bargaining power of the suppliers.

4. Threat of substitutes.

5. Slow industry growth.

6. Lack of differentiation and switching costs.

7. Diverse competitors.

8. High strategic stakes.

7 0

3 years ago

A change in the price of a good has two effects on the quantity consumed. What are these​ effects?

A change in the price of a good has two effects on the quantity consumed. What are these effects?