This is a physical item that has an increase in demand when the price of another item decreases in economics.

According to the law of supply, when the price of a good increase the quantity supplied is __________.

xeze [42]

Ans d

Explanation:

i believe

4 0

2 years ago

Jamal (now age 54) lost his job. he has very specialized skills that are no longer in demand. jamal's unemployment is best class

NISA [10]

His unemployment is best classified as Structural.

3 0

2 years ago

Uber is a tech company that connects its mobile phone app users who have a trip request with nearby Uber drivers who use their o

Liula [17]

Answer:

1. The price for Uber services increases.

2. The quantity of Uber services sold increases.

Explanation:

As the college students use the uber so here the number of students are rised up that means the demand is more when the semester is started i.e. the price is more

Also the uber has one attribute i.e. surge pricing which represent the law of demand and the supply. In the case when the demand is more or the supply is less the price would increase

So overall the price and the quantity should increased

6 0

2 years ago

A newly created design business called Smart Art is just finishing up its first year of operations. During the year, there were

vladimir2022 [97]

Answer:

Bad debts expenses shall be $ 850

Explanation:

The balance in the bad debts expense account shall be the aggregate of the amounts written off and the estimated uncollectible accounts based on ageing at the year end.

Amount written off during the year $ 650

Estimated uncollectible account provided at year end $ 200

Total Bad Debts expenses $ 850

4 0

3 years ago

Read 2 more answers

The Brisbane Manufacturing Company produces a single model of a CD player. Each player is sold for $182 with a resulting contrib

k0ka [10]

Answer:

Year 3 cashflow:

current system: 243,360

alternative system: 102,240

Present cost:

current system PV -$971,665.9146

alternative system PV -$1,075,964.17

Explanation:

Current Scenario:

42,000 inspection cost

Repairs:

1,520 identified x $75 = 114,000

Refunds:

480 units x $182 = 87,360

Total yearly cost: 243,360

PV of an annuity of $243,360 during 5 years:

Present Value of Annuity

$C \times \displaystyle \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 243,360

time 5

rate 0.08

$243360 \times \displaystyle \frac{1-(1+0.08)^{-5} }{0.08} = PV\\$

PV $971,665.9146

New Scenario:

Inspection cost: $42,000 + $25,000 = $77,000

Repair cost: 350 units x $41 = $14,320

Refunds: 50 units x $182 x 120% = $10,920

Total yearly cost: $102,240

F0 cost:

470,000 workers trainings

210,000 purchase cost

Total F0 cost: 680,000

Present Value of Annuity

$C \times \displaystyle \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 102,240

time 5

rate 0.08

$102240 \times \displaystyle \frac{1-(1+0.08)^{-5} }{0.08} = PV\\$

PV $408,214.6742

PV of residual value:

PRESENT VALUE OF LUMP SUM

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 18,000.00

time 5.00

rate 0.08

$\frac{18000}{(1 + 0.08)^{5} } = PV$

PV 12,250.50

Net present value:

- 680,000 -408,214.67 + 12,250.50 = 1,075,964.17

4 0

2 years ago