Answer: Option E
Explanation: A perfectly competitive company is known as a price-taker, because the competition of competing firms causes them to embrace the prevailing market price of equilibrium.
If a company raises the price of its product by as much as a penny in a perfectly competitive structure,then it will lose all of its sales to other firms. In such structures the prices are determined by the marker forces of demand and supply.
Hence from the above we can conclude that the correct option is E.
If the multiplier equals 2 and the AD shortfall is $6 million, the desired fiscal stimulus is $3 million.
<h3>What is the shortfall?</h3>
The term shortfall has referred to the deficiency of something in the market. When the availability of goods is not adequate and suppliers fail to provide them. This situation is considered as shortfall.
To calculate the desired fiscal stimulus
desired fiscal stimulus= AD shortfall/ Multiplier
=$6 million/ 2
= $3 million
Therefore, the desired fiscal stimulus is $3 million.
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Answer:
20 ounces of 12% solution and 4 ounces of 6% solution.
Explanation:
Let x be the quantity ( in ounces ) of 12% solution that is mixed with y quantity ( in ounces ) of 6% solution to obtain 24 ounces of 11% solution,
∵ Quantity of resultant solution = 24 ounces
⇒ x + y = 24
⇒ x = 24 - y ------(1)
Also, 12% of x + 6% of y = 11% of 24
0.12x + 0.06y = 0.11 × 24
12x + 6y = 264
From equation (1),
12(24-y) + 6y = 264
288 - 12y + 6y = 264
288 - 6y = 264
-6y = 264 - 288
-6y = -24
⇒ y = 4
Again from equation (1),
x = 24 - 4 = 20
Hence, 20 ounces of 12% solution and 4 ounces of 6% solution should mix to get this solution.
Answer:
The correct answer is Goal setting.
Explanation:
The setting of goals is identified as a procedure that leads the subject to achieve or achieve certain objectives by providing direction to their actions.
When people set out to achieve something in their lives, they are few times that they can say that they did it without problems. Almost always some kind of difficulty or setback arises.
And it is not for less, to a mind that is not adapted to the achievement of goals, it will be very difficult to succeed. As much as I try in a thousand ways.
The important thing then, is to make the Goals Settlement a habit, and each habit begins with a repetitive action.
Answer:
d. $920 increase liabilities, increase expenses
Explanation:
The journal entry is given below:
On March 31
Interest Expense Dr. $920 ($92,000 × 4% × 3 ÷ 12)
To Interest Payable $920
(being interest expense is recorded)
Here interest expense is debited as it increased the expense and credited the liabilities as it also increased the liabilities
Therefore the option d is correct
