Payments from customers received before performing services for the customers are recorded as

If these are the only four sellers in the market, then when the price decreases from $4 to $2, the market quantity supplied

inn [45]

Answer:

Decreases by 50 percent

Explanation:

The law of supply asserts that other things remaining constant, the quantity of goods and services supplied increases as price rises. Therefore, the price and quantity supplied are directly related. Should the price fall, the quantity supplied will also decrease. Producers will prefer to supply more when the price is high to make more revenue.

The supply curve is upward sloping indicating how quantity supplied changes at different price levels. In the case, the price has decreased from $4 to $2, which represents a 50 percent drop. The quantities supplied will decrease as per the law of supply. A 50 percent decrease may result in a similar decrease in quantity supplied as the supply curve is upward sloping.

4 0

4 years ago

how will this discount change the consumer surplus and producer surplus? will big top be more efficient?

Vinvika [58]

The potential producer surplus rises as the equilibrium price rises. Producer surplus decreases when the equilibrium price falls. The producer surplus is intimately correlated with changes in the demand curve.

<h3>How do producer surplus and consumer surplus relate to one another?</h3>

The difference between what a consumer is willing to pay and what they actually spent for a product is referred to as the consumer surplus. The difference between the market price and the lowest price a producer will accept to create a good is known as the producer surplus.
The difference between what a consumer is willing to pay and what they actually spent for a product is referred to as the consumer surplus. The gap between the market price and the lowest price a producer is willing to accept is known as the producer surplus.

To learn more about producer surplus refer to:

brainly.com/question/14727592

#SPJ4

3 0

2 years ago

Qriosity inc. comes out with a new antivirus program and prices it at half price to attract buyers. the company is using _______

Talja [164]

The company is using market-penetration pricing.

6 0

4 years ago

Precision Tool is trying to decide whether to lease or buy some new equipment for its tool and die operations. The equipment cos

Alexeev081 [22]

Answer:

-$51,566.

Explanation:

So, we are given the following parameters in the question above;

Cost of equipment = $1.2 million, pre-tax cost of borrowed funds = 8 percent, tax rate = 32 percent and the equipment can be leased for = $242,500 a year.

Step one : Calculate the After-Tax lease payment .

The After-Tax lease payment = ($242,500) × (1 - 0.32) = $164,900.

Step two: Calculate the Annual Depreciation Tax-Shield.

Annual Depreciation Tax-Shield = ($1,200,000/7) × (0.32) = $54,857.

Step three: Calculate the After-Tax Discount Rate.

The After-Tax Discount Rate = 0.08 × (1 - 0.32) = 5.44%.

Step four: Calculate the Net Advantage to Leasing.

The Net Advantage to Leasing = $1,200,000 - ($164,900 + $54,857.14) × (PVIFA 5.44%, 7).

= -$51,566

3 0

3 years ago

How do you know what particulars are required in a journal entry

Blizzard [7]

$\huge\bold\blue{ AnSwEr}$

Whatever you were learning, write about it. Since this is post is in middle school, your teacher probably expects atleast half a page to be written in. Write about whatever was asked to be written in the entry. If you're reading a book for class, it may need to be a summary of what you read in the book. If you had an assignment, it's probably about the assignment. "Journal entry" means to write in your notebook, so this wasn't very clear what you need help with, ask a classmate about what assignment needs to be written about

AnSwEr bY : WZDGirl ❤

8 0

3 years ago